Worst Performance (final) definition
Worst Performance (final) means the Performance of the Basket Componentj (final) specified as follows:
Worst Performance (final) means, with respect to all Basket Componentsi and the Final Observation Date, the Worst Performance (final) as calculated by the Calculation Agent as follows:
Worst Performance (final) means the Performance of the Basket Componentj (final) specified as follows: Performance of the Basket Componentj (final) = min [Ki (final) / Ki (initial)] (with i = 1,…N)
More Definitions of Worst Performance (final)
Worst Performance (final) means with respect to the Final Observation Date, the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date, the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial).
Worst Performance (final) means the Worst Performance (final) as specified as follows: Worst Performance (final) = mini = 1, ..., N[Performance of the Basket Componenti (final)] "Worst Performance (n)" means the Worst Performance (n) as specified as follows:
Worst Performance (final) means, with respect to all Basket Componentsi and the Final Observation Date
Worst Performance (final) means, with respect to all Basket Componentsi and the Final Observation Date[s], the worst performance of the Basket Componentsi as calculated by the Calculation Agent according to the following formula:Worst Performance (final) = min (Ki (final) / Ki (initial)) (with i = 1,…N)]The Participation Factor Up, the Participation Factor Down, the Barrier Observation [Date] [Period], the Strike Level [, the Barrieri] and the Barrier Level are specified in the Annex to this Summary.][Product Type 25: In the case of Worst-of Twin Win Cap Securities, the following applies:The value of the Securities during their term depends decisively on the price of the Basket Componentsi. If no Barrier Event has occurred and subject to the effect of other price-influencing factors (such as expected volatility, interest rate, dividend yield, Maximum Amount Up, Maximum Amount Down), the value of the Securities generally rises, if the price of the Basket Componentsi rises or falls. If a Barrier Event has occurred and subject to the effect of other price-influencing factors (such as expected volatility, interest rate, dividend yield, Maximum Amount Up, Maximum Amount Down), the value of the Securities generally rises, if the price of the Basket Componentsi rises, and falls, if the price of the Basket Componentsi falls.["Barrier Event" means that the Worst Performance (b) on the respective Barrier Observation Date is [equal to or] lower than the Barrier Level.]["Barrier Event" means that any published price of at least one Basket Componenti with continuous observation during the Barrier Observation Period is [equal to or] lower than the respective Barrieri.]The "Barrieri" is, with respect to a Basket Componenti, specified as the Barrier Level times Ki (initial).][The Security Holder is not exposed to the influence of exchange rate movements (Quanto).]Redemption on the Final Payment DateThe "Redemption Amount" is determined as follows: If no Barrier Event has occurred, the following applies:o If the Worst Performance (final) is equal to or higher than the Strike Level, the Redemption Amount is equal to the Nominal Amount multiplied by the sum of (a) one and (b) the product of the (i) Participation Factor Up and (ii) the difference of (x) the Worst Performance (final) divided by the Strike Level and (y) one.However, in this case, the Redemption Amount is not higher than the Maximum Amount Up.o If the Worst Performance (final) is lower than the Strike Level, the Redemption Amount is equ...
Worst Performance (final) means, with respect to the Final Observation Date[s], the performance of the Basket Componenti with the worst (lowest) performance. With respect to the Final Observation Date[s], the performance of each Basket Componenti is calculated by the Calculation Agent as Ki (final) divided by Ki (initial).[The Security Holder is not exposed to the influence of exchange rate movements (Quanto).]Additional AmountIf no Coupon Barrier Event has occurred during the Barrier Observation Period (k) and all previous Barrier Observation Periods (k), payment of the respective Additional Conditional Amount (k) is made on the respective Additional Conditional Amount Payment Date (k).If a Coupon Barrier Event has occurred during the Barrier Observation Period (k), no Additional Conditional Amount (k) will be paid on the respective Additional Conditional Amount Payment Date (k) and on any following Additional Conditional Amount Payment Dates (k). I.e., if a Coupon Barrier Event occurs the option of an Additional Amount lapses."Coupon Barrier Event" means [that any published price of at least one Basket Componenti (as defined in C.20) is equal to or lower than the respective Barrieri (k) during the Barrier Observation Period (k) in the case of continuous observation] [that any Performance of the Basket Componenti (c) on any Coupon Barrier Observation Date during the Barrier Observation Period (k) is equal to or lower than the respective Barrier Leveli (k)]."Performance of the Basket Componenti (c)" means the Performance of the Basket Componenti between the Initial Observation Date and the respective Coupon Barrier Observation Date.Automatic Early RedemptionIf an Early Redemption Event [but no Coupon Barrier Event] has occurred, the Securities are automatically early redeemed on the respective Early Payment Date (k) by payment of the relevant Early Redemption Amount (k).[If a Coupon Barrier Event has occurred, the option of early redemption lapses and the Securities are redeemed on the Final Payment Date.]["Early Redemption Event" means that each Performance of the Basket Componenti (k) is equal to or greater than the Early Redemption Leveli (k).]"Performance of the Basket Componenti (k)" means the Performance of the Basket Componenti between the Initial Observation Date and the respective Observation Date (k) (as defined in C.16).Redemption at Final PaymentIf no Barrier Event has occurred, redemption is made on the Final Payment Date by payment of the Redemption Amount that is equ...