Reset Event definition

Reset Event means the event defined in §4(4).
Reset Event means “Reset Event” as used in the definition of Interest Rate.
Reset Event means, for any Fiscal Quarter, an Average Closing Price for TXU Common Stock in excess of $39.45, as adjusted to account for stock splits, stock dividends and similar occurrences.

Examples of Reset Event in a sentence

  • Each time the Observation Price of the Underlying breaches a specific Reset Threshold, a Reset Event will be deemed to have occurred.

  • Current Strike i) If a Reset Event has NOT occurred: The Current Strike (Xnew) will be determined by the Calculation Agent on a daily basis commencing from the Initial Strike in accordance with the formula below, and rounded to four decimal places: Xnew Current Strike after the adjustmentLF Leverage FactorRP Reference Price The Current Strike will be available on www.ubs.com/keyinvest or any successor page.

  • Upon the occurrence of a Reset Event the Leverage Factor is reset to 4 until the next Reset Event or the next Relevant Business Day whichever comes first.

  • Market Expectation Investors expect the Underlying to increase in value and accordingly expect to benefit froma leveraged performance relative to the Underlying.In any case Investors expect that no Reset Event will occur.

  • Market Expectation Investors expect the Underlying to decrease in value and accordingly expect to benefitfrom a leveraged performance relative to the Underlying.In any case Investors expect that no Reset Event will occur.


More Definitions of Reset Event

Reset Event as used in the definition of Interest Rate.
Reset Event means an Acquisition Reset Event or a Trading Reset Event.
Reset Event has the meaning assigned to it in Section 3(b) hereof. -----------
Reset Event has the meaning assigned to such term in Section 4.02 of the WCG Note Indenture.
Reset Event has the meaning set forth in Section 12.01 hereof. -----------
Reset Event means that the Reset Measuring Price is less than $3.01 (as adjusted for stock splits, stock dividends, recapitalizations, reorganizations, reclassifications, combinations, reverse stock splits or other similar events).
Reset Event means either an IPO or a Sale of LAHCG. At the discretion of the Board, a Reset Event may also include an IPO or Sale of one or more LAHCG subsidiaries, but less than all of LAHCG.