Common use of Financing component Clause in Contracts

Financing component. The financing component tracks the capital costs that would be incurred to finance the correspond- ing investment in the Reference Instrument (or constituents thereof). Additionally, a fee charged by the Index Calculation Agent for the calculation and administration of the Factor Index is added (In- dex Fee). The financing component therefore reduces the value of the Factor Index. The definitions below shall apply for the purposes of this index description. "Adjustment Date" means the first Index Calculation Day of each calendar month.

Financing component. The financing component tracks the capital costs that would be incurred to finance the correspond- ing corresponding investment in the Reference Instrument (or constituents thereof). Additionally, a fee charged by the Index Calculation Agent for the calculation and administration of the Factor Index is added (In- dex Index Fee). The financing component therefore reduces the value of the Factor Index. The definitions below shall apply for the purposes of this index description. "“Adjustment Date" ” means the first Index Calculation Day of each calendar month.