Underlying Stocks definition

Underlying Stocks means the stocks included in the Index or any Successor Index.
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Underlying Stocks means the stocks included in the Index or any Successor Index. If the Calculation Agent determines that an Extraordinary Event has occurred and is continuing, and if the Extraordinary Event is expected by the Calculation Agent to continue, the Company may immediately cancel all outstanding Warrants by notifying the Warrant Agent of such cancellation (the date such notice is given being the "Cancellation Date"), and each beneficial owner's rights under the Warrants and this Agreement shall thereupon cease; provided that each Warrant shall be automatically exercised on the basis that the Valuation Date for such Warrant shall be the Cancellation Date, if the Cancellation Date is an Index Calculation Day, or the immediately succeeding Index Calculation Day, if the Cancellation Date is not an Index Calculation Day, and the Holder of each such Warrant shall receive, in lieu of the Cash Settlement Value of such Warrant, an amount (the "Alternative Settlement Amount"), determined by the Calculation Agent, which is the greater of (i) the average of the last sale prices, as available, of the Warrants on the AMEX (or any successor securities exchange on which the Warrants are listed) on the 30 trading days preceding the date on which such Extraordinary Event was declared; provided that, if the Warrants were not traded on the AMEX (or such successor securities exchange) on at least 20 of such trading days, no effect will be given to this clause (i) for the purpose of determining the Alternative Settlement Amount, and (ii) the amount "X" calculated using the formula set forth below: T A X = I + [ --- X --- ] 2 B where I = The Cash Settlement Value of the Warrants determined as described in Section 2.02(e), but subject to the following modifications:
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Underlying Stocks. (each an "Underlying Stock") are the common stocks included in the 2004-1 Income 10 Portfolio from time to time. The "Underlying Issuers" (each an "Underlying Issuer") are the issuers of the Underlying Stocks. The Underlying Stocks as of February 19, 2004 are: Altria Group, Inc.; AT&T Corp.; E.I. du Pont de Nemours and Company; Exxon Mobil Corporation; General Electric Company; General Motors Corporation; International Paper Company; J.P. Morgan Chase & Co.; Merck & Co. Inc.; and SBC Communications Inc.
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Examples of Underlying Stocks in a sentence

  • Any payments on the Notes will be calculated based on $1,000 in principal amount of Notes and will depend on the performance of the Underlying Stocks, subject to our and BAC’s credit risk.

  • We will also determine whether the final Contingent Coupon Payment is payable based upon the prices of the Underlying Stocks on the deemed Valuation Date; any such final Contingent Coupon Payment will be prorated by the calculation agent to reflect the length of the final contingent payment period.

  • The hypothetical investment in the Underlying Stocks presented in this column does not take into account transaction costs and taxes.

  • An investment in the Underlying Stocks is assumed to be equivalent to an investment in the Index, including the method and timing of reinvesting dividends, except that the Index will be reduced daily by the pro rata portion of the annual Index Adjustment Factor of 1.5%.

  • Anti-Dilution Adjustments to Underlying Stocks that Are Common Equity The calculation agent, in its sole discretion and as it deems reasonable, may adjust the Price Multiplier for any Underlying Stock and other terms of ARNs, and hence the EndingValue, as a result of certain events related to an Underlying Stock, which include, but are not limited to, the following: Stock Splits and Reverse Stock Splits.

  • There is no need for a change to the codified rule against unreasonable interference withconsumers’ chosen internet traffic.

  • The “Ending Value” will equal the closing market price at which the Oil Service HOLDRs traded on the third scheduled Trading Day before the maturity date of the Notes, subject to adjustment as described in this pricing supplement if on that Trading Day there is a disruption in the trading of the Oil Service HOLDRs, certain futures or options contracts relating to the Oil Service HOLDRs, the Underlying Stocks or certain futures or options contracts relating to the Underlying Stocks.

  • Anti-Dilution Adjustments to Underlying Stocks that Are Common Equity The calculation agent, in its sole discretion and as it deems reasonable, may adjust the Price Multiplier for any Underlying Stock (and as a result, the Ending Value), and any other terms of the ARNs (such as the Starting Value), as a result of certain events related to an Underlying Stock, which include, but are not limited to, the following: Stock Splits and Reverse Stock Splits.

  • If during any quarterly calculation period the calculation agent removes one of the Underlying Stocks, all outstanding notional call options in respect of that Underlying Stock will be treated as terminated at the close of business on the day on which the Underlying Stock is removed.

  • Anti-Dilution Adjustments to Underlying Stocks that Are Common Equity The calculation agent, in its sole discretion and as it deems reasonable, may adjust the Price Multiplier and other terms of ARNs, and hence the Ending Value, as a result of certain events related to an Underlying Stock, which include, but are not limited to, the following: Stock Splits and Reverse Stock Splits.


More Definitions of Underlying Stocks

Underlying Stocks. (each an “Underlying Stock”) are the common stocks included in the 2005-1 REIT Portfolio from time to time. The “Underlying Issuers” (each an “Underlying Issuer”) are the issuers of the Underlying Stocks. The current Underlying Stocks are: New Century Financial Corporation; Simon Property Group, Inc.; Equity Office Properties Trust; Equity Residential; Archston-Xxxxx Trust; General Growth Properties, Inc.; Novastar Financial, Inc.; Vornado Realty Trust; Friedman, Billings, Xxxxxx Group, Inc.; Impac Mortgage Holdings, Inc.; Developers Diversified Realty Corporation; Boston Properties, Inc.; Apartment Investment and Management Company; Liberty Property Trust; Annaly Mortgage Management, Inc. The Macerich Company; Kimco Realty Corporation; Duke Realty Corporation; Xxxxxxxxx Mortgage, Inc.; Redwood Trust, Inc.; Rayonier Inc.; Xxxx-Xxxx Realty Corporation; United Dominion Realty Trust, Inc.; Reckson Associates Realty Corp.; and Hospitality Properties Trust. The 2005-1 REIT Portfolio will be calculated by Citigroup Global Markets Inc. as calculation agent using an equal dollar-weighting methodology designed to ensure that each of the Underlying Stocks is represented in an approximately equal dollar amount in the 2005-1 REIT Portfolio as of each annual reconstitution of the 2005-1 REIT Portfolio. To create the 2005-1 REIT Portfolio, the calculation agent calculated a notional portfolio of the Underlying Stocks representing an investment between approximately $2 and approximately $6 in each Underlying Stock at their volume weighted average prices, or VWAP, on March 30, 2005. Accordingly, each Underlying Stock initially represented between approximately 2% and approximately 6% of the value of the 2005-1 REIT Portfolio. The VWAP of a common stock for any day is the total value of the shares of that stock traded on that stock’s relevant exchange that day divided by the total number of shares of that stock traded on that stock’s relevant exchange that day. The VWAP of each Underlying Stock for any day will be the price as calculated by Bloomberg Financial Markets using the function “VAP,” or any successor function, and taking into account all trades of that stock between 9:30 a.m. and 4:00 p.m. New York time on that date or if such price is not so calculated by Bloomberg Financial Markets, then as reported by another recognized source selected by the calculation agent on that date. The value of the 2005-1 REIT Portfolio at any time equals the sum of the products of th...
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Underlying Stocks. (each an “Underlying Stock”) are the common stocks included in the Income 10 Portfolio from time to time. The “Underlying Issuers” (each an “Underlying Issuer”) are the issuers of the Underlying Stocks. The Underlying Stocks as of October 28, 2004 are: Altria Group, Inc.; Coca-Cola Company; E.I. du Pont de Nemours and Company; General Electric Company; General Motors Corporation; X.X. Xxxxxx Chase & Co.; Merck & Co. Inc.; Pfizer Inc.; SBC Communications Inc. and Verizon Communications Inc. The Income 10 Portfolio will be calculated by Citigroup Global Markets Inc. as calculation agent using an equal dollar-weighting methodology designed to ensure that each of the Underlying Stocks is represented in an approximately equal dollar amount in the Income 10 Portfolio as of each annual reconstitution of the Income 10 Portfolio, including the reconstitution that occurred on October 28, 2004. To create the Income 10 Portfolio, the calculation agent calculated a notional portfolio of the Underlying Stocks representing an investment of $10 in each Underlying Stock at their volume weighted average prices, or VWAP, on October 28, 2003. Accordingly, each underlying stock initially represented 10% of the value of the Income 10 Portfolio. The VWAP of a common stock for any day is the total value of the shares of that stock traded on that stock’s relevant exchange that day divided by the total number of shares of that stock traded on that stock’s relevant exchange that day. The VWAP of each Underlying Stock for any day will be the price as calculated by Bloomberg Financial Markets using the function “VAP,” or any successor function, and taking into account all trades of that stock between 9:30 a.m. and 4:00 p.m. New York time on that date or if such price is not so calculated by Bloomberg Financial Markets, then as reported by another recognized source selected by the calculation agent on that date. The value of the Income 10 Portfolio at any time equals the sum of the products of the current trading price for each Underlying Stock and the Portfolio Composition Ratio (as defined below), of that Underlying Stock. Because the notional portfolio used to create the Income 10 Portfolio represented investments of $10 in ten stocks, the initial value of the Income 10 Portfolio on October 28, 2003 was 100.00. The value of the Income 10 Portfolio at the close of business on November 22, 2004 was $97.03. The value of the Income 10 Portfolio used to calculate the ending value of the ...
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Underlying Stocks means the securities which are the subject of the Single Stock Futures Contract.[Deleted] (End of Business Rule 1100) [Note: Entire Rule 1200 is reproduced below.] RULE 1200 THREE MONTH KLIBOR FUTURES CONTRACT Rule 1200 Rule 1201 Contract Unit and Contract Value The Contract represents a Ringgit interbank time deposit in the Kuala Lumpur Wholesale Money Market having a principle value of Ringgit Malaysia One Million (RM1,000,000) with a three-month maturity on a 360-day year.[Deleted]
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Underlying Stocks. (each an "Underlying Stock") are the common stocks included in the Income 10 Portfolio from time to time. The "Underlying Issuers" (each an "Underlying Issuer") are the issuers of the Underlying Stocks.
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Related to Underlying Stocks

  • Underlying Shares means the shares of Common Stock issuable upon conversion of this Debenture or as payment of interest in accordance with the terms hereof.

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Underlying Securities Issuer With respect to an Underlying Security, the issuer thereof (including, if applicable, the guarantor of the Underlying Security), as identified in the Underlying Securities Schedule.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Underlying Securities Trustee means The Bank of New York.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Underlying means the Underlying as specified in § 1 of the Product and Underlying Data.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Asset-Backed Securities means securities which:

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Underwriters' Securities means the Offered Securities other than Contract Securities.

  • Pre-Funded Warrants means, collectively, the Pre-Funded Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Pre-Funded Warrants shall be exercisable immediately and shall expire when exercised in full, in the form of Exhibit A-2 attached hereto.

  • Other Securities refers to any stock (other than Common Stock) and other securities of the Company or any other person (corporate or otherwise) which the holder of the Warrant at any time shall be entitled to receive, or shall have received, on the exercise of the Warrant, in lieu of or in addition to Common Stock, or which at any time shall be issuable or shall have been issued in exchange for or in replacement of Common Stock or Other Securities pursuant to Section 4 or otherwise.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Underlying Company means the issuer of the relevant Security as specified above, in each case subject to adjustment in accordance with Condition 13 (Adjustments).

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Underlying Market means the relevant market where the Underlying Asset of a CFD is traded.

  • Underlying Security means a security issued or transferred, or to be issued or transferred, in accordance with the terms of a convertible security, an exchangeable security or a multiple convertible security;

  • PIPE Shares shall have the meaning given in the Recitals hereto.