The calculation date definition

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).
The calculation date means the first day on which purchasers of ordinary shares of the Company shall not be granted the rights to subscribe for such new securities which confer the right to convert/exchange into the ordinary shares or the right to purchase the ordinary shares in case of a rights offering and/or the first day of the offering of securities which confer the right to convert/exchange into the ordinary shares or the right to purchase of the ordinary shares in case of a public offering or a private placement (as the case may be).
The calculation date means the first day on which the purchasers of the ordinary shares of the Company shall not be granted the rights to subscribe for the newly issued ordinary shares in case of a rights offering and/or the first day of the subscription of ordinary shares in case of a public offering or a private placement (as the case may be).

Examples of The calculation date in a sentence

  • The calculation date is the date determined by the Board for the calculation of the price to be paid on any particular exercise of the redemption mechanism.

  • The calculation date is, at the discretion of the Issuer, either the date of the relevant Supplement for such STNs or the preceding day on which commercial banks and foreign exchange markets are open for business in Sydney or such other date as may be agreed between the Issuer and the Programme Manager.

  • The amount of the non-contributory pension accrual is derived from the actuarial principles as applied to the conversion in Article 30.2. The calculation date used for the intended comparison between the achievable pension before and after the internal collective value transfer is January 1, 2016.

  • The calculation date is, at the discretion of the relevant Issuer, the Issue Date or the date of the relevant Pricing Supplement for such NZ MTNs (or, in either case, the preceding day on which commercial banks and foreign exchange markets are open for business in Auckland) or such other date as may be selected by the Issuer.

  • The calculation date is, at the discretion of the relevant Issuer, the Issue Date or the date of the relevant Pricing Supplement for such MTNs (or, in either case, the preceding day on which commercial banks and foreign exchange markets are open for business in Sydney) or such other date as may be agreed between the Issuer and the Registrar.


More Definitions of The calculation date

The calculation date means the first date that the subscriber of the ordinary shares are not entitled a right to subscribe for the newly issued ordinary shares (the first date that the SET posts XR sign) in the case of rights issuance, and/or the first date of the offering of the newly issued ordinary shares to the public and/or the private placement, as the case may be.
The calculation date means the first day on which the purchasers of the Company’s ordinary shares shall not be entitled to receive the dividends (the first day on which the SET posts XD sign).
The calculation date means the first day the shareholders are exempted from the right to subscribe new ordinary shares, defined as the first day the SET posts the XR sign in cases where the new ordinary shares are offered to existing shareholders by way of a rights issue, and/or the first day the new shares are offered to the public offering, and/or the private placement as the case may be.
The calculation date means the first day the purchasers of the Company’s ordinary shares are not entitled to receive dividends (the first day the XD sign is posted).
The calculation date means the first date on which the purchasers of ordinary shares will not be granted the
The calculation date means the first day on which the shareholders are not entitled to receive the dividends.
The calculation date means the first day the shareholders are exempted from the right to subscribe new ordinary shares, defined as the first day the SET posts the XR sign in cases where the new ordinary shares are offered to existing shareholders by way of a rights issue, and/or the first day the new shares are offered to the public offering, and/or the private placement as the case may be.In the case where “the market price per share of the Company’s ordinary shares” cannot be determined because there is no trading of ordinary shares at such time, the Company shall instead determine the fair value to be used for the calculation.In addition, in case there is more than one offering price at the same offering of shares under the condition that the subscription must be made altogether, all the offering prices shall be used to calculate the net price per share of the Company’s newly issued ordinary shares. However, if the condition on the subscription being made altogether does not apply, only the offering price that is lower than 90 percent of “the market price per share of the Company’s ordinary shares” shall be used for the calculation.(3) In case the Company issues new securities to its existing shareholders (a right offering) and/or public investors (a public offering) and/or specific investors (a private placement) and such securities confer the right of conversion into ordinary shares or the right to purchase the ordinary shares ( such as convertible debentures or warrants representing rights to purchase the ordinary shares) at the net price per new ordinary shares below 90 percent of “ the market price per share of the Company’ s ordinary shares”.The adjustment of the exercise price and exercise ratio shall be effective on the first date which the purchasers of ordinary shares shall not be granted the rights to subscribe for the new securities with the right to convert/exchange into ordinary shares or the right to purchase the ordinary shares for the case of an offering to existing shareholders (Right Issues) and/or the first day of the offering of any newly issued securities that grant the right to convert or change to common stock or the right to purchase ordinary shares In case of the public offering and/or in the case of the private placement, as the case may be.