Worst Performing Index definition

Worst Performing Index means the Index for which the performance is the lowest in accordance with the definition of WOfinal

Worst Performing Index means, unless otherwise specified in the applicable Final Terms, in respect of a Basket of Indices and a specified date "t" (the Valuation Date or any other date specified as such in the relevant Final Terms), the Index which gives rise to the lowest percentage as determined by the Calculation Agent in accordance with the following formula: Sk Min t k=1toX  Sk  Initial Where:

Worst Performing Index means, in respect of any Scheduled Valuation Day, the Index for which the Level of the Index on such day divided by Initial Index Level for such Index is lowest, and, in respect of any Averaging Period, the Index for which the performance of the Index (as calculated on the basis of the arithmetic average of the Level of the Index on each relevant Averaging Date) divided by Initial Index Level for such Index is lowest;

Examples of Worst Performing Index in a sentence

• Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Worst Performing Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

• On the Final Valuation Date, the Final Index Level of the Worst Performing Index is at or above its Protection Barrier Level.

• Otherwise, if on the Valuation Date, the Calculation Agent determines that the final performance of the Worst Performing Index is less than 100 per cent.

• Unless the Notes have been redeemed early, the Notes will be redeemed at scheduled maturity at their nominal amount if, on the Valuation Date (as defined herein), the Calculation Agent determines that the final performance of the Worst Performing Index (as defined herein) is greater than or equal to 100 per cent., or if a the final performance of the Worst Performing Index is lower than 100 per cent.

• The Index Performance or Worst Performing Index Performance on an Auto-Call Valuation Date is a percentage representing any appreciation or depreciation in the relevant Index or worst performing Index on an Auto-Call Valuation Date in comparison to the initial level of the relevant Index or the worst performing Index comprised in a basket of Indices.

More Definitions of Worst Performing Index

Worst Performing Index means, with respect to the Valuation Date, the Index which gives rise to the lowest percentage as determined by the Calculation Agent in accordance with the formula that is set out in the relevant Pricing Supplement; and

Worst Performing Index means the Index for which the performance is the lowest in accordance with the definition of WOfinal Barrier Period: Not applicable Trigger Event: In respect of an Index, the Final Index Level per Index (at least one), as determined by the Calculation Agent, is less than the Trigger Level Trigger Level: 60 per cent. of the Initial PriceKnock-in Event: Knock-out Event:Not applicable Not applicable

Worst Performing Index means the Index(i) with the lowest performance based on the following formula:

Worst Performing Index means, in respect of the Valuation Date, the Index with the lowest Index Performance on the Valuation Date, as determined by the Calculation Agent. In the event that two or more Indices have the same lowest Index Performance on the Valuation Date, then the Calculation Agent shall determine in its sole and absolute discretion which of such Indices shall be the Worst Performing Index, and such Index as so selected shall be deemed the Worst Performing Index.

Worst Performing Index means the Index with the lowest Index Return, as determined by the Calculation Agent (provided that if two or more Indices have the same lowest Index Return, then the Calculation Agent shall determine which such Index shall be the Worst Performing Index in its sole and absolute discretion, and such Index shall be the Worst Performing Index).

Worst Performing Index means the Index with the lowest ratio of Final Index Level to Initial Index Level.

Worst Performing Index means the Indexi for which the performance is the lowest in accordance with the definition of WOfinal. If more than one Indexi has the same WOfinal, theCalculation Agent shall determine which Indexi is the Worst Performing Index in its sole and absolute discretion. (ii) Cash Settlement Payment Date:07 April 2025 or, if an Exercise Event occurs, the relevant Early Cash Settlement Payment Datek specified in Annex 2, or, in each case, if later, the fifth Business Day following the Exercise Date.