Basket Component definition
Examples of Basket Component in a sentence
The Initial Component Weight for each Basket Component will be set forth in the applicable term sheet.
We will set a fixed factor (the “Component Ratio”) for each Basket Component, based upon the weighting of that Basket Component.
The value of the Basket will vary based on the increase or decrease in the value of each Basket Component.
The Component Ratio for each Basket Component will be calculated on the pricing date and will equal: • the Initial Component Weight (expressed as a percentage) for that Basket Component, multiplied by 100; divided by • the closing value of that Basket Component on the pricing date.
Any increase in the value of a Basket Component (assuming no change in the value of the other Basket Component or Basket Components) will result in an increase in the value of the Basket.