Underlying Performance definition

Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

Underlying Performance with respect to an Underlying means a decimal number calculated by applying the following formula:

Underlying Performance means Final Reference Level / Initial Reference Level;

Examples of Underlying Performance in a sentence

• If the Underlyings have the same Underlying Performance, then the Issuer shall decide in its own reasonable discretion (billiges Ermessen) (§ 315 German Civil Code (BGB)) which of the Underlyings shall be the Worst Performing Underlying.

• If the Issuer determines that two or more Underlyings have the same Underlying Performance, then the Issuer shall decide in its own reasonable discretion (billiges Ermessen) (§ 315 German Civil Code (BGB)) which of the Underlyings shall be the Worst Performing Underlying with respect to the Valuation Date.

• Each Converted Award shall vest in substantially equal monthly increments over the performance period of the Underlying Performance Award, provided that Executive remains an employee of the Company through each such vesting date.

• For purposes of this Section 3(a), the Converted Award shall be the number of shares Executive would have received pursuant to the terms of the Underlying Performance Award for performance at target for the entire performance period (whether measured in one or more fiscal periods) in which the Change of Control occurs, regardless of any actual level of achievement subsequently determined.

• Executive shall be given vesting credit from the commencement of the performance period of the Underlying Performance Award as if each Converted Award had been subject to a time-based vesting schedule from its grant date.

More Definitions of Underlying Performance

Underlying Performance means, with respect to an Underlying and an Autocall Valuation Date or the Final Valuation Date (as applicable), the percentage (rounded to the nearest four decimal places (with 0.00005 being rounded up)) determined by the Calculation Agent in respect of such Underlying and such Valuation Date in accordance with the following formula:

Underlying Performance means, with respect to the Underlying and an Autocall Valuation Date or the Final Valuation Date (as applicable), (x) the Reference Value of such Underlying on such date divided by (y) its Initial Value.

Underlying Performance means a decimal number calculated by applying the following formula: UP UnderlyingFINAL UnderlyingINITIAL where: UP=Underlying PerformanceUnderlyingFINAL=Reference Price with respect to the Valuation DateUnderlyingINITIAL=Initial Price

Underlying Performance means a decimal number calculated by applying the following formula: UP UnderlyingFINAL UnderlyingINITIAL where: UP=Underlying PerformanceUnderlyingFINAL=Arithmetic mean of the Reference Prices with respect to all Averaging DatesUnderlyingINITIAL=Initial Price FIXED AMOUNT No additional amounts shall be payable under the Certificates. MATURITY Subject to the provisions contained in § 5, the Certificates will be redeemed on the Maturity Date by the payment of an amount in the Issue Currency (the "Redemption Amount"). determined by the Issuer in accordance with the following provisions:RA  EA  PF  Max0;MinCap;UP  X where: RA EARLY REDEMPTION

Underlying Performance means a decimal number calculated by applying the following formula:

Underlying Performance means Final Reference Price / Initial Reference Price;

Underlying Performance means a decimal number calculated by applying the following formula: UP =Underlying FINALUnderlying INITIAL where: UP = Underlying Performance UnderlyingFINAL UnderlyingINITIAL= Arithmetic mean of the Reference Prices with respect to all Averaging Dates = Initial Price ADDITIONAL AMOUNT No additional amounts shall be payable under the Certificates. MATURITY