Baskett definition

Baskett means a value (expressed as a percentage) determined by the Calculation Agent on each Interest Determination Date in accordance with the following formula:
Baskett means, in respect of an Observation Date “t”, the value determined by the Calculation Agent in accordance with the following formula:
Baskett means on each Calculation Datet:  PTF Basket×  t  − Feest − 1 PTF  t where: t − 1 

Examples of Baskett in a sentence

  • Director Baskett Seconded and it was carried by the following roll call vote.

  • Forest Baskett (“Baskett”), Ali Behbahani (“Behbahani”), Carmen Chang (“Chang”), Anthony A.

  • Cummins RO, Chamberlain DA, Abramson NS, Allen M, Baskett PJ, Becker L, et al.

  • Director Baskett made a Motion to accept the Demand Register as presented.

  • Directors Engel, Brown, Rafferty, Adams, and Baskett voted “Yes”.


More Definitions of Baskett

Baskett means a value (expressed as a percentage) determined by the Calculation Agent on the relevant Interest Determination Date in accordance with the following formula:
Baskett means the level of the Basket determined by the Calculation Agent as set out in paragraph 4 (Calculation of the Basket Level) below.
Baskett means the Basket Value on Observation Datet as determined in accordance with this paragraph 2.1. The "Basket Value" is calculated as follows:
Baskett means: 𝐵𝑎𝑠𝑘𝑒𝑡𝑡 = 𝐵𝑎𝑠𝑘𝑒𝑡𝑡−1Where: 𝐵𝑎𝑠𝑘𝑒𝑡∗𝑡 × ( − 𝐴𝐹 ×𝑡−1𝐵𝑎𝑠𝑘𝑒𝑡∗ 𝐴𝑐𝑡 (𝑡 − 1, 𝑡)360 )
Baskett means: ⎛ Basket * Act (t − 1, t ) ⎞⎜ *Basket t = Basket t −1 × ⎜ t − AF ×Basket⎟360⎝ t −1 ⎠ where:
Baskett means, in respect of a Strategy Level Determination Date (t), an amount calculated by the Calculation Agent, in accordance with the following formula: 4 25% × (𝑃𝑟𝑖𝑐𝑒𝑖 − 𝑃𝑟𝑖𝑐𝑒𝑖 )𝑖𝐵𝑎𝑠k𝑒𝑡𝑡−1 +∑ 𝑡 𝑡−1 𝑃𝑟𝑖𝑐𝑒𝑖=1 0
Baskett means, in relation to the Share, a percentage determined by the Calculation Agent on the last Valuation Date(t) as follows: (a) Final Price divided by (b) Initial Price.