Variable Index definition

Variable Index means the CPI for the month in which the Adjustment Date occurs.
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Variable Index means the CPI for the month which is two (2) months prior to the then current Adjustment Date.
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Variable Index means either (i) the Xxxxxxxx Reuters Municipal Market Data Variable Rate Demand (“VRD”) Averages as published by Xxxxxxxx Municipal Market Monitor or (ii) the Securities Industry and Financial Markets Association Municipal Swap Index provided by Municipal Market Data (“MMD”), a seven day high grade market index comprised of tax exempt variable rate demand bonds from MMD’s data base. If for any reason the Variable Index for any rate determination date cannot be established as provided above or is held to be invalid or unenforceable by a court of law, the Variable Index for such rate determination date shall be either (i) any national index created by an average of at least 1000 outstanding variable rate demand bonds guaranteed by a direct pay letter of credit, rated at least “A”, with a weekly (7 day) weekly interest rate reset or (ii) an index computed by the Remarketing Agent and shall be equal to 95% of the yield applicable to 91-day United States Treasury bills, such yield to be computed on the basis of the coupon equivalent of the average per annum discount rate at which such Treasury bills shall have been sold at the most recent Treasury auction conducted prior to such rate determination date.
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Examples of Variable Index in a sentence

  • Any amount in the VIO Holding Account, excluding (1) any amount transferred to the unloaned portion of our GIA in order to meet the Charge Reserve Amount requirement described in the "Monthly Deductions" provision of this rider and (2) the Variable Index Benefit Charge, will be transferred to a new Segment on the next available Segment Start Date, subject to other requirements, conditions, and limitations described in this rider.

  • Effective on each Adjustment Date, Monthly Rent shall be increased by the lesser of (a) twelve percent (12%) or (b) the increases in the CPI with the percentage increase to be determined by multiplying the Initial Monthly Rent by a fraction, the numerator of which shall be the Variable Index and the denominator of which shall be the Base Index.

  • The increases in Base Rent will be calculated as follows: (i) subtract one point zero (1.0) from a fraction, the numerator of which shall be the Variable Index, and the denominator of which shall be the Base Index; and (ii) multiply the result obtained in subpart (i) above by two (2); then (iii) multiply Base Rent for the Lease Year immediately prior to the Adjustment Date by the product obtained in subpart (ii) above.

  • ICEA recommends revising subsection (e), which as written offers a partial exemption for Variable Index products.

  • Table 2: Effects of the Pooled Treatments on Meta-Indices (ITT) Dependent Variable Index of Notes.

  • Time Dummy Variable Index method and the Characristics Price Index method for constructing the house price index.

  • Variable Index Records (VXRs) are used in single-file CDFs to store the file offsets of any lower level of VXRs, Variable Values Records (VVRs), or Compressed Variable Value Records (CVVRs).

  • Distance Table 1Summary Statistics of New Trade-Restrictive Measures Variable Index Table 2Summary Statistics of Explanatory Variables among South Korea and importing countries are from the Center d’Etudes Prospectives et d’Informations Internationales.

  • Effective on each Adjustment Date, Monthly Base Rent shall be increased by the increases in the CPI with the percentage increase to be determined by multiplying the Monthly Base Rent then in effect by a fraction, the numerator of which shall be the Variable Index and the denominator of which shall be the Base Index.

  • The maximum monthly Variable Index Segment Account Charge is shown in the "Table of Maximum Monthly Deductions from Your Policy Account" in the policy.


More Definitions of Variable Index

Variable Index means an index selected by the Remarketing Agent which is a composite of bid- side yields of obligations (a) whic h (i) provide for a weekly adjustment of the interest rate, and (ii) which
Sample 1
Variable Index means the Consumer Price Index for the last available month immediately preceding any Adjustment Date.
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Variable Index means the CPI for the applicable Lease Year.
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Variable Index means an index selected by the Remarketing Agent which is a composite of bid-side yields of obligations (a) which (i) provide for a weekly adjustment of the interest rate, and (ii) which (A) must be purchased on demand of the owner thereof at any time upon notice of up to seven (7) days or (B) are payable in full not later than seven (7) days after the date of evaluation and (b) the interest on which is Taxable, when selecting a composite of bid-side yields of obligations with respect to the Series A Bonds, and is Tax-Exempt, when selecting a composite of bid-side yields of obligations with respect to the Series B Bonds. If for any reason the Variable Index for any rate determination date cannot be established as provided above or is held to be invalid or unenforceable by a court of law, the Variable Index for such rate determination date shall be an index computed by the Remarketing Agent and shall be equal to 95% of the yield applicable to 91-day United States Treasury bills, such yield to be computed on the basis of the coupon equivalent of the average per annum discount rate at which such Treasury bills shall have been sold at the most recent Treasury auction conducted prior to such rate determination date.
Sample 1
Variable Index means the CPI for the month which is two months prior to the current Adjustment Date. By way of example, for the first Adjustment Date the Variable Index will be the CPI for the month which is two months prior to the first Adjustment Date, and for the second Adjustment Date the Variable Index will be the CPI for the month which is two months prior to the second Adjustment Date, for the third Adjustment Date the Variable Index will be the CPI for the month which is two months prior to the third Adjustment Date, etc.
Sample 1

Related to Variable Index

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Variable Interest Entity means any variable interest entity that the Borrower is required to consolidate at any time pursuant to FASB ASC 810 - Consolidation. Schedule 1.01(a) identifies the entities that are Non-Subsidiary Variable Interest Entities as of the date hereof. Schedule 5.13 identifies the entities that are Variable Interest Entities that are Subsidiaries as of the date hereof.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • NET INVESTMENT FACTOR The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where: A is (i) the net asset value per share of the Investment Options or Portfolios of an Investment Option held by the Sub-Account for the current Valuation Period; plus

  • Variable Return means a percentage calculated as follows:

  • variable means a quantitative or qualitative representation of a property characteristic used in a valuation model

  • Inflation Index means each inflation index specified in the applicable Final Terms and related expressions shall be construed accordingly.

  • DOCVARIABLE SWDocIDLocation" 1" = "1" " DOCPROPERTY "SWDocID" 4828-0896-6877v2/104907-0000" "" 4828-0896-6877v2/104907-0000

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • Variable Rate Indebtedness means any portion of indebtedness or other payment obligations, the interest rate on which is not established at the time of incurrence and has not at some subsequent date been established at a single numerical rate for the entire term thereof.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • 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.

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the frequency with which scheduled interest payments are payable on the Notes during the relevant Reset Period (calculated on the day count basis customary for fixed rate payments in the Relevant Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Relevant Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (calculated on the day count basis customary for floating rate payments in the Relevant Currency as determined by the Calculation Agent);

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.68%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • Variable Rate Transaction shall have the meaning ascribed to such term in Section 4.12(b).

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Central Bank Rate Adjustment has the meaning given to that term in the Reference Rate Terms.

  • LIBOR Rate Adjustment Date With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Interest Accrual Period.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.