iTraxx Index definition

iTraxx Index means, as of the Issue Date, the reference entities referenced in the iTraxx Europe Series 5 (with a scheduled maturity falling on 20 June 2016) as set out in Schedule 1A to Annex B to the Final Terms and at any time thereafter shall mean the portfolio of reference entities referenced in the then current series of the iTraxx Europe (or any successor thereto) as at such time as determined by the Determination Agent in its sole and absolute discretion and if there is no successor, the composition of the iTraxx Index shall be determined by the Determination Agent in its sole and absolute discretion;
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iTraxx Index means, on any day, the then current series and version of the iTraxx® Asia ex-Japan Index or the iTraxx® Europe Index which is referenced in a Portfolio CDS (or any successor index determined by the Calculation Agent in accordance with Additional Provision 9(A)).
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Examples of iTraxx Index in a sentence

  • Credit derivatives (for example, Credit Default Swaps, iTraxx Index trades, among others) b.

  • In addition, if ISDA publicly announces a Successor prior to the Trade Date but following the "Roll Date" (in the case of iTraxx Index Basket Credit Linked Notes) or "Effective Date" (in the case of CDX Index Basket Credit Linked Notes) specified in the Index Annex, such Successor will apply for the purposes of the Notes, notwithstanding such announcement occurring prior to the Trade Date.

  • Determinations by the Index Sponsor (being Markit Indices Limited in the case of iTraxx Index Basket Credit Linked Notes and Markit North America, Inc.

  • For Index Basket Credit Linked Notes, the Reference Obligations as of the Issue Date of the Notes will be those set out in the Index Annex, being the list for the relevant Markit iTraxx® Europe Index (in the case of iTraxx Index Basket Credit Linked Notes) or Markit CDX™ Index (in the case of CDX Index Basket Credit Linked Notes) with the Annex Date specified in the applicable Final Terms, as published by the Index Publisher, being Markit Group Limited as of the date of this Base Prospectus).