Underlying Lottery definition

Underlying Lottery means the applicable Operator’s lottery, in respect of which We have arranged insurance from an Insurer in respect of Insured Winning Entries;

Examples of Underlying Lottery in a sentence

  • SuperEnaMax is a derivative game in which Winnings do not necessarily correspond to the numbers drawn in the Underlying Lottery and the Winnings are always insured by Us with an Insurer.

  • Example 2: There is only one Insured Winning Entry in Prize Category B and two Underlying Lottery Jackpot Winning Tickets have been announced by the Underlying Lottery Operator in that Prize Category B in respect of a Underlying Lottery Jackpot in Prize Category B of 9,000,000.00 EUR.

  • Winnings in Prize Category A and Prize Category B on SuperEna Max will be split proportionally between all winners on this game and on the underlying lottery draw, in order to put the Winner in a similar economic position as if it had played the Underlying Lottery.

  • In the case that a Special Jackpot is announced, then the Special Jackpot sum announced will replace any Underlying Lottery Jackpot in that Type A Prize Category.

  • Allocation of Winnings: 1 share per Insured Winning Entry in that Prize Category Example 3: There are two Insured Winning Entries in Prize Category B and one Underlying Lottery Winning Ticket has been announced by the Underlying Lottery Operator in that Prize Category B in respect of an Underlying Lottery Jackpot in Prize Category B of 3,000,000.00 EUR.

  • Example 2: There is only one Insured Winning Entry in the Prize Category A and two Underlying Lottery Jackpot Winning Tickets have been announced by the Underlying Lottery Operator in the Prize Category A in respect of an Underlying Lottery Jackpot in the Prize Category A of 90,000,000.00 EUR.

  • The Company shall not be liable for any lost or delayed transactions caused by the failure of the computer systems used by the Underlying Lottery Operator from where the result is derived, or for any other computer or communications faults and/or errors and/or delays that may occur on the Company’s Website, software or systems used by the Company.

  • In the case of Lottery Games, the Company is applying the same principle for ‘all’ Hedged Winning Bets, irrespective of the relevant winning category, where prizes will be paid LESS a percentage of the winning amount as applied by the Underlying Lottery in order to put the Player in a similar financial position as if they had played directly with the Underlying Lottery.

  • All Prize category B (Tier Two Jackpot) Winners of insured tickets will receive Prize Pay-Out values as specified on the relevant Underlying Lottery results page.

  • Example 2: There is only one Insured Winning Bet in the Prize Category A and two Underlying Lottery Jackpot Winning Tickets have been announced by the Underlying Lottery Operator in the Prize Category A in respect of an Underlying Lottery Jackpot in the Prize Category A of 90,000,000.00 EUR.

Related to Underlying Lottery

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Underlying Company means the issuer of the relevant Security as specified above, in each case subject to adjustment in accordance with Condition 13 (Adjustments).

  • Underlying Letter of Credit means a letter of credit that has been issued by an Underlying Issuer.

  • Underlying Market means the relevant market where the Underlying Asset of a CFD is traded.