Reference Underlying definition

Reference Underlying means the Reference Underlying as specified in § 2 of the Product and Underlying Data.

Reference Underlying means, unless otherwise specified in the applicable Final Terms, (i) the meaning given to it in the Applicable Schedule or (ii) if there is no Applicable Schedule, the reference underlying as specified in the applicable Final Terms.

Reference Underlying means the index as specified in the applicable Final Terms.

Examples of Reference Underlying in a sentence

• Your capital will be fully at risk when investing in this product.The Reference Underlying is the Underlying with the lowest observed level on the relevant observation.

• If the product is not redeemed early, both the coupon and the capital redemption at maturity will be linked to the performance of the Reference Underlying.

• If the product is not redeemed early, both the return and the capital redemption amount will be linked to the performance of the Reference Underlying.

• Campers having special needs will have to provide their own food.

• CouponProvided that the product has not been previously redeemed early:- On each Coupon Observation Date, if the level of the Reference Underlying is at or above the Coupon Barrier, you will receive on the payment date:The Coupon multiplied by the number of periods the product has elapsed since inception, minus the sum of coupons already paid.- Otherwise, you will not receive the Coupon.

• The Issuer's ability to satisfy its payment obligations under the Notes will be wholly dependent upon receipt, in full, of payments under the Reference Underlying.

• In that case, rising prices of the relevant Index constituting the Reference Underlying, will result in a disproportionately falling value of the Closed End Leverage Securities.

• Additional Information - The level of the Reference Underlying corresponds to its value expressed as a percentage of its Initial Value.

• The product is a fixed term investment which is designed to generate a payoff at maturity linked to the performance of the Reference Underlying.

• When the Coupon is defined as Conditional, the coupon mechanism is as follows:- On each Coupon Observation Date, if the level of the Reference Underlying is at or above the Coupon Barrier, you will receive on the payment date:The Coupon multiplied by the number of periods the product has elapsed since inception, minus the sum of coupons already paid.- Otherwise, you will not receive the Coupon.

More Definitions of Reference Underlying

Reference Underlying means a share, warrant, unit or other asset as specified in the applicable Final Terms.

Reference Underlying means the Underlying Share (i=1) and the Underlying Index (i=2);