Settlement Level definition
Settlement Level means, with respect to an Index and a Valuation Date, the level determined as provided in the relevant Final Terms or, if no such level is so provided (a) the level of the relevant Index as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on the Valuation Date or (b) with respect to a Multiple Exchange Index, the official closing level of the Index on the Valuation Date as calculated and published by the Index Sponsor or (c) if Averaging Dates are specified in the relevant Final Terms in respect of such Valuation Date, the arithmetic average as determined by the
Settlement Level means, and subject as referred to in Automatic Early Expiration Valuation Date, Averaging Date, Knock-in Determination Day, Knock-out Determination Day, Observation Day, or Valuation Day, as the case may be:
Settlement Level means a settlement area;
More Definitions of Settlement Level
Settlement Level means, in respect of a Share Index and:
Settlement Level means, subject as referred to in relation to any Settlement Level Date:
Settlement Level of the Reference Portfolio means, subject to a Market Disruption (§ 9 (3)), the Level of the Reference Portfolio as calculated by the Calculation Agent in relation to the Valuation Date.