Basket Level definition

Basket Level means, in respect of an Exchange Business Day, the level of the Basket, calculated as one plus the sum of the Weighted Share Returns for each Share on such Exchange Business Day, multiplied by 100.
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Basket Level means either:
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Basket Level means, in respect of a Calculation Day t, where such Calculation Day t is:
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Examples of Basket Level in a sentence

  • For purposes of calculating the Final Basket Level in the event of a Disruption Event relating to one or more Component Commodities in accordance with the above, “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Component Commodity.The “Calculation Agent” means Lehman Brothers Commodity Services Inc, the determinations and calculations of which will be binding absent manifest error.

  • The Basket Level equals the sum of the products of the closing level and the Index Ratio for each Basket Index, as determined by the Calculation Agent.

  • Each Basket Index represents a percentage of the Initial Basket Level on the pricing date.

  • The "Basket Level" is the hypothetical value of the Basket that is determined at the close of any business day.

  • The Basket Level used to calculate the Alternative Redemption Amount shall be determined by the Calculation Agent.

  • The Basket Level equals the sum of the products of the Closing Price and the Share Ratio for each Basket Stock.

  • The Calculation Agent has the sole discretion to make all determinations regarding this Note, including determinations regarding the Basket Return, the Basket Level, the Basket Percentage Change, the Supplemental Redemption Amount, Market Disruption Events, Successor Indices, business days, and trading days.

  • The period of time between the last Reset Date and the Maturity Date is not part of a Reference Period, and, therefore, changes in the Basket Level during that period will not affect the Supplemental Redemption Amount payable to the holder of this Note at maturity.

  • Upon proper tender of this Note, which must be in accordance with the rules of DTC if the Note is held by DTC in global form, the holder of this 11 Note will receive, for each unit of this Note, a cash amount equal to the Basket Level for the trading day in the Exchange Calculation Period, or, at the Corporation's election, shares of the Basket Stocks on the exchange date.

  • The Supplemental Redemption Amount, if any, will be based upon the Basket Return, which will be calculated as follows: The “Basket Return” shall equal: Basket Percentage Change x Participation Rate The “Basket Percentage Change” shall equal: (Final Basket Level – Initial Basket Level) Initial Basket Level The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage.


More Definitions of Basket Level

Basket Level when used with respect to any Payment Determination Date, shall equal the sum of (a) the products of the Closing Prices and the applicable Multipliers for each Basket Security for which a Delaying Event does not occur on the related Calculation Day, (b) if a Delaying Event occurs for a Basket Security on the related Calculation Day, the product of the Closing Price for such Basket Security on the next Trading Day on which a Market Disruption Event does not occur for such Basket Security and the Multiplier for such Basket Security and (c) any cash included in the Basket on such Calculation Day.
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Basket Level means an amount calculated by the Issuer in accordance with the following formula:".
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Basket Level means, in respect of an Exchange Business Day, the level of the Basket, calculated as one plus the sum of the
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Basket Level means, in respect of a Valuation Date and any relevant Scheduled Trading Day, the average of the Valuation Levels of the Shares on such day.
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Related to Basket Level

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Base Level means the following amounts plus the percentage

  • Elevated blood lead level means a level of lead in blood that is any of the following:

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Action level means a rate of emissions of a hazardous air contaminant as specified in Appendix C or as may be determined under Section 5-261(3) of these regulations. Action Levels are used to determine the applicability of Section 5-261 to stationary sources and shall be derived in accordance with the method prescribed in Appendix E of these regulations.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.