Examples of New Index in a sentence
Each reference in the Index Description to the Index Calculation Agent will be deemed to refer to the New Index Calculation Agent.
The Index Sponsor is at any time authorised to select a new Index Calculation Agent (the New Index Calculation Agent).
Until the New Index becomes effective, the current Index will continue to be used to determine the amount of the Performance Adjustment Rate.
The "CPI Formula" means Base Rent for the first full month after the Commencement Date multiplied by a fraction, the numerator being the Index published for the month immediately preceding the month in which the adjustment is to be effective (the "New Index"), and the denominator being the Base Index.
In this case, any reference to the replaced Index Sponsor in these Terms and Conditions of these Securities shall be deemed to refer to the New Index Sponsor.