Underlying Performance definition

Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

Underlying Performance with respect to an Underlying means a decimal number calculated by applying the following formula:

Underlying Performance means Final Reference Level / Initial Reference Level;

Examples of Underlying Performance in a sentence

• If the Underlying Performance is equal to or below 1 (one), the Redemption Amount will be equal to 0 (zero).

• The Underlying Performance involves a comparison of (i) the Initial Reference Value (being the lowest Relevant Underlying Value observed on any Observation Date) and (ii) the Final Average Value (being the arithmetic mean of the value of the Relevant Underlying as on each Averaging Date, as determined on the Determination Date).

• Underlying Performance: The Final Redemption Amount includes a component which is calculated as the product of (x) the Participation Rate and (y) the higher of zero per cent.

• If the Underlying Performance is equal to or below [number], the Redemption Amount will be equal to 0 (zero).

• This will limit the extent to which a sudden increase in value or performance of the Relevant Underlying on a single date affects the Final Average Value (and therefore the Underlying Performance).

More Definitions of Underlying Performance

Underlying Performance means a decimal number calculated by applying the following formula: UP UnderlyingFINAL UnderlyingINITIAL where: UP=Underlying PerformanceUnderlyingFINAL=Reference Price with respect to the Valuation DateUnderlyingINITIAL=Initial Price

Underlying Performance means a decimal number calculated by applying the following formula: UP =Underlying FINALUnderlying INITIAL where: UP = Underlying Performance UnderlyingFINAL UnderlyingINITIAL= Arithmetic mean of the Reference Prices with respect to all Averaging Dates = Initial Price ADDITIONAL AMOUNT No additional amounts shall be payable under the Certificates. MATURITY

Underlying Performance means a decimal number calculated by applying the following formula: UP = UnderlyingFINAL UnderlyingINITIAL where: UP=Underlying PerformanceUnderlyingFINAL=Arithmetic mean of the Reference Prices with respect to all Averaging DatesUnderlyingINITIAL=Initial Price FIXED AMOUNT No additional amounts shall be payable under the Certificates. MATURITY Subject to the provisions contained in § 5, the Certificates will be redeemed on the Maturity Date by the payment of an amount in the Issue Currency (the "Redemption Amount"). determined by the Issuer in accordance with the following provisions:RA = EA ×RF + EA ×PF ×Max(0;UP − X) where: RA EARLY REDEMPTION

Underlying Performance means Final Reference Price / Initial Reference Price;

Underlying Performance means the performance of the Index and is a decimal number calculated by applying the following formula: UP = UnderlyingFINAL UnderlyingINITIAL where: UP FIXED AMOUNT No additional amounts shall be payable under the Certificates.MATURITY Subject to the provisions contained in § 5, the Certificates will be redeemed on the Maturity Date by the payment of an amount in the Issue Currency (the "Redemption Amount"). determined by the Issuer in accordance with the following provisions: RA=EA × PF × Max (V × L; UP − X) where: RA=Redemption Amount per CertificateEA=Exposure AmountPF=Participation FactorV=Lock in ValueL=Lock in LevelUP=Underlying PerformanceX=1 (one) EARLY REDEMPTION

Underlying Performance means in respect of the Underlying Fund an amount calculated as follows:(Final Reference Price / Initial Reference Price)- 1Not Applicable

Underlying Performance means the performance calculated in accordance with Final Reference Pricei/ Initial Reference Pricei;