Index Contract definition

Index Contract means any Contract Terms where the Underlying is an index or indices, as determined by the Exchange from time to time;
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Index Contract means a contract under which benefits shall be based upon a publicly available interest rate series or an index of the aggregate market value of a group of publicly traded financial instruments, either of which is specified in the contract, and that does not provide a guarantee of some or all of the consideration received plus earnings at a fixed rate specified in advance and that does not provide any secondary guarantees on elective benefits or maturity values.
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Index Contract means each commodities contract comprising the Index or any Successor Index, as applicable.
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Examples of Index Contract in a sentence

  • For the avoidance of doubt, a Market Disruption Event arising in relation to an Index Contract shall constitute a Market Disruption Event for both the LBCIPB Component Sub-Index and LBCI Component Sub-Index which that Index Contract underlies.

  • The Index level will be computed by the Calculation Agent in accordance with the formula for and method of calculating the Index last in effect prior to such discontinuation, using the Settlement Prices on the Relevant Contract Exchanges (or, if trading in an Index Contract has been materially suspended or materially limited, its good faith estimate of the Settlement Price that would have prevailed but for such suspension or limitation) at the close of trading on the applicable Valuation Date.

  • The Final Index Value will be computed by the Calculation Agent in accordance with the formula for and method of calculating the Index last in effect prior to such discontinuation, using the settlement prices on the Relevant Exchanges (or, if trading in an Index Contract has been materially suspended or materially limited, its good faith estimate of the settlement price that would have prevailed but for such suspension or limitation) at the close of trading on the Valuation Date.

  • If an Index Unavailability Event is in effect on the scheduled Valuation Date (and no Market Disruption Event is then in effect), the Calculation Agent will determine the Final Index Value on the Valuation Date in good faith in accordance with the formula for and method of calculating the Index last in effect prior to commencement of the Index Unavailability Event using the closing price on the Relevant Exchanges of each Index Contract.

  • Distributor Index, Contract Manufacturer Index, and S&P 500 February 16, 1995 - February 16, 1996 Graph depicting ZETA against PC Service Source, the S&P 500, and indices of the Distributors (CPLX, ARW, WYL, BELM, JACO) and Contract Manufacturers (JBIL, MERX, ACTM, SANM, ALRN, GRTK, DIIG, BHE, FLEXF, REPT).

  • Please clarify that, since there is only one Index, Contract Owners funds can only be allocated to Subaccounts if the Index is discontinued and not replaced.

  • In July 2009, the Company entered into the following oil price swaps to hedge an additional portion of its estimated oil production: Aggregate Index Contract volume price period (a) The index prices for the oil price swaps are based on the NYMEX-West Texas Intermediate monthly average futures price.

  • For purposes of calculating the Final Basket Level in the event of a Disruption Event relating to one or more Component Commodities or Index Contracts in accordance with the above, “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Component Commodity or on the organized exchange or market of trading for the affected Index Contract.

  • For purposes of the above, (a) “Index Contracts” means the commodities contracts then underlying the Index or any Successor Index; (b) “Relevant Exchange” means any organized exchange or market of trading for any futures contract (or any combination thereof) then included in the Index or any Successor Index; and (C) “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Index Contract.


More Definitions of Index Contract

Index Contract means the commodity contract then underlying each Component Sub-Index.
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Index Contract means, in respect of any relevant day, each commodities or futures contract included in the Index;
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Index Contract means a contract under which benefits shall be based upon a publicly available interest rate series or an index of the aggregate market value of a group
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Index Contract means the Henry Hub natural gas futures contract underlying the Index and traded on the Relevant Exchange, or any other natural gas futures contract then underlying the Index or any Successor Index.
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Index Contract means, each commodities or futures contract included in the Index;
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Related to Index Contract

  • 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 Indexat 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), allas determined by the Calculation Agent.

  • Index Provider means, in respect of a Sub-Fund, the person responsible for compiling the Index against which the relevant Sub-Fund benchmarks its investments and who holds the right to licence the use of such Index to the relevant Sub-Fund as set out in the relevant Appendix.

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

  • Index Modification means in respect of an Index, the Index Sponsor announces that it shall make a material change in the formula for or the method of calculating that Index or in any other way materially modifies that Index (other than a modification prescribed in that formula or method to maintain that Index in the event of changes in constituent stock and capitalisation and other routine events).

  • 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.

  • 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 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.