Strike Index definition

Strike Index means the Observed Weather Index level at which the Insured becomes eligible for claim payment.

Strike Index means the Observed Weather Index level at which the Insured becomes eligible for claim payment. (To be specified for each policy under section “Coverage Details” in Part I of the Policy – Schedule)

Strike Index of a Warrant shall mean [Insert amount or method for determining amount].

Examples of Strike Index in a sentence

• Field NumberField 26Volume Optionality capacity 27Type of Index Price 28Price or Price Formula 29Fixing Index 30Fixing Index Types 31Fixing Index Sources 32First Fixing Date 33Last Fixing Date 34Fixing Frequency 35Settlement MethodPP Options 36Exercise Style 37Option Type 38Option First Exercise Date 39Option Last Exercise Date 40Option Exercise Frequency 41Option Strike Index 42Option Strike Index Type 43Option Strike Index Source 44Option Strike price Life cycle information 45Action typeNNExample n.

• Weather Index: shall mean the observed value of the Weather Index against the weather parameters covered in the Policy, which observed value will be used for determining the Strike Index or the Exit Index, during the Period of Insurance.

• Indeed, FSP was first quantified by the continuous measure of Strike Index [13]; the centre of pressure location at touchdown measured as a percentage along the long axis of the foot from heel to toe, i.e. 0–33% indicates RFS, 34–67% MFS, and 68–100% FFS.

• Footstrike angle boundaries for RFS–MFS and MFS–FFS were then set as the mean ± one standard deviation of all footstrikes visually classified as MFS (as equivalently done by Altman and Davis [16] based on Strike Index).

• The Additional Index Return Payment shall equal: (i) the principal amount hereof; multiplied by (ii) the Upside Participation Rate; multiplied by (iii) a fraction, the numerator of which shall equal the amount, if any, by which the Monthly Average Index Level exceeds the Strike Index Level and the denominator of which is the Strike Index Level.

• The same dataset will be used for the purpose of determining the Observed Index, Exit Index and Strike Index for payment of compensation and claim settlement under this Policy.

• More recently, footstrike angle (FSA) has been shown to be an acceptable continuum measure of FSP [16] that overcomes the limitations associated with Strike Index and discrete classification methods.

More Definitions of Strike Index

Strike Index means the Observed Weather Index level at which the Insured becomes eligible for claim compensation payment upto but not equal to the Sum Insured mentioned in the Schedule attached to this Policy.