Examples of Observation Dates in a sentence
In case the price of the Underlying(s) reaches certain level(s) on specific Observation Dates, as specified in the applicable Product Terms, the Securities will be early redeemed prior to the Maturity Date.
If the UBS Autocallable/Express Securities did not expire early on any of the previous Observation Dates, the UBS Autocallable/Express Securities will be redeemed at the Maturity Date, as specified in the applicable Product Terms.
On the first and second Observation Dates, no Autocall Redemption Event would occur because the Closing Level at each such Observation Date is below the Autocall Redemption Level.
Trigger Observation Date(s) with respect to any Trigger Redemption Date, the relevant Trigger Observation Date(s) specified in Table B.2, being the date(s) on which the Level is observed for purposes of determining whether a Trigger Event has occurred.
In this example, there is a Digital Payout Event on 10 of the 20 Observation Dates.