Substitute Value definition

Substitute Value means an index level that is determined by the Determination Agent in its reasonable discretion (billiges Ermessen, §317 BGB).
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Substitute Value means an index level that is determined by the Determination Agent in its reasonable discretion (billiges Ermessen, §317 BGB).(3) Correction of the Index. In the event that the value of the Index published on the Exchange or Related Exchange or by the Index Administrator and which is utilised for any calculation or determination made in relation to the Securities subsequently corrected and the correction is published by the Exchange or the Index Administrator before the Maturity Date, the Determination Agent will determine the amount that is payable or deliverable as a result of that correction, and, to the extent necessary, will adjust the terms of such transaction to account for such correction and will notify the Holders accordingly pursuant to §12.(4) Disrupted Days. If the Determination Agent in its reasonable discretion by taking into consideration the relevant capital market practice and by acting in good faith determines that the Valuation Date is a Disrupted Day or not a Scheduled Trading Day, then the Valuation Date shall be the first succeeding Scheduled Trading Day that the Determination Agent determines is not a Disrupted Day, unless the Determination Agent determines that each of the five Scheduled Trading Days immediately following the original date is a Disrupted Day. In that case and for the purpose of determining the Redemption Amount or the Stop Loss Amount, as the case may be:
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Substitute Value means an index level thatis determined by the Determination Agent in its "Ersatzwert" einen Stand des Index bezeich-net, den die Festlegungsstelle nach billigem
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Examples of Substitute Value in a sentence

  • Falls die Emittentin auf diese Weise festlegt, dass die Wertpapiere gekündigt werden, wird die Emittentin den Gläubiger gemäß §12 innerhalb einer Frist von nichtreasonable discretion (billiges Ermessen, §317 BGB), considers appropriate, if any, to the formula for determining the Redemption Amount or the Substitute Value and any other variable relevant to the settlement or payment terms of the Securities, which change or adjustment shall be effective on such date as the Determination Agent shall determine.

  • Examples: CR102980 or vendor invoice number for Check Requests, MR00023 for mileage reimbursements, PD00213 for Per Diem / Travel reimbursements, RS20053 for Recycled Substitute Value Program and CC101026 for Credit Card Issuance.

  • Barriers to implementing program activities are also likely factors contributing to unexpected negative consequences.

Related to Substitute Value

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Substitute care means the out-of-home placement of a child or young adult who is in the legal or physical custody and care of the Department.