Index Business Day definition

Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

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Index Business Day means a day on which the level of the Index is usually determined and published by the Index Sponsor.

Index Business Day means a day on which the Index Exchange is scheduled to open for trading for its regular trading sessions;

Examples of Index Business Day in a sentence

This takes place between the 2nd and 6th Index Business Day of the month.
The ER Calculation Value in respect of Crude Oil and Heating Oil on any Index Business Day during a Recomposition Period is determined as provided in paragraph 7 (Recomposition Periods) and the ER Calculation Value in respect of each Index Commodity on any Index Business Day during a Rebalancing Period is determined as provided in paragraph 8 (Rebalancing Periods).
On the first Index Business Day of each month, each non-OY Single Commodity Index will select a new futures contract to replace the old futures contract as provided in the following schedule.
The closing level of the DBLCI calculated on an “excess return” basis (the “ER Closing Level”) on each Index Business Day is calculated by the Index Sponsor as the sum of the ER Calculation Values for each Index Commodity for such Index Business Day and rounding the result to six decimal places with 0.0000005 being rounded upwards.
In calculating the Closing Levels, the Index Sponsor shall have regard to subsequent corrections to any Closing Price published by the relevant Exchange prior to the Index Valuation Time on the Valid Date for the relevant Index Commodity immediately following the Index Business Day to which the relevant Closing Level relates but not thereafter.

More Definitions of Index Business Day

Index Business Day means a day on which The New York Stock Exchange (the “NYSE”), the Nasdaq National Market and the AMEX are open for trading and the Select Ten Index or any Successor Index (as defined below) is calculated and published. All determinations made by the Calculation Agent shall be at the sole discretion of the Calculation Agent and, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of the Notes.

Index Business Day means a day on which the TARGET System is operating;

Index Business Day means a day, as determined by the calculation agent, on which the Index or any successor index is calculated and published and on which securities comprising more than 80% of the value of the Index on such day are capable of being traded on their relevant exchanges during the one-half hour before the determination of the closing value of the Index. All determinations made by the calculation agent will be at the sole discretion of the calculation agent and will be conclusive for all purposes and binding on the Company and the beneficial owners of the Notes, absent manifest error.

Index Business Day means any day on which the Primary Exchange and each Related Exchange are scheduled to be open for trading.

Index Business Day means any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day on each Exchange and each Related Exchange, other than a day on which trading on any such Exchange or Related Exchange is scheduled to close prior to its regular weekday closing time.

Index Business Day means a day on which the Chicago Board of Trade (“CBOT”) is open for business.

Index Business Day means a day on which the Index is scheduled to be published by the Index Compiler or as the case may be, the Successor Index Compiler;