Examples of Barrier in a sentence
Base Settlement Amount Not applicable Barrier Event A Barrier event shall occur if during the Observation Period and the usual times at which the Underlying is calculated and published by the Reference Agent, the Observation Price touches or is lower than the Current Stop-Loss Barrier, in which case the Securities are exercised automatically.
Notice shall be given of the occurrence of the Barrier Event in accordance with section 12 of the General Conditions.
The Term of the Securities shall end upon the occurrence of a Barrier Event.
The occurrence of a Barrier Event shall take precedence over exercise by the Security Holder or termination by the Issuer.
The Stop-Loss Barrier shall be adjusted by the Calculation Agent with effect as of each Stop-Loss Barrier Adjustment Date.