Examples of Adjustment Threshold in a sentence
If an Observation Price is equal to or below the Adjustment Threshold, an extraordinary calculation of the NPVt takes place during the day.
If the price of the Underlying falls below the Adjustment Threshold, an Intraday Adjustment is made with respect to the NPV.
In order to avoid the threat of a negative NPV in such a case, the Factor Warrant has an Adjustment Threshold that is a fixed percentage below the last Reference Price of the Underlying.
Any adjustment not made because the Adjustment Threshold Amount is not satisfied shall be carried forward and made, together with any subsequent adjustments, at such time as (a) the aggregate amount of all such adjustments is equal to at least the Adjustment Threshold Amount or (b) the Warrant is exercised.
In order to avoid the threat of a negative NPV in such a case, the Factor Warrant has an Adjustment Threshold that is a fixed percentage above the last Reference Price of the Underlying.