Additional Index definition

Additional Index means any new products created by the Licensee utilizing JUST Data (excluding, for the avoidance of doubt, the Initial Indices).
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Examples of Additional Index in a sentence

  • If JUST approves a Derivative Work for use by Licensee in accordance with the Permitted Use, such Derivative Work shall be included in, and subject to, the license set forth in this Section 2.1. Notwithstanding the foregoing, the Permitted Use shall only include the right to create the Initial Indices unless and until an Additional Index License Fee set forth in Section 2.5 hereto is paid to JUST for an Additional Index.

  • The Additional Index Return Payment shall equal: (i) the principal amount hereof; multiplied by (ii) the Upside Participation Rate; multiplied by (iii) a fraction, the numerator of which shall equal the amount, if any, by which the Monthly Average Index Level exceeds the Strike Index Level and the denominator of which is the Strike Index Level.

  • Following such payment, the Permitted Use shall expand to include the utilization of JUST Data in connection with the applicable Additional Index (but solely for the Permitted Use).

  • However, if the average percentage change in the value of the Index over the life of the Notes is less than or equal to 10.00%, the Additional Index Return Payment will be zero.

  • For the avoidance of doubt, Licensee shall retain all right, title and interest in and to the Initial Indices and any Additional Index.

Related to Additional Index

  • Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.

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

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • SOFR IndexEnd means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the Interest Payment Date relating to such Interest Accrual Period (or in the final Interest Accrual Period, the Maturity Date).