Final Strike Level definition

Final Strike Level means the Final Strike Level as specified in § 1 of the Product and Underlying Data. "First Trade Date" means the First Trade Date as specified in § 1 of the Product and Underlying Data. "Floor Level" means the Floor Level, as specified in § 1 of the Product and Underlying Data.
Final Strike Level means the Final Strike Level as specified in § 1 of the Product and Underlying Data.
Final Strike Level means the Final Strike Level as specified in § 1 of the Product and Underlying Data, subject to the occurrence of a Protection Lock-in Event. If a Protection Lock-in Event has occurred on any Protection Lock-in Date (k), the Final Strike Level will be equal to the Protection Lock-in (k) related to the last Protection Lock-in Date (k) on which a Protection Lock-in Event has occurred.

Examples of Final Strike Level in a sentence

  • Expressed with a formula, that means: Redemption Amount = Nominal Amount X (Floor Level + Participation Factor X (Performance of the Underlying − Final Strike Level)) The Redemption Amount will not be lower than the Minimum Amount.

  • The difference is formed by subtracting the Performance of the Underlying from the Final Strike Level.

  • The difference is formed by subtracting the Final Strike Level from the Performance of the Underlying.

  • Expressed with a formula, that means:Redemption Amount= Nominal Amount X (Floor Level+ Participation Factor X (Final Strike Level− Performance of the Underlying)) or, respectively, Redemption Amount = Calculation Amount X (Floor Level + Participation Factor X (Final Strike Level − Performance of the Underlying)) The Redemption Amount will not be lower than the Minimum Amount.

Related to Final Strike Level

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.