Kick-Out Level definition

Kick-Out Level for each relevant year means the average of the closing levels of the FTSE 100 for the 5 Business Days up to and including the relevant Kick-Out Date.

Kick-Out Level means, in relation to any Kick-Out Date the average of the closing levels of the FTSE 100 over the 5 Business Days up to and including the relevant Kick-Out Date.

Kick-Out Level for each year means the average of the closing levels of the FTSE 100 for the five Business Days up to, and including,

Examples of Kick-Out Level in a sentence

• Product specific risks Loss PotentialInvestors may lose some or all of the investment as they are fully exposed to the performance of the Underlying.Capital Protection (at Expiry)NoneRisk Potential in comparison to a direct investment in the UnderlyingThe Kick-Out Level limits the risk exposure compared to a direct investment.

• However, once the Kick-Out Level is touched, the risk potential is similar as with a direct investment in the Underlying.Issuer Call rightNoneStop Loss EventNoneExtraordinary termination riskThe Product contains terms and conditions that allow the Issuer to terminate and redeem the Product prior to the Redemption Date.

• This will occur if the respective Closing Level of the Underlying Asset, on an annual Observation Date, is equal to or above its respective Kick-Out Level.

• This will occur if the respective Closing Level of the Underlying Asset, on any annual Observation Date from Year 2, is equal to or above its respective Kick-Out Level.

• For all options, if the Kick-Out Level is equal to or below the Initial Index Level, the Plan will continue.

More Definitions of Kick-Out Level

Kick-Out Level means the average of the closing levels of the FTSE 100 for the relevant Kick-Out Date and the four previous Business Days on which the FTSE 100 is open.

Kick-Out Level means the closing levels of the FTSE 100 or the S&P 500 on the relevant Kick-Out Date.

Kick-Out Level means, in relation to any Kick-Out Date the the closing level of the FTSE 100 on the relevant Kick-Out Date.

Kick-Out Level means the official closing level of the Index on any Maturity Date.

Kick-Out Level means, in relation to the FTSE 100, the average of the closing levels on the relevant Kick-Out Date and the 4 previous Business Days on which both the FTSE 100 and the S&P 500 are both open and, in relation to the S&P 500 the average of the closing levels on the relevant Kick-Out Date and the 4 previous Business Days on which both the FTSE 100 and the S&P 500 are open.

Kick-Out Level for each year means the closing levels of the EURO STOXX 50® Index for the relevant

Kick-Out Level means the reference level that all of the underlying assets must record at the close of an anniversary date in order for a kick out event to occur as specified in the Schedule;