Examples of Underlying Entitlement in a sentence
The Gordon and Klein (2014) EC also has a simple thermodynamic explanation, which makes it a promising example.
The maximum whole number of units of the Worst Performing Reference Asset less than or equal to the relevant Underlying Entitlement determined by the Determination Agent, provided that no fraction of the Worst Performing Reference Asset shall be delivered and Securityholders will be entitled to receive an amount in EUR rounded to the nearest unit of such currency determined on the basis of the Valuation Price of the Worst Performing Reference Asset on the Final Valuation Date in lieu of such fraction.
Negligent performance of service, within the meaning of this Article, shall include, in addition to negligence founded upon tort, negligence based upon the CONSULTANT's failure to meet professional standards and resulting in obvious or patenterrors in the progression of his work.
The maximum whole number of units of the Reference Asset less than or equal to the Underlying Entitlement as determined by the Determination Agent, provided that no fraction of a Reference Asset shall be delivered and Securityholders will be entitled to receive an amount in EUR rounded to the nearest unit of such currency determined on the basis of the Valuation Price of the Reference Asset on the Final Valuation Date and the relevant Exchange Rate in lieu of such fraction.
The maximum whole number of units of the Worst Performing Reference Asset less than or equal to the relevant Underlying Entitlement determined by the Determination Agent, provided that no fraction of the Worst Performing Reference Asset shall be delivered and Securityholders will be entitled to receive an amount in USD rounded to the nearest unit of such currency determined on the basis of the Valuation Price of the Worst Performing Reference Asset on the Final Valuation Date in lieu of such fraction.
For further information, see Underlying Entitlement later in this section.