Successor Index definition

Successor Index means any substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 hereof.

Successor Index means such substitute index as the Calculation Agent may select pursuant to the Calculation Agency Agreement upon discontinuance of the Index.

Successor Index in respect of a Series of ETP Securities, means:

Examples of Successor Index in a sentence

• In these Conditions, a “Business Day” shall be a day on which the SGX-ST is open for dealings in Singapore during its normal trading hours and banks are open for business in Singapore and an “Index Business Day” shall be a day on which the Index is published by the Index Sponsor or, as the case may be, the Successor Index Sponsor and where the Index closes at the normal trading hours.

• If a relevant Index is (i) not calculated and announced by the Index Sponsor but is calculated and published by a successor to that Index Sponsor (the "Successor Index Sponsor") acceptable to the Calculation Agent or (ii) replaced by a successor index using, in the determination of the Calculation Agent, the same or a substantially similar formula for and method of calculation as used in the calculation of such Index, then in each case that Index (the "Successor Index") will be deemed to be the Index.

• If a relevant Indexis (i) not calculated and announced by the IndexSponsor but is calculated and published by a successor to that IndexSponsor (the "Successor Index Sponsor") acceptable to the Calculation Agent or (ii) replaced by a successor index using, in the determination of the Calculation Agent, the same or a substantially similar formula for and method of calculation as used in the calculation of such Index, then in each case that Index(the "Successor Index") will be deemed to be the Index.

• In these Conditions, a “Business Day” shall be a day (excluding Saturdays, Sundays and public holidays) on which the SGX-ST is open for dealings in Singapore during its normal trading hours and banks are open for business in Singapore and an “Index Business Day” shall be a day on which the Index is published by the Index Sponsor or, as the case may be, the Successor Index Sponsor and where the Index closes at the normal trading hours.

• However, the calculation of that portion of the Performance Adjustment attributable to any portion of the performance period prior to the adoption of the Successor Index will still be based upon the Fund's performance compared to the Index.

More Definitions of Successor Index

Successor Index means where the Index is (i) not calculated and announced by the Index Sponsor but is calculated and announced by a successor sponsor acceptable to the Calculation Agent or (ii) replaced by a successor index using, in the determination of the Calculation Agent, the same or a substantially similar formula for and method of calculation as used in the calculation of the Index, such successor index or index calculated and announced by the successor sponsor.

Successor Index shall have the meaning set forth in Section 3(a) of this Annex A.

Successor Index means any successor or substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 on the face of this Security.

Successor Index means a Successor Index as defined under the section “Description of the Notes— Reference Index Discontinuation; Alteration of Method of Calculation; No Longer Underlying Reference Asset of a Futures or Option Contract” in this Product Supplement.

Successor Index. Means the index determined by the Calculation Agent as comparable to the S&P 500 Index in the event that Dow Jones discontinues the publication of the S&P 500 Index or another entity publishes a successor or substitute index.

Successor Index means any substitute index approved by the Security Calculation Agent as a Successor Index pursuant to Section 3 hereof. (Face of Security continued on next page)

Successor Index means an index that the Calculation Agent determines, in its sole discretion, to be comparable to the Index if the Index Sponsor discontinues publication of the Index and the Index Sponsor or another entity publishes a successor or substitute index.