Examples of Upper Barrier in a sentence
If the Coupon Valuation Price does not meet the Lower Barrier Criteria with respect to the Lower Barrier (if specified as applicable in the relevant Final Terms) and the Upper Barrier Criteria with respect to the Upper Barrier (if specified as applicable in the relevant Final Terms) on the relevant observation date(s), n will be zero.
In the case of Capped Securities Plus, if during the Monitoring Period a Barrier Event occurs and the Reference Price of the Underlying on the Valuation Date is below the Upper Barrier, the Securityholder does not receive the Maximum Amount but receives a Redemption Amount that depends on the price of the Underlying on the Valuation Date.
Worst case: If the Reference Price of the Underlying on the Valuation Date is equal to or above the Upper Barrier, then the Redemption Amount is 0 (zero) (total loss).
A total loss occurs if the Underlying is worthless on the Final Valuation Date.Security Holders should note that if a Barrier Event has occurred and the Reference Price is below or equal to (where provided in the Final Terms) the Upper Barrier, the Twin Win Security is comparable to a direct investment in the Underlying (without taking into account dividend payments).
In this context, evaluative information is regarded as important feedback that assists in improving delivery and ensuring the programme’s on-going success, and therefore the institution may be reluctant to share it among other providers in a similar field.