Underlying Basket definition

Underlying Basket means a basket of Basket Components and/or of Underlying SGI Indices, as the case may be, the level or value of which is determined pursuant to the Index Rules, and the term “Underlying Basket Component” shall be construed accordingly.
View Source
Underlying Basket means the basket composed of the Underlying Equity Securities.
View Source
Underlying Basket shall have the meaning assigned thereto in paragraph 1.
View Source

Examples of Underlying Basket in a sentence

  • The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the Underlying Basket.

  • If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the Underlying Basket, the Calculation Agent shall provide the necessary information as follows below.

  • The Calculation Agent shall determine the Level of the Underlying Basket on each Calculation Date, the Average Level of the Underlying Basket and the Maturity Payment Amount payable for each Security.

  • If a market price, including a price on a bulletin board service, is no longer available for an Underlying Equity Security, then the value of the Underlying Equity Security shall equal zero for so long as no market price is available, and no attempt shall be made to find a replacement stock or increase the level of the Underlying Basket to compensate for the deletion of such Underlying Equity Security.

  • Except as set forth below, the Underlying Equity Securities in the Underlying Basket shall remain constant for the term of the Securities.

  • The methods of designating candidates, when not defined by the law, by the regulations, or by the present bylaws, shall be decided by the general management.

  • The Multiplier relating to each Underlying Equity Security is the number of shares or other units (including ADRs) (or fractional share or other unit expressed as a decimal) of such Underlying Equity Security included in the Underlying Basket.

  • Adjustments to a Multiplier and the Underlying Basket shall be made in the following circumstances.

  • When the cash consideration is received, the PV Extraordinary Cash Component will be deleted from the Underlying Basket and the Underlying Basket shall include the amount of the cash consideration (the "EXTRAORDINARY CASH COMPONENT"), plus accrued interest.

  • The Underlying Basket shall also include accrued interest on the Extraordinary Sale Component.


More Definitions of Underlying Basket

Underlying Basket means subject to adjustment in accordance with Product Condition 4 and/or the definition of Adjustment Events, an equally weighted basket, initially comprised of Shares of the following share companies:
View Source
Underlying Basket means the aggregate Component Shares of Selected Securities specified as such in the relevant Confirmation.
View Source