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::(i) The {{eqderivprov|Knock-in Price}} is greater than the initial level set for the {{eqderivprov|Transaction}} (however described), when the level of the {{eqderivprov|Knock-in Reference Security}}, as of the {{eqderivprov|Knock-in Valuation Time}} on any {{eqderivprov|Knock-in Determination Day}} is at least equal to the {{eqderivprov|Knock-in Price}}; and | ::(i) The {{eqderivprov|Knock-in Price}} is greater than the initial level set for the {{eqderivprov|Transaction}} (however described), when the level of the {{eqderivprov|Knock-in Reference Security}}, as of the {{eqderivprov|Knock-in Valuation Time}} on any {{eqderivprov|Knock-in Determination Day}} is at least equal to the {{eqderivprov|Knock-in Price}}; and | ||
::(ii) The {{eqderivprov|Knock-in Price}} is less than the initial level set for the {{eqderivprov|Transaction}} (however described), when the level of the {{eqderivprov|Knock-in Reference Security}} as of the {{eqderivprov|Knock-in Valuation Time}} on any {{eqderivprov|Knock-in Determination Day}} is at most equal to the {{eqderivprov|Knock-in Price}}. | ::(ii) The {{eqderivprov|Knock-in Price}} is less than the initial level set for the {{eqderivprov|Transaction}} (however described), when the level of the {{eqderivprov|Knock-in Reference Security}} as of the {{eqderivprov|Knock-in Valuation Time}} on any {{eqderivprov|Knock-in Determination Day}} is at most equal to the {{eqderivprov|Knock-in Price}}. | ||
If the parties cannot agree whether a {{eqderivprov|Knock-in Event}} has occurred, the {{eqderivprov|Calculation Agent}} will decide. <br> | :If the parties cannot agree whether a {{eqderivprov|Knock-in Event}} has occurred, the {{eqderivprov|Calculation Agent}} will decide. <br> |