Examples of Final Strike Level in a sentence
In the case of Garant Performance Cash Collect Securities with Protection Lock-in feature, the Final Strike Level will be equal to: (i) the percentage specified in the respective Final Terms, if the Protection Lock-in Event has not occurred on any Protection Lock-in Date (k), or (ii) the Protection Lock-in (k) related to the last Protection Lock in Date (k) in which the Protection Lock-in Event has occurred.The Protection Lock-in (k) (if applicable) will be specified in the relevant Final Terms.
In the case of Downside Express Garant Securities with Protection Lock-in feature, the Floor Level will be equal to: (i) the percentage specified in the respective Final Terms, if the Protection Lock-in Event has not occurred on any Protection Lock-in Date (k), or (ii) the Protection Lock-in (k) related to the last Protection Lock in Date (k) in which the Protection Lock-in Event has occurred.The Final Strike Level will be specified in the relevant Final Terms.
In the case of Express Garant Securities with Protection Lock-in feature, the Floor Level will be equal to: (i) the percentage specified in the respective Final Terms, if the Protection Lock-in Event has not occurred on any Protection Lock-in Date (k), or (ii) the Protection Lock-in (k) related to the last Protection Lock in Date (k) in which the Protection Lock-in Event has occurred.The Final Strike Level will be specified in the relevant Final Terms.
Bidder shall remit the Bid processing fee (non-refundable) of Rs 5000/- (Five Thousand only) inclusive of all taxes in the stipulated FCI account and upload the scanned copy/ soft copy of RTGS / NEFT/ ELECTRONIC MODE acknowledgment of depositing along with the Technical Bid.
The SDR interest rate is based on the three-month treasury bills of the US, UK, and Japan, and the three-month Eurepo, a representative interest rate in the European money market (IMF, 2011c).
The difference is formed by subtracting the Performance of the Underlying from the Final Strike Level.
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.
The difference is formed by subtracting the Final Strike Level from the Performance of the Underlying.