Examples of Underlying Asset in a sentence
Underlying Asset(s)(Interest)/ Underlying Asset(s)(Autocall Settlement)/ Underlying Asset(s)(Final Settlement)/ Underlying Asset(s)(Downside):A " Basket" comprising the following: Underlying Asset 1 is FERRARI NV.
Example 3 – Automatic Early Exercise: The Reference Price of the Underlying Asset for the third Valuation Date is greater than or equal to the Autocall Level.
Autocall Level: In respect of an Autocall Observation Date and the Underlying Asset, the percentage of the Asset Initial Price of such Underlying Asset set forth in the Autocall Table in the column "Autocall Level" in the row corresponding to such Autocall Observation Date.
Example 2 – no Automatic Early Exercise: The Reference Price of the Underlying Asset for the first Valuation Date is less than the Autocall Level.
Max Lookback-in: Not Applicable (b) Initial Price(Settlement): In respect of each Underlying Asset, the valuation price of the Underlying Asset on the Initial Valuation Date.