Examples of Index Initial in a sentence
The following example is illustrative of the operation of this adjustment methodology: Assume that on the Effective Date the MHC Index Initial Position is 100.
On the Final Maturity Date, the Issuer shall redeem each Bond at the following Cash Settlement Amount 1) If Index Final is greater than Index Initial: N x [ 90% + 200% x Index Final – Index Initial ] Index Initial 2) If Index Final is less than or equal to Index Initial: N x 90% Where: Index Initial is the official closing level of the MS Dynamic Fund Allocation Index (MSQTDFAA Index) on the Initial Valuation Date.
Scenario 3: If on Valuation Date(1), Performance(1) is lower than -20%, then: Final Redemption Amount = Specified Denomination x [80%] Performance means: (Index Final / Index Initial) - 100% The Official Closing Level of the Solactive Private Equity Select Index (SOLPRIVT Index) will be used in all cases.
Final Index Initial Index Upside Level - Level (2) $1,000 x Participation x ------------------------------- Rate Initial Index Level o If the Final Index Level is less than the Initial Index Level and the Closing Level of the Index is at or above the Threshold Level on all Exchange Business Days during the Measurement Period, $1,000.
Yrs With FundGreat-West International Index Initial andGreat-West S&P Mid Cap 400 Index InitialRichard A.