Initial Reference Value definition

Initial Reference Value means, for any Shares, the product of (i) the number of such Shares that constitute Acceptable Collateral at such time, and (ii) the then-current Initial Reference Price for such Shares.
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Initial Reference Value means, for any Shares, the product of (i) the number of such Shares that constitute Acceptable Collateral at such time, and(ii) the then-current Initial Reference Price for such Shares.
Sample 1
Initial Reference Value means, in respect of an Index, the Relevant Underlying Value in respect of such Index as of the Strike Date; “Knock-in Value” means the Relevant Underlying Value of the worst performing Index as of the relevant Automatic Early Redemption Determination Date; “Relevant Underlying Value” means the value of the relevant Index, determined according to the Value Determination Terms specified below; “Calculation Amount” means EUR 1,000; “Specified Rate” means 100.00 per cent.; and “Strike Date” means 26 January 2024; and the “Automatic Early Redemption Determination Date” and the corresponding “Autocall Barrier Value”, “Automatic Early Redemption Date” and “Automatic Early Redemption Rate” are as set out in the table below. In the case of each Automatic Early Redemption Rate this will be a percentage not lower than the Minimum and not greater than the Maximum in each case specified in the table and determined by the Determination Agent at the end of the offer period in respect of the Securities in accordance with market conditions at such time, and which shall be notified to the securityholders thereafter by publication on https://www.ubs.com/quotes. Automatic Early Redemption Determination DateAutocall Barrier ValueAutomatic Early Redemption DateAutomatic Early Redemption Rate26 July 2024100 per cent. of the Initial Reference Value2 August 20245.10 per cent.28 October 2024100 per cent. of the Initial Reference Value4 November 20247.65 per cent.27 January 2025100 per cent. of the Initial Reference Value3 February 202510.20 per cent.28 April 202595 per cent. of the Initial Reference Value6 May 202512.75 per cent.28 July 202595 per cent. of the Initial Reference Value4 August 202515.30 per cent.27 October 202595 per cent. of the Initial Reference Value3 November 202517.85 per cent.26 January 202695 per cent. of the Initial Reference Value2 February 202620.40 per cent.27 April 202695 per cent. of the Initial Reference Value5 May 202622.95 per cent.27 July 202695 per cent. of the Initial Reference Value3 August 202625.50 per cent.26 October 202695 per cent. of the Initial Reference Value2 November 202628.05 per cent.Redemption at Maturity:DUAL BARRIER FINAL REDEMPTION 3
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Examples of Initial Reference Value in a sentence

  • Multiplier: The Multiplier to be applied is equal to the Issue Price divided by the Initial Reference Value.

  • The Accumulating Level is represented by a percentage of the Initial Reference Value or as an independent percentage value (in relation to Spread Certificates and Multiperformance Certificates) or by a predetermined value, specified in the relevant Final Terms in relation to the relevant Accumulating Valuation Period.

  • Equal to the product between the Cap Percentage and the Initial Reference Value.

  • The Digital Level is represented by a percentage of the Initial Reference Value and/or the Reference Value or as an independent percentage value (in relation to Spread Certificates and Multiperformance Certificates) or by a predetermined value, as specified in the applicable Final Terms in relation to the relevant Digital Valuation Period.

  • The Down Range Level is represented by a percentage of the Initial Reference Value or as an independent percentage value (in relation to Spread Certificates and Multiperformance Certificates) or by a predetermined value.

  • The Consolidation Level is represented by a percentage of the Initial Reference Value or as an independent percentage value (in relation to Spread Certificates and Multiperformance Certificates) or by a predetermined value, as specified in the applicable Final Terms in relation to the relevant Consolidation Valuation Period.

  • Any classified staff employee regularly assigned less than an average eighteen and three-fourths (18.75) hours per week shall not be eligible for the health and medical insurance program.

  • If the Final Reference Value is higher than, or equal to, the Barrier Level (i.e. the Barrier Event has not occurred):(Initial Percentage x Initial Reference Value x Multiplier) x Minimum Exercise Amount B.

  • If the Final Reference Value is higher than, or equal to, the Barrier Level (i.e. the Barrier Event has not occurred): (Initial Percentage x Initial Reference Value x Multiplier) x Minimum Exercise Amount B.

  • The Extra Consolidation Digital Level is represented by a percentage of the Initial Reference Value of an Underlying (or as an independent percentage value in relation to Spread Certificates and Multiperformance Certificates) or by a predetermined value.


More Definitions of Initial Reference Value

Initial Reference Value means the Initial Value of the Final Worst Performing Asset. "Initial Value" means, in respect of each Share, the Initial Closing Price of such Share.
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Initial Reference Value means the Relevant Underlying Value as of the Strike Date;
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Related to Initial Reference Value

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period. No-load Cost:

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price. For the avoidance of doubt, when determining (i) above the SPS Valuation Date shall never refer to the Strike Date.

  • Final Reference Pricei means the official closing price of the Underlyingi on the Determination Date;

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Replacement Reference Rate means a reference rate which is:

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Affected Reference Entity means, in respect of a Specified Payment Date, that the Reference Entity was a Non-Determined Reference Entity as of the Cut-off Date relating to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)) or that a Deferral Notice has been given to the Company after the Cut-off Date relating to that Specified Payment Date but on or prior to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time).

  • unit of Reference Property shall have the meaning specified in Section 14.07(a).

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Relevant Reference Price means the Reference Price on the Final Valuation Date. "Security Holder" means the holder of a Security.

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • 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.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.

  • Adjusted Value as used in subdivision (d) means:

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;

  • Standard reference compendia means the American Medical Association Drug Evaluations, the

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).