Closing Index definition
Examples of Closing Index in a sentence
The Calculation Agent shall calculate the Closing Index Level on any particular day and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted.
The Calculation Agent will calculate the Closing Index Level on any particular day and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted.
The Calculation Agent shall calculate the Closing Index Level of a Component Index on any particular day and the Maturity Payment Amount with reference to such Component Index or such Successor Index, as adjusted.
For the purposes of this illustration only, the averaging periods for determination of the Average Per Share Closing Price and the Average Closing Index Value are assumed to be the 10-day periods ending on the first day of the Measurement Period and the last day of the Measurement Period.
The Lender shall have received each of the Financing Documents listed on the Closing Index circulated concurrently herewith, unless a written agreement has been executed allowing its delivery after the Closing Date.
The Calculation Agent shall determine (i) the Average Closing Index Level, (ii) the Equity Bonus and (iii) the amount payable at Stated Maturity for each $1,000 principal amount of Securities (the "Maturity Payment Amount").
For the purposes of this illustration only, the averaging periods for determination of the Average Per Share Closing Price and the Average Closing Index Value are assumed to be the 10-day periods ending on the first day of the Performance Period and the last day of the Performance Period.
The Calculation Agent shall also be responsible for (a) the determination of the Maturity Payment Amount, (b) the determination of whether adjustments to the Closing Level of the Index should be made, (c) the determination of the Average Closing Index Level, (d) the determination of the Equity Bonus, (e) the determination of the Successor Index if publication of the Index is discontinued and (f) the determination of whether a Market Disruption Event has occurred.
Upon the effectiveness of this Amendment, each of Seller, the Administrative Agent, each of the current Originators and SGT, as applicable, authorizes the filing by the Administrative Agent (or its designee) of the UCC-1 and UCC-3 financing statements, if any, described on the Closing Index attached hereto as Annex D.
The Borrower shall deliver or cause to be delivered the agreements, documents, instruments, certificates, opinions and other items referred to in a certain Closing Index relating to this Credit Agreement, each of which shall be in form and substance satisfactory to the Agent and the Lenders.