Index Change means the Producer Price Index is no longer published or the method of calculating the Producer Price Index is changed so that the Producer Price Index no longer reflects general increases in prices in the broad United States economy.
Index Change is equal to (A / B) - 1, where: A is the Index Price for the Segment End Date; and B is the Index Price for the Segment Start Date. [If the Index Change is greater than or equal to zero, then the “Segment Credit Percentage” on the Segment End Date will be equal to the lesser of (1) or (2), where: (1) = Greater of zero and B x [A – (D x E)]; (2) = Greater of zero and B x [C – (D x E)]; and where A is the Index Change; B is the Participation Rate; C is the Cap Rate; D is the Annual Spread; and E is the number of years in the Segment Term Period.] [If the Index Change is greater than or equal to zero, then the “Segment Credit Percentage” on the Segment End Date will be equal to the lesser of (1) or (2), where: (1) = Greater of zero and B x A; (2) = Greater of zero and B x C; and where A is the Index Change; B is the Participation Rate; and C is the Cap Rate.]
Index Change is equal to (A / B) - 1, where: A is the Index Price for the Segment End Date; and B is the Index Price for the Segment Start Date. The Index Change will be calculated for Index X, Index Y, and Index Z shown on the Segment Contract Schedule. Each Index Allocation Percentage will then be applied. The Index with the best performing Index Change will be multiplied by the Index Allocation Percentage 1. The Index with the second-best performing Index Change will be multiplied by the Index Allocation Percentage 2. The Index with the third best performing Index Change will be multiplied by the Index Allocation Percentage 3. The resulting “Aggregate Index Change” will equal: (Index Allocation Percentage 1 x Index Change for best performing Index) + (Index Allocation Percentage 2 x Index Change for second best performing Index) + (Index Allocation Percentage 3 x Index Change for third best performing Index). Buffer Multi-Index Strategy Endorsement Xxxxxx Xxxxxxx and Life Company Buffer MI II (01/22) Page 4 Buffer MI II (01/22) [If the Aggregate Index Change is greater than or equal to zero, then the “Segment Credit Percentage” on the Segment End Date will be equal to the lesser of (1) or (2), where: (1) = Greater of zero and B x [A – (D x E)]; (2) = Greater of zero and B x [C – (D x E)]; and where A is the Aggregate Index Change; B is the Participation Rate; C is the Cap Rate; D is the Annual Spread; and E is the number of years in the Segment Term Period.] [If the Aggregate Index Change is greater than or equal to zero, then the “Segment Credit Percentage” on the Segment End Date will be equal to the lesser of (1) or (2), where: (1) = Greater of zero and B x A; (2) = Greater of zero and B x C; and where A is the Aggregate Index Change; B is the Participation Rate; and C is the Cap Rate.] If the Aggregate Index Change is less than zero, then the “Segment Credit Percentage” on the Segment End Date will be equal to the lesser of zero and (A + B), where: A is the Aggregate Index Change; and B is the Buffer Rate. The amount of Segment Credits added to this Buffer Multi-Index Segment Option is equal to A x B, where: A is the Segment Value as of the previous day; and B is the Segment Credit Percentage. Xxxxxx X. Xxxxxxxxx Secretary /s/ Xxxxxx X. Xxxxxxxxx
Examples of Index Change in a sentence
If the Company and the Operator are unable to agree, a new index will be determined by arbitration in accordance with Article 26 and, for all periods following the date of such Index Change, such new index shall replace the Producer Price Index for all purposes herein.
In the event of an Index Change, the Company and the Operator shall negotiate in good faith to agree on a new index that gives comparable protection against inflation that the Producer Price Index gave as of the date hereof, and, for all periods following the date of such Index Change, such new index shall replace the Producer Price Index for all purposes herein.
The costs incurred by the Sub-Fund resulting from the Index Change will be borne by the Sub- Fund but such costs are anticipated to be immaterial.
The Hong Kong Offering Document (including the Product Key Facts Statements) of the Sub-Fund will be updated to reflect the Index Change.
Point-to-Point Cap Index Strategy is the Strategy that credits interest to the applicable Premium or Reallocation of Accumulation Value based on the Index Change, as defined in Section 5.3, of the Index over the Indexing Period.
More Definitions of Index Change
Index Change is equal to (A / B) - 1, where: A is the Index Price for the Segment End Date; and B is the Index Price for the Segment Start Date.
Index Change means, for the 2016 calendar year and each calendar year thereafter, the percentage change in the Index for the annual period ending on June 30 of the prior calendar year.
Index Change means the percentage change in the level of the MSM 30 Index from the close of business on the date of the Fund Management Agreement to the level of the MSM 30 Index on the close of business on the first anniversary of the Fund Management Agreement; and
Index Change means the “all items” portions of the United States Department of Labor Bureau of Labor Statistics Consumer Price Index for urban wage earners and clerical workers (1982-84 = 100) for the city or region closest to the Demised Premises for which an index is prepared for the shortest period for which an index is published which includes the date on which this Lease is signed, divided into the said index for the shortest period for which an index is published which includes the date on which the relevant Renewal Term commences. If the index is no longer published, the index of consumer prices in such city or region most closely comparable to said index, after making such adjustments as may be prescribed by the agency publishing same or as otherwise may be required to compensate for changes subsequent to the Commencement Date, in items included or method of compilation or computation thereof, shall be substituted therefor.
Index Change. The term "Index Change" shall mean the "all items" portions of the United States Department of Labor Bureau of Labor Statistics Consumer Price Index for urban wage earners and clerical workers (1982-84 = 100) for the city or region closest to the Demised Premises for which an index is prepared for the shortest period for which an index is published which includes the date on which this Lease is signed, divided into the said index for the shortest period for which an index is published which includes the date on which the relevant Renewal Term commences. If the index is no longer published, the index of consumer prices in such city or region most closely comparable to said index, after making such adjustments as may be prescribed by the agency publishing same or as otherwise may be required to compensate for changes subsequent to the Commencement Date, in items included or method of compilation or computation thereof, shall be substituted therefor.
Index Change is equal to (A / B) - 1, where: A is the Index Price for the Segment End Date; and B is the Index Price for the Segment Start Date. The “Segment Credit Percentage” is the percentage multiplied by the Segment Value to determine the Segment Credit. If the Index Change is greater than or equal to zero, then the Segment Credit Percentage on the Segment End Date will be equal to the lesser of (1) and (2), where: (1) = Greater of zero and A x B; and (2) = Greater of zero and B x C; where A is the Index Change; B is the Participation Rate; and C is the Cap Rate. If the Index Change is less than zero, then the Segment Credit Percentage on the Segment End Date will be equal to the lesser of zero and (A + B), where: A is the Index Change; and B is the Buffer Rate. The amount of Segment Credits added to this Buffer Segment Option is equal to A x B, where: A is the Segment Value as of the previous day; and B is the Segment Credit Percentage. Xxxxxx X. Xxxxxxxxx Secretary /s/ Xxxxxx X. Xxxxxxxxx
Index Change means the cumulative percentage increase (if any) in the cost of living for the five-(5) year period immediately preceding each Adjustment Date in the Consumer Price Index All Urban Consumers U.S. City Average (1982-84=100), published by the United States Department of Labor, Bureau of Labor Statistics (“Index”), except the 8½th year adjustment shall be based on $4,200,000 increased by the cumulative percentage increase (if any) in the cost of living for the ten-year period immediately preceding such Adjustment Date.