Index Levels definition

Index Levels means, in respect of the Index and an index Business Day, the value of the Index on such index Business Day, calculated in accordance with the methodology described herein.

Examples of Index Levels in a sentence

  • If a Market Disruption Event continues for more than 5 Index Business Days following a Disrupted Holdings Calculation Date, the Index Calculation Agent shall, in good faith, determine the levels of each Disrupted Component j that will be used in the calculation of Holdings and Index Levels.

  • Correction of Index Levels: Correction of Index Levels appliesCorrection Cut-Off Date: In relation to a Relevant Determination Date, threeBusiness Days after such Relevant Determination Date.

  • Correction of Index Levels: Correction of Index Levels [applies/does notapply and the Reference Price shall be calculated without regard to any subsequently published correction].

  • When this happens, it is necessary for the calculations of the Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect futures prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.

  • MARKET DISRUPTION AND ADJUSTMENT The provisions of Market Disruption, Adjustment to Index and Correction to Stock Prices or Index Levels, each as specified in Part B in the Registration Document, apply to the Cell Shares.

  • Correction of Index Levels: Correction of Index Levels applies, subject to Condition10(b)(iii) ( Correction of an Index Level).

  • When this happens, it is necessary for the calculations of each Index to be adjusted so that they all remain replicable by market participants i.e. adjustments are made to the Index calculations to ensure that the Index Levels reflect futures prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.

  • When this happens, it is necessary for the calculations of each Index to be adjusted so that they all remain replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect futures prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.

  • Correction of Index Levels: Correction of Index Levels [applies/does not applyand the Reference Price shall be calculated without regard to any subsequently published correction].

  • When this happens, it is necessary for the calculations of the affected Index to be adjusted so that it remains replicable by market participants i.e. adjustments must be made to the Index calculations to ensure that the Index Levels reflect contract prices that were attainable in the market at the times they would need to be traded in order to replicate the performance of the Index.

Related to Index Levels

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by: