Worst Performing Reference Asset definition

Worst Performing Reference Asset means the Reference Asset with the lowest performance calculated as follows:

Worst Performing Reference Asset means the Reference Asset with the lowest Reference Asset Performance, as determined by Citi;

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

Examples of Worst Performing Reference Asset in a sentence

• Otherwise, a cash amount equal to the Calculation Amount multiplied by the Valuation Price of the Worst Performing Reference Asset on the Final Valuation Date and divided by the Strike Price of the Worst Performing Reference Asset.

• If, in respect of the Worst Performing Reference Asset, the Valuation Price on the Final Valuation Date is at or above the Knock-in Barrier Price, a cash amount equal to the Calculation Amount.

• If in respect of the Worst Performing Reference Asset, the Valuation Price on the Final Valuation Date is at or above the relevant Strike Price, the Securityholder shall receive the Final Cash Settlement Amount.

• Represents stock option grants at fair market value on the date of grant.

• If, in respect of the Worst Performing Reference Asset, the Valuation Price on the Final Valuation Date is at or above the Barrier Price, a cash amount equal to the Calculation Amount.

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

• 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.

• You employer has the right to revise this job description at any time.

• We see this yet another example of the support of the Fijian government for USP and recognition of the role we play in the development of Fiji and our other member countries.

• Otherwise, a cash amount equal to the Calculation Amount multiplied by the Valuation Level of the Worst Performing Reference Asset on the Final Valuation Date and divided by the Strike Level of the Worst Performing Reference Asset.

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 two or more Reference Assets have the same lowest 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).