Known Index definition

Known Index. The last known consumer price index;

Known Index. The last Index published prior to the relevant point in time.

Known Index. The last known Consumer Price Index;

Examples of Known Index in a sentence

• It should be clarified that the above linkage mechanism shall only apply in the case of an increase in the CPI and no indexation shall apply if the Known Index on the date of exercise of the Call Option is lower than the Known Index on the transaction Closing date or the dividend distribution date, as the case may be.

• In case the Payment Index is less than the Basic Index, the Company may stipulate in the Initial Offer Report of the Debentures in that Series that the principal and/or interest of the Debentures are to be secured (i.e. if the Payment Index is less than the Basic Index, the Payment Index shall be the Basic Index) or unsecured (i.e. the Payment Index shall be the Known Index on the date of payment, even if such index is less than the Basic Index).

• If in the Initial Offering Report of the relevant Series is stipulated that the principal and/or interest are linked to the index and that the principal and/or interest are unsecured, than the Payment Index shall be the Known Index on the date of the relevant payment, even if such index is less than the Basic Index.

• The manner for determining the Payment Index in the event that the Known Index on the relevant due date is lower than the Base Index will be detailed, as aforesaid, in the first offering report for the Debentures of the said Series.

• The “Base Index” - The Known Index on a specific date, which will be detailed in the first offering report of the Series H Debentures.

More Definitions of Known Index

Known Index at any given time - the Index last published before such date.

Known Index on a given date – The last known index;

Known Index. - means the Index known at the date of each payment.

Known Index is the index known at the time of making each payment however in any event the Known Index shall not fall below the Known Minimal Index (within its meaning).

Known Index the consumer price index known on the date of making any payment, and in any event shall not fall below the Basic Index;

Known Index. The last index known at the time of each actual payment;

Known Index. The last index published before the date of the relevant payment or calculation.