Basket Return means the return on the Basket over the term of the Notes, expressed as a percentage, calculated in accordance with the following formula: No Variable Return will be paid unless the Final Basket Level is greater than the Initial Basket Level. The Variable Return is subject to a Maximum Return but will not, in any case, be less than zero. The Principal Amount of the Note, together with any Variable Return, will be paid on October 23, 2026 subject to adjustments as set out in “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”. The Basket Level reflects only the applicable price appreciation or depreciation of the Shares and does not reflect the payment of dividends or distributions thereon. Accordingly, a Noteholder will not benefit from any dividends or distributions declared on the Shares.
Basket Return means the return on the Basket over the term of the Notes, expressed as a percentage, calculated in accordance with the following formula:
Basket Return means the return on the Basket between the Lookback Valuation Date and the Final Valuation Date, expressed as a percentage, calculated in accordance with the following formula: No Variable Return will be paid unless the Final Basket Level is greater than the Lookback Basket Level. The Variable Return is subject to a Maximum Return but will not, in any case, be less than zero. The Principal Amount of the Note, together with any Variable Return, will be paid on March 3, 2025 subject to adjustments as set out in “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”. The Basket Level reflects only the applicable price appreciation or depreciation of the Shares and does not reflect the payment of dividends or distributions thereon. Accordingly, a Noteholder will not benefit from any dividends or distributions declared on the Shares. For the purpose of calculating the Lookback Basket Level the Calculation Agent will calculate the Basket Level on any TSX Business Day. Provided that if a TSX Business Day is not an Exchange Business Day for a Share then the Closing Price of that Share on the previous Exchange Business Day will be used to calculate the Lookback Basket Level on any Lookback Valuation Date.
Examples of Basket Return in a sentence
The "Lock-in Basket Return" will be the pre-determined percentage which corresponds to the highest lock in level which is reached or exceeded by the Basket Return on any Valuation Date.
If "Alternative Calculation" is specified in the Final Terms, the applicable performance structure used to determine the Additional Amount will differ depending on whether or not the Basket Return on a particular Valuation Date has exceeded one or more pre-specified Barrier Levels, as set out in the relevant Final Terms.
More Definitions of Basket Return
Basket Return means an amount calculated as tollovs:
Basket Return means an amount caIcuIated as toIIors:
Basket Return means the return of the UBS Target Volatility Strategy on the Prices of the Basket Components, which is calculated in accordance with the following formula:
Basket Return means the sum of the Weighted Share Returns.
Basket Return means, unless otherwise specified in the definition of the relevant Series in the applicable Final Terms, an amount calculated in accordance with the following formula:
Basket Return means an amount caIcuIated as
Basket Return means an amount calculated by the Calculation Agent in accordance with the formula specified as such in the definition of the relevant Series in the applicable Final Terms;