Basket Business Day definition

Basket Business Day means a day on which the New York Stock Exchange (the “NYSE”), the American Stock Exchange (the “AMEX”) and The Nasdaq Stock Market (“Nasdaq”) are open for trading and the Basket Component Indices or any successor indices are calculated and published.
Basket Business Day means a day on which the Basket Indices or any successor indices are calculated and published.
Basket Business Day means a day on which The Nasdaq Stock Market, The New York Stock Exchange (the “NYSE”), and the American Stock Exchange (the “AMEX”) are open for trading and each of the Basket Indices (as defined below) or any Successor Indices (as defined below) are calculated and published.

Examples of Basket Business Day in a sentence

  • If one of these days is not a Basket Business Day, the immediately succeeding Basket Business Day is deemed to be the relevant Valuation Averaging Date.

  • For example, if the PR on a relevant Basket Business Day is 100% and remains anywhere between 100% and 90% during a subsequent period, then the PR will remain unadjusted.

  • The Basket Value on a Basket Business Day falling after the Basket Inception Date is calculated as the sum of (a) the aggregate of the weighted values of all the Assets on such Basket Business Day, in each case being the product of (I) the Asset Quantity of such Asset on such Basket Business Day, multiplied by (II) its Asset Value on such Basket Business Day, plus (b) the product of (I) the Cash Asset Quantity on such Basket Business Day, multiplied by (II) the Cash Asset Value on such Basket Business Day.

  • If on any Basket Business Day, the Basket Value or the Asset Value in respect of an Asset is equal to or less than zero, no further Basket Rebalancing Day will occur on or after such day.

  • The Basket Sponsor will make available the Basket Closing Level of the Basket on each Basket Business Day as soon as reasonably practicable after 16.00 London time on the next Basket Business Day following such Basket Business Day (the “Basket Publication Time”).


More Definitions of Basket Business Day

Basket Business Day means each day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in London and which is a TARGET2 Settlement Day.
Basket Business Day means each Common Business Day from (and including) the Initial Basket Date.
Basket Business Day means any day on which the Basket Component Indices or any Successor Indices (as defined below) are calculated and published.
Basket Business Day means a day on which the Basket Component Indices or any successor indices are calculated and published. “Market Disruption Event” means any of the following events as determined by the Calculation Agent:
Basket Business Day means any day on which the Basket Component Indices or any Successor Indices (as defined below) are calculated and published. The “Calculation Agent” is Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. All determinations made by the Calculation Agent, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of this Note. Payment of the Redemption Amount due on the Stated Maturity Date will be made in immediately available funds upon presentation and surrender of this Note at the office or agency maintained by the Company for that purpose in the Borough of Manhattan, The City of New York. If the Stated Maturity Date of this Note falls on a day that is not a Basket Business Day, the required payment of the Redemption Amount shall be made on the next succeeding Basket Business Day and no interest shall accrue as a result of such delayed payment with respect to the payment for the period from and after the Stated Maturity Date to the date of such payment on the next succeeding Basket Business Day.
Basket Business Day means any day on which the Basket Indices or any Successor Indices (as defined below) are calculated and published. All determinations made by the Calculation Agent, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of this Global Note. Adjustments to the Basket; Market Disruption Events If at any time any Index Publisher makes a material change in the formula for or the method of calculating its respective Basket Index or in any other way materially modifies its respective Basket Index so that the Basket Index does not, in the opinion of the Calculation Agent, fairly represent the level of the Basket Index had those changes or modifications not been made, then, from and after that time, the Calculation Agent shall, at the close of business in New York, New York, on each date that the closing level of the Index is to be calculated, make any adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a calculation of a level of a stock index comparable to that Basket Index as if those changes or modifications had not been made, and calculate the closing level with reference to the Basket Index, as so adjusted.
Basket Business Day means any day on which prices for the Component Stocks are calculated and published. All determinations made by the Calculation Agent, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of the Notes.