Examples of Underlying Performance in a sentence
If the Underlying Performance is equal to or below 1 (one), the Redemption Amount will be equal to 0 (zero).
The Underlying Performance involves a comparison of (i) the Initial Reference Value (being the lowest Relevant Underlying Value observed on any Observation Date) and (ii) the Final Average Value (being the arithmetic mean of the value of the Relevant Underlying as on each Averaging Date, as determined on the Determination Date).
Underlying Performance: The Final Redemption Amount includes a component which is calculated as the product of (x) the Participation Rate and (y) the higher of zero per cent.
If the Underlying Performance is equal to or below [number], the Redemption Amount will be equal to 0 (zero).
This will limit the extent to which a sudden increase in value or performance of the Relevant Underlying on a single date affects the Final Average Value (and therefore the Underlying Performance).