Worst Performing Share definition

Worst Performing Share means, in respect of a Coupon Payment Date, the Share with the lowest Share Return in respect of such Coupon Payment Date, as determined by the Calculation Agent (provided that if two or more Shares have the same lowest Share Return in respect of a Coupon Payment Date, then the Calculation Agent shall determine which such Share shall be the Worst Performing Share in respect of such Coupon Payment Date in its sole and absolute discretion, and such Share shall be the Worst Performing Share in respect of such Coupon Payment Date).

Worst Performing Share means the Share with the lowest Share Return, as determined by the Calculation Agent (provided that if two or more Shares have the same lowest Share Return, then the Calculation Agent shall determine which such Share shall be the Worst Performing Share in its sole and absolute discretion, and such Share shall be the Worst Performing Share).

Worst Performing Share means, in respect of any Scheduled Valuation Day, the Share for which the Price of the Share on such day divided by Initial Share Price for such Share is lowest, and, in respect of any Averaging Period, the Share for which the performance of the Share (as calculated on the basis of the arithmetic average of the Price of the Share on each relevant Averaging Date) divided by Initial Share Price for such Share is lowest. 2. Disrupted Days 2.1 If the Calculation Agent determines that the Strike Date, any Valuation Date or any Observation Date, as the case may be, in respect of the relevant Underlying is a Disrupted Day, then the Strike Date, such Valuation Date, or such Observation Date, as the case may be, in respect of such Underlying only shall be the first succeeding Scheduled Valuation Day in respect of such Underlying that is not a Disrupted Day, unless each of the eight Scheduled Valuation Days immediately following the original date that, but for the determination by the Calculation Agent of the occurrence of a Disrupted Day, would have been the Strike Date, such Valuation Date or such Observation Date, as the case may be, in respect of such Underlying is a Disrupted Day. In that case:

Examples of Worst Performing Share in a sentence

• If "Worst of Provisions" are specified as applicable the Value or Level of the Basket and/or the Final Value or Final Index Level of the Basket will be calculated on the basis of the Worst Performing Share, Worst Performing Index or Worst Performing Fund Interest, as applicable, in the relevant Basket, as if the Basket is constituted of only such Share or Index, as applicable.

• For the avoidance of doubt the Worst Performing Share shall be specified by the Calculation Agent in its absolute discretion.

• In this scenario, an investor who purchased the Certificates at the Issue Price will receive the amount originally invested in the Certificates.Scenario 8 The Reference Price (Final) of the Worst Performing Share is equal to or greater than its Barrier Level, and the Basket Performance (Average) is equal to 0.50.

• Scenario 3 The Reference Price (Final) of the Worst Performing Share is equal to or greater than its Barrier Level, the Basket Performance (Average) is equal to 1.50, and the FX Performance is 0.50.The Settlement Amount per Certificate (of the Nominal Amount) payable on the Maturity Date will be an amount equal to SEK 15,325.

• Worst Performing Share means, in respect of a Valuation Date, the Share having the lowest or equal lowest Performance in respect of such Valuation Date provided that, if two or more Shares have the same Performance, the Calculation Agent shall determine which of such Shares shall be the Worst Performing Share in respect of such Valuation Date.

More Definitions of Worst Performing Share

Worst Performing Share means the Share(i) with the lowest performance based on the following formula: Final Share Level(i) / Initial Share Level(i). If there is more than one Share(i) with the lowest performance, the Determination Agent shall determine the Worst Performing Share in its sole discretion.]

Worst Performing Share means the Share with the lowest Share Performance in respect of the Final Valuation Date. If two or more Share have an equal lowest Performance the Calculation Agent in its sole discretion will select any of such equal lowest Shares as the Worst Performing Share.

Worst Performing Share means the Share(i) with the lowest performance based on the following formula:

Worst Performing Share means the Share with the lowest performance of all the Shares, calculated as follows:V(i)Final V(i)InitialProvided that where more than one Share has the same lowest performance, the Determination Agent shall in its sole discretion select which of the Shares with the same lowest performance shall be the Worst Performing Share.

Worst Performing Share means, in respect of the Valuation Date, the Share with the lowest Share Performance for such Valuation Date, as determined by the Calculation Agent. In the event that two or more Shares have the same lowest Share Performance for the Valuation Date, then the Calculation Agent shall determine in its sole and absolute discretion which of such Shares shall be the Worst Performing Share for such Valuation Date, and such Share as so selected shall be deemed the Worst Performing Share.

Worst Performing Share means, in respect of a Coupon Valuation Date, the Share in the Share Basket with the lowest Share Performance in respect of such Coupon Valuation Date, as determined by the Calculation Agent, provided that if two or more Shares in the Share Basket have the same lowest Share Performance in respect of such Coupon Valuation Date, then the Worst Performing Share in respect of such Coupon Valuation Date shall be selected by the Calculation Agent amongst such Shares in its sole and absolute discretion.ANNEX

Worst Performing Share means the Share with the lowest Reference Value in respect of a relevant Interest Valuation Date.