Knock-in Event definition

Knock-in Event means (i) the event or occurrence specified as such in the relevant Final Terms; and(ii) (unless otherwise specified in the applicable Final Terms) that the price of the Security or, as the case may be, the level of the Index, determined by the Calculation Agent as of the Knock-in Valuation Time on any Knock-in Determination Day is, as specified in the applicable Final Terms, (i) "greater than", (ii) "greater than or equal to", (iii) "less than" or (iv) "less than or equal to" the Knock-in Price or, as the case may be, the Knock-in Level.

Knock-in Event means, subject to the Adjustment Provisions, an event that occurs if, in the determination of the Calculation Agent, the Index Level of the Index on the Valuation Date is strictly less than the Knock-In Barrier.

Knock-in Event means the Index Level of the Index on the Valuation Date is less than the Knock-In Barrier. “Notional Amount” means GBP 1.00 per Preference Share.

Examples of Knock-in Event in a sentence

• Final Payout: SPS Payout: Auto-callable Products Autocall Standard Securities(A) If FR Barrier Value is greater than or equal to the Final Redemption Condition Level: 100% + FR Exit Rate; or(B) If FR Barrier Value is less than the Final Redemption Condition Level and no Knock-in Event has occurred: 100%; or (C) If FR Barrier Value is less than the Final Redemption Condition Level and a Knock-in Event has occurred: Min (100%, Final Redemption Value).

• If "Knock-in Event" is specified as applicable in the Final Terms in relation to any Warrant, then, unless otherwise specified in such Final Terms, the terms of the Warrants as to exercise and/or payment and/or delivery under the relevant Warrants subject to a Knock-in Event shall be conditional upon the occurrence of such Knock-in Event.

• If "Knock-in Event" is specified as applicable in the Final Terms in relation to any Cash Equity Note, Equity-Linked Note or Index Linked Note, then each payment and/or delivery in respect of which a Knock-in Event applies, as specified in the relevant Final Terms, shall be conditional upon the occurrence of such Knock-in Event.

• AA) Knock-in Event and Final Valuation Knock-in BasisIf "Knock-in Event" and "Final Valuation Knock-in Basis" are specified as applicable in the Pricing Supplement, then the payment and/or delivery obligations under the Equity Linked Notes relating to the occurrence of a Knock-in Event shall be as set out in the applicable Pricing Supplement.

• Knock-in Determination Day on which a Knock-in Event has occurred.

More Definitions of Knock-in Event

Knock-in Event means (a) the event or occurrence specified as such in the relevant Pricing Supplement; and

Knock-in Event means (i) in the case of a single Index, that the level of the Index determined by the Calculation Agent as of the Knock-in Valuation Time on any Knock-in Determination Day is and (ii) in the case of a basket of Indices, that the amount determined by the Calculation Agent equal to the sum of the values of each Index as the product in respect of each Index of (x) the level of such Index as of the Knock-in Valuation Time on any Knock-in Determination Day and (y) the relevant Weighting is (i) “greater than”, (ii) “greater than or equal to”, (iii) “less than” or (iv) “less than or equal to” the Knock-in Level specified in the applicable Final Terms.

Knock-in Event means the Index Level of the Index on the Valuation Date is less than the Knock-In Barrier.

Knock-in Event means the Final Commodity Price is less than the Knock-In Strike, as determined by the Calculation Agent.

Knock-in Event means (unless otherwise specified in the applicable Pricing Supplement) either:

Knock-in Event means the Knock-in Value is (A):

Knock-in Event means (unless otherwise specified in the applicable Pricing Supplement) that the level of the Index determined by the Calculation Agent as of the Knock-in Valuation Time on any Knock-in Determination Day is, as specified in the applicable Pricing Supplement, (i) “greater than”, (ii) “greater than or equal to”, (iii) “less than” or (iv) “less than or equal to” the Knock-in Level. If “Knock-in Event” is specified as applicable in the Pricing Supplement, then, unless otherwise specified in such Pricing Supplement, amendment to the terms of the Notes (as specified in the applicable Pricing Supplement) and/or payment under the relevant Notes subject to a Knock-in Event shall be conditional upon the occurrence of such Knock-in Event.