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 Index at 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), all as determined by the Calculation Agent.

Index Level means, in respect of an Index on any Valuation Date, the level of the Index published by the Index Sponsor.

Index Level means the level of the Index as determined by the Determination Agent by reference to the level of the Index published by the Index Administrator.

Examples of Index Level in a sentence

The rules of an Index might stipulate that dividends distributed on its Components do not lead to a rise in the Index Level, for example, if it is a "price" index.
In this example, the Final Index Level is greater than or equal to the Protection Barrier Level.
The rules of an Index might stipulate that dividends distributed on its components do not lead to a rise in the Index Level, for example, if it is a "price" index.
Performance Fee means a fee which on any valuation date (PF (t)) will be equal to 15% in relation to the positive Gross Increase of the Index Level plus VAT if applicable in the relevant jurisdiction of the Investment Advisor, currently Malta ((currently 18%), resulting in an aggregate percentage of currently up to 17.70%).
Management Fee means a fee of 0.00246575 index points per calendar day; if an Index Calculation Day has been immediately preceded by a calendar day (or more than one consecutive calendar days) which is not an Index Calculation Day, the Management Fee for such calendar day which is not an Index Calculation Day is applied to the calculation of the Index Level for the relevant Index Calculation Day.

More Definitions of Index Level

Index Level means the Level of the Reference Asset as defined in § 3 of the Issue Specific Conditions. "Index Sponsor" has the meaning as defined in § 3 of the Issue Specific Conditions.

Index Level means the level of the Index as calculated by the Index Calculation Agent on the basis of the respective Basket Level (see Appendix (b)) and the Money Market Instrument (see section 3 - Index Calculation - of this Index Description), and published in accordance with section 4 - Index Publication - of this Index Description by the Index Calculation Agent.

Index Level means, in respect of any day and subject to the Adjustment Provisions, the official closing level (which shall be deemed to be an amount in the Index Currency) of the Index on such day, all as determined by the Calculation Agent.

Index Level means the Closing Price as defined in § 3 of the Issue Specific Conditions.

Index Level means the level of the Index as determined by the Determination Agent at the relevant Valuation Time on each Index Valuation Date by reference to the level of the Index pub- lished by the Index Administrator.

Index Level means, in respect of any day and an Index and subject to the Adjustment Provisions, the closing level of such Index at the Valuation Time on such day, all as determined by the Calculation Agent.

Index Level means, on any relevant Scheduled Trading Day, the official closing level of the Index, as calculated and published by the Index Sponsor.