Average Index Value definition

Average Index Value means the sum of the monthly index values during the most recently available 12-month period divided by 12 (in the case of indices published monthly) or the sum of the bi-monthly index values divided by 6 (in the case of indices published bi-monthly).
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Average Index Value means the average closing values of the Index for the ten consecutive trading days ending on the trading day prior to the Determination Date.
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Average Index Value has the meaning set forth in Section 11.1.9.
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Examples of Average Index Value in a sentence

  • Index Performance Factor A fraction, the numerator of which shall be the Final Index Value or Final Average Index Value, as applicable, and the denominator of which shall be the Initial Index Value.

  • Applicable for all PLUS Index Percent Increase A fraction, the numerator of which shall be the Final Index Value or Final Average Index Value, as applicable, minus the Initial Index Value and the denominator of which shall be the Initial Index Value.

  • Index Percent Decrease A fraction, the numerator of which shall be the Initial Index Value minus the Final Index Value or Final Average Index Value, as applicable, and the denominator of which shall be the Initial Index Value.

  • The actual AMV is calculated using this table and index for each month during the contract, and provided to the Designated Municipality with each monthly invoice.The AMV for each material = Average Index Value x Percent.

  • The CPI-W Rate Year One adjustment factor shall equal the results of the following calculation to yield a two-Rate Year Percentage Change to bring costs from 2010 dollars to 2012 dollars: [(1.00 + ((A – B) / B)) x (1.00 + ((A – B) / B))], whereas: A = The Average Index Value for the 12-month period ending October 2011 B = The Average Index Value for the 12-month period ending 2010 For example, if the result of Step 1 is 1.03, the Percentage Change would equal 1.061, which is 1.03 multiplied by 1.03.

  • The Monthly Average Index Value equals the sum of the monthly index values over the contract year, excluding the Beginning Index Monthly Value, divided by 12.

  • If such final Annual Value is the only Annual Value which shall have been calculated with respect to this Note, such final Annual Value will be the Final Average Index Value.

  • If one or two other Annual Values shall have been calculated with respect to this Note for prior years when this Note shall have been outstanding, the average of the final Annual Value and such one other Annual Value or such two other Annual Values, as the case may be, will be the Final Average Index Value.

  • Because the Final Average Index Value is an average of three Annual Values as described above, the price at which the Holder of an Indexed Note will be able to sell such Note in the secondary market may be at a discount if the first or second such Annual Value is below the Initial Index Value.

  • RESTRICTIONS ON TRANSFER OF SHARES PERMITTED.The Board of Directors (or Shareholders) may impose restrictions on Page 23Page 23 of 26 the transfer or registration of transfer of shares (including any security convertible into, or carrying a right to subscribe for or acquire shares).


More Definitions of Average Index Value

Average Index Value means the sum of the Final Prices for each company comprising the Index Group multiplied by the weight set forth on Exhibit C opposite the name of the applicable company, as they may be adjusted in accordance herewith.
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Average Index Value means the sum of the monthly index values during the 12‐ month period ending in June divided by 12 (in the case of indices published monthly) or the sum of the bi‐monthly index values divided by 6 (in the case of indices published bi‐ monthly).
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Average Index Value means the sum of the monthly index values during the twelve- (12-) 1054 month period ending in August divided by twelve (12) (in the case of indices published monthly) 1055 or the sum of the bi-monthly index values divided by six (6) (in the case of indices published bi- 1056 monthly). 1057 For example, if the Contractor is preparing its Rate application for Rate(s) to be effective for Rate 1058 Period Two, the Annual Percentage Change in CPI shall be calculated as follows: [(Average CPI for 1059 October 2019 through August 2020) – (Average CPI for October 2018 through August 2019)] / 22 May 2019 SBWMA/BFI Disposal Services Agreement 1060 (Average CPI for October 2018 through August 2019)]. 1061 1062 1063
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Average Index Value means, for each of the three basket indices, the arithmetic average of the Basket Index Closing Values on each of the five determination dates.
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Average Index Value means the average of the daily closing values of the Benchmark Index as reported by the NASDAQ Stock Market for all trading days falling within the applicable 60-calendar-day period.
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Average Index Value means the average of the Index Values for the twenty days of trading preceding the fifth trading day prior to the Effective Time.
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Related to Average Index Value

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

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

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and