Asset Initial definition
Asset Initial means [the] [Max] [Min] [Asset Level on the Initial Valuation Date] [Average Level] [Observation Level] [,] [Barrier].
Asset Initial means the Asset Level on the Initial Valuation Date.
Asset Initial means the Asset Level on the Initial Valuation Date. “Asset Level” means the Closing Level of the relevant Asset.“Average Level” means the arithmetic average of each Closing Level observed by the Calculation Agent on each Averaging Date.
More Definitions of Asset Initial
Asset Initial means [the] [Max] [Min] [Asset Level on the Initial Valuation Date] [Average Level] [Observation Level] [,] [Barrier]. "Asset Level" means the [Opening Level] [Closing Level] [Intraday Level] [Observation Level] of the relevant Asset. "Asset Lookback" [means the] [Asset Level on the relevant [Scheduled Observation Date] [Valuation Date] [Calculation Date]] [Average Level] [is as specified in the table [above/below]: insert table]. "Average Level" means the arithmetic average of each [Opening Level] [Closing Level] [Intraday Level] [Observation Level] observed by the Calculation Agent on each Averaging Date. "Averaging Date" means each of []. "Barrier" means [[] per cent.] [n * [] per cent.] [Asset Initial * [] per cent.] [Asset Initial * n * [] per cent.] [Asset Early * [] per cent.] [Asset Early * n* [] per cent.] [Asset Lookback * [] per cent.] [Asset Lookback * n * [] per cent.]. "Barrier (Early)" means: (a) where Barrier Condition Early (European) is applicable: [[] per cent.] [n * [] per cent.][means the percentage ascribed to the relevant [Scheduled Observation Date][Valuation Date][Calculation Date], as specified in the table [above/below]]; or (b) where Barrier Condition Early (Bermudan) is applicable: [[] per cent.] [n * [] per cent.]; or (c) where Barrier Condition Early (American) is applicable: [Asset Initial * [] per cent.] / [Asset Initial * [] per cent. * n]. "Barrier (Final)" means: (a) where Barrier Condition Final (European) is applicable, [] per cent.; or (b) where Barrier Condition Final (American) is applicable, Asset Initial * [] per cent. "Barrier Condition" shall mean [Barrier Condition Early] [Barrier Condition Final]. "Barrier Condition Early" shall mean [Barrier Condition Early (European)] [Barrier Condition Early (Bermudan)] [Barrier Condition Early (American)]. "Barrier Condition Early (American)" shall be deemed satisfied if the Calculation Agent determines that on [each] [any] [Scheduled Observation Date] [Valuation Date] [Calculation Date] [related to the relevant Barrier Early Calculation Date] the Asset Level of [each] [any] [the] [Basket] Asset is at [all] [the] [any] time[s] greater than [or equal to] Barrier (Early). "Barrier Condition Early (Bermudan)" shall be deemed satisfied if the Calculation Agent determines that on any [Scheduled Observation Date] [Valuation Date] [Calculation Date] [during the Observation Period], Asset Early Performance is greater than [or equal to] Barrier (Early). "Barrier Co...