Protection Value definition
Protection Value means, expressed as a percentage of the Principal Amount, the present value of the premium leg, as determined by the Determination Agent in the manner set out below on each Interest Determination Date, of a Hypothetical Credit Default Swap (as defined below) in relation to the Reference Entity.
Protection Value means, in respect of any CPPI Index Valuation Date, the Nominal Amount, i.e. EUR 1,000;
Protection Value means, in respect of any CPPI Index Valuation Date, the Nominal Amount, i.e. EUR 1,200;
More Definitions of Protection Value
Protection Value. Has the meaning set forth in Section 1.2(d)(ii).
Protection Value. The value of unvested RSU units, as on August 17, 2023, from the grants made on April 21, 2021 and April 21, 2022 [excluding Supercharge WNS Equity Program Grant] multiplied by the average of daily closing WNS share price for the month of August 2023.