Worst Performance (final definition

Worst Performance (final means the Performance of the Basket Componentj (final) specified as follows:Performance of the Basket Componentj (final) = mini= 1, ..., N [Ki (final) / Ki (initial)]
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Worst Performance (final means, with respect to all Basket Componentsi and the Final Observation Date, the Worst Performance (final) as calculated by the Calculation Agent as follows:
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Worst Performance (final means the Performance of the Basket Componentj (final) specified as follows:
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Examples of Worst Performance (final in a sentence

  • The quotient is formed by dividing the Worst Performance (final) by the Strike.

  • If the price of the Basket Components falls, the value of the Securities regularly falls.Redemption on the Final Payment Date depends on the Worst Performance (final).

  • Redemption Amount: The Redemption Amount corresponds to an amount in the Specified Currency calculated or specified by the Calculation Agent as follows:- If no Barrier Event has occurred the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred the Redemption Amount is specified according to the following formula: Redemption Amount = Nominal Amount x Worst Performance (final) / StrikeHowever, in this case the Redemption Amount is not greater than the Nominal Amount.

  • Redemption Amount: The Redemption Amount corresponds to an amount in the Specified Currency calculated or specified by the Calculation Agent as follows:- If no Barrier Event has occurred the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred the Redemption Amount is specified according to the following formula: Redemption Amount = Nominal Amount x Worst Performance (final) / StrikeHowever, in this case the Redemption Amount is not greater than the Maximum Amount.

  • If a Barrier Event has occurred, redemption is made:• for Securities with cash settlement by payment of the Redemption Amount, or• for Securities with physical delivery by delivery of the Basket Componenti with the Worst Performance (final) in a quantity expressed by the Ratioi per Security.

  • If the price of the Basket Components rises, the value of the Securities regularly falls.Redemption on the Final Payment Date depends on the Worst Performance (final).

  • Redemption Amount: The Redemption Amount corresponds to an amount in the Specified Currency calculated or specified by the Calculation Agent as follows:- If no Barrier Event has occurred the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred the Redemption Amount is specified according to the following formula:Redemption Amount = Nominal Amount x Worst Performance (final) / StrikeHowever, in this case the Redemption Amount is not greater than the Nominal Amount.

  • RedemptionRedemption as at the Final Payment Date depends on:• the occurrence of a Barrier Event, and• the Worst Performance (final).

  • Redemption Amount: The Redemption Amount corresponds to an amount in the Specified Currency calculated or specified by the Calculation Agent as follows:- If no Barrier Event has occurred the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred the Redemption Amount is specified according to the following formula:Redemption Amount = Nominal Amount x Worst Performance (final) / StrikeHowever, in this case the Redemption Amount is not greater than the Maximum Amount.


More Definitions of Worst Performance (final

Worst Performance (final means with respect to the Final Observation Date, the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date, the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial).
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Worst Performance (final means with respect to the Final Observation Date, the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date, the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial).Additional definitions and product termsThe Barrier Event occurs if the Relevant Performance (final) is lower than the Barrier Level on the Final Observation Date.
Sample 1
Worst Performance (final means, with respect to the Final Observation Date(s), the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date(s), the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial). "Ki (initial)" means:• for Securities where Ki (initial) has already been specified, the price of the Basket Componenti specified in the respective Final Terms, or• for Securities with initial Reference Price observation, the Reference Price of the Basket Componenti on the Initial Observation Date, or• for Securities with initial average observation, the equally weighted average (arithmetic mean) of the Reference Prices of the Basket Componenti determined on the Initial Observation Dates, or• for Securities with best-in observation, the highest Reference Price of the Basket Componenti on the dates specified in the respective Final Terms, or• for Securities with worst-in observation, the lowest Reference Price of the Basket Componenti on the dates specified in the respective Final Terms.
Sample 1
Worst Performance (final means the Performance of the Basket Componentj (final) specified as follows: Performance of the Basket Componentj (final) = min [Ki (final) / Ki (initial)] (with i = 1,…N) Interest: The Securities do not bear interest.
Sample 1
Worst Performance (final means, with respect to all Basket Componentsi and the Final Observation Date[s], the worst performance of the Basket Componentsi as calculated by the Calculation Agent according to the following formula:Worst Performance (final) = min (Ki (final) / Ki (initial)) (with i = 1,…N)]The Participation Factor Up, the Participation Factor Down, the Barrier Observation [Date] [Period], the Strike Level [, the Barrieri] and the Barrier Level are specified in the Annex to this Summary.][Product Type 25: In the case of Worst-of Twin Win Cap Securities, the following applies:The value of the Securities during their term depends decisively on the price of the Basket Componentsi. If no Barrier Event has occurred and subject to the effect of other price-influencing factors (such as expected volatility, interest rate, dividend yield, Maximum Amount Up, Maximum Amount Down), the value of the Securities generally rises, if the price of the Basket Componentsi rises or falls. If a Barrier Event has occurred and subject to the effect of other price-influencing factors (such as expected volatility, interest rate, dividend yield, Maximum Amount Up, Maximum Amount Down), the value of the Securities generally rises, if the price of the Basket Componentsi rises, and falls, if the price of the Basket Componentsi falls.["Barrier Event" means that the Worst Performance (b) on the respective Barrier Observation Date is [equal to or] lower than the Barrier Level.]["Barrier Event" means that any published price of at least one Basket Componenti with continuous observation during the Barrier Observation Period is [equal to or] lower than the respective Barrieri.]The "Barrieri" is, with respect to a Basket Componenti, specified as the Barrier Level times Ki (initial).][The Security Holder is not exposed to the influence of exchange rate movements (Quanto).]Redemption on the Final Payment DateThe "Redemption Amount" is determined as follows: If no Barrier Event has occurred, the following applies:o If the Worst Performance (final) is equal to or higher than the Strike Level, the Redemption Amount is equal to the Nominal Amount multiplied by the sum of (a) one and (b) the product of the (i) Participation Factor Up and (ii) the difference of (x) the Worst Performance (final) divided by the Strike Level and (y) one.However, in this case, the Redemption Amount is not higher than the Maximum Amount Up.o If the Worst Performance (final) is lower than the Strike Level, the Redemption Amount is equ...
Sample 1
Worst Performance (final means, with respect to the Final Observation Date[s], the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date[s], the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial).[The Security Holder is not exposed to the influence of exchange rate movements (Quanto).]Additional AmountIf no Coupon Barrier Event has occurred during the Barrier Observation Period (k) and all previous Barrier Observation Periods (k), payment of the respective Additional Conditional Amount (k) is made on the respective Additional Conditional Amount Payment Date (k).If a Coupon Barrier Event has occurred during the Barrier Observation Period (k), no Additional Conditional Amount (k) will be paid on the respective Additional Conditional Amount Payment Date (k) and on any following Additional Conditional Amount Payment Dates (k). I.e., if a Coupon Barrier Event occurs the option of an Additional Amount lapses."Coupon Barrier Event" means [that any published price of at least one Basket Componenti (as defined in C.20) is equal to or lower than the respective Barrieri (k) during the Barrier Observation Period (k) in the case of continuous observation] [that any Performance of the Basket Componenti (c) on any Coupon Barrier Observation Date during the Barrier Observation Period (k) is equal to or lower than the respective Barrier Leveli (k)]."Performance of the Basket Componenti (c)" means the Performance of the Basket Componenti between the Initial Observation Date and the respective Coupon Barrier Observation Date.Automatic Early RedemptionIf an Early Redemption Event [but no Coupon Barrier Event] has occurred, the Securities are automatically early redeemed on the respective Early Payment Date (k) by payment of the relevant Early Redemption Amount (k).[If a Coupon Barrier Event has occurred, the option of early redemption lapses and the Securities are redeemed on the Final Payment Date.]["Early Redemption Event" means that each Performance of the Basket Componenti (k) is equal to or greater than the Early Redemption Leveli (k).]"Performance of the Basket Componenti (k)" means the Performance of the Basket Componenti between the Initial Observation Date and the respective Observation Date (k) (as defined in C.16).Redemption at Final PaymentIf no Barrier Event has occurred, redemption is made on the Final Payment Date by payment of the Redemption Amount that is equ...
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Related to Worst Performance (final

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.