FX Factor definition

FX Factor means, in respect of a Scheduled Valuation Day, an amount calculated by the Determination Agent equal to:
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FX Factor means, if "FX Factor-Long" is specified in the relevant Final Terms, the value obtained by dividing the Final FX Rate by the Initial FX Rate or, if "FX Factor-Short" is specified in the Final Terms, the value obtained by dividing the Initial FX Rate by the Final FX Rate.
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FX Factor means: FX Final / FX Initial
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Examples of FX Factor in a sentence

  • If an FX Factor applies in relation to Notes, investors in such Notes are subject to the risk that a "Price Source Disruption" may occur.

  • Automatic Early Redemption Amounts - Kick Out Notes with Capital at Risk, Phoenix Kick Out Notes with Capital at Risk Automatic early redemption amounts payable on the types of Notes listed above may be subject to an "FX Factor", being a multiplication factor based on any change in the exchange rate between two specified currencies over the life of the Note.

  • Redemption Amounts payable on the Notes following the occurrence of a Credit Event or CDS Event may be subject to an "FX Factor", being a multiplication factor based on any change in the exchange rate between two specified currencies over the life of the Note.

  • Interest amounts and/or redemption amounts (including any early redemption amounts and/or any Credit Event Redemption Amounts or CDS Event Redemption Amounts (as defined in Paragraph 9 (Risks in relation to Credit Linked Notes)) payable in relation to the Notes may be subject to an "FX Factor", being a multiplication factor based on any change in the exchange rate between two specified currencies over the life of the Note.

  • In these circumstances investors will receive lower return than if the FX Factor was 100 per cent or more.

  • Such audits shall be requested within six months of having received the FX Usage Summary or the FX Factor and associated usage from the other Party and may not be requested more than twice per year, once per calendar year, unless the audit finds there has been a 20% or higher net error or variance in calculations, in which case a subsequent audit is required.

  • Investors in Credit Linked Notes which are subject to an FX Factor should be aware of the risks in relation to FX Disruption set out in paragraph 4(e)(xi) (FX Disruption) above.

  • Additionally, such difference may be caused by the effect of the FX Factor in the calculation of the Metal Entitlement per ETC Security, which relates to movements in foreign exchange rates between the Specified Currency and the Metal Currency.

  • They use an exponential volatility func- tion to capture the Samuelson effect, i.e. that the existence of mean-reversion in the spot price causes its volatility to increase towards the forward product’s maturity (Samuelson, 1965).

  • FX-Faktor / FX Factor: Der FX-Faktor entspricht dem Quotienten aus demUS-Dollar/Schwedische Krone („USD/SEK“) Währungswechselkurs an dem auf den Letzten Bewertungsdurchschnittstag unmittelbar folgenden Geschäftstag („FXEnd“), geteilt durch den USD/SEK Währungswechselkurs an dem dem Festlegungstag unmittelbar vorausgehenden Geschäftstag („FXStart“).


More Definitions of FX Factor

FX Factor means, with respect to each Deveron CDS:
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FX Factor means 0.47.
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Related to FX Factor

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Note Factor means, for any Payment Date and each Class of Notes, a six-digit decimal equal to the Note Balance of such Class of Notes as of the end of the related Collection Period divided by the Note Balance of such Class of Notes as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of such Class of Notes.

  • Multiplier means the Multiplier specified in the Table.