Examples of Official Closing Level in a sentence
Official Closing Level: As described under “Additional Terms of the Notes –– Official Closing Level” on page S-86 of the accompanying Equity Index Underlying Supplement.
The Official Closing Level of the Index will be used in all cases.
Final Underlier Level: The Official Closing Level of the Underlier on the Determination Date.
The Official Closing Level of the Index will be used in all cases.If any date mentioned in this Clause 5 does not fall on a day on which banks are open for business in London and Dublin, unless otherwise stated, the next day on which they are open will be used in its place.
If, for any reason whatsoever, the Issuer is unable to sell the relevant Delivery Parcel at the Official Closing Level on the Trading Day immediately following the Maturity Date, the Investor irrevocably authorises the Issuer to use its best endeavours to sell the relevant Delivery Parcel as soon as practicable at the best price the Issuer can obtain.