Index Starting Level definition

Index Starting Level means , the closing level of the Index on .
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Index Starting Level means either the Nikkei 225SM Index Starting Level or the S&P 500® Index Starting Level, as applicable.
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Index Starting Level means the Closing Level of the Reference Index on the Strike Date;
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Examples of Index Starting Level in a sentence

  • If the Index Sponsor discontinues publication of the Index and the Index Sponsor or any other person or entity publishes a substitute index that the Calculation Agent determines is comparable to the Index and approves as a Successor Index, then the Calculation Agent, in its sole discretion, may determine the Index Starting Level, the Index Ending Level or the amount payable on the Stated Maturity Date by reference to such Successor Index.

  • If the Index Sponsor discontinues publication of the Index and the Index Sponsor or any other Person or entity publishes a substitute index that the Calculation Agent determines is comparable to the Index and approves as a Successor Index, then the Calculation Agent, in its sole discretion, may determine the Index Starting Level, the Index Ending Level or the amount payable on the Stated Maturity Date by reference to such Successor Index.

  • Example of Possible Capital Return Outcomes at the Maturity Date: Growth (Growth Model):Issuer: Credit Suisse Underlying Asset: FTSE 100 Index Observation Date: Maturity Only430% of the first 15% increase in theUnderlying (capped at 64.5%)Term: 6 yearsMaturity Date: 20th July 2023 Index Starting Level: 6952.6 This Product has been created to generate capital growth based on the FTSE 100 Index over a fixed period of time.

  • The Calculation Agent shall have the right to postpone the calculation of the Index Starting Level in the case of March 2003, or any Index Ending Level thereafter, if the Calculation Agent determines that, on the last Business Day of the relevant calendar quarter, a Market Disruption Event occurs or is continuing.

  • If the determination of the Index Starting Level, the Index Ending Level or the Final Determination Date cannot be made on the tenth Business Day because a Market Disruption Event occurs or is continuing, the Calculation Agent shall determine the Index Starting Level, the Index Ending Level or the Final Valuation Date on such date by making a good faith estimate of the Closing Level of the Index that would have prevailed in the absence of such Market Disruption Event.

  • Fixed Capital Return (Growth Model):Issuer: InvestecUnderlying Asset: FTSE 100 IndexObservation Date: Annually 26th January 2020 onwards Return: 6.32% per annum plus 6.32%year 1 bonusTerm: 6 yearsMaturity Date: 26th January 2024 Index Starting Level: 7730.8 This Product has been created to provide a fixed level of capital return, which is paid out and the Product redeemed early, if the FTSE 100 Index is above the Starting Level at any of its Observation Dates.

  • In the event the calculation of the Index Starting Level in the case of March 2003, or any Index Ending Level thereafter, is postponed to the last possible day, but a Market Disruption Event occurs and is continuing on such day, the Calculation Agent shall determine the Index Starting Level in the case of March 2003, or any Index Ending Level thereafter (as the case may be) that would have prevailed on such day in the absence of a Market Disruption Event.

  • The calculation of the Index Starting Level in the case of March 2003, or any Index Ending Level thereafter, shall not be postponed by more than ten Business Day following the last Business Day of the relevant calendar quarter.

  • Since cloud computing makes computing on-demand scalable form as additional networks, storage and computation capacity can be added when required.

  • The Calculation Agent shall have the right to postpone the calculation of the Index Starting Level in the case of April 2003, or any Index Ending Level thereafter, if the Calculation Agent determines that, on the last Business Day of the relevant Quarter, a Market Disruption Event occurs or is continuing.

Related to Index Starting Level

  • 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 Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

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

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Index B means the index for the year prior to index A.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Index A means the index for the year prior to the

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15 (519). If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

  • Five-Year Treasury Rate means, as of any Reset Interest Determination Date, the average of the yields on actively traded U.S. Treasury securities adjusted to constant maturity, for five-year maturities, for the most recent five Business Days appearing under the caption “Treasury Constant Maturities” in the Most Recent H.15. If the Five-year Treasury Rate cannot be determined pursuant to the preceding sentence, the Calculation Agent, after consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it deems reasonable from which to estimate the Five-year Treasury Rate, will determine the Five-year Treasury Rate in its sole discretion, provided that if the Calculation Agent determines there is an industry-accepted successor Five-year Treasury Rate, then the Calculation Agent will use such successor rate. If the Calculation Agent has determined a substitute or successor base rate in accordance with the foregoing, the Calculation Agent in its sole discretion may determine the Business Day convention, the definition of Business Day and the Reset Interest Determination Date to be used and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the Five-year Treasury Rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • Index Start Date means 19 January 2015.

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date,

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.