Initial Reference Price definition

Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

Initial Reference Price means as specified in the above table at item 15 (A) (i);

Initial Reference Price means the Redemption Reference Price in respect of the Strike Date

Examples of Initial Reference Price in a sentence

• Where:A Barrier Event shall be deemed to occur if the Final Reference Price of at least one Underlying is below the Barrier.The Performance of an Underlying is the difference between its Final Reference Price and its Initial Reference Price, divided by its Initial Reference Price, expressed in absolute value.The Worst-Performing Underlying is the Underlying that shows the lowest Final Reference Price when divided by its Initial Reference Price.

• Automatic Early Redemption: If, on any Autocall Valuation Date, the closing price of the Underlying is greater than or equal to 100% of the Initial Reference Price, the product will be redeemed on the corresponding Early Redemption Date.

• Option: Initial Reference Price Observation In case of Initial Reference Price Observation, Initial Reference Price means the Reference Price determined on the Initial Observation Date ("Initial Reference Price Observation").

• These options are described in section "A.1.b) Initial Reference Price".

• Option: Initial Average Observation In case of Initial Average Observation, Initial Reference Price means the equally weighted average (arithmetic mean) of the Reference Prices determined on the Initial Observation Dates ("Initial Average Observation").

More Definitions of Initial Reference Price

Initial Reference Price means, in relation to each Share, an amount equal to the price of the Share quoted on the Exchange at the Valuation Time on the Pricing Date as determined by the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such price can be determined and no Market Disruption Event has occurred and is continuing) a price determined by the Calculation Agent as its good faith estimate of the price of the Share on such date having regard to the then prevailing market conditions, the last reported trading price of the Share on the Exchange and such other factors as the Calculation Agent determines relevant, subject to adjustment in accordance with Product Condition 4;

Initial Reference Price means, unless the relevant Final Terms provides otherwise, the Reference Price on the Initial Reference Date.

Initial Reference Price means the official closing price of the Underlying Index on the Strike Date;

Initial Reference Price of the Underlying means

Initial Reference Price means the arithmetic average of the closing price of the relevant Basket Component on the relevant Exchange on the respective Averaging In Dates;

Initial Reference Price means the official closing level on the Strike Date

Initial Reference Price means, for any Shares, (i) initially, the Reference Price for such Shares on the Advance Date, and (ii) thereafter, the then-current Initial Reference Price for such Shares less a per Share amount of any cash in USD included in any Extraordinary Distribution for such Shares, net of any applicable withholding taxes, effective as of ex-dividend date for such Extraordinary Distribution, as determined by the Calculation Agent, unless such amount is not paid by the relevant Issuer, in which case the Initial Reference Price shall be increased to the amount that would then be in effect if such Extraordinary Distribution had not been declared; provided that in no event shall the Initial Reference Price be less than 60% of the Reference Price for such Shares on the Advance Date.