Worst Performing Index Performance definition

Worst Performing Index Performance means, in respect of an Auto Call Valuation Date or the Valuation Date, the lowest Index Performance of the Indices in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.
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Worst Performing Index Performance means the lowest Index Performance determined in accordance with the definition of "Index Performance" above.
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Worst Performing Index Performance means, in respect of a Digital Valuation Date, Autocall Valuation Date, Barrier Valuation Date or the Valuation Date, as the case may be, the lowest Index Performance of the Indices in respect of such date.
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Examples of Worst Performing Index Performance in a sentence

  • In relation to a basket of Indices, the Calculation Agent will take the Index Performance of the worst performing Index (the "Worst Performing Index Performance") in the relevant basket in order to make the necessary calculations.

  • The Index Performance or Worst Performing Index Performance on an Auto-Call Valuation Date is a percentage representing any appreciation or depreciation in the relevant Index or worst performing Index on an Auto-Call Valuation Date in comparison to the initial level of the relevant Index or the worst performing Index comprised in a basket of Indices.

  • In this case, the Worst Performing Index Performance (96.49%) is lower than the Barrier Level (100%).

  • Therefore, an investor will be entitled to an amount on redemption equal to the principal amount of the Note multiplied by the Worst Performing Index Performance.

  • The project has been delayed for administrative reasons and the new target for commissioning the interconnector is end 2013.

  • In this case, the Worst Performing Index Performance (106%) is greater than the Auto-Call Trigger Level (95%).

  • Comparing the Index Performance of the FTSE 100 Index and the S&P 500 Index, the S&P 500 Index is the worst performing Index and so the Worst Performing Index Performance is 106%.(2) Is the Worst Performing Index Performance equal or greater than the Auto-Call Trigger Level?In this case, the Worst Performing Index Performance (106%) is greater than the Auto-Call Trigger Level (95%).

  • It does so by comparing the level of the relevant Index or the worst performing of the Indices comprised in a basket of Indices on specified valuation dates (each, an "Auto-Call Valuation Date") with an initial index level or levels specified in the relevant Preference Share Terms and Conditions to ascertain the Index Performance of the relevant Index or the Worst Performing Index Performance, as applicable.

  • Therefore, the Index Performance of S&P 500 Index is 106%.Comparing the Index Performance of the FTSE 100 Index and the S&P 500 Index, the S&P 500 Index is the worst performing Index and so the Worst Performing Index Performance is 106%.(2)Is the Worst Performing Index Performance equal or greater than the Auto-Call Trigger Level?In this case, the Worst Performing Index Performance (106%) is greater than the Auto-Call Trigger Level (95%).

  • As the Worst Performing Index Performance in each case is greater than 75%, therefore the Digital Amount in respect of each of the first three Digital Valuation Dates is 2% so the aggregate of the Digital Amounts is 6%.


More Definitions of Worst Performing Index Performance

Worst Performing Index Performance means, in respect of the [last occurring] Valuation Date [or an Observation Date], the lowest Index Performance of the Indices in respect of such Valuation Date [or Observation Date], provided that if two or more Index Performances in respect of the Valuation Date [or Observation Date] are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
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Worst Performing Index Performance means the Index Performance of the Worst Performing Index.
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Worst Performing Index Performance means the lowest Index Performance determined in accordance with the definition of "IndexPerformance" above. In addition, as the Notes are Autocallable Redemption Notes , they may be redeemed if, on an Auto-Call Valuation Date, the Worst Performing IndexPerformance is equal to or greater than the Auto-Call Trigger Level specified below. In such circumstances the Noteholder would be entitled to an Early Redemption Amount, being a cash amount equal to the principal amount of the Note multiplied by the Auto-Call Trigger Rate, specified below.For these purposes:
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Worst Performing Index Performance means, in respect of a scheduled Auto Call Valuation Date, Digital Valuation Date or the scheduled Valuation Date, the lowest IndexPerformance of the Indices in respect of such scheduled Auto Call Valuation Date, Digital Valuation Date or such scheduled Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Ca l Valuation Date, Digital Valuation Date or such Valuation Date, as the case may be, are the same, the Calculation Agent shall determine which IndexPerformance shall constitute the Worst Performing Index Performance in respect of such day.
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Worst Performing Index Performance means, in respect of the Valuation Date, the lowest Index Performance of the Indices in respect of the Valuation Date, provided that if two or more Index Performances in respect of the Valuation Date are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
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Worst Performing Index Performance means the Index Performance of the Worst Performing Index.• Early redemption: In certain circumstances (such as an illegality, a change in law that results in the Preference Share Issuer being subject to additional regulation or an external event affecting an underlying asset to which the Preference Shares are linked)), the Preference Share Issuer may redeem the Preference Shares early at the Preference Share Early Redemption Amount, which is an amount calculated by the Calculation Agent as the fair market value of a Preference Share as of the Preference Share Early Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, 3.1.4 Relative seniority of the securities in the Issuer’s capital structure in the event of insolvency: The Notes are Senior Notes and constitute deposit liabilities of the Issuer for purposes of the Bank Act. The Notes will rank pari passu with all deposit liabilities of the Issuer (except as otherwise prescribed by law) without any preference amongst themselves. The Notes are not deposits insured under the CDIC Act. The Notes are not subject to Canada’s bank resolution powers. 3.1.5 Description of restrictions on free transferability of the securities: The Notes are freely transferable (subject to all applicable laws). However, there are restrictions on the offer and sale of the Notes. The Issuer and Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London EC2V 6ET (the "Dealer") have agreed restrictions on the offer, sale and delivery of the Notes and on distribution of offering materials in the European Economic Area, the United Kingdom, Canada and the United States of America. 3.2 Where will the securities be traded? Application will be made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Main Market of the London Stock Exchange plc (“London Stock Exchange”) and to the Official List of the UK Financial Conduct Authority (“FCA”) with effect on or around the issue date. 3.3 What are the key risks that are specific to the securities? Key risks relating to the Notes include: • Risks related to Preference Share Linked Notes: The Final Redemption Amount of the Notes is dependent upon changes in the market value of the relevant Preference Shares, which may fluctuate up or down depending on (A) the performance of the FTSE 100 Index and the EURO STOXX 50® Index, as set out in the Preference Share Conditions and(B) the financial condition and standing of...
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Related to Worst Performing Index Performance

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • 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)]

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.