Worst Performing Underlying Security definition

Worst Performing Underlying Security means the Underlying Security with the lowest ratio of Final Closing Price to Initial Closing Price.
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Worst Performing Underlying Security means the Underlying Securities with the lowest ratio of Final Price to Initial Price.
Sample 1

Examples of Worst Performing Underlying Security in a sentence

  • On the Final Valuation Date, the Final Closing Price of the Worst Performing Underlying Security is at or above its Protection Barrier Price.

  • In this example, the Underlying Security of the iShares® S&P/TSX Global Gold Index ETF is the Worst Performing Underlying Security, with an Initial Closing Price (Xi) of $21.20 and Final Closing Price (Xf) of $14.20.

  • In this example, since the Underlying Security of the iShares® S&P/TSX Global Gold Index ETF is the Worst Performing Underlying Security with a Final Closing Price of $16.96, which is above its Protection Barrier Price of $14.84, the Final Redemption Amount per Security is equal to $100.00.

  • In this example, since the Underlying Security of the iShares® S&P/TSX Global Gold Index ETF is the Worst Performing Underlying Security with a Final Closing Price of $14.26, which is above its Protection Barrier Price of $13.67, the Final Redemption Amount per Security is equal to $100.00.

  • In this example, the Underlying Security of the iShares® S&P/TSX Capped Energy Index ETF is the Worst Performing Underlying Security, with an Initial Closing Price (Xi) of $7.20 and Final Closing Price (Xf) of $4.97.

  • In this example, the Underlying Security of the iShares® S&P/TSX Global Gold Index ETF is the Worst Performing Underlying Security, with an Initial Closing Price (Xi) of $19.53 and Final Closing Price (Xf) of $13.09.

  • Final Redemption AmountIn this example, the Underlying Security of the Financial Select Sector SPDR® Fund is the Worst Performing Underlying Security, with an Initial Closing Price (Xi) of US$38.40 and Final Closing Price (Xf) of US$27.65.

  • Otherwise Citibank China has the right to refuse to carry out the instructions of the Cardholders.

  • In this scenario, the Return of the Worst Performing Underlying Security is equal to -$50.00.

  • In this example, the Underlying Security of the iShares® S&P/TSX Capped Energy Index ETF is the Worst Performing Underlying Security, with an Initial Closing Price (Xi) of $7.78 and Final Closing Price (Xf) of $5.21.

Related to Worst Performing Underlying Security

  • Non-Performing Second Lien Bank Loans means Second Lien Bank Loans other than Performing Second Lien Bank Loans.

  • Non-Performing High Yield Securities means High Yield Securities other than Performing High Yield Securities.

  • Non-Performing Loans means, with respect to any Bank Subsidiary at any time, the aggregate principal amount (including any capitalized interest) of all nonaccruing loans of such Bank Subsidiary plus the aggregate principal amount of all loans of such Bank Subsidiary that are ninety (90) days or more past due and still accruing minus the Guaranteed Loan Amount of such Bank Subsidiary, in each case at such time.

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • Non-Performing Assets means an asset classified as non-performing based on the instructions and guidelines issued by the Reserve Bank of India from time to time

  • Interest Coverage Test means the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.

  • Interest Swap Obligations means the obligations of any Person pursuant to any arrangement with any other Person, whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount in exchange for periodic payments made by such other Person calculated by applying a fixed or a floating rate of interest on the same notional amount and shall include, without limitation, interest rate swaps, caps, floors, collars and similar agreements.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan: