Common use of Measurement Dates Clause in Contracts

Measurement Dates. For purposes of this Agreement, “Measurement Date” means each of the 25 consecutive Scheduled Trading Days (as defined in the 2002 ISDA Equity Derivatives Definitions, as published by the International Swaps and Derivatives Association, Inc. (the “2002 Definitions”)) from, and including, July 28, 2014; provided, however, that if any such Scheduled Trading Day is a Disrupted Day in whole, such date shall not constitute a Measurement Date, and an additional Measurement Date shall occur on the Scheduled Trading Day after the date that would otherwise be the final Measurement Date. For purposes of this Agreement (1) “Disrupted Day” shall have the meaning ascribed to such term in the 2002 Definitions and (2) “Market Disruption Event”, as such term is used in the definition of Disrupted Day, shall have the meaning ascribed to such term in the 2002 Definitions, provided that (x) clause (ii) of such definition shall be replaced in its entirety with “(ii) an Exchange Disruption, or” and (y) the phrase “; in each case that the Calculation Agent determines is material” shall be inserted immediately following clause (iii) of such definition. The “Measurement Period” means the period from, and including, the first Measurement Date to, and including, the final Measurement Date.