Index definition

Index. With respect to each Adjustable Rate Mortgage Loan and with respect to each related Adjustment Date, the index as specified in the related Mortgage Note.
Index. As to each Adjustable Rate Mortgage Loan, the index from time to time in effect for the adjustment of the Mortgage Rate set forth as such on the related Mortgage Note.

Examples of Index in a sentence

  • The RS Means Price Book is a unit price book adjusted for different geographic areas by using the City Cost Index for each location.

  • The Latest 12-month Average Index, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months.

  • The Latest 12-month Average % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report.

  • Price increases must be supported by a change in the Producer Price Index (PPI) for the Series ID(s) shown in the table below.

  • During the Initial Term, NCR Voyix may increase the fees and charges specified herein (including those set forth on an Order) once per year; provided, however, that each such annual increase will not exceed the percentage increase in the Consumer Price Index for All Items for all urban consumers plus 2% (but in no event will the increase be less than 2%).


More Definitions of Index

Index means each of the S&P 500 Index, the Russell 2000 Index and the EURO STOXX 50 Index.
Index. With respect to each Adjustable-Rate Mortgage Loan and each related Adjustment Date, the average of the interbank offered rates for six-month United States dollar deposits in the London market as published in THE WALL STREET JOURNAL and as most recently available as of the first business day 45 days or more prior to such Adjustment Date, as specified in the related Mortgage Note.
Index. With respect to any Interest Accrual Period for the COFI Certificates, if any, the then-applicable index used by the Trustee pursuant to Section 4.07 to determine the applicable Pass-Through Rate for such Interest Accrual Period for the COFI Certificates.
Index means the index specified for the ETP Securities in the Final Terms, or any Successor Index.
Index means the S&P 500® Index.
Index means the S&P 500® Index. The “Pricing Date” shall mean May 22, 2015. The “Starting Level” is 2126.06, the Closing Level of the Index on the Pricing Date. The “Closing Level” of the Index on any Trading Day means the official closing level of the Index reported by the Index Sponsor on such Trading Day, as obtained by the Calculation Agent on such Trading Day from the licensed third-party market data vendor contracted by the Calculation Agent at such time; in particular, taking into account the decimal precision and/or rounding convention employed by such licensed third-party market data vendor on such date, subject to the provisions set forth below under “Discontinuance of The Index; Alteration of Method of Calculation” and “Market Disruption Events.” The “Ending Level” will be the Closing Level of the Index on the Calculation Day. The “Threshold Level” is 1488.242, which is equal to 70% of the Starting Level. The “Participation Rate” is 100%. The “Contingent Minimum Return” is 40% of the Face Amount of this Security.
Index means, with respect to any adjustable rate Mortgage Loan, the index identified on the Mortgage Loan Schedule and set forth in the related Mortgage Note for the purpose of calculating the applicable Mortgage Interest Rate.