Basket Constituent Weight definition

Basket Constituent Weight means, in relation to each Basket Constituent, the number specified as "Basket Constituent Weight" under the heading "Underlying" in the Product Terms, or, if not so specified, the quotient of:
Basket Constituent Weight means the number specified as "Basket Constituent Weight" under "Underlying" in the Specific Terms of the Securities. Otherwise, this number is calculated as the quotient of (i) (as a numerator) and (ii) (as a denominator):
Basket Constituent Weight means, when the Underlying of the Certificates is a Basket, the percentage specified in the applicable Final Terms in relation to each Basket Constituent.

Examples of Basket Constituent Weight in a sentence

  • As a formula:nReference Level t  Pi, t × BCWi, tiwhere:n = number of Basket Constituents in the BasketP i, t = the official close price of Basket Constituent i on day t, converted into USD at the relevant Exchange RateBCW i, t = Basket Constituent Weight i on day t Exchange Rate WM CO 4pm Exchange Rate (agency basis)Basket Constituent WeightIn relation to each Basket Constituent, the number of shares for such Basket Constituent.

  • The Market Participant registering Resources and load not directly participating in the WEIS Market will be financially responsible for any Imbalance Energy associated with those Resources and load.

  • The initial Basket Constituent Weights are specified in the description of the Initial Basket Constituents as specified in the column “Basket Constituent Weight”.Initial Reference Level (IRL)USD 98IRL will be used in Basket Constituent Weight (Initial Number of Shares Calculation).


More Definitions of Basket Constituent Weight

Basket Constituent Weight means, in respect of each Basket Constituent, the percentage specified in the applicable Final Terms;
Basket Constituent Weight means in relation to each Basket Constituent and subject to adjustment in accordance with Product Condition 4, a number equal to the quotient of:
Basket Constituent Weight means in relation to a Basket Constituent and subject to adjustment in accordance with the provisions as set out below under “Adjustments”, a number equal to the quotient of:

Related to Basket Constituent Weight

  • Constituent Documents means, with respect to any Person, (a) the articles of incorporation, certificate of incorporation, constitution or certificate of formation (or the equivalent organizational documents) of such Person, (b) the by-laws or operating agreement (or the equivalent governing documents) of such Person and (c) any document setting forth the manner of election or duties of the directors or managing members of such Person (if any) and the designation, amount or relative rights, limitations and preferences of any class or series of such Person’s Stock.