SARON Compounded Index definition

SARON Compounded Index means, in relation to any Business Day, the value of the index known as the SARON Index administered by the SARON Administrator as published on the SIX Group's Website at 6:00 p.m. (Zurich time) on such Business Day;
SARON Compounded Index means, in relation to any Zurich Banking Day, the value of the index known as the SARON Index administered by the SARON Administrator (or any successor administrator thereof) as published on the SIX Group’s Website at 6:00 p.m. (Zurich time) on such Zurich Banking Day;