Initial Averaging definition

Initial Averaging means, if specified as being applicable in the applicable Pricing Supplement, that the Initial Share Price, Initial Value, Initial Fund Value or Initial Index Level (as applicable) will be determined on the basis of the arithmetic average of Prices, Levels, Values or Fund
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Initial Averaging means, if specified as being applicable in the applicable Pricing Supplement, that the Initial Share Price, Initial Value, Initial Fund Value or Initial Index Level (as applicable) will be determined on the basis of the arithmetic average of Prices, Levels, Values or Fund Values (as applicable) of the Share, Index, Fund Interest, Basket of Shares, Basket of Indices or Basket of Fund Interests on certain Initial Averaging Dates;
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Initial Averaging means, if specified as being applicable in the applicable Preference Share Confirmation, that the Initial Share Price, Initial Value or Initial Index Level (as applicable) will be determined on the basis of the arithmetic average of Prices, Levels, or Values (as applicable) of the Share, Index, Basket of Shares or Basket of Indices on certain Initial Averaging Dates;
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Examples of Initial Averaging in a sentence

  • Averaging Dates: Each of the consecutive Exchange Business Days commencing on, and including, the Initial Averaging Date and ending on, and including, the Final Averaging Date.

  • Initial Averaging Date: As provided in Annex B of this Confirmation.

Related to Initial Averaging

  • Averaging Date means each date specified as an Averaging Date in the relevant Final Terms or, if such date is not a Scheduled Trading Day, the immediately succeeding Scheduled Trading Day unless such day is a Disrupted Day in the opinion of the Calculation Agent. If such day is a Disrupted Day, then:

  • Averaging means for the purposes of determining Kick-Out levels and the Final Index Levels an arithmetic average of the closing level of the FTSE 100 over a specified number of Business Days, as determined by the Calculation Agent.

  • Averaging Dates means each of the dates set forth in the Final Terms, if any, or if any such date is not a Scheduled Trading Day, the next following Scheduled Trading Day, in each case subject to Condition 7(l).

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Cash Settlement Averaging Period has the meaning set forth in Section 12.13(a).