Reference Asset Value definition

Reference Asset Value means the amount determined by the Issuer at its sole discretion as the value of the Reference Asset taking into consideration the market value of the Reference Asset at the time of determination, including, without limitation in relation to a Stop Loss Event, taking into consideration the market value of the Reference Asset while unwinding its hedge position during the Stop Loss Valuation Period. Where the Reference Asset is denominated in a currency other than Australian dollars, divided by the Fixed Exchange Rate for an FX Hedged MINI.
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Reference Asset Value means the value expressed as a percentage equal to the bidside market value of the Reference Asset (including accrued but unpaid interest). For the purpose of determining the bidside market value of the Reference Asset, the Calculation Agent shall attempt to obtain firm bid quotations from at least [3][●] Dealers in accordance with prevailing market practice at the applicable time for a Nominal Amount equal to the Aggregate [Insert if Leverage Factor is applicable: Leveraged] Reference Asset Nominal Amount. The Reference Asset Value shall be equivalent to
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Reference Asset Value for each Share Class means on any Valuation Day:
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Examples of Reference Asset Value in a sentence

  • In Scenario 1, the Reference Asset Value steadily climbs throughout the Investment Term.

  • In Scenario 3, the Reference Asset Value rises slightly and finishes just above the starting level by the end of the Investment Term.

  • An impairment is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined had no impairment been recognized.

  • On each Calculation Day, the Calculation and Paying Agent will calculate the Reference Asset Value and the Structuring Fee.

  • The Reference Asset Value is determined by the Issuer in its sole discretion as the value of the Reference Asset taking into consideration the market value of the Reference Asset at the time of determination.

  • The Reference Asset Value is determined by the Issuer in its sole discretion as the value of the Reference Asset taking into consideration the market value of the Reference Asset at the time of determination.The Exercise Notice can be found at the end of the PDS.

  • How does the Issuer calculate the Termination Amount if I send them a valid Exercise Notice?The Termination Amount is calculated in accordance with the following formula: MINI Long: MAX [((Reference Asset Value - Strike Price on the Valuation Date) * the Conversion Ratio) – Exercise Fee, 0] MINI Short: MAX [((Strike Price on the Valuation Date - Reference Asset Value) * the Conversion Ratio) – Exercise Fee, 0] The Exercise Fee is capped at 2% of the Strike Price on the Valuation Date.

  • For a MINI Long this will be, the greater of:(Reference Asset Value - Strike Price on the Stop Loss Event Date) * Conversion Ratio; and zero Assuming that the ASX Stock 1 price continues to fall and the Issuer determined the Reference Asset Value to be $24.00, then the Stop Loss Value will be calculated as follows: Stop Loss Value = ($24.00 - $20.0044) * 1= $3.9956 This equates to a loss of $4.00 per MINI which is equivalent to a 50% loss.

  • You should be aware that if there isa Market Disruption Event on the relevant date, then it is at the Issuer’s discretion if they use another date to determine the Reference Asset Value or if the Issuer determines the Reference Asset Value in good faith.

  • The examples below demonstrate how the Reference Asset Value is calculated, and what Investors get during the Investment Term and at Maturity, depending on whether the Reference Asset Value over the life of the investment has been negative, positive or neutral.7.2 WHAT DO INVESTORS RECEIVE AT MATURITY?At Maturity, Investors (or the Issuer’s nominee on behalf of the Investors) will receive the Delivery Parcel.

Related to Reference Asset Value

  • Reference Asset means a reference asset of the relevant Index or Investment Strategy in respect of a Series of ETP Securities as specified in the Final Terms.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

  • Adjusted Net Assets of such Guarantor at any date shall mean the lesser of (1) the amount by which the fair value of the property of such Guarantor exceeds the total amount of liabilities, including contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Guarantee of such Guarantor at such date and (2) the amount by which the present fair salable value of the assets of such Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Guarantor on its debts (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), excluding debt in respect of the Guarantee of such Guarantor, as they become absolute and matured.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the