Basket Level definition

Basket Level means, in respect of an Exchange Business Day, the level of the Basket, calculated as one plus the sum of the Weighted Share Returns for each Share on such Exchange Business Day, multiplied by 100.
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Basket Level means either:
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Basket Level means, in respect of a Calculation Day t, where such Calculation Day t is:
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Examples of Basket Level in a sentence

  • After prepro- cessing, the resulting dataset contains 17 variables, including the weather conditions of departure airports (temperature, humidity, visibility, rain, etc.), flight carrier, flight time (month, quarter, year, day of week and hour) and two variables indicating flight delays, DelayMinute (continuous) and Delay>15min (binary).① Hotel Booking (HOTEL).

  • Where: DB(t) means, the Dynamic Basket Level (t) in respect of Valuation Date (t).DB(t-1) means, in respect of a Valuation Date (t) (the Relevant Valuation Date), the Dynamic Basket Level (t) in respect of the Valuation Date (t) immediately preceding such Relevant Valuation Date.

  • For purposes of calculating the Final Basket Level in the event of a Disruption Event relating to one or more Component Commodities in accordance with the above, “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Component Commodity.The “Calculation Agent” means Lehman Brothers Commodity Services Inc, the determinations and calculations of which will be binding absent manifest error.

  • The levels used in the examples are not estimates or forecasts of the Basket Level on the relevant dates.

  • Pursuant to the Formula the NAV on the second Business day after the Final Observation Date is expected to be the same percentage in relation to the Initial NAV which the Final Equity Basket Level is in relation to the Initial Level, i.e. if the Final Equity Basket Level is 65%from its Initial Level, the NAV on the second Business day after the Final Observation Date is expected to be 65% of the Initial NAV.

  • The Basket Level equals the sum of the products of the closing level and the Index Ratio for each Basket Index, as determined by the Calculation Agent.

  • Each Basket Index represents a percentage of the Initial Basket Level on the pricing date.

  • Depending on the Equity Basket Level, the Fund has six Early Maturity Dates, each associated with an Annual Observation Date, and a Final Maturity Date associated with a Final Observation Date.

  • The Subfund may have a term of about two, three, four, five, six, seven or eight years (plus 15 Business days respectively) depending on the Equity Basket Level on any Observation Date, and there is a risk of capital loss if the term stretches to eight years or will be redeemed before its liquidation.

  • Formula The Subfund’s payout is based on the Equity Basket Level between the Initial Observation Date and the Annual Observation Dates or the Final Observation Date.


More Definitions of Basket Level

Basket Level when used with respect to any Payment Determination Date, shall equal the sum of (a) the products of the Closing Prices and the applicable Multipliers for each Basket Security for which a Delaying Event does not occur on the related Calculation Day, (b) if a Delaying Event occurs for a Basket Security on the related Calculation Day, the product of the Closing Price for such Basket Security on the next Business Day on which a Market Disruption Event does not occur for such Basket Security and the Multiplier for such Basket Security and (c) any cash included in the Basket on such Calculation Day.
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Basket Level means, in respect of a Valuation Date and any relevant Scheduled Trading Day, the average of the Valuation Levels of the Shares on such day.
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Basket Level means, in respect of an Exchange Business Day, the level of the Basket, calculated as one plus the sum of the
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Basket Level means an amount calculated by the Issuer in accordance with the following formula:".
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Related to Basket Level

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

  • 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.

  • 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.

  • 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.

  • 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%.

  • 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.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • 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.

  • 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.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

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

  • Share Level means the level of the Share as determined by the Determination Agent by reference to the level of the Share published by the Exchange.

  • Base Level means the following amounts plus the percentage

  • Elevated blood lead level means a level of lead in blood that is any of the following:

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

  • Partner Level means the program levels as described in detail in the applicable PartnerEdge Program Guide.

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • 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.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Action level means a rate of emissions of a hazardous air contaminant as specified in Appendix C or as may be determined under Section 5-261(3) of these regulations. Action Levels are used to determine the applicability of Section 5-261 to stationary sources and shall be derived in accordance with the method prescribed in Appendix E of these regulations.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.