Composite Index definition

Composite Index means any Index specified as such in the applicable Final Terms, or if not so specified, any Index which the Calculation Agent determines to be such an Index;

Composite Index means any Index specified as such in the applicable Final Terms, or if not specified, any Index the Calculation Agent determines as such.

Composite Index means any Index in respect of which the component securities are principally traded on more than one exchange, as determined by the Calculation Agent.

Examples of Composite Index in a sentence

• The SSE Composite Index is an index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.

• The NASDAQ Composite Index is a market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System.

• The S&P/TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange (TSX) as measured by market capitalization.

• For example, the S&P/TSX Composite Index follows the share prices of the largest companies listed on the Toronto Stock Exchange.

• FBM KLCI : FBM Kuala Lumpur Composite Index A fall in the FBM KLCI may or may not be in a sequential manner i.e. down to 1st level, then 2nd level and finally 3rd level.

More Definitions of Composite Index

Composite Index means any Index specified as such in the applicable Final Terms, or, if not specified, any Index the Calculation Agent determines as such.

Composite Index means any Index in respect of which the securities comprising such Index are listed, traded or quoted on more than one exchange or quotation system as determined by the Calculation Agent and provided that, notwithstanding this definition, the Calculation Agent may elect to treat an Index as a Non-Composite Index if it determines this is appropriate acting in good faith and in a commercially reasonable manner.

Composite Index. At any time, the value computed in accordance with Section 9.01(a).

Composite Index means an index based on a universe of securities listed on different exchanges, specified as such in the relevant Final Terms, or if not specified, any index deemed as such by the Calculation Agent.

Composite Index means, for any year, the sum of: (i) [* * * *], multiplied by a fraction, the numerator of which is the [* * * *] for such preceding year, and the denominator of which is the [* * * *] for [* * * *]; plus (ii) [* * * *], multiplied by a fraction, the numerator of which is the [* * * *] for such preceding year, and the denominator of which is the [* * * *] for [* * * *]; plus (iii) [* * * *], multiplied by a fraction, the numerator of which is the [* * * *] for such preceding year, and the denominator of which is the [* * * *] for [* * * *]. The formula for calculating this Composite Index is set forth on Schedule 1(e). For each year beginning in [* * * *] the Composite Index (x) shall be initially determined based on Cliffs' good faith reasonable estimate (which shall take into account all data that is final for the year in determination) given to Inland not later than December 15 of the prior year and (y) shall be certified by Cliffs not later than June 15 of such year. Beginning in [* * * *], subject to adjustment pursuant to Section 7 hereof, payments shall be made by reference to the Composite Index estimated (with respect to payments made with respect to such year until June 15 of such year) and certified (with respect to payments made with respect to such year after June 15 of such year) by Cliffs pursuant hereto, unless disputed in good faith by Inland.

Composite Index means any Index in respect of which the component securities are principally traded on more than one exchange.

Composite Index means any Index which is either a Component Security Index or a Multi-Exchange Index; "Disrupted Day" means: