Underlying Entitlement definition

Underlying Entitlement means, the Calculation Amount divided by the Strike Price of the Worst Performing Reference Asset and displayed to 6 d.p., further details of which are set out in the Appendix.
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Underlying Entitlement means, the Calculation Amount divided by the Strike Price of the Worst Performing Reference Asset multiplied by the Exchange Rate for the Worst Performing Reference Asset.
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Underlying Entitlement means, 271,778.5186, calculated as the Calculation Amount divided by the Strike Price.Redemption DateFinal Physical Redemption Date ApplicableAs defined in Condition 24 (Definitions) of the Base Conditions
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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.

  • For further information, see Underlying Entitlement later in this section.

  • 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 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.

  • NOTIONAL UNDERLYING ENITITLEMENT TO HOUSING BENEFIT/COUNCIL TAX BENEFIT When calculating the amount of overpaid benefit, the Benefits Service must establish whether there is potential for an award of Notional Underlying Entitlement to Housing Benefit / Council Tax Benefit to reduce the overpayment before making a decision to take enforcement action.

  • 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.


More Definitions of Underlying Entitlement

Underlying Entitlement means, 210.970464, calculated as the Calculation Amount divided by the Strike Price, and displayed to 6 d.p.
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Underlying Entitlement means, 33.8066, calculated as the Calculation Amount divided by the Strike Price.
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Underlying Entitlement means, 13.947780, calculated as the Calculation Amount divided by the Strike Price, and displayed to 6 d.p.
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Underlying Entitlement means, the
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Underlying Entitlement means the quantity of the Underlying Asset (or, if 'Entitlement Substitution' is specified in the Final Terms, and an Entitlement Substitution Event has occurred, a corresponding quantity of the Substitute Asset(s), as applicable) per Security (determined as at the Scheduled Redemption Date), in each case, adjusted to take into account any costs, losses, expenses and Local Jurisdiction Taxes and Expenses which are incurred (or expected to be incurred) by (or on behalf of) the Issuer in connection with the redemption of the Securities.
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Related to Underlying Entitlement

  • Underlying Trust Means the "Trust Fund" as defined in the Underlying Agreement.

  • Underlying Obligor means with respect to an Underlying Obligation, the issuer in the case of a Bond, the borrower in the case of a Loan, or the principal obligor in the case of any other Underlying Obligation.

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Related Security means, with respect to any Receivable:

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Underlying Company means the issuer of the relevant Security as specified above, in each case subject to adjustment in accordance with Condition 13 (Adjustments).

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Mortgage-related security means an obligation that is rated AA or higher (or the equivalent) by a securities rating agency recognized by the Securities Valuation Office of the NAIC and that either:

  • Review Receivables means those Delinquent Receivables that have been Delinquent Receivables for 60 days or more as of the last day of the preceding Collection Period identified by the Servicer as requiring an Asset Representations Review by the Asset Representations Reviewer following receipt of an Asset Representations Review Notice according to Section 3.01.

  • Indenture Trustee Fee means an annual fee equal to $5,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Review Receivable has the meaning designated in Section 1.02 of the Asset Representations Review Agreement.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Underlying Security means a security issued or transferred, or to be issued or transferred, in accordance with the terms of a convertible security, an exchangeable security or a multiple convertible security;

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Mortgage-Backed Security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in January of each year, commencing in January 2024.

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Underlying Securities Trustee means The Bank of New York.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.