Successor Index definition

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

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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

• Accordingly, if the method of calculating the Index or a Successor Index is modified so that the level of such index is a fraction of what it would have been if it had not been modified (for example, due to a split in the index), then the Calculation Agent shall adjust such index in order to arrive at a level of the Index or such Successor Index as if it had not been modified (for example, if such split had not occurred).

• The Calculation Agent shall notify the Trustee of all such adjustments or any such Successor Index, or if a Market Disruption Event has occurred.

• The Calculation Agent shall notify the Trustee of any such adjustment or any such Successor Index, or if a Market Disruption Event has occurred.

• 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.

• Accordingly, if the method of calculating the Index or a Successor Index is modified so that the level of such index is a fraction of what it would have been if it had not been modified, then the Calculation Agent shall adjust such index in order to arrive at a level of the Index or such Successor Index as if it had not been modified.

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 a Dow Jones EURO STOXX 50® Successor Index and a Nikkei 225SM Successor Index, each as specified under “Discontinuation of a Basket Index; Alteration of Method of Calculation” with respect to each Basket Index.

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.

Successor Index means an index or combination of indices that we determine, in our sole discretion, to be comparable to the HHPI with such adjustments as we may determine, in our sole discretion, as are required to retain comparability between the HHPI and such Successor Index;