Cap Level definition

Cap Level means the Cap Level as specified in § 1 of the Product and Underlying Data. "Change in Law" means that due to

Cap Level means 35.00% return on the Deposit Notes; “Closing Date” means on or about August 9, 2021;

Cap Level has the meaning provided in Section 2.2(d). The Cap Level shall be subject to adjustment in connection with Potential Adjustment Events and Merger Events as provided in Article 7.

Examples of Cap Level in a sentence

• If the Settlement Price of the Underlying Reference on the Valuation Date is less than the Cap Level and no Knock-out Event occurs, the Payout will equal the Notional Amount multiplied by the greater of (i) the Bonus Level Percentage and (ii) the Settlement Price on the Valuation Date divided by the Strike Price, all divided by the Exchange Rate.

• If the Settlement Price of the Underlying Reference on the Valuation Date is equal to or greater than the Cap Level and no Knock-out event occurs, the Payout will equal the Notional Amount multiplied by the Cap Level Percentage, all divided by the Exchange Rate.

• If the Final Fixing Levels of all Underlyings trade at or above the Cap Level, redemption will be 100% of Denomination.Additionally, the Coupon(s) will be paid out according to Coupon Payment Date(s).

• Se il Prezzo di Regolamento Finale del sottostante di riferimento alla Data di Valutazione è uguale o superiore al Livello Cap e non avviene alcun evento Knock-out, il payout sarà uguale al Valore Nominale moltiplicato per la percentuale Cap Level.

• This means that the Holder does not participate in a price movement of the Underlying above the Cap Level, with the result that the possible yield on Capped Bonus Certificate has an upper limit.

More Definitions of Cap Level

Cap Level means the Initial Share Price multiplied by 135% (rounded upward or downward to the nearest 1/10,000th or, if there is not a nearest 1/10,000th, to the next lower 1/10,000th), as adjusted in accordance with the provisions of Article 7.

Cap Level means, when the Cap feature applies, the value specified in the relevant Final Terms, expressed as either (i) the product between the Cap Percentage and the Underlying Initial Value, or (ii) a predetermined value.

Cap Level has the meaning (where applicable) specified in the Final Termsheet.

Cap Level is specified in the Final Termsheet (where applicable).

Cap Level means 30.00% return on the Deposit Notes; “Closing Date” means on or about January 10, 2022;

Cap Level. (CLt) means the level of Assessed Revenue for any Relevant Year

Cap Level means 40.00% return on the Deposit Notes; “Closing Date” means on or about February 7, 2022;