Final Basket Level definition
Examples of Final Basket Level in a sentence
The Supplemental Redemption Amount, if any, will be based upon the Basket Return, which will be calculated as follows: The "Basket Return" shall equal: Basket Percentage Change x Participation Rate The "Basket Percentage Change" shall equal: (Final Basket Level - Initial Basket Level) Initial Basket Level The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage.
The "Final Basket Level" is the Basket Level on November 16, 2010, or the "valuation date." The Participation Rate is equal to 100.00%.
The Maturity Payment Amount shall be the following: o If the Final Basket Level is greater than or equal to the Initial Basket Level: Final Basket Level $1,000 x ------------------ Initial Basket Level o If the Final Basket Level is less than the Initial Basket Level but equal to or greater than the Threshold Level, $1,000.
The "Final Basket Level" is the Basket Level on January 25, 2011, or the "valuation date." This Note is principal protected.