Examples of Final Index Level in a sentence
Final Index Level means, in respect of an Index and subject to the Adjustment Provisions, the Index Level of such Index at the Valuation Time on the Valuation Date for such Index, or for the purposes of determining whether an Auto-Call Trigger Event has occurred on any Auto-Call Valuation Date for such Index, the Index Level of such Index at the Valuation Time on the relevant Auto-Call Valuation Date for such Index.
On the Final Valuation Date, the Final Index Level is at or above the Protection Barrier Level.
Example #2 — Underlying Index Slightly Decreases With Payment on the Maturity Date Equal to the Principal Amount In this scenario, on the Final Valuation Date, the Final Index Level is above the Protection Barrier Level.
Final Index Level means subject to the Adjustment Provisions, the Index Level on the Valuation Date, or for the purposes of determining whether an Auto-Call Trigger Event has occurred on any Auto-Call Valuation Date, the Index Level at the Valuation Time on the relevant Auto-Call Valuation Date.
On the Final Valuation Date, the Final Index Level is greater than or equal to the Protection Barrier Level but is below the Autocall Redemption Level.