NPV Calculation Day definition

NPV Calculation Day means any Business Day on which no Price Event occurs. With respect to each year, the following days shall not qualify as NPV Calculation Days: New Year’s Day (1st January), Good Friday, Easter Monday, Labour Day (1st May), Christmas Eve (24th December), Christmas Day (25th December), St. Stephen's Day (26th December), New Year’s Eve (31st December) as well as Saturdays and Sundays. If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.
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NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which Refinitiv Benchmark Services Limited (the "Relevant Reference Agent") generally fixes the WM/Refinitiv Closing Spot Rate (MID) for [Base Currency] 1.00 for [Counter Currency] (the "FX Fixing")]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)].] If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.
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NPV Calculation Day means any Business Day [on which the trading days on the Exchange are not shortened as planned (e.g. due to holidays in the country in which the Exchange has its registered seat)] [as well as no Price Event occurs] [on which no Price Event occurs]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)] as well as Saturdays and Sundays.] [other provisions] If there is no Price Level on a Business Day or if there is a Market Disruption Event, this day (if applicable also retroactively) is not considered an NPV Calculation Day.
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Examples of NPV Calculation Day in a sentence

  • If on the NPV Calculation Day t at least one Intraday Adjustment of the NPVt according to paragraph 3 has taken place and the NPV Calculation Time is within the last Adjustment Period, the last Intraday Adjustment shall replace the ordinary calculation of NPVt and a new Observation Period shall commence thereafter.

  • As a rule, the Financing Component is negative and on each NPV Calculation Day, has a value-reducing effect on the NPV.

  • In this context, the costs resulting from the per annum rate (IC Rate) are higher, the higher the Factor.A day on which the Underlying Price rises sharply compared with the last Reference Price determined and where therefore a Price Event occurs (i.e. the performance of the Underlying is equal to or greater than 15.00%), is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

  • As a result, the NPV may develop worse than it would have done if the day on which the Price Event occurred had been an NPV Calculation Day.

  • In the event of high fluctuations in the underlying, several Intraday Adjustments may also be necessary on one NPV Calculation Day.

  • It should be noted that the higher the Factor, the higher the costs resulting from the per annum rate (IC Rate).A day on which the Underlying Price falls sharply compared with the last Reference Price determined and where therefore a Price Event occurs (i.e. the performance of the Underlying is equal to or greater than 15.00%), is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

  • A day on which the Underlying Price rises sharply (for Long) or falls sharply (for Short) compared with the last Price Level determined and where therefore a Price Event occurs, is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

  • A day on which the Underlying Price rises sharply (for Long) or falls sharply (for Short) compared with the last Reference Price determined and where therefore a Price Event occurs, is not considered to be an NPV Calculation Day, i.e. no NPV is determined on such a day.

  • If on the NPV Calculation Day t at least one Intraday Adjustment of the NPVt according to paragraph 2 has taken place and the NPV Calculation Time is within the last Adjustment Period, the last Intraday Adjustment shall replace the ordinary calculation of NPVt and a new Observation Period shall commence thereafter.

  • The Redemption Amount per Security shall be equal to the NPV on the Valuation Date, expressed in USD and converted into the Issue Currency.The NPV is calculated in dependency on the previously determined NPV on each NPV Calculation Day t, commencing on the Launch Date, at the NPV Calculation Time according to the following formula (subject to paragraph 3.


More Definitions of NPV Calculation Day

NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which the trading days on the Exchange are not shortened as planned (e.g., due to holidays in the country in which the Exchange has its registered seat)]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th December),] [Christmas Day (25th December),] [St. Stephen's Day (26th December),] [New Year’s Eve (31st December)].] If there is
Sample 1
NPV Calculation Day means any Business Day [except Saturday and Sunday]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st January),] [Good Friday,] [Easter Monday,] [Labour Day (1st May),] [Christmas Eve (24th
Sample 1
NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which [Refinitiv Benchmark Services Limited][other provision] (the "Relevant Reference Agent") generally fixes the [WM/Refinitiv Closing Spot Rate (MID) for [Base Currency] 1.00 for [Counter Currency]] [other provisions] (the "FX Fixing")] [[on which] [as well as] no Price Event occurs]. [With respect to each year, the following days shall not qualify as NPV Calculation Days: [New Year’s Day (1st
Sample 1
NPV Calculation Day means any Business Day [except Saturday and Sunday] [on which the trading days on the Exchange are not shortened as planned (e.g. due to holidays in the country in which
Sample 1

Related to NPV Calculation Day

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Computation Day and "Record Date" shall mean 10, 10, 10, and 10.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

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

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

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

  • 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.

  • Termination Day means: (a) each day on which the conditions set forth in Section 2 of Exhibit II to this Agreement are not satisfied or (b) each day that occurs on or after the Facility Termination Date.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.