Examples of Basket Performance in a sentence
Supplier acknowledges and understands that as a U.S. public company, Manitowoc is required to comply with the requirements of Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd Frank”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Manitowoc to report the use of Conflict Minerals in the manufacture of its products.
In this Example, the Settlement Amount payable per Certificate (of the Calculation Amount) on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by(ii) the sum of (a) the Protection Level, plus (b) the product of (I) the Participation, multiplied by (II) the greaterof (a) zero, and (b) the difference between (I) the Basket Performance, minus (II) the Strike, i.e., SEK 10,000.
Example 3 – negative scenario: The Basket Performance is equal to or less than zero.
Example 2 – neutral scenario: The Basket Performance is equal to 0.10.
In the case set forth under (ii), the Redemption Amount will be below the Exposure Amount and, if the Basket Performance is 0 (zero), there will be no Redemption Amount payable at all.