Underlying Asset definition

Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

Underlying Asset means property of any description (including a currency or currency pair) or an index or other factor designated in a CFD Transaction to which reference is made to fluctuations in the value or price for the purpose of determining profits or losses under the CFD Transaction;

Underlying Asset means the financial instrument (i.e. stock, futures, commodity, currency, index) on which a derivative’s price is based.

Examples of Underlying Asset in a sentence

• The Asset Manager shall, on behalf of the Issuer, be responsible for obtaining, to the extent commercially practicable, applicable information concerning whether an Underlying Asset has become a Defaulted Obligation.

• For the avoidance of doubt, the Transferor and the Transferee agree that the tenor, interest rate and other terms of each Participated Loan shall be coextensive with those of the related Underlying Asset.

• Each Underlying Asset was originated or acquired without any fraud or material misrepresentation by the Transferor or, to the Transferor's knowledge, on the part of the related obligor.

• Such calculations shall be based upon the principal amount of such Underlying Asset, except in the case of Defaulted Obligations and Credit Risk Obligations, in which case the calculations will be based upon the Principal Proceeds received on the disposition or sale of such Defaulted Obligation or Credit Risk Obligation.

• The Transferor agrees, and agrees to instruct the relevant administrator or paying agent or trustee (or, in the absence of any such agent or trustee, the relevant obligor of the relevant Underlying Asset), to remit all payments due to the Transferee on the related Underlying Asset to the Transferee, such payments being any and all interest, fees and any other moneys accrued and due from and including the related Conveyance Date.

More Definitions of Underlying Asset

Underlying Asset means the financial instrument (e.g., stock, futures, commodity, currency, index) on which a derivative's price is based.

Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs, Futures, Metals, Equity Indices, Stocks and Commodities. It is understood that the list is subject to change and Clients must refer each time on the Platform.

Underlying Asset means any Currency (Foreign Exchange), Equity Indices, Metal, Futures, Commodities or Shares, which is the underlying asset in a CFD.

Underlying Asset means underlying asset is the financial instrument (e.g., stock, futures, commodity, currency, index) on which a derivative's price is based.

Underlying Asset means the underlying asset in a Contract for difference and may be a Currency Pair, Precious Metal, Commodities, CFDs and Indices.

Underlying Asset means the underlying asset in a CFD, which may be Currency Pairs, equity indices, metals, commodities and forwards, or any other asset available for CFD trading with the Company according to the Company’s discretion from time to time.

Underlying Asset means underlying asset is the financial instrument (e.g. stock, futures, commodity, currency, index) on which a derivative's price is based. “In writing or written” means inclusive of electronic form.