Index Objective definition

Index Objective means the objective of the Index as defined in Section B. - I. Objective of the Index of this Index Description.

Examples of Index Objective in a sentence

  • Only in instances where such recommendation is not in line with the Index Objective it will be neglected by the Index Administrator.

  • Index Objective: The index measures the performance of the underlying index, excluding those constituents with low liquidity and employing an alternative weighting scheme as defined below.

  • The Index Sponsor shall have discretion to make any changes to the rules governing the design and calculation of the Index which it determines to be necessary in order to ensure that the Index complies with the Index Objective.

  • If the Investment Universe is no longer suitable to pursue the Index Objective, the Index Sponsor may change the Investment Universe in such a way that a substantially unchanged tracking of the Index Objective remains possible.

  • Fund Benchmark Index Objective Contact us xpsgroup.com XPS Pensions Consulting Limited, Registered No. 2459442.

  • If pursuing the Index Objective requires a change in the Index Rules due to (i) a significant change in the relevant regulatory or legal framework or taxation, (ii) a significant change in case law, or (iii) substantially changed market circumstances, the Index Sponsor shall amend the Index Rules in its reasonable discretion (§ 315 BGB) in such a way that a substantially unchanged pursuance of the Index Objective remains possible.

  • The Index Sponsor has the right to change the rules of the Index, subject to Index amendment procedures described in Section 2.1. The Index Sponsor and the Calculation Agent make no representation or warranty that the Index will achieve the Index Objective.

  • To pursue the Index Objective, the Index Value (as defined in section 6) is determined based on the Closing Prices (as defined below) of the Basket Constituents taking into consideration their respective Target Weights (as defined in section 3.2.1), the Participation Rate and by subtracting the index fee of 2.1% p.a. (as defined in section 6).The Index Calculation Agent calculates the Index Value in the Index Currency on each Index Calculation Day at the Calculation Time.

  • The Index Calculation Agent may undertake an extraordinary reweighting pursuant to the procedure described in section 3.2 if changes in market conditions have a significantly negative effect on achieving the Index Objective.

  • Such a change in the Index Rules shall not have a significant adverse effect on the economic position of the holders of financial products linked to the Index.In the case of an Fund Event, Index Event or other serious circumstances, the affected In- struments are replaced by constituents of an economically equivalent asset class and/or in- vestment strategy if pursuing the Index Objective is significantly affected by the Fund Event, Index Event or the other serious circumstances.

Related to Index Objective

  • 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.

  • Management Objectives means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria:

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows: