Examples of Strike Level in a sentence
The Additional Amount is calculated as the product of the Participation Ratio, the Principal Amount of the Notes, and the difference between the final value of the Basket and the Basket Strike Level, provided that the Basket has, on every Valuation Date during the lifetime of the Notes, performed at or above the predefined Barrier Level.
The Additional Amount is calculated as the product of the Participation Ratio, the Principal Amount of the Notes, and the difference between the final value of the Basket and the Basket Strike Level, if the Basket has not, on any Valuation Date during the lifetime of the Notes, performed at or below a predefined Barrier Level.
The Warrants were issued on 17 February 2011 and are standard European style warrants that are intended to provide investors with a payout upon expiry calculated by reference to the excess of (i) in the case of the Call Warrants, the Closing Level of the Nikkei 225 Stock Average Index (the “Index”) on the Valuation Date over the Strike Level; or (ii) in the case of the Put Warrants, the Strike Level over the Closing Level of the Index on the Valuation Date.
In addition, and with respect to Call Warrants with delivery, the Investor undertakes to pay an amount equal to the Strike Level multiplied by the number of Shares to which the exercised Warrants relate (the "Requisite Amount") in order to receive delivery of the Underlying.
The Additional Amount is calculated as the product of the Participation Ratio, the Principal Amount of the Notes, and the difference between the final value of the Basket and the Basket Strike Level, or, if higher, a pre- specified coupon level, provided that the Basket has, on every Valuation Date during the lifetime of the Notes, performed at or above the predefined Barrier Level.