Call Valuation Date definition

Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

Call Valuation Date means the fifth Business Day preceding each Call Date, subject to postponement in certain circumstances as described in the Prospectus, unless otherwise provided in the applicable Pricing Supplement. If such day is not a Trading Day for all Reference Assets included in the Reference Portfolio, it will be postponed to the next Trading Day which is a Trading Day for all Reference Assets, subject to a postponement of a maximum of five Business Days. If on the fifth Business Day following the date originally scheduled as the Call Valuation Date, such date is not a Trading Day for all Reference Assets, then despite this situation, such fifth Business Day will constitute the Call Valuation Date and the Closing Level of each Reference Asset as of such date (as per the definition of Closing Level) will be used, subject to further postponement in certain circumstances as described in the Prospectus. For greater certainty, it is possible that the Call Valuation Date is postponed for up to five Business Days and that on such fifth Business Day a Market Disruption Event or other circumstance described in the Prospectus brings a further postponement of the Call Valuation Date with respect to one or more Reference Assets affected by the Market Disruption Event or other circumstance for up to an additional five Business Days.

Call Valuation Date means, if the Company issues a call notice on any calendar day, the last Business Day of the week following the week in which the call notice is issued, generally Friday.

Examples of Call Valuation Date in a sentence

Each of the following hypothetical examples illustrates how the Maturity Redemption Payment is calculated using a Call Threshold of 8%, a Fixed Return of 12% on the Call Valuation Date (Year 1), a Fixed Return of 24% on the Call Valuation Date (Year 2), a Fixed Return of 36% on the Final Valuation Date (Year 3), a Variable Return Threshold equal to the applicable Fixed Return, a Participation Factor of 10% and a Barrier of -15%.
The following table is based on the assumption that the Reference Portfolio Return is higher than the Call Threshold and higher than the applicable Fixed Return on the third Call Valuation Date.
The following table is based on the assumption that the Reference Portfolio Return is higher than the Call Threshold but lower than the applicable Fixed Return on the third Call Valuation Date.
Reference Portfolio Return:32.00%Applicable Fixed Return:27.00%Variable Return: MAX[0.00%, (32.00% - 27.00%) x 5.00%]:0.25%Maturity Redemption Payment: US$100.00 x [1 + 27.00% + 0.25%]:US$127.25Annualized compounded return over the 3-year term:8.36% In this example, the Reference Portfolio Return on the third Call Valuation Date is 32.00%, which is higher than the applicable Call Threshold and higher than the applicable Fixed Return.
Reference Portfolio Return:30.00%Applicable Fixed Return:19.50%Variable Return : MAX[0%, (30.00% - 19.50%) x 5.00%]:0.53%Maturity Redemption Payment : $100 x [1 + 19.50% + 0.53%]:$120.03Annualized compounded return over the 3-year term:6.27% In this example, the Reference Portfolio Return on the third Call Valuation Date is 30.00%, which is higher than the applicable Call Threshold and higher than the applicable Fixed Return.

More Definitions of Call Valuation Date

Call Valuation Date means, if the Company issues a call notice on any calendar day, the last Business Day of the week in which the call notice is issued, generally Friday, subject to a minimum five calendar day period commencing on the date of the issuance of the call notice and ending on the related Call Valuation Date.

Call Valuation Date means each date upon which the Closing Price will be observed by the Calculation Agent to determine whether the Notes will be automatically called by the Bank and to calculate the Variable Return (if any), provided that if any such day is not an Exchange Day then that Call Valuation Date will be the immediately preceding Exchange Day, subject to the occurrence of a Market Disruption Event or Extraordinary Event. See “Description of the Notes — Valuation and Payment Dates” for the specific Call Valuation Dates for the Notes.

Call Valuation Date means, in respect of each Warrant of the relevant Series, has the meaning given to it in "Valuation Period" below.

Call Valuation Date means one or more call valuation dates, as set forth in the table under “Return of Your Deposit – Call Information Table”, provided that if such day is not a Trading Day, it will be postponed until the next Trading Day, subject to a Market Disruption Event. In no event, however, will a Call Valuation Date be postponed by more than five Business Days. If a Call Valuation Date is postponed to the last possible day, but a Market Disruption Event occurs or is continuing on that day, that day will nevertheless be the Call Valuation Date. In such an event, the Calculation Agent will make a good faith estimate of the price or return of the Reference Asset.

Call Valuation Date means, the date disclosed as such by the Company in its notice to Holders (which may be provided via press release) of its exercise of the Call Right.

Call Valuation Date means the date disclosed as such by the Company in its notice to holders (which may be provided via press release) of its exercise of the Call Right. In any notice to holders exercising the Call Right, the Company will specify how many days are included in the Call Measurement Period.