Examples of Principal Stock Exchange in a sentence
Fair Market Value means, on any given date, the reported “closing” price of a share of Common Stock on the NASDAQ National Market System or the Principal Stock Exchange on which the Common Stock is traded, or if the Common Stock was not so traded on such day, then on the next preceding day that the Common Stock was so traded.
Quoted equities are valued at the closing bid on the Principal Stock Exchange, (including the Jamaica Stock Exchange) or any recognized Stock Exchange as the Manager may decide.
Traded securities shall be valued at the closing price on The Principal Stock Exchange on the valuation day i.e. National Stock Exchange of India Ltd.(NSE).
For purposes of calculating the Conversion Price, the term "Business Day" shall mean a day on which the Principal Stock Exchange is open for business or, if no such exchange, the term "Business Day" shall have the meaning given such term in Section 3(D) below.
Investment in debentures and bonds are valued at the closing market rate as on the date of valuation and, in its absence, at the latest quote available during a period of fifteen days prior to the valuation date provided there is an individual trade in that security in marketable lot (presently Rs.5 Crore) on the Principal Stock Exchange or any other Stock Exchange.