Base Index Level definition

Base Index Level means the base index level as specified in the relevant Final Terms;
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Base Index Level means the base index level as specified in the applicable Final Terms;
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Base Index Level means the base index figure as specified in the relevant Final Terms;
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Examples of Base Index Level in a sentence

  • By way of example, if the Base Index Level on the first day of the second Lease Year is 240 and the Adjusted Index Level on the first day of the third Lease Year is 244.8, the percentage increase in the Index is 102% (i.e. 244.8 divided by 240).

  • Thereafter, the Variable Rent Threshold shall increase annually (but never decrease) to an amount (the “Adjusted Variable Rent Threshold”) calculated by multiplying the Variable Rent Threshold by the percentage by which the Adjusted Index Level exceeds the Base Index Level.

  • Index Ratio means, in respect of an Instalment Valuation Date, the Index Level in respect of such date divided by the Base Index Level, subject to a minimum of 1.

  • Where: Base Index Level means 209.8. Index means the “Non-revised Retail Price Index All Items in the United Kingdom” measuring the all items rate of inflation in the United Kingdom expressed as an index and published by the Index Sponsor, or a successor index thereto determined pursuant to clause 2.2 hereto.

  • Where: Base Index Level means 258.9. Index means the “Non-revised Retail Price Index All Items in the United Kingdom” measuring the all items rate of inflation in the United Kingdom expressed as an index and published by the Index Sponsor, or a successor index thereto determined pursuant to clause 2.2 hereto.

  • The New York Mercantile Exchange, Inc (NYMEX), merged with Chicago Mercantile Exchange (CME) Group in 2008.The Multi-Tenor Index is denominated in U.S. dollars and has a Base Date of 4th January 2010 with a Base Index Level of 100.

  • The Risk Controlled Portfolio Level on the Base Date for an Index is equal to the Base Index Level and the Performance Weighting on the Base Date is equal to the Base Date Performance Weighting, all of which are specified in the relevant Index Terms Module for an Index.


More Definitions of Base Index Level

Base Index Level means and be defined as the level of the Index in effect on the Rental Commencement Date.
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Base Index Level means the base index level as specified in the relevant Final Terms; “Index” or “Index Level” means (subject as provided in Condition 4.9) the non-revised Harmonised Index of Consumer Prices excluding tobacco or relevant Successor Index (as defined in Condition 4.9(i)), measuring the rate of inflation in the European Monetary Union excluding tobacco, expressed as an index and published by Eurostat (the “HICP”). The first publication or announcement of a level of such index for a calculation month (as defined in Condition 4.9(i)) shall be final and conclusive and later revisions to the level for such calculation month will not be used in any calculations. Any reference to the Index Level which is specified in these Conditions as applicable to any day (“d”) in any month (“m”) shall, subject as provided in Condition 4.9, be calculated as follows: ௡௕ௗ Id = HICP m-3 + x (HICP m-2 – HICP m-3) ௤௠ where: Id is the Index Level for the day d HICP m-2 is the level of HICP for month m-2 HICP m-3 is the level of HICP for month m-3 nbd is the actual number of days from and excluding the first day of month m to but including day d; and q m is the actual number of days in month m, provided that if Condition 4.9 applies, the Index Level shall be the Substitute Index Level determined in accordance with such Condition. “Index Business Day” means a day on which the TARGET System is operating; “Index Determination Date” means in respect of any date for which the Index Level is required to be determined, the fifth Index Business Day prior to such date; “Index Ratio” applicable to any date means the Index Level applicable to the relevant Index Determination Date divided by the Base Index Level and rounded to the nearest fifth decimal place, 0.000005 being rounded upwards; and “Related Instrument” means an inflation-linked bond selected by the Calculation Agent that is a debt obligation of one of the governments (but not any government agency) of France, Italy, Germany or Spain and which pays a coupon or redemption amount which is calculated by reference to the level of inflation in the European Monetary Union with a maturity date which falls on (a) the same day as the Maturity Date, (b) the next longest maturity date after the Maturity Date if there is no such bond maturing on the Maturity Date, or (c) the next shortest maturity before the Maturity A39131566 80
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Base Index Level means the level of the Inflation Index as at the Base Index Date.
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Related to Base Index Level

  • 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 Index at 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), all as determined by the Calculation Agent.

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;