Examples of Final Observation Date in a sentence
If, due to a Market Disruption Event or otherwise, an Observation Date (other than the Final Observation Date) is postponed so that it falls less than five Banking Business Days prior to the scheduled date for payment of the applicable Call Amount, the date on which the Call Amount for such Observation Date shall be paid, if any, shall be the fifth Banking Business Day following the Observation Date as postponed.
If this Global Note is automatically called on an Observation Date other than the Final Observation Date, the Company shall redeem this Global Note and pay the applicable Call Amount on the fifth Banking Business Day after the applicable Observation Date, subject to postponement as described below.
If this Global Note is called on the Final Observation Date, the Company shall redeem this Global Note and pay the Call Amount on the Maturity Date.
On the Final Observation Date of the Securities, the Issuer then sells the relevant Shares on the stock exchange (dissolution of the Hedging Transaction) in order to pay the Redemption Amount out of the respective proceeds.
With regard to the determination of R (final) (the "Final Reference Price"), one of the following options may be selected in the Final Terms: Option: Final Reference Price Observation In case of Final Reference Price Observation, Final Reference Price means the Reference Price determined on the Final Observation Date ("Final Reference Price Observation").