Worst Performing Index Performance definition
Worst Performing Index Performance means, in respect of an Auto Call Valuation Date or the Valuation Date, the lowest Index Performance of the Indices in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Call Valuation Date or such Valuation Date, as the case may be are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.
Worst Performing Index Performance means the lowest Index Performance determined in accordance with the definition of "Index Performance" above.
Worst Performing Index Performance means, in respect of a Digital Valuation Date, Autocall Valuation Date, Barrier Valuation Date or the Valuation Date, as the case may be, the lowest Index Performance of the Indices in respect of such date.
More Definitions of Worst Performing Index Performance
Worst Performing Index Performance means the Index Performance of the Worst Performing Index.
Worst Performing Index Performance means, in respect of the [last occurring] Valuation Date [or an Observation Date], the lowest Index Performance of the Indices in respect of such Valuation Date [or Observation Date], provided that if two or more Index Performances in respect of the Valuation Date [or Observation Date] are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
Worst Performing Index Performance means, in respect of a scheduled Auto Call Valuation Date, Digital Valuation Date or the scheduled Valuation Date, the lowest IndexPerformance of the Indices in respect of such scheduled Auto Call Valuation Date, Digital Valuation Date or such scheduled Valuation Date, as the case may be, provided that if two or more Index Performances in respect of such Auto Ca l Valuation Date, Digital Valuation Date or such Valuation Date, as the case may be, are the same, the Calculation Agent shall determine which IndexPerformance shall constitute the Worst Performing Index Performance in respect of such day.
Worst Performing Index Performance means, in respect of the Valuation Date, the lowest Index Performance of the Indices in respect of the Valuation Date, provided that if two or more Index Performances in respect of the Valuation Date are the same, the Calculation Agent shall determine which Index Performance shall constitute the Worst Performing Index Performance in respect of such day.]
Worst Performing Index Performance means the lowest Index Performance of the Indices determined in accordance with the definition of "IndexPerformance" above.
Worst Performing Index Performance means the Index Performance of the Worst Performing Index.• Early redemption: In certain circumstances (such as an illegality, a change in law that results in the Preference Share Issuer being subject to additional regulation or an external event affecting an underlying asset to which the Preference Shares are linked)), the Preference Share Issuer may redeem the Preference Shares early at the Preference Share Early Redemption Amount, which is an amount calculated by the Calculation Agent as the fair market value of a Preference Share as of the Preference Share Early Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, 3.1.4 Relative seniority of the securities in the Issuer’s capital structure in the event of insolvency: The Notes are Senior Notes and constitute deposit liabilities of the Issuer for purposes of the Bank Act. The Notes will rank pari passu with all deposit liabilities of the Issuer (except as otherwise prescribed by law) without any preference amongst themselves. The Notes are not deposits insured under the CDIC Act. The Notes are not subject to Canada’s bank resolution powers. 3.1.5 Description of restrictions on free transferability of the securities: The Notes are freely transferable (subject to all applicable laws). However, there are restrictions on the offer and sale of the Notes. The Issuer and Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London EC2V 6ET (the "Dealer") have agreed restrictions on the offer, sale and delivery of the Notes and on distribution of offering materials in the European Economic Area, the United Kingdom, Canada and the United States of America. 3.2 Where will the securities be traded? Application will be made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Main Market of the London Stock Exchange plc (“London Stock Exchange”) and to the Official List of the UK Financial Conduct Authority (“FCA”) with effect on or around the issue date. 3.3 What are the key risks that are specific to the securities? Key risks relating to the Notes include: • Risks related to Preference Share Linked Notes: The Final Redemption Amount of the Notes is dependent upon changes in the market value of the relevant Preference Shares, which may fluctuate up or down depending on (A) the performance of the FTSE 100 Index and the EURO STOXX 50® Index, as set out in the Preference Share Conditions and(B) the financial condition and standing of...