Capped Performance definition

Capped Performance means lesser of the Performance Cap and the Call Performance
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Capped Performance means lesser of the Performance Cap and the Call Performance “Performance” means, in respect of [the/a] Reference Item and the specified final valuation date[s], the [average] [level/price/rate/value] of such Reference Item on such specified final valuation date[s] DIVIDED BY the [average] [strike price/level/price/rate/value] of such Reference Item [on the initial valuation date[s]], expressed as a percentage “Put Performance” means 100% MINUS Relevant Performance “Relevant Performance” means [the Performance of the Reference Item/the sum of the weighted Performances for each of the Reference Items] “FX Conversion”: [Applicable and “FX” shall be the exchange rate [determined by reference to the relevant cross-rate] on the specified final FX valuation date[s] DIVIDED BY [[⚫]][, being] [the [average] [strike price/rate] of such exchange rate [determined by reference to the relevant cross-rate] [on the initial valuation date[s]], expressed as a percentage] / [Not Applicable, FX = 1] “Call Barrier” = [⚫]% “Put Barrier” = [⚫]% “Performance Cap” = [⚫]% “Performance FloorCall” = [[⚫]%/Zero] “Performance FloorPut” = [[⚫]%/Zero] “PRCall” = [⚫]% “PRPut” = [⚫]%]
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Capped Performance means lesser of the Performance Cap and the Call Performance “FX Option Conversion”: Not Applicable, OFX = 1 “Performance” means, in respect of the Reference Item and the specified final averaging dates, the average level of such Reference Item on such specified final averaging dates DIVIDED BY the initial level of such Reference Item on the initial valuation date, expressed as a percentage “Put Performance” means Put Strike MINUS Relevant Performance “Relevant Performance” means the Performance of the Reference Item “Call Barrier” = 100%
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Examples of Capped Performance in a sentence

  • Each Bearer Note so surrendered must be accompanied by all unmatured Coupons and any Talon appertaining thereto, other than the Coupon in respect of the next payment of interest falling due after the date the relevant Bearer Note has been surrendered for exchange (the “Exchange Date”) where the Exchange Date is after the Record Date for such payment of interest and is on or before the date on which such payment of interest falls due.

  • Capped Performance of any Reference Item is determined as the lower of the Performance Cap (being the percentage specified in the relevant Issue Terms) and the Call Performance of such Reference Item.

  • Capped Performance is determined as the lower of the Performance Cap (being a percentage specified in the relevant Issue Terms) and the Call Performance.

  • Individually Capped Performance is determined as the sum of the weighted Capped Performances of each of the Reference Items.

  • However, where Performance Floor is greater than Individually Capped Performance, this will operate to increase the Individually Capped Call Redemption Amount compared to what it would have been had such floor not been applied.

  • However, where Performance Floor is greater than Capped Performance, this will operate to increase the Put Spread Redemption Amount compared to what it would have been had such floor not been applied.

  • Capped Performance of Portfolio Strategy The monthly performance of the Portfolio strategy is capped between 5 to 6% of the Portfolio Strategy level as on last Business Day of previous month.

  • Where Performance Floor is less than zero, if Capped Performance is negative, the Call Spread Redemption Amount will be less than the Relevant Principal Amount and investors may receive on redemption less than the amount they originally invested.

  • Conversely, if the value of a Reference Item decreases compared to the value of such Reference Item in respect of the specified initial valuation date(s), Call Performance for such Reference Item will be negative and (subject to the Performance Floor) the value of Individually Capped Performance will decrease.

  • Where Performance Floor is less than zero, if Capped Performance is negative, the Call Spread Redemption Amount will be less than the Calculation Amount and investors may receive on redemption less than the amount they originally invested.


More Definitions of Capped Performance

Capped Performance means lesser of the Performance Cap and Call Performance;”; and (iii) Redemption Payout Condition 25.3 (Definitions) shall be amended by the insertion of the following definitions in alphabetical order therein:
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Related to Capped Performance

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;