Worst Performing Index Performance definition

Worst Performing Index Performance means, in respect of an Auto Call Valuation Date or the Valuation Date, the lowest Index Performance of the Indices in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.
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Worst Performing Index Performance means, in respect of the [last occurring] Valuation Date [or an Observation Date], the lowest Index Performance of the Indices in respect of such Valuation Date [or Observation Date], provided that if two or more Index Performances in respect of the Valuation Date [or Observation Date] are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
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Worst Performing Index Performance means, in respect of a Digital Valuation Date, Autocall Valuation Date, Barrier Valuation Date or the Valuation Date, as the case may be, the lowest Index Performance of the Indices in respect of such date.
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Examples of Worst Performing Index Performance in a sentence

  • Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Worst Performing Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

  • In relation to a basket of Indices, the Calculation Agent will take the Index Performance of the worst performing Index (the "Worst Performing Index Performance") in the relevant basket in order to make the necessary calculations.

  • The Index Performance or Worst Performing Index Performance on an Auto-Call Valuation Date is a percentage representing any appreciation or depreciation in the relevant Index or worst performing Index on an Auto-Call Valuation Date in comparison to the initial level of the relevant Index or the worst performing Index comprised in a basket of Indices.

  • Worst Performing Index Performance means, in respect of an Auto-Call Valuation Date or the Valuation Date, as the case may be, the lowest IndexPerformance of the Indices in respect of such date.

  • Worst Performing Index Performance means, in respect of a Digital Valuation Date, an Auto-Ca l Valuation Date or the Valuation Date, as the case may be, the lowest IndexPerformance of the Indices in respect of such date.

  • Comparing the Index Performance of the FTSE 100 Index and the S&P 500 Index, the FTSE 100 Index is the worst performing Index and so the Worst Performing Index Performance is 96.49%.

  • Therefore, an investor will be entitled to an amount on redemption equal to the principal amount of the Note multiplied by the Worst Performing Index Performance.

  • Worn by Public Safety Aides assigned to the Marine Unit, but only while performing those duties.(1).

  • In this case, the Worst Performing Index Performance (96.49%) is lower than the Barrier Level (100%).

  • Therefore, the Index Performance of S&P 500 Index is 106%.Comparing the Index Performance of the FTSE 100 Index and the S&P 500 Index, the S&P 500 Index is the worst performing Index and so the Worst Performing Index Performance is 106%.(2) Is the Worst Performing Index Performance equal or greater than the Auto-Call Trigger Level?In this case, the Worst Performing Index Performance (106%) is greater than the Auto-Call Trigger Level (95%).


More Definitions of Worst Performing Index Performance

Worst Performing Index Performance means the lowest Index Performance determined in accordance with the definition of "IndexPerformance" above. In addition, as the Notes are Autocallable Redemption Notes , they may be redeemed if, on an Auto-Call Valuation Date, the Worst Performing IndexPerformance is equal to or greater than the Auto-Call Trigger Level specified below. In such circumstances the Noteholder would be entitled to an Early Redemption Amount, being a cash amount equal to the principal amount of the Note multiplied by the Auto-Call Trigger Rate, specified below.For these purposes:
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Worst Performing Index Performance means, in respect of a scheduled Auto Call Valuation Date, Digital Valuation Date or the scheduled Valuation Date, the lowest IndexPerformance of the Indices in respect of such scheduled Auto Call Valuation Date, Digital Valuation Date or such scheduled Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Ca l Valuation Date, Digital Valuation Date or such Valuation Date, as the case may be, are the same, the Calculation Agent shall determine which IndexPerformance shall constitute the Worst Performing Index Performance in respect of such day.
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Worst Performing Index Performance means, in respect of the Valuation Date, the lowest Index Performance of the Indices in respect of the Valuation Date, provided that if two or more Index Performances in respect of the Valuation Date are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
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Worst Performing Index Performance means the lowest Index Performance determined in accordance with the definition of "Index Performance" above.
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Worst Performing Index Performance means the Index Performance of the Worst Performing Index.• Early redemption: In certain circumstances (such as an illegality, a change in law that results in the Preference Share Issuer being subject to additional regulation or an external event affecting an underlying asset to which the Preference Shares are linked)), the Preference Share Issuer may redeem the Preference Shares early at the Preference Share Early Redemption Amount, which is an amount calculated by the Calculation Agent as the fair market value of a Preference Share as of the Preference Share Early Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, 3.1.4 Relative seniority of the securities in the Issuer’s capital structure in the event of insolvency: The Notes are Senior Notes and constitute deposit liabilities of the Issuer for purposes of the Bank Act. The Notes will rank pari passu with all deposit liabilities of the Issuer (except as otherwise prescribed by law) without any preference amongst themselves. The Notes are not deposits insured under the CDIC Act. The Notes are not subject to Canada’s bank resolution powers. 3.1.5 Description of restrictions on free transferability of the securities: The Notes are freely transferable (subject to all applicable laws). However, there are restrictions on the offer and sale of the Notes. The Issuer and Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London EC2V 6ET (the "Dealer") have agreed restrictions on the offer, sale and delivery of the Notes and on distribution of offering materials in the European Economic Area, the United Kingdom, Canada and the United States of America. 3.2 Where will the securities be traded? Application will be made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Main Market of the London Stock Exchange plc (“London Stock Exchange”) and to the Official List of the UK Financial Conduct Authority (“FCA”) with effect on or around the issue date. 3.3 What are the key risks that are specific to the securities? Key risks relating to the Notes include: • Risks related to Preference Share Linked Notes: The Final Redemption Amount of the Notes is dependent upon changes in the market value of the relevant Preference Shares, which may fluctuate up or down depending on (A) the performance of the FTSE 100 Index and the EURO STOXX 50® Index, as set out in the Preference Share Conditions and(B) the financial condition and standing of...
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Worst Performing Index Performance means the Index Performance of the Worst Performing Index.
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Related to Worst Performing Index Performance

  • Worst Performing Index means the Index for which the performance is the lowest in accordance with the definition of WOfinal

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Basket Performance means a decimal number calculated by applying the following formula: BP = ∑ W ×iX ⎛⎜⎜i=1 ⎝ Underlyingi,FINAL ⎞⎟⎠Underlyingi,INITIAL ⎟ where: BP = Basket Performance X = 8 Wi = Weighting of the relevant Underlying Underlying i,FINAL Underlying i,INITIAL= Arithmetic mean of the Reference Prices of the relevant Underlying with respect to all Averaging Dates = Initial Price of the relevant Underlying

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Financial Performance Covenants means the covenants of the Borrower set forth in Sections 6.10 and 6.11.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Sexually explicit performance means a live or public act or show intended to arouse or satisfy the sexual desires or appeal to the prurient interest of patrons.