Examples of Index Performance in a sentence
If the Company elects to redeem the Securities on the Call Settlement Date, the Holder will receive a cash payment equal to the principal amount of the Holder’s Securities times the Index Performance Ratio on the corresponding Valuation Date minus the Fee Amount on the corresponding Valuation Date.
The Calculation Agent will make all determinations relating to this Security, including the Index Performance Factor, the Index Closing Level on any Index Business Day on which such Index Closing Level is to be determined during the term of this Security, the Indicative Note Value, the Deposit Amount, the Short Index Amount, the Daily Interest, the Daily Investor Fee, the Redemption Fee Amount, the Cash Settlement Amount, if any, the Redemption Amount, if any, and the Call Settlement Amount, if any.
The Index Performance is a percentage representing any appreciation or depreciation in the relevant Index or the worst performing of the Indices comprised in a basket of Indices in comparison to the initial level of the relevant Index or the worst performing Index comprised in a basket of Indices.
In relation to a basket of Indices, the Calculation Agent will take the Index Performance of the worst performing Index (the "Worst Performing Index Performance") in the relevant basket in order to make the necessary calculations.
The Index Performance or Worst Performing Index Performance on an Auto-Call Valuation Date is a percentage representing any appreciation or depreciation in the relevant Index or worst performing Index on an Auto-Call Valuation Date in comparison to the initial level of the relevant Index or the worst performing Index comprised in a basket of Indices.