Initial Closing Price definition

Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

Initial Closing Price means the RI Closing Value of a Reference Item on the Valuation Date, which shall be the Strike Date.

Initial Closing Price means, subject as referred to in relation to any Valuation Date, the RI Closing Value of Reference Item on the Strike Date.

Examples of Initial Closing Price in a sentence

• In respect of each Underlying Asset, the Initial Closing Price of such Underlying Asset.

• In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable per Certificate (of the Calculation Amount) on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price of the Final Worst Performing Asset, divided by (b) the Initial Closing Price of the Final Worst Performing Asset, i.e., zero.

• In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable per Certificate on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price of the Final Worst Performing Asset, divided by (b) the Initial Closing Price of the Final Worst Performing Asset, i.e., zero.

• In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable in respect of each Certificate on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price, divided by (b) the Initial Closing Price, i.e., zero.

• In this Example, the Certificates will be exercised on the Final Reference Date and the Settlement Amount payable in respect of each Certificate on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by (ii) the quotient of (a) the Final Closing Price, divided by (b) the Initial Closing Price, i.e., EUR 69.

More Definitions of Initial Closing Price

Initial Closing Price means, in the case of the Company the average Closing Price, and in the case of the Index the value of the Index, in each case for the twenty (20) trading days prior to the first day of the Performance Period.

Initial Closing Price means, subject as referred to in relation to any Valuation Date, the RI Closing Value of a Reference Item on the Valuation Date, which for these purposes shall be the Strike Date.

Initial Closing Price means the RI Closing Value of a Reference Item on the Valuation Date, which shall be the Strike Date."RI Closing Value" means, in respect of a Reference Item and a ST Valuation Date, the Settlement Price (as defined in the ETF Linked Conditions) in respect of such ST Valuation Date.

Initial Closing Price means the RI Closing Value of a Reference Item on the Valuation Date, which shall be the Strike Date. “Interest Payment Date(s)” means 5 January 2026.

Initial Closing Price means the RI Closing Value of a Reference Item on [the Strike Date][the Initial Calculation Date].

Initial Closing Price means the average Closing Price for the twenty (20) trading days prior to the first day of the applicable period. “Final Closing Price” means the average Closing Price for the twenty (20) trading days prior to and including the final day of the applicable period.

Initial Closing Price means, in the case of the Company $10.97, and in the case of the KRXTR $70.51 (using the symbol “KRXTR”).