Basket Component definition

Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 ETF, iShares MSCI EAFE ETF and iShares MSCI Emerging Markets ETF.

Basket Component means each of the SPDR S&P 500 ETF Trust, SPDR S&P MidCap 400 ETF Trust and iShares Russell 2000 Index Fund. The “Pricing Date” shall mean July 31, 2012. The “Starting Price” is 100. The “Ending Price” will be calculated based on the weighted returns of the Basket Components and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 50% of the Component Return of the SPDR S&P 500 ETF Trust; (B) 25% of the Component Return of the SPDR S&P MidCap 400 ETF Trust; and (C) 25% of the Component Return of the iShares Russell 2000 Index Fund. The “Component Return” of a Basket Component will be equal to: Final Component Price – Initial Component Price Initial Component Price where, • the “Initial Component Price” is the Fund Closing Price of such Basket Component on the Pricing Date; and • the “Final Component Price” will be the Fund Closing Price of such Basket Component on the Calculation Day. The Initial Component Prices of the Basket Components are as follows: SPDR S&P 500 ETF Trust ($137.71); SPDR S&P MidCap 400 ETF Trust ($171.26); and iShares Russell 2000 Index Fund ($78.35). The “Fund Closing Price,” with respect to a Basket Component on any Trading Day, means the product of (i) the Closing Price of one share of such Basket Component (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor applicable to such Basket Component on such Trading Day. The “Closing Price” with respect to a share of a Basket Component (or one unit of any other security for which a Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. The “Adjustment Factor” means, with respect to a share of a Basket Component (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of such Basket Component. See “Anti-dilution Adjustments Relating To A Basket Component; Alternate Calculation—Anti-dilution Adjustments” below. The “Capped Value” is 126% of the Face Amount of this Security. The “Threshold Price” is equal to 90%...

Examples of Basket Component in a sentence

• CHAIRMAN CORBIN REQUESTED ADMINISTRATOR HERBERT SEND BEN GILBERT A LETTER EXPRESSING APPRECIATION FOR HIS OFFER BUT THE BOARD HAS PRIORITIZED A BARROW PIT FOR THE WEST SIDE OF THE COUNTY.

• Moreover, Security Holders may become subject to resolution measures in relation to the Issuer if the Issuer is failing or likely to fail.Specific Risks related to the payment profile of the Securities: There is the particular risk that the price of the Basket Component with the worst performance falls during the term of the Securities and consequently the Security Holder will suffer a significant loss of his invested capital.

• The quotient is formed by dividing the Worst Performance (final) by the Strike.If a Barrier Event has occurred, the Redemption Amount will not be greater than the Nominal Amount.With regard to the payment of the Redemption Amount, the performance of each Basket Component is formed by dividing the respective Final Reference Pricei by the respective Initial Reference Pricei.

• For Securities which have U.S. shares or U.S. indices as Underlying or Basket Component, the following must be applied: Payments or performances considered as payments from the Issuer in connection with Securities may be treated as equivalent to dividends ("Dividend Equivalents").

• The Worst Performance (final) will be the lowest value of such quotient.Additional definitions and product termsBarrier Event means that the Worst Performance (b) on the respective Barrier Observation Date is lower than the Barrier Level.With regard to the determination of a Barrier Event, the performance of each Basket Component is formed by dividing the respective Reference Pricei on the Barrier Observation Date by the respective Initial Reference Pricei.

More Definitions of Basket Component

Basket Component means, in respect of a Basket, any Index comprised in such Basket. "Business Day" means:

Basket Component means each of the SPDR S&P 500 ETF Trust, SPDR S&P MidCap 400 ETF Trust and iShares Russell 2000 Index Fund.

Basket Component means each of the Brazilian Real; the Australian Dollar; the Norwegian Krone; and the Canadian Dollar. The “Pricing Date” shall mean December 29, 2010. The “Starting Level” is 100. The “Ending Level” will be calculated based on the weighted returns of the Basket Components, each relative to the U.S. Dollar, and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 25% of the Component Return of the Brazilian Real; (B) 25% of the Component Return of the Australian Dollar; (C) 25% of the Component Return of the Norwegian Krone; and (D) 25% of the Component Return of the Canadian Dollar. The “Contingent Minimum Return” is 23% of the Face Amount. The “Component Return” of a Basket Component will be equal to: Final Component Level – Initial Component Level Initial Component Level where, • the “Initial Component Level” is the Exchange Rate of such Basket Component on the Pricing Date; and • the “Final Component Level” will be the Exchange Rate of such Basket Component on the Calculation Day. The Initial Component Levels of the Basket Components are as follows: Brazilian Real (0.59566); Australian Dollar (1.01345); Norwegian Krone (0.16827); and Canadian Dollar (1.00035). The “Participation Rate” is 100%. The “Exchange Rate” for each Basket Component, for purposes of determining the Component Return on any Currency Trading Day, will be determined as follows: • Brazilian Real – the rate for conversion of Brazilian Reals into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Brazilian Real) equal to one divided by the government fixing rate, as determined by reference to the “ASK” price on the Bloomberg page “BZFXPTAX<CURNCY>”, or any successor or replacement service or page, rounded to five decimal places, with ..000005 rounded upwards to .00001, on such Currency Trading Day. • Australian Dollar – the rate for conversion of Australian Dollars into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Australian Dollar) equal to the WM/Reuters Closing Spot Rate (Mid) as calculated at approximately 4:00 p.m. London time and published at approximately 4:15 p.m. London time as referenced by Bloomberg page WMCO1 “AUD” below “MID,” or any successor or replacement service or page, on such Currency Trading Day. • Norwegian Krone – the rate for conversion of Norwegian Krones into U.S. Dollars (expressed as the number of U.S. Dollars per 1 Norwegian Krone) equal to one divided by the WM/Reuters Closing Spot Rate (Mid) as ...

Basket Component means the instruments specified as such in the Index Rules. For the avoidance of doubt, a Basket Component is any Index Component other than Market Data and an Underlying SGI Index.

Basket Component means, for any PLUS linked to a basket, each basket index or basket ETF that is included in the basket.

Basket Component means, unless otherwise specified in the applicable Final Terms, (i) the meaning given to it in the Applicable Schedule or (ii) if there is no Applicable Schedule or if no meaning is given to it, each of the Reference Underlyings comprising the basket (the "Basket").

Basket Component means each of the iShares MSCI EAFE ETF and iShares MSCI Emerging Markets ETF.