Call Level definition
Examples of Call Level in a sentence
This Global Note shall be automatically called and subject to mandatory redemption if the closing level of the Index on any Observation Date is greater than or equal to the applicable Call Level.
These funds are due and payable to us immediately on your Total Equity falling below the Margin Call Level for all your open Contracts.
If there is any shortfall between your Total Equity and the Margin Call Level for all your open Contracts, you are required deposit additional funds into your account so that there is no shortfall.
We also may describe the Market Measure in an additional supplement to the prospectus, which we refer to as an “index supplement.” • The notes will be automatically called if the Observation Level (as defined below) of the applicable Market Measure on any Observation Date (as defined below) is greater than or equal to the applicable Call Level (as defined below) for that Observation Date, all as set forth in the applicable term sheet.
As a result, your notes may not be called, and you may receive at maturity less than the Original Offering Price of your notes, even if the value of the Market Measure has increased (or in the case of bear notes, decreased) at certain times during their term before decreasing to a value below the applicable Call Level and Threshold Value (or, in the case of bear notes, increasing to a value above the Call Level or Threshold Value) on the applicable Observation Dates.