Settlement Value Securities definition

Settlement Value Securities means the securities included in the calculation of the Settlement Value from time to time and shall initially consist only of the Index Stock.

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Settlement Value Securities means the securities included in the calculation of the Settlement Value by the Calculation Agent pursuant to the Calculation Agency Agreement. The Settlement Value Securities will initially consist of the common stock designated as the Index Stock on the face of this Note.

Settlement Value Securities shall have the meaning set forth in Section 1 of this Annex A.

Examples of Settlement Value Securities in a sentence

If the relevant Notes may be settled on the Stated Maturity Date or on the Optional Repurchase Date and if Stock Settlement is applicable, the Calculation Agent will determine the number and kind of Settlement Value Securities to be delivered, and whether cash or other property shall be delivered in lieu of, or in addition to, any Settlement Value Securities, all in accordance with Section 4 hereof and the terms of the relevant Notes.
Adjustments to a Multiplier and the Settlement Value Securities shall be made by the Calculation Agent in the circumstances described below.
The Calculation Agent shall determine (a) the Maturity Payment Amount, (b) the Settlement Value, (c) the Closing Price of each Settlement Value Security on the Valuation Date, (d) the Multipliers for each of the Settlement Value Securities, (e) whether adjustments to the Multipliers should be made and (f) whether a Market Disruption Event has occurred.
If Stock Settlement is applicable and the calculations in the preceding paragraph result in fractional shares, the applicable Payment Amount shall be paid in cash in an amount equal to the value of fractional shares based upon the Closing Prices of the Settlement Value Securities on the applicable Valuation Date and in performing such calculation, the Calculation Agent will round down the cash payment to the nearest cent.

More Definitions of Settlement Value Securities

Settlement Value Securities means, if the Reference Equity specified on the face of this Note is a common stock or a basket of common stocks, the securities included in the calculation of the Settlement Value by the Calculation Agent pursuant to the Calculation Agency Agreement. The Settlement Value Securities will initially consist of the common stocks designated as the Reference Equity on the face of this Note.

Settlement Value Securities means the securities included in the Settlement Value from time to time and shall initially be the common stock of Caterpillar Inc. The Settlement Value Securities shall only be adjusted by the Calculation Agent pursuant to the Calculation Agency Agreement for certain extraordinary corporate events as set forth in the Calculation Agency Agreement.

Settlement Value Securities means the securities included in the calculation of the Settlement Value from time to time and shall initially be the common stock or common stocks designated as the Reference Equity on the face of this Note, unless adjusted for certain extraordinary corporate events as described herein.

Settlement Value Securities means the securities included in the Settlement Value from time to time and shall initially be the common stock of ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ Companies, Inc., unless adjusted for certain extraordinary corporate events as described herein.

Settlement Value Securities are defined in Section 1 herein.

Settlement Value Securities means the securities included in the calculation of the Settlement Value from time to time and shall initially be the common stock of Calpine Corporation, unless adjusted for certain extraordinary corporate events as described herein.

Settlement Value Securities means the securities included in the calculation of the Settlement Value from time to time and shall initially be the common stock of LSI Logic Corporation, unless adjusted for certain extraordinary corporate events as described herein.