Examples of Basket Performance in a sentence
Example 3 – negative scenario: The Basket Performance is equal to or less than zero.
In this Example, the Settlement Amount payable per Certificate (of the Calculation Amount) on the Maturity Date will be an amount in the Settlement Currency equal to the product of (i) the Calculation Amount, multiplied by(ii) the sum of (a) the Protection Level, plus (b) the product of (I) the Participation, multiplied by (II) the greaterof (a) zero, and (b) the difference between (I) the Basket Performance, minus (II) the Strike, i.e., SEK 10,000.
SETTLEMENT AMOUNT Example 1 – positive scenario: The Basket Performance is equal to 0.50.
Example 2 – neutral scenario: The Basket Performance is equal to 0.10.
In the case set forth under (ii), the Redemption Amount will be below the Exposure Amount and, if the Basket Performance is 0 (zero), there will be no Redemption Amount payable at all.