Observation Date means each date specified as an Observation Date in the applicable Final Terms, or if any such date is not a Scheduled Trading Day, the immediately following Scheduled Trading Day unless, in the opinion of the Calculation Agent, any such day is a Disrupted Day. If any such day is a Disrupted Day, then the provisions contained in the definition of "Averaging Date" shall apply mutatis mutandis as if references in such provisions to "Averaging Date" were to "Observation Date";
Observation Date is as defined in Condition 20 (in the case of Warrants) and 28 (in the case of Certificates);
Observation Date means [specify Observation Date(s)] [the Observation Date(s) specified in the Table [1] above]. [If such date is not a Calculation Date, the immediately following Calculation Date shall be the Observation Date.]]
Examples of Observation Date in a sentence
The Calculation Agent shall give notice as soon as practicable to the Holders in accordance with General Condition 11 of the occurrence of a Disrupted Day on any day that, but for the occurrence of a Disrupted Day, would have been the Strike Date, an Averaging Date, an Observation Date or a Valuation Date, as the case may be or on a Knock-in Determination Day or a Knock-out Determination Day, as the case may be.
For the avoidance of doubt: For each Observation Date the Coupon shall be paid only once.
If these requirements are not met, no Coupon is paid in relation to this Observation Date.
If the Price of all Underlyings on such date is equal to or higher than the respective Express Level, the UBS Memory Express (Multi) Certificates will expire early on such Observation Date and the Securityholder is entitled to receive the Nominal Amount plus the Additional Amount.
The Calculation Agent shall give notice as soon as practicable to the Holders in accordance with W&C Security Condition 10 or Note Condition 16, as applicable, of the occurrence of a Disrupted Day on any day that, but for the occurrence of a Disrupted Day, would have been the Strike Date, an Averaging Date, an Observation Date, the Automatic Early Redemption Valuation Date or a Valuation Date as the case may be.
More Definitions of Observation Date
Observation Date means each date specified as an Observation Date in the applicable Final Terms. The provisions contained in the definition of "Averaging Date" shall apply mutatis mutandis as if references in such provisions to "Averaging Date" were to "Observation Date";
Observation Date means each date so specified in the relevant Final Terms, provided that if "Observation Date subject to Averaging Date or Valuation Date adjustment" is specified to be applicable in respect of such date in the relevant Final Terms, then the provisions of Asset Term 2 shall apply to such date as if it were an Averaging Date or a Valuation Date, as the case may be.
Observation Date means the dates specified as such in the applicable Final Terms or, if any such day is not a Scheduled Custom Index Business Day, the immediately succeeding Scheduled Custom Index Business Day unless, in the opinion of the Calculation Agent, such day is a Disrupted Day, in which case the provisions of Index Security Condition 0 (Modification and Cessation of Calculation of a Custom Index and Custom Index Disruption) below shall apply;
Observation Date means the fifth Banking Day prior to each Redemption Date and each Call Date and the Maturity Date. If such day is not a Calculation Date, the immediately following day, which is a Calculation Date, shall be the respective Observation Date. The respective Redemption Date or the respective Call Date or the Maturity Date will be postponed accordingly. Interest shall not be payable due to such postponement.
Observation Date. The Observation Date(n=1) means 30 March 2015, the Observation Date(n=2) means 30 June 2015, the Observation Date(n=3) means 30 September 2015, the Observation Date(n=4) means 30 December 2015, the Observation Date(n=5) means 30 March 2016, the Observation Date(n=6) means 30 June 2016, the Observation Date(n=7) means 30 September 2016, the Observation Date(n=8) means 30 December 2016, the Observation Date(n=9) means 30 March 2017, the Observation Date(n=10) means 30 June 2017, the Observation Date(n=11) means 2 October 2017, the Observation Date(n=12) means 2 January 2018, the Observation Date(n=13) means 3 April 2018, the Observation Date(n=14) means 2 July 2018, the Observation Date(n=15) means 1 October 2018, and the Observation Date(n=16) means the Expiration Date. The term “Observation Date” shall also refer to all Observation Dates(n=1) to (n=16). If one of these days is not an Underlying Calculation Date in relation to an Underlying(i), the immediately succeeding Underlying Calculation Date is deemed to be the relevant Observation Date in relation to all Underlyings.
Observation Date and the relevant "Automatic Early Redemption Date" in respect of the Observation Date means each date specified under the column "Observation Date" or "Automatic Early Redemption Date", as the case may be, in the table below. The following applies with respect to the Observation Date: If this day is not an Index Business Day, the immediately succeeding Index Business Day is deemed to be the relevant Observation Date in relation to the Index. If this day is a Disrupted Day, as determined by the Calculation Agent in its sole and absolute discretion, the immediately succeeding Index Business Day that is not a Disrupted Day is deemed to be the Observation Date unless each of the five Index Business Days immediately following the original day is a Disrupted Day. In that case the provisions of §4c(4)(a) and (b) in relation to the Index Valuation Date shall apply accordingly to the Observation Date. Observation Date: 5.12.2011 5 Business Days after the Observation Date
Observation Date and the relevant "Automatic Early Redemption Date" in respect of the Observation Date means each date specified under the column "Observation Date" or "Automatic Early Redemption Date", as the case may be, in the table below. The following applies with respect to the Observation Date: If this day is not an Index Business Day, the immediately succeeding Index Business Day is deemed to be the relevant Observation Date in relation to the Index. If this day is a Disrupted Day, as determined by the Calculation Agent in its sole and absolute discretion, the immediately succeeding Index Business Day that is not a Disrupted Day is deemed to be the Observation Date unless each of the five Index Business Days immediately following the original day is a Disrupted Day. In that case the provisions of §4c(4)(a) and (b) in relation to the Index Valuation Date shall apply accordingly to the Observation Date(i). Observation Date(i) Automatic Early Redemption Date Observation Date(i=1): 03.04.2012 5 Business Days after the Observation Date(i=1) Observation Date(i=2): 03.10.2012 5 Business Days after the Observation Date(i=2) Observation Date(i=3): 03.04.2013 5 Business Days after the Observation Date(i=3)