Examples of Observation Date in a sentence
As the occurrence of the First Early Termination Event on the First Observation Date, or the Second Early Termination Event on the Second Observation Date is depending upon the Relevant Price of the Index on any such Observation Date being higher than or equal to the Initial Level, the actual tenor of the Securities will be dependant from the performance of the Index over the Initial Level on the mentioned Observation Dates.
The Settlement Date of the Securities (and therefore the tenor of the Securities) will vary depending upon the occurrence of the First Early Termination Event on the First Observation Date, or the Second Early Termination Event on the Second Observation Date, so that where neither the First Early Termination Event has occurred on the First Observation Date nor the Second Early Termination Event has occurred on the Second Observation Date the Settlement Date of the Securities will be 30 March 2016.
Settlement Date: The settlement date for the Securities is: - where the First Early Termination Event has occurred on the First Observation Date: 28 March 2014 (the “First Early Termination Date”); or - where the Second Early Termination Event has occurred on the Second Observation Date: 30 March 2015 (the “Second Early Termination Date”); - where no Early Termination Event has occurred on any prior Observation Date: 30 March 2016 (the “Scheduled Termination Date”).