Alteration of Method of Calculation. If at any time the method of calculating the Index, any Successor Index or the Closing Index Level thereof on any particular day, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such index does not, in the opinion of the Calculation Agent, fairly represent the level of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent shall, at the Close of Trading of the Relevant Exchanges on which the securities comprising the Index or such Successor Index traded on any date the Closing Index Level thereof is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made. The Calculation Agent shall calculate the Closing Index Level on any particular day and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted. 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.
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the Closing Level thereof, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such Index does not, in the opinion of the Calculation Agent, fairly represent the value of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent will, at the Close of Trading in New York City on the Calculation Date, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made, and calculate the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted. 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).
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the ending index level to be used in computing the Capped Quarterly Return, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such Index does not, in the opinion of the Calculation Agent, fairly represent the value of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent will, at the Close of Trading in New York City on the date that the ending index level to be used in computing the Capped Quarterly Return is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made, and calculate the Capped Quarterly Returns, the Equity Return and the Alternative Redemption Amount with reference to the Index or such Successor Index, as adjusted. 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 (e.g., 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 (e.g., as if such split had not occurred).
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the Final Index Level thereof, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such index does not, in the opinion of the Calculation Agent, fairly represent the level of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent will, at the Close of Trading of the primary exchange or quotation system on which each security comprising the Index or such Successor Index is traded on the date the Final Index Level is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made. The Calculation Agent will calculate the Final Index Level and the Alternative Redemption Amount with reference to the Index or such Successor Index, as adjusted. 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 will 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, as if such split had not occurred).
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the Closing Level to be used in computing the Alternative Redemption Amount, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such Index does not, in the opinion of the Calculation Agent, fairly represent the value of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent will, at the Close of Trading in New York City on the date that the Final Index Level to be used in computing the Alternative Redemption Amount is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made, and calculate the Closing Level and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted. 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 (e.g., 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 (e.g., if such split had not occurred).
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the Ending Index Level thereof, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such Index does not, in the opinion of the Calculation Agent, fairly represent the value of the Index or such Successor Index had such changes or modifications not been made, then, from and after such time, the Calculation Agent will, at the Close of Trading in New York City on the date that the Ending Index Level is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation Agent, may be necessary in order to arrive at a level of a stock index comparable to the Index or such Successor Index, as the case may be, as if such changes or modifications had not been made, and calculate the Ending Index Level and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted. Accordingly, if the 2 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 (e.g., 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 (e.g., as if such split had not occurred).
Alteration of Method of Calculation. If the publication of any of the Basket Indices, including the Xxxxxx Brothers U.S. Aggregate Index, is discontinued and a successor or substitute index is published that the Calculation Agent determines, in its sole discretion, is comparable to the discontinued Basket Index (the new index being referred to as a "Successor Component"), then the relevant closing levels of the applicable Basket Component will be determined by reference to the closing level of the Successor Component. If the Xxxxxx Brothers U.S. Aggregate Index is so discontinued, the Calculation Agent will have the discretion to select a securities index, or another exchange traded fund, as the "Successor Component." In addition, if the iShares® Xxxxxx Aggregate Bond Fund is de-listed from the American Stock Exchange LLC or ceases to be issued by iShares® Trust, the Calculation Agent will, in its sole discretion, substitute a Successor Component for that fund. If the Calculation Agent selects a Successor Component for any Basket Component, the Calculation Agent immediately will notify the Corporation and the Trustee, and the Trustee will provide written notice of a change to the holder of this Note within three business days of selection. If the publication of a Basket Index or a Successor Component is discontinued or the iShares® Xxxxxx Aggregate Bond Fund is de-listed or no longer issued by iShares® Trust, and the Calculation Agent determines that no Successor Component is available, then the Calculation Agent will notify the Corporation and the Trustee and will calculate the appropriate closing levels. These calculations by the Calculation Agent will be in accordance with the formula for and method of calculating the applicable Basket Component last in effect prior to that discontinuance. If a Successor Component is selected or the Calculation Agent calculates a level as a substitute for the applicable Basket Component, that Successor Component or level will be 13 substituted for that Basket Component for all purposes, and the Calculation Agent will make one or more adjustments to the applicable Component Ratio as it determines to be necessary. If at any time the method of calculating a Basket Component or a Successor Component, or the level of that component, is changed in a material respect, or if a Basket Component or a Successor Component in any other way is modified so that it does not, in the opinion of the Calculation Agent, fairly represent the level of the Basket Component or the...
Alteration of Method of Calculation. If CBOE discontinues publication of the CBOE China Index and CBOE or another entity publishes a successor or substitute index that the Calculation Agent determines, in its sole discretion, is comparable to the discontinued CBOE China Index (the new index being referred to as a "Successor Index"), then the relevant closing levels shall be determined by reference to the Successor Index at the close of trading on the New York Stock Exchange, the American Stock Exchange LLC, The Nasdaq National Market, or the relevant exchange or market for the constituent securities of the Successor Index. The Calculation Agent also may select a Successor Index if there is a change in the laws or regulations of the People's Republic of China or any provincial or local government in China, including a change as to tax matters, that materially impacts the trading of the securities included in the CBOE China Index and that, in the reasonable judgment of the Calculation Agent, materially and adversely affects the Corporation's ability or the ability of Corporation's affiliates to hedge the Corporation's obligations under the notes. A legal or regulatory change of this kind is referred to as a "Regulatory Event." If a Successor Index is selected as a result of a Regulatory Event, the Successor Index selected by the Calculation Agent may be an index that relates to the securities of issuers organized in, or doing business in, China. Alternatively, following a Regulatory Event, the Successor Index may be an index that relates to the securities of U.S. issuers, or to the securities of issuers organized in, or that have their principal trading market in, one or more countries other than China. If the Calculation Agent selects a Successor Index that does not relate to the securities of issuers doing business in China, the returns on the notes may no longer depend to a material extent upon economic and business conditions in China, or the performance of the securities of Chinese companies. The Calculation Agent also may select a Successor Index consisting of securities of Chinese companies that are listed on Chinese or other foreign markets that are not adversely affected to the same degree by the regulatory change, but which have less liquidity, or smaller market capitalizations, or that otherwise trade differently or have different characteristics than securities listed in the United States securities markets. If the Calculation Agent selects a Successor Index, the Calculation Agent i...
Alteration of Method of Calculation. If at any time the method of calculating the Index or a successor index is changed in any material respect, or if the BXM Index or a successor index is in any other way modified so that the value of the BXM Index or the successor index does not, in the opinion of the calculation agent, fairly represent the value of that index had the changes or modifications not been made, then, from and after that time, the calculation agent will, at the close of business in New York, New York, make those adjustments as, in the good faith judgment of the calculation agent, may be necessary in order to arrive at a calculation of a value of a stock index comparable to the BXM Index or the successor index, as the case may be, as if the changes or modifications had not been made, and calculate the closing value with reference to the BXM Index or the successor index. Accordingly, if the method of calculating the BXM Index or the successor index is modified so that the value of the BXM Index or the successor index is a fraction or a multiple of what it would have been if it had not been modified (e.g., due to a split in the index), then the calculation agent will adjust that index in order to arrive at a value of the index as if it had not been modified (e.g., as if the split had not occurred).
Alteration of Method of Calculation. If at any time the method of calculating the Index or a Successor Index, or the ending index level to be used in computing the Capped Quarterly Return, is changed in a material respect, or if the Index or a Successor Index is in any other way modified so that such
