Common use of Calculation of proceeds Clause in Contracts

Calculation of proceeds. I. The calculation of proceeds from the Designated Product is based on the method of calculation for proceeds upon maturity as set out in the Transaction Notice for Investment Products. Prior to maturity the Bank does not assume any liability for the minimum guaranteed return as set out in the Transaction Notice for Investment Products or any protection in respect of the Initial Investment Amount.

Calculation of proceeds. I. The calculation of proceeds from the Designated Product is based on the method of calculation for proceeds upon maturity as set out in the Notification of Consummation of Transaction / Confirmation Notice for of Dual Currency Investment ProductsContract. Prior to maturity the Bank does not assume any liability for the minimum guaranteed return as set out in the Transaction Notice for Investment Products such document or any protection in respect of the Initial Investment Amountinitial investment amount.