Examples of Knock Out Event in a sentence
Upon the occurrence of a Knock-out Event, the term of the Securities ends and the Security Holder suffers a total loss of the amount paid to purchase the Securities.
The risk of the occurrence of a Knock-out Event may increase significantly due to the regular adjustment of the Knock-out Barrier.
They continue until the exercise of the Exercise Right by the Security Holder or the exercise of the Issuer’s Regular Call Right by the Issuer, unless a Knock-out Event occurs.
This however, does provide taxpayers with the opportunity of using companies to hold their investment portfolios in order to postpone the payment of the dividends tax.
If the Index is cancelled or replaced or if the Index Sponsor is replaced by another person, company or institution not acceptable to the Issuer in its reasonable discretion (billiges Ermessen, § 315 German Civil Code (BGB)), the Issuer will determine in its reasonable discretion (billiges Ermessen, § 315 German Civil Code (BGB)) another index on the basis of which the Cash Amount and the occurrence of a Knock-out Event will be determined (the "Successor Index").