Initial Basket Level definition

Initial Basket Level means $1,000.
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Initial Basket Level shall equal 1000.
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Initial Basket Level means 100.
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Examples of Initial Basket Level in a sentence

  • Each Basket Index represents a percentage of the Initial Basket Level on the pricing date.

  • Risk Barrier structures Risk barrier structures deliver a positive or negative return depending on the performance of the Basket as compared to both: (i) the Initial Basket Level on the final Valuation Date and (ii) a pre-determined barrier level on certain other days during the lifetime of the Notes.

  • The Supplemental Redemption Amount, if any, will be based upon the Basket Return, which will be calculated as follows: The "Basket Return" shall equal: Basket Percentage Change x Participation Rate The "Basket Percentage Change" shall equal: (Final Basket Level - Initial Basket Level) Initial Basket Level The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage.

  • In this case, for “Straight Appreciation Notes,” we define the concept of “Basket Return” to be equal to the “Basket Underperformance.” The “Basket Underperformance” is equal to: (Initial Basket Level – Final Basket Level) Initial Basket Level Unless otherwise set forth in the applicable pricing supplement, the “Initial Basket Level” will be equal to 100%.

  • Each Basket Component represents a percentage of the Initial Basket Level on the pricing date.

  • The Maturity Payment Amount shall be the following: o If the Final Basket Level is greater than or equal to the Initial Basket Level: Final Basket Level $1,000 x ------------------ Initial Basket Level o If the Final Basket Level is less than the Initial Basket Level but equal to or greater than the Threshold Level, $1,000.

  • Secondary market transactions are not subject to Swiss Stamp Duty.Swiss Federal Income TaxFor private investors with tax domicile in Switzerland, the discount to the Initial Basket Level of CHF 34 (3.40%) represents taxable income on the Redemption Date.Swiss Withholding TaxThis product is not subject to the Swiss Issuer Withholding Tax.

  • If the Final Basket Level is less than the Downside Threshold (which is 75% of the Initial Basket Level), the Contingent Absolute♦ Return will not apply, you will be exposed to the full negative Basket Return and the payout owed at maturity by MSFL will be an amount in cash that is at least 25% less than the $10 Principal Amount of each Security, resulting in a lossproportionate to the decrease in the value of the Basket from the Initial Basket Level to the Final Basket Level.

  • Issuer Morgan Stanley Finance LLCGuarantor Morgan Stanley Investment Timeline The Initial Levels are observed, the Initial Basket Level is set to 100 andIssue Price (perSecurity) Principal Amount$10.00 per Security $10.00 per Securitythe Step Return is set.

  • Final Basket Level – Initial Basket Level Initial Basket LevelSet to 100 on the Trade Date.


More Definitions of Initial Basket Level

Initial Basket Level means the Closing Level of the Basket on the Trade Date, or such other level as specified in the relevant pricing supplement.
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Initial Basket Level means $19,735,707.635.
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Related to Initial Basket Level

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Unrecovered Initial Unit Price means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Available Basket Amount means, at any date of determination, an amount (which shall not be less than $0) determined on a cumulative basis equal to the difference between: (a) the sum (without duplication) of: (i) $35,000,000, plus (ii) Cumulative Consolidated Net Income (which shall not be less than zero), plus (iii) the aggregate amount of dividends and distributions received by Borrower or its Restricted Subsidiaries in the form of Cash or Cash Equivalents on or prior to such date from Investments acquired or made utilizing the Available Basket Amount, plus (iv) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary after the Second Amendment Effective Date, the fair market value of the Investment in such Unrestricted Subsidiary at the time of the redesignation of such Unrestricted Subsidiary as a Restricted Subsidiary (which shall not exceed the original amount of such Investment), plus (v) the Net Cash Proceeds received from any issuance or sale of its Equity Interests occurring after the Closing Date (other than issuances of Disqualified Stock and issuances or sales pursuant to an employee stock ownership plan or other employee benefit plan and excluding Net Cash Proceeds of any issuance or sale of Equity Interests for a specifically identified purpose that were expended for such specifically identified purpose without a corresponding reduction of the Available Basket Amount), plus (vi) the after-tax amount (after taking into account any available tax credit or deductions and any tax sharing arrangements) of all Distributions received in Cash by the Loan Parties after the Closing Date that are attributable to their Equity Interests in any Joint Venture or any Subsidiary that is not a Subsidiary Guarantor, plus (vii) all Net Cash Sales Proceeds received from Dispositions permitted by this Agreement, minus (b) the aggregate amount of all Investments, Capital Expenditures, Distributions and payments in respect of Subordinated Obligations, in each case to the extent made after the Closing Date with amounts available under the Available Basket Amount.

  • 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.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Authorized Control Level RBC means the number determined under the risk-based capital formula in accordance with the RBC instructions;

  • Aggregate Quantity of IDR Reset Common Units has the meaning given such term in Section 5.11(a).

  • Ask Price means the price at which the Company is willing to sell a CFD.

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • Pricing Ratio on any date, the ratio of Consolidated Total Debt on such date to Annualized Borrower EBITDA for the fiscal quarter most recently ended prior to such date.

  • Locational Marginal Price or “LMP” shall mean the market clearing price for energy at a given location in a Party’s RC Area, and “Locational Marginal Pricing” shall mean the processes related to the determination of the LMP.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Ending Value means the average of the values of the Basket at the close of the market on five business days shortly before the maturity date of the Notes. We may calculate the Ending Value by reference to fewer than five or even a single day's closing value if, during the period shortly before the maturity date of the Notes, there is a disruption in the trading of a sufficient number of stocks included in any Basket Index or certain futures or options contracts relating to a Basket Index.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Basket has the meaning set forth in Section 8.04(a).

  • Threshold Percentage means 15%.

  • Final Share Level means the Share Level at the Valuation Time on the Valuation Date.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Ending Stock Price means the average of the closing price of the applicable stock for the 90 calendar days up to and including the last day of the Performance Period.

  • Company action level event means any of the following events: