Gearing Down definition

Gearing Down means the percentage specified as such in the applicable Final Terms; "Gearing Up" means the percentage specified as such in the applicable Final Terms;".DESCRIPTION OF BNPP INDICES The Description of BNPP Indices is amended as follows:
Gearing Down means 100%;
Gearing Down means 100 per cent.; "Gearing Up" means 100 per cent.; "Option Down" means Down Call; "Option Up" means Up Call;"Settlement Price Date" means each Observation Date;

Examples of Gearing Down in a sentence

  • If a Knock-out Event has occured :Constant Percentage 2 + Gearing Down x Option Down Constant Percentage 1 means 100% Gearing Up means a level expected to be about 300% but which will not be less than 250% as determined by the Issuer on Trade Date after the end of the Offer Period.

  • Small cylinders, such as lecture bottles, are not fitted with rupture devices and may explode at high temperatures.

  • Final PayoutSPS Payout: Indexation ProductsCerti Plus: Generic Securities Constant Percentage 1 + Gearing Up x Option Up + Gearing Down x Option DownWhere:Constant Percentage 1 means 100%.Gearing Up means 200%.

  • If a Knock-out Event has occured:Constant Percentage 2 + Gearing Down x Option Down Where: Constant Percentage 1 means 100%.

  • Final Payout SPS PayoutsCerti plus: Generic Securities: Constant Percentage 1 + Gearing Up x Option Up + Gearing Down x Option Down where:“Constant Percentage 1” means 100%.

  • Final Payout: SPS Payout:Indexation Securities Certi Plus : Generic Securities Constant Percentage 1+ Gearing Up × Option Up + Gearing Down × Option Down Where: "Constant Percentage 1" is 100 per cent.

  • Constant Percentage 1 + Gearing Up× OptionUp + Gearing Down ×Option Down Where: Constant Percentage 1 means 105%.

  • Gearing Down means 100% Option Up means Up Call Option Down means Down Put Up Call meansMax (Up Final Redemption Value – Up Strike Percentage; Up Floor Percentage) Down Put means Max (Down Strike Percentage – Down Final Redemption Value; Down Floor Percentage) Up Strike Percentage means 100% Down Strike Percentage means 100% Up Floor Percentage means 0% Down Floor Percentage means 0%Up Final Redemption Value: Underlying Reference Value.

  • If a Knock-in Event has occurred:Constant Percentage 2 + Gearing Down x Option DownWhere: Constant Percentage 1 is equal to 100% Gearing Up means G% G% is a percentage expected to be about 600% but which will not be less than 450% as determined by the Issuer on Trade Date after the end of the Offer Period.

  • Gearing Down Throughout the entire process, focus group interaction defined and directed this design project through the eyes and minds of a dedicated core of participants.


More Definitions of Gearing Down

Gearing Down means the percentage specified as such in the applicable Final Terms; “Gearing Up” means the percentage specified as such in the applicable Final Terms; “i” means the relevant SPS Valuation Date or SPS Valuation Period;

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