Index Starting Level definition

Index Starting Level means , the closing level of the Index on .
Sample 1Sample 2Sample 3
Index Starting Level means the Closing Level of the Reference Index on the Strike Date;
Sample 1
Index Starting Level means either the Nikkei 225SM Index Starting Level or the S&P 500® Index Starting Level, as applicable.
Sample 1

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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Wspomniane zastrzeżenie wynika z zauważalnej zmiany, jaka współcześnie dokonała się w obszarze badań naukowych z zakresu filozofii religii.

  • 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.

  • Yes Determine the Index ReturnAt maturity, you will receive your principal reduced by an amount based on the percentage decrease in the Index from the Index Starting Level to the Index Ending Level, calculated as follows: $10 × (1 + Index Return)In this scenario, you could lose some or all of your principal depending on how much the Index decreases.

  • If the Index Ending Level is greater than the Index Starting Level: $1000x (1 + (3 x Index Performance)) provided, however, that the Maturity Payment Amount may not exceed the Maximum Payment at Maturity of $ .

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 Indexat 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), allas determined by the Calculation Agent.

  • Index year means the earliest calendar year in which the

  • 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.

  • 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.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • 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.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

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

  • Five-year U.S. Treasury Rate means, as of any Reset Interest Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the arithmetic mean of the five most recent daily yields 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 arithmetic mean of the five most recent daily yields to maturity for each of the 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 Interest Determination Date, and (B) the other maturing as close as possible to, but later than, the Reset Date following the next succeeding Reset Interest Determination Date, in each case as published in the most recent H.15. 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 Interest Determination Date or the same interest rate as the initial Interest Period, 5.875%, if prior to the First Call Date.

  • 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.

  • 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.

  • Applicable Rating Level at any time shall be determined in accordance with the then-applicable S&P Rating or the then-applicable Xxxxx’x Rating as follows: S&P Rating/Xxxxx’x Rating Applicable Rating Level S&P Rating AA or higher or Xxxxx’x Rating Aa2 or higher 1 S&P Rating AA- or Xxxxx’x Rating Aa3 2 S&P Rating A+ or Xxxxx’x Rating A1 3 S&P Rating A or Xxxxx’x Rating A2 4 S&P Rating A- or below or Xxxxx’x Rating A3 or below or unrated 5 The Applicable Rating Level for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating in effect on such day. If the S&P Rating and the Xxxxx’x Rating are not the same (i.e., a “split rating”), the higher (better) of such ratings shall control, unless the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control.