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;

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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

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

• FIDELITY CONCORD STREET TRUST on behalf of Fidelity Nasdaq Composite Index Fund By /s/▇▇▇▇▇▇ ▇.

• The Performance Adjustment is added to or subtracted from the Basic Fee depending on whether the Fund experienced better or worse performance than the Standard & Poor’s Composite Index of 500 Stocks (the “Index”).

• PSUs are notional units of measurement and represent the right to receive a number of Shares determined on the basis of the performance of the Shares in comparison to the performance of the common stock of companies comprising the Standard & Poor’s 500 Composite Index (the “S&P 500”) (as adjusted as described below), on the terms and conditions set forth in this Agreement.

• The amount of any cash payment made under this Section 5 will be an amount equal to the number of Shares underlying the Performance Units subject to the Award multiplied by the highest price per share paid in any transaction reported on the New York Stock Exchange Composite Index: (A) during the sixty (60) day period preceding and including the date of a “change in the Corporation’s capital structure;” or (B) during the sixty (60) day period preceding and including the date of the Change in Control.

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

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

Composite Index means, for any year, the sum of: (i) 0.40, multiplied by a fraction, the numerator of which is the United States Producer Price Index—All Commodities-Series Id: WPU00000000- Annual Average for such year, and the denominator of which is the United States Producer Price Index—All Commodities-Series Id: WPU00000000- Annual Average for 2001; plus (ii) 0.20, multiplied by a fraction, the numerator of which is the United States Producer Price Index - Metals and Metal Products-Sheets, Cold Rolled Carbon - Series Id: WPU10170711-Annual Average for such year, and the denominator of which is the United States Producer Price Index—Metals and Metal Products-Sheets, Cold Rolled Carbon—Series Id: WPU10170711—Annual Average for 2001; plus (iii) 0.40, multiplied by a fraction, the numerator of which is the Eastern Canadian Pellet Price for such year, and the denominator of which is the Eastern Canadian Pellet Price for 2001. (Eastern Canadian Pellet Price for 2001 is $0.5236 per iron unit.) For each year beginning in 2004, the Composite Index, (w) 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 Algoma not later than December 15 of the prior year, (x) shall be updated based on Cliffs’ good faith estimate (which shall take into account all data that is final for the year in determination) given to Algoma not later than June 15 of such year, (y) shall be updated again based on Cliffs’ good faith estimate (which shall take into account all data that is final for the year in determination) given to Algoma not later than January 15 of the following year, and (z) shall be finally determined and certified by Cliffs on June 15 of the following year. Should Algoma disagree with Cliffs’ estimate or final determination, Algoma may require that such estimate or final determination be determined by arbitration pursuant to Section 15.