Ending Index Level definition

Ending Index Level means, for any Measurement Period, the Index Level on the Measurement Date at the end of that Measurement Period.
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Ending Index Level shall equal the sum of (a) the sum of the products of the Closing Prices and the applicable Multipliers for each Index Security for which a Market Disruption Event does not occur on the Calculation Date, (b) if a Market Disruption Event occurs for an Index Security on the Calculation Date, the product of the Closing Price for such Index Security and the Multiplier for such Index Security and (c) any cash included in the 10 Uncommon Values Index on the Calculation Date.
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Ending Index Level shall equal the Closing Level on the Final Valuation Date or any Annual Observation Date, as the case may be.
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Examples of Ending Index Level in a sentence

  • If there is a single Index Valuation Date, the Periodic Valuation Level as of that date will be the Ending Index Level.

  • The Calculation Agent shall determine the Ending Index Level and the Maturity Payment Amount payable for each Security.

  • The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 1,162.93, $1,310.

  • The Calculation Agent shall also be responsible for (a) the determination of the Maturity Payment Amount, (b) whether adjustments to the Ending Index Level should be made, (c) the Successor Index if publication of the Index is discontinued and (d) whether a Market Disruption Event has occurred.

  • In addition, none of the LSE, the Financial Times and FTSE has any relationship to JPMorgan Chase Bank, N.A. or the CDs. None of the LSE, the Financial Times and the FTSE sponsors, endorses, authorizes, sells or promotes the CDs, or has any obligation or liability in connection with the administration, marketing or trading of the CDs or with the calculation of the Ending Index Level or Basket Closing Level on the Valuation Date.

  • In addition, investors should be willing to assume the risk that if the Ending Index Level is less than the Barrier Level, they will lose at least 50% of their principal and may lose their entire principal at maturity.

  • The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 105% of 1,464.22, $1,310.

  • The Calculation Agent shall determine the Ending Index Level and the Payment Amount payable for each Security.

  • The Calculation Agent shall also be responsible for (a) the determination of the Ending Index Level, (b) the determination of the Rollover Closing Level of the 10 Uncommon Values Index for each Twelve-Month Period, (c) determining if any adjustments to the 10 Uncommon Values Index and/or the Multipliers should be made and (d) whether a Market Disruption Event has occurred.

  • The Calculation Agent will not be responsible for good faith errors or omissions in determining or disseminating information regarding the Ending Index Level or determining the Cash Settlement Value for a Warrant.


More Definitions of Ending Index Level

Ending Index Level shall equal the Closing Level of the Index or a Successor Index, as the case may be, on the Payment Determination Date.
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Ending Index Level shall equal the Closing Level on the Calculation Date.
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Ending Index Level is the Index Closing Level on the Observation Date. The “Index Closing Level” on any Trading Day will equal the closing level of the Index or any Successor Index (as defined below) published following the regular official weekday close of trading on such Trading Day. In certain circumstances, the “Index Closing Level” will be based on the alternative calculation of the Index as described in Section 2.01(e) at the regular official weekday close of the principal trading session of the New York Stock Exchange (“NYSE”), the NYSE Alternext US LLC (the “NYSE Alternext”), The NASDAQ Stock Market or any Relevant Exchange for the Index or Successor Index, as applicable. The “Maximum Return” is 6.00%. The “notional amount” of each Warrant is $1,000.
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Ending Index Level means the Index Closing Level on the Observation Date.
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Related to Ending 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.

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

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

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

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Index B means the index for the year prior to index A.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.