Standing Index definition

Standing Index means the Index. Summer Period means the period starting 1st June and ending on 30th September each year.
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Examples of Standing Index in a sentence

  • Charge Applicable Indexation Formula Standing Charge Rate Indexation Formula A ÷ B x C Where: A = the average outturn of the Standing Index for the year to the most recent (i.e. immediately previous) October; B = the average outturn of the Standing Index for the year to the most recent but one (i.e. the immediately previous but one) October; AND C = the applicable Standing Charge (i.e. the day rate) inclusive of all prior indexation in the then current Contract Year.

Related to Standing Index

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.