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 the Relevant Underlying Value as of the Strike Date;
Sample 1
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

Examples of Initial Reference Value in a sentence

  • 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.

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

  • The occurrence of an Early Redemption Event is contingent upon the Reference Value of the Underlying on an Early Redemption Valuation Period, being equal to or higher than 100% of the Initial Reference Value (i.e. an Early Redemption Event, in respect of an Early Redemption Valuation Period has occurred).

  • Incorporate the desired use of procurement for strategic purposes into procurement objectives.

  • The occurrence of an Early Redemption Event is contingent upon the Reference Value of the Underlying on an Early Redemption Valuation Period, i.e. the arithmetic mean of the Reference Values of the Underlying determined on the dates of the relevant Early Redemption Valuation Period, being equal to or higher than 100% of the Initial Reference Value (i.e. an Early Redemption Event, in respect of an Early Redemption Valuation Period has occurred).

  • Initial Reference Value Determination Period(s):Not applicable.39.Final Reference Value:The Final Reference Value will be calculated on the Valuation Date and will be an amount equal to the Reference Price of the Share on such date.

  • Not applicable.38.Initial Reference Value:The Initial Reference Value will be calculated on the Determination Date and will be an amount equal to the Reference Price of the Share on such date.

  • However, if the feature Futures Contract First Near-by is specified as applicable in the relevant Final Terms, the Issuer will be entitled to determine the Initial Reference Value and/or the Reference Value in relation to any valuation period during the lifetime of the Certificates and/or the Final Reference Value on the basis of a Futures Contract First Near-by.

  • Barrier Event Determination Period(s): 18 March 2025 Barrier Level: The Barrier Level is equal to 100% of the Initial Reference Value.

  • Lower Barrier Level: Not applicable Upper Barrier Level: Not applicable Barrier Selection Period: Not applicable Strike Observation Period: Not applicable Air Bag Factor: Not applicable Protection Level: The Protection Level is equal to 85% of the Initial Reference Value.


More Definitions of Initial Reference Value

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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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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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.

  • 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.

  • 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 Price 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:

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.

  • Reference Value means the last reported sales price of the Ordinary Shares 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.

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

  • €STR Reference Rate means, in respect of any TARGET Business Day, a reference rate equal to the daily Euro Short-Term Rate ("€STR") for such TARGET Business Day as provided by the European Central Bank, as administrator of such rate (or any successor administrator of such rate), on the website of the European Central Bank initially at http://www.ecb.europa.eu, or any successor website officially designated by the European Central Bank (the "ECB's Website") (in each case, at the time specified by, or determined in accordance with, the applicable methodology, policies or guidelines on the TARGET Business Day immediately following such TARGET Business Day).

  • 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, collectively or individually, Term SOFR, Daily Compounded XXXXX, XXXXX or the EURIBOR Rate.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP 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 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 applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • 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