Underlying definition

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

Underlying or "Share" means the share or security similar to shares as set out in the Table of Product Details. "Valuation Date" means the Exercise Date.

Underlying means a Basket consisting of the Basket Components.

Examples of Underlying in a sentence

• Whether Underlying Shares, or the cash value thereof, shall be issued or paid at settlement shall be determined based on the “Form of Settlement” specified in the Customizing Information.

• Notwithstanding the preceding provisions of this Section 4, delivery of Underlying Shares shall be made, or the amount of cash equivalent thereto shall be paid, only if the required purchase price designated as the “Purchase Price” shown in the Customizing Information per underlying RSU is paid to the Company by means of payment acceptable to the Company in accordance with the terms of the Plan.

• The Company shall honor exercises of the Warrants and conversions of the Preferred Stock and shall deliver Underlying Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.

• All fractional Underlying Shares and Dividend Equivalents settled in Stock resulting from the application of the Vesting Schedule or the adjustment provisions contained in the Plan shall be rounded down to the nearest whole share.

• The Company shall pay all Transfer Agent fees (including, without limitation, any fees required for same-day processing of any instruction letter delivered by the Company and any conversion or exercise notice delivered by a Purchaser), stamp taxes and other taxes and duties levied in connection with the delivery of the Preferred Stock, Warrants and Underlying Shares to the Purchasers.

More Definitions of Underlying

Underlying means the Underlying as specified in § 1 of the Product and Underlying Data. The Underlying is specified by the Index Sponsor and is calculated by the Index Calculation Agent.

Underlying means the index, rate, risk, measure, instrument, differential, indicator, value, contingency, occurrence, or extent of an occurrence the Expiration Value of which determines whether (and, in the case of a Variable Payout Contract, to what extent) a Contract is in-the-money.

Underlying means any Share.

Underlying or "Share" means the share or security similar to shares as set out in the Table of Product Details.

Underlying means the Index.

Underlying means the Underlying as specified in § 1 of the Product and Underlying Da- ta.

Underlying means the FX Exchange Rate as specified in the "Underlying" column in § 1 of the Product and Underlying Data.