Daily Adjustment definition

Daily Adjustment for any given Trading Day shall equal a fraction:
Daily Adjustment means, for a class of Energy Securities i on Trading Day t, A(i,t) calculated in accordance with Condition 5;
Daily Adjustment for any given Trading Day shall be equal to a fraction, the numerator of which shall be the Closing Sale Price of the Common Stock on that Trading Day plus the closing price of the portion of those shares of Capital Stock or similar equity interests so distributed applicable to one share of the Common Stock on that Trading Day, and the denominator of which shall be the product of 10 and the Closing Sale Price of the Common Stock on that Trading Day. The increase in the Applicable Conversion Rate in the event of a Spin-off shall take effect on the tenth Trading Day from, and including, the effective date of the Spin-off.

Examples of Daily Adjustment in a sentence

  • The Daily Adjustment (which may be negative) will be an annualised rate agreed from time to time between the Issuer and the relevant Oil Major Company reflecting the benefit or cost to the Oil Major Company of selling Energy Contracts to the Issuer.

  • The "Daily Adjustment Factor" for an End User Category for a Day is a factor representing the weather sensitivity of demand in that End User Category on that Day.

  • Daily Adjustment ReportUpon request, on the business day following the processing of any adjustment on any Account, Contractor will provide the Participating Entity with a daily report of each Account where an adjustment has been made to any previously applied payment or amount referred or owed.

  • Daily Adjustment of the Strike(Daily calculation of the Adjustment Amount)6.3.6. Adjustment of the Strike and the Knock-out Barrier due to dividends distributed in respect of the Underlying6.3.7. Leverage, pricing of Unlimited TURBO Warrants Applicable Risks: In particular the following risk factors which are mentioned in the Securities Note ("2.

  • Staff within the partnership are appointed by member authorities, it was evidenced that an organisational chart was available for the Council.

  • Daily Adjustment of the Strike(Daily calculation of the Adjustment Amount)6.3.6. Adjustment of the Strike and the Knock-out Barrier due to dividends distributed in respect of the Underlying6.3.7. Leverage, Pricing of Unlimited TURBO Warrants Applicable Risks: In particular the following risk factors which are mentioned in the Securities Note ("2.

  • The formula and method of calculating the price is the same for all classes of Collateralised Currency Security regardless of the level of any leverage contained in the relevant Currency Index.Daily AdjustmentThe Daily Adjustment is included in the formula for the calculation of the Price to take account of the fees that are payable to ManJer under the Services Agreement (the Management Fee) and to MSIP under the Facility Agreement (the Daily Spread) and is calculated pursuant to the formula below.

  • Daily AdjustmentThe Daily Adjustment is included in the formula for the calculation of the Price to take account of the fees that are payable to ManJer under the Services Agreement (the Management Fee) and to MSIP under the Facility Agreement (the Daily Spread) and is calculated pursuant to the formula below.

  • Daily Adjustment of the Strike(Daily calculation of the Adjustment Amount)7.3.7 Leverage, Pricing of Unlimited TURBO Warrants Applicable Risks: In particular the following risk factors which are mentioned in the Base Prospectus ("2.

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More Definitions of Daily Adjustment

Daily Adjustment has the meaning specified in Section 12.9.
Daily Adjustment for any given Trading Day is equal to the fraction:
Daily Adjustment. ’ means the adjustment to the Entitlement to be made on each

Related to Daily Adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Lot line adjustment means the relocation of the property boundary line in a

  • SOFR Adjustment means 0.10% (10 basis points).

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;