Index Reconstitution Day definition

Index Reconstitution Day means, in relation to a Selection Date, the third Trading Day after such Selection Date;
Sample 1Sample 2
Index Reconstitution Day means, in relation to an Index Selection Date and subject as provided in Part 7, the third Trading Day following such Index Selection Date or if such day is not a Trading Day in respect of each Previous Index Constituent and each New Index Constituent, the immediately following Business Day which is a Trading Day in respect of each Previous Index Constituent and each New Index Constituent;
Sample 1Sample 2
Index Reconstitution Day means the fourth Trading Day following an Index Selection Day; “Index Selection Day” means the last Trading Day of each calendar month;
Sample 1

Examples of Index Reconstitution Day in a sentence

  • Following the initial Index constitution, the Index Sponsor has reconstituted and will reconstitute the Index on a monthly basis on each Index Reconstitution Day and determine New Index Constituents as described in “Index Selection Process” below.

  • Index T t2 IRD=the Total Return Sector Basket Index Level of Index 2 of the Short Strategy Sector Basket as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

  • The Index Sponsor may also make modifications to the terms of the Index and/or the method of calculating the Index Level of the Index in any manner to correct any manifest error or proven error or to cure, correct or supplement any defective provision contained herein.The Index Sponsor in its reasonable discretion may amend any Index Reconstitution Day (each a “Date” and together the “Dates”) if this is necessary or desirable in connection with the Index.

  • IndexP t1 IRD = the Price Return Sector Basket Index Level of the corresponding price return Index 1 as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

  • IndexS t2 IRD = the Sector Basket Index Level of Index 2 of the Short Strategy Sector Basket as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

  • IndexP t2 IRD = the Price Return Sector Basket Index Level of the corresponding price return Index 2 as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

  • The shares constituting the Index will be equally weighted on each Index Reconstitution Day as described in “Index Calculation on an Index Reconstitution Day” under “Index Calculation” below but subject to the provisions in “Other Adjustments” below.

  • Publication of Reference Level on the occurrence of disruption eventsThe Index Sponsor may publish an Index Level on a Business Day on which certain disruption events occur in relation to the Underlying if such Business Day is not an Index Reconstitution Day (as these terms are defined in “Information relating to the Underlying”, below).

  • Index T t1 IRD = the Total Return Sector Basket Index Level of Index 1 of the Short Strategy Sector Basket as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

  • IndexL t2 IRD = the Sector Basket Index Level of Index 2 of the Long Strategy Sector Basket as of the Index Reconstitution Day falling immediately prior to Trading Day(t).

Related to Index Reconstitution Day

  • Reconstitution Date The date or dates on which any or all of the Mortgage Loans serviced under this Agreement shall be removed from this Agreement and reconstituted as part of a Pass-Through Transfer or a Whole Loan Transfer pursuant to Section 7.01 hereof. On such date or dates, the Mortgage Loans transferred shall cease to be covered by this Agreement and the Servicer's servicing responsibilities shall cease under this Agreement with respect to the related transferred Mortgage Loans.

  • Transaction Day means each twenty-four (24) hour period or portion thereof, for which a customer of a Rental Car company rents, or otherwise enters into a similar arrangement for the use of a Motor Vehicle and for which the Rental Car company collects revenue from the customer. Late returns (after twenty-four (24) hours) shall be considered a Transaction Day.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Termination Day means: (a) each day on which the conditions set forth in Section 2 of Exhibit II to this Agreement are not satisfied or (b) each day that occurs on or after the Facility Termination Date.

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Index Group means the NASDAQ Bank Index.

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Reconstitution Any Securitization Transaction or Whole Loan Transfer.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.C.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

  • Man Day means 7.5 Man Hours, whether or not such hours are worked consecutively and whether or not they are worked on the same day;

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the frequency with which scheduled interest payments are payable on the Notes during the relevant Reset Period (calculated on the day count basis customary for fixed rate payments in the Relevant Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Relevant Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (calculated on the day count basis customary for floating rate payments in the Relevant Currency as determined by the Calculation Agent);

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • person day means one normal working shift of carrying out construction work by a person on a construction site

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.