Examples of Quarterly Calculation Period in a sentence
The Basket Adjustment Factor will equal a pro rata amount equal to 1.0% per year of the daily value of the Select 30 Basket at the end of the previous day accrued daily on the basis of a 365-day year and will be subtracted from the Basket Unit Income at the end of each day prior to effecting any reallocation that day; provided, however, the value of the Basket Adjustment Factor for any Quarterly Calculation Period will not exceed the value of the Basket Unit Income for that Quarterly Calculation Period.
This reduction will be effected by decreasing the Share Multiplier of the related U.S. Select Foreign Access 25 Stock by an amount that, when multiplied by the closing price of the related U.S. Select Foreign Access 25 Stock on the last Index Business Day of the related Quarterly Calculation Period, equals the value of the hypothetical option at expiration.
Finally, the Seller may, at its option and its sole discretion, repurchase and accept re- assignment of any Delinquent Mortgage Receivable on the Mortgage Payment Date falling in the Quarterly Calculation Period immediately following the Quarterly Calculation Period in which the relevant Mortgage Receivable has become a Delinquent Mortgage Receivable.
Quarterly Calculation Period no later than 6 Banking Days before each Quarterly Payment Date; and.
This reduction will be effected by decreasing the Share Multiplier of the related Select 25 Stock by an amount that, when multiplied by the closing price of the related Select 25 Stock on the last Index Business Day of the related Quarterly Calculation Period, equals the value of the hypothetical option at expiration.