Redemption Amount linked to Reference Assets: Applicable. (i) Formula to determine the Redemption Amount and/or, as the case may be, quantity of Reference As- sets to be delivered: Subject to the Conditions of the Certificates and these Final Terms, the Issuer will pay the Redemption Amount to the Certificate Holders on the fifth Banking Day following the Valuation Date. In relation to each Series of Certificates, the Redemption Amount shall be determined by the Calculation Agent at the Valuation Date as follows:
1. if, on the Valuation Date, the Reference Price of the Refer- ence Asset is lower than or equal to the Cap, the Certificate Holders will receive in relation to each Certificate an amount in the Specified Currency calculated in accordance with the following formula: Reference Price x Parity
2. if, on the Valuation Date, the Reference Price of the Refer- ence Asset is higher than the Cap, the Certificate Holders will receive in relation to each Certificate an amount in the Speci- fied Currency calculated in accordance with the following formula:
Redemption Amount linked to Reference Assets: Applicable. (i) Formula to determine the Redemption Amount and/or, Subject to the Terms and Conditions of the Certificates, these Final Terms and the Certificates not being redeemed early at an as the case may be, quantity of Reference Assets to be delivered instead of Redemption Amount: Early Maturity Date, the Issuer will pay the Redemption Amount to the Certificateholders on the fifth Banking Date following the Valuation Date. In relation to each Series of Certificates, the Redemption Amount shall be determined by the Calculation Agent at the Valuation Date as follows:
1. if on the Valuation Date the Reference Price of the Share is higher than the Strike, the Certificateholders will receive in relation to each Certificate an amount in EUR calculated in accordance with the following formula:
2. if a Barrier Event has never occurred during the Observation Period and, on the Valuation Date, the Reference Price of the Share is lower than or equal to the Strike, the Certificateholders will receive in relation to each Certificate an amount in EUR calculated in accordance with the following formula:
3. If a Barrier Event has occurred during the Observation Period and, on the Valuation Date the Reference Price of the Share is lower than or equal to the Strike, the Redemption Amount will be calculated in accordance with the following formula: Where: