Variable Return definition

Variable Return means a percentage calculated as follows:

Variable Return means, on a per Deposit Note basis, the amount equal to the following formula, provided that the Variable Return shall not be less than zero:

Variable Return means, the greater of (i) zero and (ii) an amount in Canadian dollars equal to $100 multiplied by the Reference Portfolio Return.

Examples of Variable Return in a sentence

• No assurance can be given that the Deposits will generate a Variable Return.

• The Variable Return and the Basket Return are calculated in Canadian dollars (CAD) and will not reflect fluctuations in the exchange rate of the foreign currencies in which the Shares of the Companies included in the Basket are traded against the Canadian dollar.

• Variable Return: means a percentage equal to the product of (i) the Reference Portfolio Return on the Valuation Date and (ii) the Participation Factor, subject to a minimum of zero.

• Maturity Redemption Payment: means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

• The Variable Return would be nil and the Maturity Redemption Payment payable on the Maturity Payment Date would be $100 because the Deposits are principal protected at maturity.

More Definitions of Variable Return

Variable Return means an amount per Deposit Note equal to: the higher of (i) $0 and (ii) the product of (a) the Initial Deposit Amount and (b) the Total Locked-In Performance minus 100%, subject to a maximum Variable Return of $70.81 per Deposit Note. If the Total Locked-In Performance at maturity is 100% or less, there will not be any Variable Return and the Holders will only be entitled to receive their Initial Deposit Amount.

Variable Return means the investment return (if any) payable in addition to the Capital Protected Amount in respect of the Enhanced Global Absolute Return Bond in accordance with Condition 5.

Variable Return means the potential investment return (if any) payable in addition to the Capital Protected Amount in respect of the Multi Strategy Investment, in accordance with Condition 5.

Variable Return means on a given Call Valuation Date and the Final Valuation Date, a percentage calculated as follows:

Variable Return means an amount in Canadian dollars, equal to the greater of (i) zero and (ii) the product of

Variable Return means, subject to any Special Circumstances that have occurred, the return earned on your Deposit as calculated in section 3 of these Special Conditions and expressed as a percentage rate per term;

Variable Return means, on a per Deposit Note basis, the amount equal to the following formula, provided that the Variable Return shall not be less than zero:Variable Return = Deposit Amount × Participation Rate × Index Return; and