Fractional Entitlement means an amount of securities or cash remaining following the calculation of whole entitlement based on the terms of a Corporate Action.
Fractional Entitlement means, in respect of an Instrument, the fraction of the Deliverable Assets existing prior to the rounding down to the nearest whole number resulting from the calculation of the Deliverable Assets, rounded to the nearest four decimal places, with 0.00005 rounded upwards (or such other number of decimal places as specified in the relevant Pricing Supplement), as determined by the Calculation Agent, unless otherwise specified in the relevant Pricing Supplement;
Fractional Entitlement means the fraction of the Deliverable Assets existing prior to rounding down to the nearest whole number resulting from the calculation of the Deliverable Assets, rounded to the nearest four decimal places, with 0.00005 rounded upwards, as determined by the Calculation Agent, being if the Worst Performing Share is:
Examples of Fractional Entitlement in a sentence
The Company shall bear the cost of any stamp duty payable on the transfer of the Fractional Entitlement Shares.
More Definitions of Fractional Entitlement
Fractional Entitlement means, in respect of an Instrument, the fraction of the Deliverable Assets existing prior to the rounding down to the nearest whole number resulting from the
Fractional Entitlement means an entitlement to a fraction of a Topco Ordinary Share.
Fractional Entitlement means a right under the Plan to receive an additional cash sum calculated in accordance with:
Fractional Entitlement shall have the meaning given by background (A);
Fractional Entitlement means, in respect of each Certificate (of the Nominal Amount), the fraction of the Deliverable Assets existing prior to rounding down to the nearest four decimal places, with 0.00005 rounded upwards, as determined by the Calculation Agent, being, if the Worst Performing Share is: