Reset Calculation definition

Reset Calculation has the meaning assigned to such term in Section 8.2;
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Reset Calculation means 1.5 times the Peak Usage calculation for each Eligible Product multiplied by the then current local SELECT Program Fees for each Eligible Product.
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Examples of Reset Calculation in a sentence

  • If, during the Reset Calculation Period, any event has occurred which would require adjustment in accordance with c.

  • Upon the completion of the Conversion Price Reset Calculation Period, the Corporation, if and as applicable, shall true up the number of shares of Common Stock due the Holder based on the determination of the Conversion Price Reset and promptly deliver such additional shares of Common Stock to the Holder.

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  • A Weekly Reset Calculation Period will be a period from and including each Weekly Reset Date to but excluding the next following Weekly Reset Date.

  • Weighted Average Weekly Reset Rate: For any Interest Period, (a) the sum of the Weighted Weekly Reset Rates for all Weekly Reset Calculation Periods during such Interest Period, divided by (b) the actual number days in such Interest Period.

  • Weekly Reset Rate: For each Weekly Reset Calculation Period, the rate of the SIFMA Index as of the SIFMA Index Determination Date.

  • The Counterparty may, at its option and in its discretion,update the Payout Factors (each, “Updated Payout Factors”) by delivering a notice containing such Updated Payout Factors to the Calculation Agent (each such notice,an “Updated Data Notice”) no later than the applicable Reset Calculation Date.

  • However, the first Weekly Reset Calculation Period of an Interest Period shall be from and including (a) the Issue Date (in the case of the first Interest Period) or (b) the first day of the related Interest Period (in the case of all subsequent Interest Periods) (which may result in a one-day Weekly Reset Calculation Period).

  • Weighted Weekly Reset Rate: For any Weekly Reset Calculation Period, (a) the Weekly Reset Rate for such Weekly Reset Calculation Period, multiplied by (b) the actual number of days during such Weekly Reset Calculation Period.

  • Weekly Reset Calculation Period: Each Interest Period will be comprised of Weekly Reset Calculation Periods.

Related to Reset Calculation

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Index Calculation Agent means Bank Vontobel AG, Gotthardstrasse 43, 8002 Zurich, Switzerland. "Index Calculation Day" means every day from Monday to Friday.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • RMB Rate Calculation Agent means the agent appointed from time to time by the Issuer for the determination of the RMB Spot Rate or identified as such in the relevant Final Terms.

  • Redemption Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify:

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

  • Reset Notice has the meaning given such term in Section 5.11(b).

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Reset Rate means, in connection with each Remarketing, the rate per annum (as determined by the Remarketing Agent(s) in consultation with the Company pursuant to the Remarketing Agreement) rounded to the nearest one thousandth (0.001) of one percent that the Notes shall bear.

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;