Reference Portfolio Level definition

Reference Portfolio Level means on any day, the level of the Reference Portfolio, which shall correspond to the Reference Portfolio Level on the Issuance Date (being 1,000), adjusted upward or downward by a proportion equal to the Total Reference Share Return, as per the following formula:
View Source
Reference Portfolio Level means, subject to the provisions of paragraph 2 (Consequences of Disrupted Days) of this paragraph 46 (Additional Provisions), (i) in respect of any Reference Portfolio Calculation Date except the Redemption Determination Date, a level for the Reference Portfolio calculated by the Calculation Agent based on the closing price or value of each Constituent on the relevant Exchange or Related Exchange on that Reference Portfolio Calculation Date, and (ii) in respect of the Redemption Determination Date, a level for the Reference Portfolio calculated by the Calculation Agent as the sum of (x) the sale proceeds, as converted into the Specified Currency where applicable, using the prevailing exchange rate, as determined by the Calculation Agent in
View Source
Reference Portfolio Level means on any day, the sum of the Constituent Values on that day.
View Source

More Definitions of Reference Portfolio Level

Reference Portfolio Level means, subject to the provisions of paragraph 2 (Consequences of Disrupted Days) of this paragraph 46 (Additional Provisions), (i) in respect of any Reference Portfolio Calculation Date except
View Source
Reference Portfolio Level means on any day, a number (rounded to three decimal places) equal to the product of
View Source
Reference Portfolio Level means on any day, the level of the Reference Portfolio, which shall be equal to the Reference Portfolio Level on the Issuance Date (being 1,000), adjusted upward or downward by the product of one plus the sum of the Weighted Reference Asset Returns of all Reference Assets comprising the Reference Portfolio.
View Source

Related to Reference Portfolio Level

  • Reference Portfolio Return means on any day, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.

  • Reference Portfolio means, the notional portfolio made up of each Reference Asset, as described in this Information Statement under “Reference Portfolio”.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Reference Asset Weight means, in respect of a Reference Asset, the proportion of the Reference Portfolio set out under the heading “Reference Portfolio Weight” for such Reference Asset in the table included under “THE REFERENCE PORTFOLIO, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Reference Cut-Off Date means the eighth Scheduled Trading Day immediately following the Scheduled Reference Date or, if earlier, the Scheduled Trading Day falling on or immediately preceding the second Business Day immediately preceding the due date on which payment of any amount or delivery of any assets may have to be made pursuant to any calculation or determination made on such Reference Date, provided that the Reference Cut-Off Date shall not fall prior to the original date on which such Reference Date was scheduled to fall.