Applicable Observation Period definition

Applicable Observation Period means the first 60 Trading Days beginning on and including the 62nd Scheduled Trading Day prior to the Maturity Date.
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Applicable Observation Period with respect to any Note means the 60 consecutive Trading Day period beginning on and including the second Trading Day after the Exchange Date relating to such Note, except that with respect to any Note surrendered for exchange during the period beginning on August 15, 2011 and ending on the second Business Day prior to the Maturity Date, “Applicable Observation Period” means the first 60 Trading Days beginning on and including the 62nd Scheduled Trading Day prior to the Maturity Date.
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Applicable Observation Period with respect to any Note means the 20 consecutive Trading Day period beginning on and including the second Trading Day after the Exchange Date relating to such Note, except that (i) with respect to any Note that has been called for redemption and surrendered for exchange after the issuance of a notice of redemption pursuant to Section 3.02, “Applicable Observation Period” shall mean the first 20 Trading Days beginning on and including the 22nd Scheduled Trading Day prior to the Redemption Date, and (ii) with respect to any Exchange Date occurring during the period beginning on the 25th Scheduled Trading Day prior to the maturity date, the 20 consecutive Trading Day period beginning on, and including, the 22nd Scheduled Trading Day prior to the Maturity Date.
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Examples of Applicable Observation Period in a sentence

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes at a price equal to the Closing Sale Price of Common Stock on the last day of the Applicable Observation Period.

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes at a price equal to the Closing Sale Price of the Common Stock on the last day of the Applicable Observation Period.

  • When a Holder surrenders Notes for exchange, the Issuer may direct the Exchange Agent to surrender, on or prior to the commencement of the Applicable Observation Period, such Notes to a financial institution designated by the Issuer for transfer in lieu of exchange.

  • By the close of business on the Trading Day immediately preceding the start of the Applicable Observation Period, the Issuer shall notify the Exchange Agent and the Holder surrendering Notes for exchange that the Issuer has directed the designated financial institution to accept the Notes in lieu of exchange and such financial institution will be required to notify the Exchange Agent whether it will deliver, upon exchange, Shares of Beneficial Interest, cash or a specified combination thereof.

  • If any fractional Share of Beneficial Interest would be issuable upon the exchange of any Note or Notes, the Issuer shall make an adjustment and payment therefor in cash to the Holder of Notes based on the Daily VWAP of the Shares of Beneficial Interest on the last Trading Day of the Applicable Observation Period.

  • If any fractional share of Common Stock would be issuable upon the exchange of any Note or Notes, the Issuer shall make a payment therefor in cash to the Holder of Notes at a price equal to the Daily VWAP of the Common Stock on the last day of the Applicable Observation Period.


More Definitions of Applicable Observation Period

Applicable Observation Period has the meaning set forth in the Indenture.
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Applicable Observation Period with respect to any Note means the 30 consecutive Exchange Settlement Trading Day period beginning on and including the second Exchange Settlement Trading Day after the Exchange Date relating to such Note, except that with respect to any Note surrendered for exchange during the period beginning on the 34th Scheduled Trading Day prior to the respective Maturity Date of such Note and ending on the second Business Day prior to the Maturity Date, “Applicable Observation Period” means the first 30 Exchange Settlement Trading Days beginning on and including the 32nd Scheduled Trading Day prior to the Maturity Date.
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Related to Applicable Observation Period

  • SOFR Observation Period means, in respect of an Interest Accrual Period, the period from (and including) the date falling the number of SOFR Observation Shift Days prior to the first day of such Interest Accrual Period to (but excluding) the date falling the number of SOFR Observation Shift Days prior to the Interest Period Date for such Interest Accrual Period;

  • Observation Period means, in respect of an Interest Period, the period from, and including, the date falling "p" London Banking Days prior to the first day of such Interest Period (and the first Interest Period shall begin on and include the Interest Commencement Date) and ending on, but excluding, the date which is p London Banking Days prior to the Interest Payment Date for such Interest Period (or the date falling p London Banking Days prior to such earlier date, if any, on which the Notes become due and payable);

  • SOFR Observation Shift Days means the number of U.S. Government Securities Business Days as specified in the applicable Pricing Supplement; and

  • Scheduled Observation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been an Observation Date.

  • Observation Date means each of the following Observation Dates:

  • Final Observation Date means the Final Observation Date as specified in § 1 of the Product and Underlying Data. If the Final Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Final Observation Date. The Final Payment Date will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Barrier Observation Date means each of the Barrier Observation Dates as specified in § 1 of the Product and Underlying Data. If a Barrier Observation Date is not a Calculation Date for one or more Basket Components, the immediately following day, which is a Calculation Date shall be the respective Barrier Observation Date for all Basket Components.

  • Observation Shift Days means the number of London Banking Days specified in the relevant Final Terms; and

  • Initial Observation Date means the Initial Observation Date as specified in § 1 of the Product and Underlying Data. If the Initial Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Initial Observation Date.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Observation Date (k means the "Observation Date (k)" as specified in § 1 of the Product and Underlying Data. If an Observation Date (k) is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the respective Observation Date (k). The respective Early Payment Date (k) will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Agreement Period shall have the meaning ascribed thereto in Clause 3.2 of this Agreement.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Notification Period has the meaning given to such term in Clause 3.10(b) or 3.10(c) of the Gold Bullion Terms, as the case may be.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Observation Dates means each date specified as such in the applicable Issue Terms provided that, if such date is not a Scheduled Trading Day, the Observation Date shall be the immediately succeeding Scheduled Trading Day unless, in the opinion of the Calculation Agent, such day is a Disrupted Day. If such day is a Disrupted Day, then:

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.