Early Redemption Level (k) definition

Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial).

Early Redemption Level (k) means, with respect to an Early Redemption Observation Date (k), the Early Redemption Level (k) as specified in § 1 of the Product and Underlying Data.

Early Redemption Level (k) means the "Early Redemption Level (k)" as specified in § 1 of the Product and Underlying Data.

Examples of Early Redemption Level (k) in a sentence

• Expressed with a formula, that means: Early Redemption Level (k) = Early Redemption Factor (k) x Initial Reference Price.

• With regard to the Early Redemption Event, one of the following alternatives may be selected in the Final Terms: • For Securities with Reference Price observation, an Early Redemption Event means that the Reference Price on the respective Observation Date (k) is equal to or greater than the Early Redemption Level (k).

• In that case, the Early Redemption Level (k) will be calculated by multiplying the Early Redemption Factor (k) by the Initial Reference Price.

• With regard to the Early Redemption Level (k), one of the following alternatives may be selected in the Final Terms: • The Early Redemption Level (k) can be specified in the Final Terms.

• Redemption of the SecuritiesAutomatic Early RedemptionThe Securities allow for automatic early redemption at the respective Early Redemption Amount (k) on the respective Early Payment Date (k), if an Early Redemption Event has occurred.The Early Redemption Event occurs if R (k) on the respective Observation Date (k) is equal to or greater than the respective Early Redemption Level (k).

More Definitions of Early Redemption Level (k)

Early Redemption Level (k) means the Early Redemption Factor (k) multiplied by R (initial).

Early Redemption Level (k) means Early Redemption Factor (k) multiplied by R (Initial). "R (initial)" means the Reference Price on the Initial Observation Date.

Early Redemption Level (k) means with respect to an Early Payment Date (k), an amount expressed in the currency of the Underlying which is specified as the respective Early Redemption Factor (k) times R (initial).

Early Redemption Level (k) means, with respect to an Early Payment Date (k), the Early Redemption Factor (k) x R (initial).

Early Redemption Level (k) means Early Redemption Factor (k) x R (initial).]][Product Type 5: In the case of Express Plus Securities, the following applies:Express Plus Securities are Securities where redemption as at the Maturity Date depends onthe Reference Price. In addition, Express Plus Securities allow for automatic early redemption at the Early Redemption Amount under certain circumstances (as described below). [In the case of Express Plus Securities with Additional Amount, the following applies: In addition, Express Plus Securities allow for the payment of an Additional Amount.][In the case of Quanto Express Plus Securities, the following applies:The Express Plus Securities are issued as Quanto Securities. Quanto Securities are Securities where the Underlying Currency is not the same as the Specified Currency and where a currency hedging element is provided. In the case of Quanto Securities, one unit of the Underlying Currency is equal to one unit of the Specified Currency. [In the case of Quanto Express Plus Securities with physical delivery, the following applies: To offset any exchange rate losses or gains during the term of the Securities, the quantity of the Underlyings to be delivered and/or the Supplemental Cash Amount is increased or reduced before delivery according to the exchange rate development.]]If an Early Redemption Event [In the case of Express Plus Securities with consideration of a Barrier Event, the following applies:, but no Barrier Event] has occurred, the Securities are automatically redeemed on the immediately following Early Maturity Date (k) by payment of the respective Early Redemption Amount. [In the case of Express Plus Securities with consideration of a Barrier Event, the following applies: If a Barrier Event has occurred, the option of early redemption lapses and the Securities are redeemed on the Maturity Date without taking an Early Redemption Event into account.][In the case of Express Plus Securities with cash settlement, the following applies:Otherwise, redemption is made on the Maturity Date by payment of the redemption amount (the "Redemption Amount"), which is calculated or specified as follows:- If no Barrier Event has occurred, the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred, the Redemption Amount is specified according to the following formula:Redemption Amount = Nominal Amount x R (final) / R (initial) (R (final) and R (initial) as defined in C.19)However, the Redemption Amount will in this ...

Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial). "Exercise Date" means the Final Observation Date.

Early Redemption Level (k) means the ["Early Redemption Level (k)" as specified in