Basket Component definition

Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.
Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 ETF, iShares MSCI EAFE ETF and iShares MSCI Emerging Markets ETF.
Basket Component means, in respect of a Basket, any Index comprised in such Basket. "Business Day" means:

Examples of Basket Component in a sentence

  • If a Basket Component declares or makes a distribution to all holders of the shares (or other applicable security) of such Basket Component of any non-cash assets, excluding dividends or distributions described under the section entitled “—Stock Dividends” above, then the Calculation Agent may, in its sole discretion, make such adjustment (if any) to the Adjustment Factor as it deems appropriate in the circumstances.

  • If a stock split or reverse stock split has occurred, then once such split has become effective, the Adjustment Factor will be adjusted to equal the product of the prior Adjustment Factor and the number of securities which a holder of one share (or other applicable security) of such Basket Component before the effective date of such stock split or reverse stock split would have owned or been entitled to receive immediately following the applicable effective date.

  • A distribution on the securities of such Basket Component described below under the sections entitled “—Other Distributions” and “—Reorganization Events” below that also constitute an Extraordinary Dividend will only cause an adjustment pursuant to those sections.

  • Anti-dilution Adjustments Relating To A Basket Component; Alternate Calculation Anti-dilution Adjustments The Calculation Agent, in its sole discretion, may adjust the Adjustment Factor as a result of certain events related to a Basket Component or any Successor Fund, as applicable, which occur during the term of this Security.

  • If a stock split or reverse stock split has occurred, then once such split has become effective, the Adjustment Factor will be adjusted to equal the product of the prior Adjustment Factor and the number of securities which a holder of one share (or other applicable security) of the Basket Component before the effective date of such stock split or reverse stock split would have owned or been entitled to receive immediately following the applicable effective date.


More Definitions of Basket Component

Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund and SPDR S&P MidCap 400 ETF Trust.
Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund and iShares MSCI Emerging Markets Index Fund. The “Pricing Date” shall mean July 31, 2012. The “Starting Price” is 100. The “Ending Price” will be calculated based on the weighted returns of the Basket Components and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 45% of the Component Return of the SPDR S&P 500 ETF Trust; (B) 20% of the Component Return of the iShares Russell 2000 Index Fund; (C) 20% of the Component Return of the iShares MSCI EAFE Index Fund; and (D) 15% of the Component Return of the iShares MSCI Emerging Markets Index Fund. The “Component Return” of a Basket Component will be equal to: Final Component Price – Initial Component Price Initial Component Price where, • the “Initial Component Price” is the Fund Closing Price of such Basket Component on the Pricing Date; and • the “Final Component Price” will be the Fund Closing Price of such Basket Component on the Calculation Day. The Initial Component Prices of the Basket Components are as follows: SPDR S&P 500 ETF Trust ($137.71); iShares Russell 2000 Index Fund ($78.35); iShares MSCI EAFE Index Fund ($50.00); and iShares MSCI Emerging Markets Index Fund ($39.12). The “Fund Closing Price,” with respect to a Basket Component on any Trading Day, means the product of (i) the Closing Price of one share of such Basket Component (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor applicable to such Basket Component on such Trading Day. The “Closing Price” with respect to a share of a Basket Component (or one unit of any other security for which a Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. The “Adjustment Factor” means, with respect to a share of a Basket Component (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of such Basket Component. See “Anti-dilution Adjustments Relating To A Baske...
Basket Component means, subject to an adjustment, each basket component as specified in
Basket Component means the instruments specified as such in the Index Rules. For the avoidance of doubt, a Basket Component is any Index Component other than Market Data and an Underlying SGI Index.
Basket Component means, for any PLUS linked to a basket, each basket index or basket ETF that is included in the basket.
Basket Component means each of the Australian Dollar; the Norwegian Krone; and the Canadian Dollar. The “Pricing Date” shall mean February 29, 2012. The “Starting Level” is 100. The “Average Ending Level” will be calculated based on the weighted returns of the Basket Components, each relative to the U.S. Dollar, and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 33.4% of the Average Component Return of the Australian Dollar; (B) 33.3% of the Average Component Return of the Norwegian Krone; and (C) 33.3% of the Average Component Return of the Canadian Dollar. The “Minimum Return” is 2% of the Face Amount. The “Average Component Return” of a Basket Component will be equal to: Average Component Level – Initial Component Level Initial Component Level where, • the “Initial Component Level” is the Exchange Rate of such Basket Component on the Pricing Date; and • the “Average Component Level” will be the arithmetic average of the Exchange Rate of such Basket Component on the Calculation Days. The Initial Component Levels of the Basket Components are as follows: Australian Dollar (1.08045); Norwegian Krone (1.7993); and Canadian Dollar (1.01528). The “Participation Rate” is 100%. The “Exchange Rate” for each Basket Component on any Currency Trading Day, for purposes of determining the Average Component Return, will be determined as follows: • Australian Dollar – the rate for conversion of Australian Dollars into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Australian Dollar) equal to the WM/Reuters Closing Spot Rate (Mid) as calculated at approximately 4:00 p.m. London time and published at approximately 4:15 p.m. London time as referenced by Bloomberg page WMCO1 “AUD” below “MID,” or any successor or replacement service or page, on such Currency Trading Day. • Norwegian Krone – the rate for conversion of Norwegian Kroner into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Norwegian Krone) equal to one divided by the WM/Reuters Closing Spot Rate (Mid) as calculated at approximately 4:00 p.m. London time and published at approximately 4:15 p.m. London time as referenced by Bloomberg page WMCO1 “NOK” below “MID,” or any successor or replacement service or page, rounded to five decimal places, with .000005 rounded upwards to .00001, on such Currency Trading Day. • Canadian Dollar – the rate for conversion of Canadian Dollars into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Canadian Dollar) equal t...
Basket Component means, unless otherwise specified in the applicable Final Terms, (i) the meaning given to it in the Applicable Schedule or (ii) if there is no Applicable Schedule or if no meaning is given to it, each of the Reference Underlyings comprising the basket (the "Basket").