Common use of ADJUSTMENTS TO INDEX FOR SECURITIES ON A SINGLE INDEX AND SECURITIES ON A BASKET OF INDICES Clause in Contracts

ADJUSTMENTS TO INDEX FOR SECURITIES ON A SINGLE INDEX AND SECURITIES ON A BASKET OF INDICES. 23.l Adjustments to Index 23.l.l If, in rezpect of Securitiez on a zingle Index or Securitiez on a Bazket of Indicez, a relevant Index iz (i) not calculated and announced by the Sponzor (az defined in the relevant Final Termz) but iz calculated and announced by a zuccezzor zponzor acceptable to the Calculation Agent, or (ii) replaced by a zuccezzor index uzing, in the determination of the Calculation Agent, the zame or a zubztantially zimilar formula for and method of calculation az uzed in the calculation of that Index, then that Index will be deemed to be the Index zo calculated and announced by that zuccezzor zponzor or that zuccezzor index, az the caze may be.

Appears in 4 contracts

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