Protection Level definition

Protection Level means the limit the Investor sets to his investment. If his capital reaches this level then all the positions shall be closed or he shall receive a notification to close all positions himself, according to his preferences. It is hereby understood that the protection Level shall not be guaranteed in the event of a Force Majeure including trading during Abnormal Market Conditions.

Protection Level or "PL" means 100 per cent. (expressed as 1).

Protection Level means a level that [exceeds the Factor Adjustment Reference Price] [falls below the Factor Adjustment Reference Price] by the percentage of [●].[“Roll-Over Adjustment” means the adjustment of the valueof the Factor Certificate during the Ordinary Daily Adjustment caused by a Roll-Over Event of the Underlying. During the Ordinary Daily Adjustment on the Effective Date ofthe Roll-Over the value is calculated based on the Roll-Over Future, i.e. ( ), where means the [●] of the Roll-Over Future on the preceding Factor Adjustment Date and “Roll-Over Future” means the Future, which was applicable as the Underlying immediately before the Roll-Over Event.]][Product Specific Termination. The Issuer will redeem the Securities at any time until the Maturity Date (including) following the first occurrence of any of the Product Specific Termination Events (as defined above). The Issuer will redeem the Securities in whole (but not in part) on the Product Specific Termination Date (as specified above) and will pay or cause to be paid the Product Specific Termination Amount (as specified above) in respect of such Securities to the relevant Securityholders for value of such Product Specific Termination Date, subject to any applicable fiscal or other laws or regulations and subject to and in accordance with these Terms and Conditions. Payments of any applicable taxes and redemption expenses will be made by the relevant Securityholder and the Issuer shall not have any liability in respect thereof. The Securityholders will neither receive any further payments (including interest, if any) under the Securities, nor receive any compensation for such earlyredemption.]End of Redemption Provisions][Reduced payments in case of a Credit Event. The Securityholder’s claim to receive [the (entire) Redemption Amount] [and] [interest] is conditional upon the non- occurrence of a Credit Event (as defined below). If a Credit Event occurs, [no further interest will be paid] [and] [the Redemption Amount will be reduced accordingly]. For the purposes of this additional provision: [“Credit Amount” means [[●]% of the Specified Denomination] [[●] per unit]. [The Issuer might reduce the Credit Amount to a minimum of [[●]% of the Specified Denomination] [[●] per unit] on the Initial Valuation Date.] ] “Credit Reference Entity” means [●]. Information on the Credit Reference Entity can be found on [●]. “Credit Reference Obligation” means [●]. “Credit Event Agent” means the Issuer.[“Credit Reduction Am...

Examples of Protection Level in a sentence

• Participation Factor, Floor Level of the Coupon and Capital Protection Level are determined and set as a fixed percentage according to prevailing market circumstances by the Investment Manager and communicated by the Management Company to prospective investors prior to the commencement of the Initial Subscription Period.

• Opening Protection Level ChartPlace an “X” in each row to identify all forms of protection in use for each opening type.

• Protection Level means a percentage of a minimum of 95%, to be determined and set as a fixed percentage according to prevailing market circumstances by the Investment Manager and communicated by the Management Company to prospective investors prior to the commencement of the Initial Subscription.

• NOTE: When the PL bounds the positioning error in the horizontal plane or on the vertical axis then it is called Horizontal Protection Level (HPL) or Vertical Protection Level (VPL) respectively.

• Integrity Protection Level (PL)The Protection Level (PL) is a real-time upper bound on the positioning error at the required degree of confidence, where the degree of confidence is determined by the TIR probability.

More Definitions of Protection Level

Protection Level means 100%;

Protection Level means the product between the Protection and the Underlying Initial Value.

Protection Level means a level that [exceeds the Factor Adjustment Reference Price] [falls below the Factor Adjustment Reference Price] by the percentage of [●].

Protection Level means the Protection Level as specified in § 1 of the Product and Underlying Data.

Protection Level or "PL" means 90 per cent. (90%) (expressed as 0.90).

Protection Level means [Insert Protection Level] [the Protection Level Level as specified in column "Protection Level" of the table in Annex [•]].]

Protection Level means 100 per cent.