Final Exchange Rate definition

Final Exchange Rate. (where applicable) means, in respect of a CPI Deposit, the Exchange Rate on the Final Exchange Rate Determination Day determined by the Bank at such time and in such manner as described on the term sheet for such CPI Deposit; “Final Exchange Rate Determination Day” (where applicable) means, in respect of a CPI Deposit, the day specified as such in the Bank’s term sheet for such CPI Deposit and confirmed in the Bank's advice or confirmation in respect of such CPI Deposit to the Customer, subject to any adjustment in accordance with these Terms and Conditions;

Final Exchange Rate means, in relation to each Deposit Plus deposit, the Relevant Rate as quoted by the Bank in good faith, as of approximately the Fixing Time on the Fixing Date.

Final Exchange Rate means the Exchange Rate at the Valuation Time on the Issuer Call Date or Valuation Date, as the case may be;

Examples of Final Exchange Rate in a sentence

• Alternatively, if an underlying currency is replaced by a New Currency, and one unit of the New Currency has a value equal to 1,000 units of that underlying currency, the Final Exchange Rate would be calculated by using the applicable exchange rate of the New Currency (relative to the applicable base currency) multiplied by 1,000.

• Conversely, in the event an Underlying Currency is replaced by a New Currency, the Calculation Agent shall, when determining the Cumulative Return, calculate the applicable Final Exchange Rate by using the Exchange Rate of the New Currency relative to the Base Currency on the Valuation Date, multiplied by the number of units of the applicable Underlying Currency represented by one unit of the New Currency.

• As an example of the calculation described above, if a base currency is replaced by a New Currency, and one unit of the New Currency has a value equal to 1,000 units of that base currency, the Final Exchange Rate would be calculated by using the applicable exchange rate of the applicable underlying currency (relative to the New Currency) multiplied by 1/1,000.

• Conversely, in the event an underlying currency applicable to your MITTS is replaced by a New Currency, the calculation agent will, when determining the applicable Weighted Return, calculate the Final Exchange Rate by using the exchange rate of the New Currency relative to the applicable base currency on the calculation day, multiplied by the number of units of the applicable underlying currency represented by one unit of the New Currency.

• Conversely, in the event an Underlying Currency is replaced by a New Currency, the Calculation Agent shall, when determining the Cumulative Return, calculate the Final Exchange Rate by using the Exchange Rate of the New Currency relative to the applicable Base Currency on the Valuation Date, multiplied by the number of units of the applicable Underlying Currency represented by one unit of the New Currency.

More Definitions of Final Exchange Rate

Final Exchange Rate means in relation to each Investment in Dual Currency Plus, the Exchange Rate between the Base Currency and Linked Currency as quoted by the Bank, at approximately the Fixing Time on the Fixing Date;

Final Exchange Rate will equal the value of the applicable exchange rate, as determined by the calculation agent, at the specified time (as set forth in the applicable term sheet) on the calculation day. The “Exchange Rate Weighting” will be the weighting, expressed as a percentage, assigned to each exchange rate on the pricing date, as set forth in the applicable term sheet. These weightings may or may not be equal. The sum of each Exchange Rate Weighting will Table of Contents equal 100%. If your MITTS are linked to an Exchange Rate Measure that is based on a single exchange rate, the Exchange Rate Weighting of that exchange rate will be equal to 100%. A “business day,” unless otherwise set forth in the applicable term sheet, means any day other than a Saturday or Sunday that is neither a legal holiday nor a day on which banking institutions in New York, New York are authorized or required by law, regulation, or executive order to close and those banks are open for dealing in a foreign exchange and foreign currency deposits. A “Currency Business Day,” unless otherwise set forth in the applicable term sheet, means any day other than a Saturday or Sunday that is neither a legal holiday nor a day on which banking institutions in any of the countries which issue the applicable currency are authorized or required by law, regulation, or executive order to close and those banks are open for dealing in foreign exchange and foreign currency deposits. With respect to all exchange rate-based MITTS, unless otherwise set forth in the applicable term sheet, if the calculation agent determines that the scheduled calculation day is not a business day and/or a Currency Business Day, as applicable, by reason of an extraordinary event, occurrence, declaration, or otherwise, the calculation agent will determine the Ending Value on the next applicable business day and/or Currency Business Day, as applicable. If no such days occur prior to the second scheduled business day before the maturity date of the MITTS, the Ending Value will be determined (or, if not determinable, estimated) by the calculation agent on that day in a manner which the calculation agent considers commercially reasonable under the circumstances.

Final Exchange Rate means the Exchange Rate on the Valuation Date. “Initial Exchange Rate” means the Exchange Rate on the Issuance Date.

Final Exchange Rate means, for each Currency, the Exchange Rate on the Valuation Date. “Holder” means an owner of record or beneficial owner of a Deposit Note.

Final Exchange Rate means, as of the Expiration Date, Holder Exercise Date or Issuer Exercise Date, as applicable, the Exchange Rate, as determined above.

Final Exchange Rate means the exchange rate on the valuation date, as specified in the applicable pricing supplement.

Final Exchange Rate means the Exchange Rate[(i)] [for the Relevant Currency(i)] on the Currency Valuation Date;]