Basket Underlier definition

Basket Underlier means each of the EURO STOXX 50® Index; the TOPIX® Index; the FTSE® 100 Index; the Swiss Market Index (SMI®); and the S&P/ASX 200 Index.
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Basket Underlier means each of the EURO STOXX 50® Index; the TOPIX® Index; the FTSE® 100 Index; the Swiss Market Index (SMI®); and the S&P/ASX 200 Index. The “Initial Weighted Value” of each Basket Underlier shall equal the Weight of such Basket Underlier times the Initial Basket Level of 100, as follows: the EURO STOXX 50® Index (36.00); the TOPIX® Index (27.00); the FTSE® 100 Index (19.00); the Swiss Market Index (SMI®) (10.00); and the S&P/ASX 200 Index (8.00). The “Trade Date” shall mean December 30, 2019. The “Initial Basket Level” is 100. The “Final Basket Level” will be the sum of the products, calculated for each Basket Underlier, of: (i) the Final Basket Underlier Level for that Basket Underlier divided by the Initial Basket Underlier Level for that Basket Underlier times (ii) the Initial Weighted Value of that Basket Underlier. The “Initial Basket Underlier Level” with respect to each Basket Underlier is the Closing Level of that Basket Underlier on the Trade Date. The Initial Basket Underlier Levels of the Basket Underliers are as follows: the EURO STOXX 50® Index (3,748.47); the TOPIX® Index (1,721.36); the FTSE® 100 Index (7,587.05); the Swiss Market Index (SMI®) (10,616.94); andthe S&P/ASX 200 Index (6,804.855). The “Final Basket Underlier Level” with respect to each Basket Underlier will be the Closing Level of that Basket Underlier on the Determination Date. The “Closing Level” of a Basket Underlier on any Trading Day means the official closing level of that Basket Underlier reported by the sponsor or publisher of a Basket Underlier (the “Basket Underlier Sponsor”) on such Trading Day, as obtained by the Calculation Agent on such Trading Day from the licensed third-party market data vendor contracted by the Calculation Agent at such time; in particular, taking into account the decimal precision and/or rounding convention employed by such licensed third-party market data vendor on such date, subject to the provisions set forth below under “Discontinuance of a Basket Underlier”, “Adjustments to a Basket Underlier” and “Market Disruption Events.” The “Basket Return” will be the quotient of (i) the Final Basket Level minus the Initial Basket Level divided by (ii) the Initial Basket Level, expressed as a percentage. The “Cap Level” is 106.85, which is equal to 106.85% of the Initial Basket Level. The “Maximum Settlement Amount” is 127.40% of the Face Amount of this Security. The “Upside Participation Rate” is 4.0.
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Examples of Basket Underlier in a sentence

  • With the FE model, almost all specifications of accelerometers can be calculated, such as sensitivity, main axis and transverse resonance frequencies, transverse sensitivity, temperature transient et al.

  • The initial index level of each Basket Underlier will be set forth in the table above in the final pricing supplement.

  • Final Index Level: The Official Closing Level of each Basket Underlier on the Determination Date.

  • The initial weight of each Basket Underlier is shown in the table below: Basket UnderlierInitial Weight in BasketInitial Index LevelEURO STOXX 50® Index36.00% TOPIX® Index26.00% FTSE® 100 Index17.00% Swiss Market Index12.00% S&P/ASX 200 Index9.00% The initial index level of each Basket Underlier will be set on the Trade Date, and may be higher or lower than its Official Closing Level on the Trade Date.

Related to Basket Underlier

  • Basket has the meaning set forth in Section 8.04(a).

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • FX Market Disruption Event means each of the following events:

  • Event Market Price means, with respect to any Stock Combination Event Date, the quotient determined by dividing (x) the sum of the VWAP of the Common Stock for each of the five (5) Trading Days with the lowest VWAP of the Common Stock during the fifteen (15) consecutive Trading Day period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event Date, divided by (y) five (5).

  • Trading Disruption means any suspension of or limitation imposed on trading by the Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Share on the Exchange or (ii) in futures or options contracts relating to the Share on any Related Exchange.

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Trading and Settlement Code or “TSC” means the Single Electricity Market Trading and Settlement Code or any replacement thereof which sets out the rules for trading in electricity and settling energy imbalances and the responsibilities of parties to the code;

  • 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.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Credit Event Net Loss means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of:

  • VWAP Price means, on any Exchange Business Day, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page “ECPG <equity> AQR” (or any successor thereto) in respect of the period from 9:30 a.m. to 4:00 p.m. (New York City time) on such Exchange Business Day (or if such volume-weighted average price is unavailable, the market value of one Share on such Exchange Business Day, as determined by the Calculation Agent using a volume-weighted method).

  • Daily VWAP shall be determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours.

  • Card Transactions means the value of goods and services purchased by means of the Card, and evidenced by sales receipt, or cash withdrawals effected with his Card, or at any point of sale.

  • Revaluation Event means an event that results in adjustment of the Carrying Value of each Partnership property pursuant to Section 5.5(d).

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • exempt market dealer means a person or company registered in the category of exempt market dealer;

  • Basket Amount has the meaning set forth in Section 10.5(b).

  • Adjusted Daily Simple SOFR means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) 0.10%; provided that if the Adjusted Daily Simple SOFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Available Basket Amount means, at any date of determination, an amount (which shall not be less than $0) determined on a cumulative basis equal to the difference between: (a) the sum (without duplication) of: (i) $35,000,000, plus (ii) Cumulative Consolidated Net Income (which shall not be less than zero), plus (iii) the aggregate amount of dividends and distributions received by Borrower or its Restricted Subsidiaries in the form of Cash or Cash Equivalents on or prior to such date from Investments acquired or made utilizing the Available Basket Amount, plus (iv) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary after the Second Amendment Effective Date, the fair market value of the Investment in such Unrestricted Subsidiary at the time of the redesignation of such Unrestricted Subsidiary as a Restricted Subsidiary (which shall not exceed the original amount of such Investment), plus (v) the Net Cash Proceeds received from any issuance or sale of its Equity Interests occurring after the Closing Date (other than issuances of Disqualified Stock and issuances or sales pursuant to an employee stock ownership plan or other employee benefit plan and excluding Net Cash Proceeds of any issuance or sale of Equity Interests for a specifically identified purpose that were expended for such specifically identified purpose without a corresponding reduction of the Available Basket Amount), plus (vi) the after-tax amount (after taking into account any available tax credit or deductions and any tax sharing arrangements) of all Distributions received in Cash by the Loan Parties after the Closing Date that are attributable to their Equity Interests in any Joint Venture or any Subsidiary that is not a Subsidiary Guarantor, plus (vii) all Net Cash Sales Proceeds received from Dispositions permitted by this Agreement, minus (b) the aggregate amount of all Investments, Capital Expenditures, Distributions and payments in respect of Subordinated Obligations, in each case to the extent made after the Closing Date with amounts available under the Available Basket Amount.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Daily SOFR means the rate per annum equal to SOFR determined for any day pursuant to the definition thereof plus the SOFR Adjustment. Any change in Daily SOFR shall be effective from and including the date of such change without further notice. If the rate as so determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Extraordinary Dividend means any cash dividend or distribution (or portion thereof) that the Calculation Agent determines, in its sole discretion, is extraordinary or special; and