Worst Performing Reference Asset definition

Worst Performing Reference Asset means the Reference Asset with the lowest performance calculated as follows:
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Worst Performing Reference Asset means the Reference Asset with the lowest Reference Asset Performance, as determined by Citi;
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Worst Performing Reference Asset means, in respect of a Coupon Payment Date, the Reference Asset with the lowest Reference Asset Performance in respect of such Coupon Payment Date, as determined by the Calculation Agent (provided that if two or more Reference Assets have the same lowest Reference Asset Performance in respect of a Coupon Payment Date, then the Calculation Agent shall determine which such Share shall be the Worst Performing Reference Asset in respect of such Coupon Payment Date in its sole and absolute discretion, and such Reference Asset shall be the Worst Performing Reference Asset in respect of such Coupon Payment Date).SCHEDULE
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Examples of Worst Performing Reference Asset in a sentence

  • Where your Maturity Amount and/or any Coupon is calculated by reference to the Worst Performing Reference Asset, you will be exposed to the performance of the Worst Performing Reference Asset regardless of the performance of the other Reference Assets in the basket.

  • The maximum whole number of units of the Worst Performing Reference Asset less than or equal to the relevant Underlying Entitlement determined by the Determination Agent, provided that no fraction of the Worst Performing Reference Asset shall be delivered and Securityholders will be entitled to receive an amount in EUR rounded to the nearest unit of such currency determined on the basis of the Valuation Price of the Worst Performing Reference Asset on the Final Valuation Date in lieu of such fraction.

  • The maximum whole number of units of the Worst Performing Reference Asset less than or equal to the relevant Underlying Entitlement determined by the Determination Agent, provided that no fraction of the Worst Performing Reference Asset shall be delivered and Securityholders will be entitled to receive an amount in USD rounded to the nearest unit of such currency determined on the basis of the Valuation Price of the Worst Performing Reference Asset on the Final Valuation Date in lieu of such fraction.

  • The WOKI Series of Notes is not capital protected and you may receive a Maturity Amount or Exchange Parcel (as the case may be) which has a value significantly less than the Note Amount which you initially invested.If a Knock-in Event occurs, and the price or value of the Worst Performing Reference Asset declines to zero as at the Maturity Date, then you will not receive any Maturity Amount or Exchange Parcel.

  • However, you should also note that an asset which triggers a Knock-in Event may not be the Worst Performing Reference Asset on maturity.


More Definitions of Worst Performing Reference Asset

Worst Performing Reference Asset means the Reference Asset with the lowest Reference Asset Return, as determined by the Calculation Agent (provided that if each Reference Asset has the same Reference Asset Return, then the Calculation Agent shall determine which Reference Asset shall be the Worst Performing Reference Asset in its sole and absolute discretion, and such Reference Asset shall be the Worst Performing Reference Asset).
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Related to Worst Performing Reference Asset

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price.

  • Reference Amount means, for each share of Mandatory Convertible Preferred Stock, an amount equal to the sum of the following amounts:

  • Replacement Reference Rate means a reference rate which is: