Cap Level definition

Cap Level means the Cap Level as specified in § 1 of the Product and Underlying Data. "Change in Law" means that due to
Cap Level means 35.00% return on the Deposit Notes; “Closing Date” means on or about June 7, 2021;
Cap Level has the meaning provided in Section 2.2(d). The Cap Level shall be subject to adjustment in connection with Potential Adjustment Events and Merger Events as provided in Article 7.

Examples of Cap Level in a sentence

  • During the term of this Master Contract the Container Royalty Cap shall be at the following levels: Effective Date Cap Level October 1, 2004 October 1, 2006 October 1, 2008 October 1, 2009 — 58 million tons — 63 million tons — 68 million tons — 73 million tons The Container Royalty Cap levels exclude containerized tons in the Port of Miami/Port Everglades upon which First and Third Container Royalties are each paid at the rate of 55 cents per weight ton.

  • During the term of this Master Contract the Container Royalty Cap shall be at the following levels: Effective Date Cap Level October 1, 2004 58 million tons October 1, 2006 63 million tons October 1, 2008 68 million tons October 1, 2009 73 million tons The Container Royalty Cap levels exclude containerized tons in the Port of Miami/Port Everglades upon which First and Third Container Royalties are each paid at the rate of 55 cents per weight ton.


More Definitions of Cap Level

Cap Level means the Initial Share Price multiplied by 135% (rounded upward or downward to the nearest 1/10,000th or, if there is not a nearest 1/10,000th, to the next lower 1/10,000th), as adjusted in accordance with the provisions of Article 7.
Cap Level has the meaning (where applicable) specified in the Final Termsheet.
Cap Level means, when the Cap feature applies, the value specified in the relevant Final Terms, expressed as either (i) the product between the Cap Percentage and the Underlying Initial Value, or (ii) a predetermined value.
Cap Level is specified in the Final Termsheet (where applicable).
Cap Level means 30.00% return on the Deposit Notes; “Closing Date” means on or about January 10, 2022;
Cap Level means the Cap Level as specified [in the column "Cap Level" in Table [●]] in
Cap Level means “Cap Level Percentage” x Strike Price Underlying Reference Level: Standard Underlying Reference Level: Applicable Payout Switch: Not applicableAggregation: Not applicable