Determined Performance Rate definition
Determined Performance Rate means, for each Calculation Date, the Performance Rate of the Basket Stock whose Performance Rate is the highest of all Basket Stocks in the Basket on such Calculation Date.
Examples of Determined Performance Rate in a sentence
For all Calculation Dates occurring after such Calculation Date, the Basket Stock whose Performance Rate was used to determine the Determined Performance Rate and the Weighted Determined Performance Rate for such Calculation Date shall be removed from the Basket and its Performance Rate will no longer be determined.
Based on such determinations, the Calculation Agent shall determine the Determined Performance Rate and the Weighted Determined Performance Rate for such Calculation Date.