Actual Index definition

Actual Index means, as of the date of determination, the "prime rate" announced in The Wall Street Journal, published on such day, or if The Wall Street Journal is not published on such day, then the "prime rate" announced in the most recently published edition of The Wall Street Journal. If the Actual Index is no longer available, Holder will choose a new index which is based upon comparable information and will give Maker notice of such new "Actual Index."
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Actual Index means, as of the date of determination, the London interbank offered rate for deposits in United States dollars having a maturity of one month which appears in the "Money Rates" section of The Wall Street Journal, published on the business day on, or immediately prior to, the 28th day of the month immediately preceding such calendar month. If the Actual Index is no longer available, Holder will choose a new index which is based upon comparable information and will give Maker notice of such new "Actual Index."
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Actual Index means, as of the date of determination, the London interbank offered rate for deposits in United States dollars having a maturity of one month which appears in the "Money Rates" section of The Wall Street Journal, published on the business day on, or immediately prior to, the 28th day of the month immediately preceding such calendar month. If the Actual Index is no longer available, Lessor will choose a new index which is based upon comparable information and will give Lessee notice of such new "Actual Index."
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Examples of Actual Index in a sentence

  • Interest on the balance of the Principal outstanding on this Note shall accrue from the Funding Date of this Note and shall be due and payable at a fixed rate of seven and twenty-five hundredths percent (7.25%) per annum (the "Interest Rate") which rate shall be immediately and correspondingly adjusted (pursuant to 2(b) hereof) with each change in the Actual Index (as hereinafter defined).


More Definitions of Actual Index

Actual Index means, as of the date of determination, the "prime rate" announced in THE WALL STREET JOURNAL, published on such day, or if THE WALL STREET JOURNAL is not published on such day, then the "prime rate" announced in the most recently published edition of THE WALL STREET JOURNAL. If the Actual Index is no longer available, Holder will choose
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Actual Index means, as of the date of determination, the London interbank offered rate for deposits in United States dollars having a maturity of one month which appears in the "Money Rates" section of The Wall Street Journal, published on the business day on, or immediately prior to, the 28th day of the month immediately preceding such calendar month If
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Related to Actual Index

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • CPI Index is defined in Section 2.1(c) of this Agreement.