Asset Level definition

Asset Level means the level determined by the Calculation Agent as the Index Level and, where applicable, converted from the Reference Currency to the Settlement Currency using mid-price of the exchange rate between the Reference Currency and the relevant Settlement Currency as of the Valuation Time, as determined by the Calculation Agent using the FX Source; and
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Asset Level means the level determined by the Calculation Agent as the arithmetic mean of the Relevant Digital Asset Prices quoted on the Primary Eligible Market Places expressed in the relevant Settlement Currency. The Relevant Digital Asset Prices used are (a), where applicable, first re-calculated from the Reference Currency to the Settlement Currency using mid-price of the exchange rate between the Reference Currency and the relevant Settlement Currency as of the Valuation Time, as determined by the Calculation Agent using the FX Source, and (b) the sum of the four Relevant Digital Asset Prices (as expressed in the Settlement Currency) is divided by four (or, if the number of Relevant Digital Asset Prices is lower than four, such lower number) and the resultant figure equals the Asset Level;
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Asset Level means the Converted and Averaged Digital Currency Price (being the arithmetic mean of the Digital Currency Prices quoted on the Primary Eligible Market Places and expressed in the relevant Settlement Currency, as determined by the Calculation Agent pursuant to the provisions this Condition 5.1;
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Examples of Asset Level in a sentence

  • The Reference Level is the Single Reference Asset Level, the Average Basket Level or the Worst Performer of Basket.

  • Seller and Buyer shall work in good faith to resolve any disputes relating to the Asset Level Allocation Statement.

  • Any subsequent Reference Asset Level for such Discontinued Reference Index or Replaced Reference Index will be determined by reference to the level of such Successor Reference Index or Replacing Reference Index at the close of trading on the relevant exchange or market for the Successor Reference Index or Replacing Reference Index on the date as of which such Reference Asset Level is to be computed.

  • The Parties agree that they will not, and will not permit any of their respective Affiliates to, take a position (except as required pursuant to any order of a Governmental Body) on any Return or in any audit or examination before any Governmental Body that is in way inconsistent with the final Entity Level Allocation Statement or the Asset Level Allocation Statement (the final Entity Level Allocation Statement and Asset Level Allocation Statement, together, the “Allocation”).

  • The Asset Level Allocation Statement shall be consistent with the Closing Date Allocation, but shall also contain a methodology for allocation of any Earnout Amounts among the Purchased Assets.

  • O & M Manuals can be prepared at Process Level, Area Level or Equipment / Asset Level.

  • Seller and Purchaser shall work in good faith to resolve any disputes relating to the Asset Level Allocation Statement.

  • This has predominately been driven by higher-than- expected investment performance fees and revenue received for Property Asset Level Services (PALS), and higher earnings on QIC’s corporate investments.

  • The Case Asset Level, the Surrender Charge and the plan year for each plan determines the applicable percentage rate for both commissions and trail commissions, as well as any takeover compensation for the plan.

  • For these purposes: “Asset Early” means the Asset Level on the relevant Scheduled Observation Date.


More Definitions of Asset Level

Asset Level means the level determined by the Calculation Agent by determining the price of each component in the relevant Basket of Digital Assets calculated as the <Asset- Level= for a Single Digital Asset above and by applying the relative weight of each component of the relevant Basket of Digital Assets as specified in the relevant Final Terms. Certificates linked to an Index
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Asset Level means, in respect of any Scheduled Trading Day and:
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Asset Level means the [Opening Level] [Closing Level] [Intraday Level] [Observation 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 below: insert table]."Average Level" means the arithmetic average of each [Opening Level] [Closing Level] [Intraday Level] [Observation Level] observed by the Determination 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.]; 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 Determination 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 [orequal to] Barrier (Early)."Barrier Condition Early (Bermudan)" shall be deemed satisfied if the Determination 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 Condition Early (European)" shall be deemed satisfied if the Determination Agent determines that on [the relevant] [each] [Scheduled Observation Date] [Valuation Date] [Calculation Date], Asset Early Performance is greater than [or equal to] Barrier (Early)."Barrier Condition Final" ...
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Asset Level means the [Opening Level] [Closing Level] [Intraday Level] [Observation Level] of the relevant Asset.
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Asset Level means the level determined by the Calculation Agent by determining the price of each component in the relevant Basket of Digital Assets calculated as the “Asset- Level” for a Single Digital Asset above and by applying the relative weight of each component of the relevant Basket of Digital Assets as specified in the relevant Final Terms. Certificates linked to an Index 5.5. In the case of any Series of Certificates linked to an Index pursuant to the applicable Final Terms, the Settlement Amount shall be determined in accordance with the formula and the provisions stipulated in Condition 5.3 above, but with the following modifications:
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Asset Level means the Closing Level of the relevant Asset.
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Related to Asset Level

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Elevated blood lead level (EBL) means an excessive absorption of lead that is a confirmed concentration of lead in whole blood of 20 µg/dl (micrograms of lead per deciliter of whole blood) for a single venous test or of 15-19 µg/dl in two consecutive tests taken three to four months apart.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Kick-Out Level for each relevant year means the average of the closing levels of the FTSE 100 for the 5 Business Days up to and including the relevant Kick-Out Date.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period;

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Base Level means the following amounts plus the percentage

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.