Average Underlying Reference Value definition

Average Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for such Underlying Reference for all the SPS Valuation Dates in such SPS Valuation Period;
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Average Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for such Underlying
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Average Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for such Underlying Reference for all the SPS Valuation Dates in such SPS Valuation Period. 2.7 Minimum/Maximum Values Any value specified in the applicable Final Terms and used in the calculation of any SPS Interest Rate and/or Payout or related provision may be subject to a cap of the Maximum Value and/or a floor of the Minimum Value, in each case specified in the applicable Final Terms. 2.8 General Definitions for SPS Interest Rates and Final Payouts
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Examples of Average Underlying Reference Value in a sentence

  • Final Redemption Value means the Average Underlying Reference Value.

  • Vanilla Call Securities Constant Percentage 1 + Gearing * Max(Final Redemption Value – Strike Percentage; Floor Percentage) where: Average Underlying Reference Value means in respect of a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for all the SPS Valuation Dates in such SPS Valuation Period.

  • Average Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for such Underlying Reference for all the SPS Valuation Dates in such SPS Valuation Period.

  • Cap Percentage is 18%.Final Redemption Value means Average Underlying Reference Value.


More Definitions of Average Underlying Reference Value

Average Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Period, the arithmetic average of the Underlying Reference Value for such Underlying Reference for all the SPS Valuation Dates in such SPS Valuation Period“Constant Percentage 1” means 0%.“Final Redemption Value” means Average Underlying Reference Value“Floor Percentage” means 0%“Gearing” means a percentage expected to be approximately 100 per cent. and which will not be less than 80 per cent., as determined by the Issuer after the end of the Offer Period. Notice of the Gearing will be published in the same manner as the publication of these Final Terms and will be available by accessing the following link http://eqdpo.bnpparibas.com/SE0017831324. Such determination will be binding for the purchasers of the Securities "SPS Redemption Valuation Date(s)" means 21 June 2026, 21 July 2026, 21 August 2026, 21September 2026, 21 October 2026, 23 November2026, 21 December 2026, 21 January 2027, 22February 2027, 22 March 2027, 21 April 2027, 21May 2027 and 21 June 2027."SPS Redemption Valuation Period" means theperiod from and including 21 June 2026 to and including 21 June 2027
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Related to Average Underlying Reference Value

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Underlying Reference means as set out in §26(a) above.

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period.