Initial Index Level definition

Initial Index Level means the closing level of the FTSE 100 on the Start Date.

Initial Index Level means the closing level of the FTSE 100 on the Start Date. ‘Investec’ means Investec Bank plc.

Initial Index Level means in respect of an Indexand subject to Adjustment Provisions the Index Level of such Indexon the Initial Valuation Date for such Index.

Examples of Initial Index Level in a sentence

• If the Final Index Level is below the Protection Level, the Payment at Maturity could be exposed to the 90% of the decline in the Underlying Index (from its Initial Index Level) as specified in the Payment at Maturity section above.

• Index-Linked Risks • If the Final Index Level is above the Protection Level but does not exceed the Initial Index Level, Noteholders will receive only the Principal Amount at maturity.

• This will be true even if the Underlying Index was higher than the Initial Index Level at some time during the life of the Notes but later falls below the Initial Index Level (and above the Protection Level).

• Payment at Maturity subject to Issuer default risk and decline in Final Index Level from Initial Index Level The Payment at Maturity as described herein will be subject to JPMorgan Chase & Co. default risk.

• Index Disruption: Calculation Agent Adjustment Determining Party: [Party A] [Party A and Party B]12 Calculation Agent Adjustment: For the purposes of an Index Disruption or Index Modification, Section 11.1(b) of the Equity Definitions shall be amended by replacing references to "Valuation Date" with "Observation Day or the Observation Start Date (as applicable)” and adding "Pt, Initial Index Level,", after the words "calculate the relevant" on the 4th line of subsection (A).

More Definitions of Initial Index Level

Initial Index Level means in respect of an Index the initial level of such Index on the initial valuation date. In addition, as the Notes are Autocallable Redemption Notes , they may be redeemed if on an Auto-Call Valuation Date, the IndexPerformance is equal to or greater than the Auto-Call Trigger Level specified below. In such circumstances the Noteholder would be entitled to an Early Redemption Amount, being a cash amount equal to the principal amount of the Note multiplied by the Auto-Call Trigger Rate, specified below.For these purposes:

Initial Index Level means in respect of an Index and subject to Adjustment Provisions the Index Level of such Index on the Initial Valuation Date for such Index.

Initial Index Level. : means the Closing Level of the FTSE 100 Index or the S&P 500 Index, as the case may be, on the Investment Start Date.

Initial Index Level means in respect of an Index and subject to Adjustment Provisions the level specified as such in the definition of Indices above, being the Index Level for such Index as of the Strike Date for such Index.

Initial Index Level means the Closing Level of the FTSE™ 100 Index on the Investment Start Date.

Initial Index Level means 100 index points on the Index Commencement Date, one index point corresponding to SEK 1.00.

Initial Index Level means the closing level of the EVEN 30™ on the Start Date.