Examples of Final Closing Price in a sentence
In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable per Certificate (of the Calculation Amount) on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price of the Final Worst Performing Asset, divided by (b) the Initial Closing Price of the Final Worst Performing Asset, i.e., zero.
On the Final Valuation Date, the Final Closing Price is at or above the Protection Barrier Price.
Example 6 – negative scenario: The Certificates have not been exercised on an Applicable Date, the Final Closing Price of one Underlying Asset is zero per cent.
In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable per Certificate on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price of the Final Worst Performing Asset, divided by (b) the Initial Closing Price of the Final Worst Performing Asset, i.e., zero.
In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable in respect of each Certificate on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price, divided by (b) the Initial Closing Price, i.e., zero.