Ending Level definition
Examples of Ending Level in a sentence
The “Starting Level” for the initial Reference Period is the closing level of the AMEX Biotechnology Index on the pricing date, or 738.91, and the “Starting Level” for each subsequent Reference Period is the Ending Level for the immediately preceding Reference Period.
The last day of each Reference Period is referred to as a "Reset Date." On each Reset Date, the Calculation Agent will determine the "Periodic Return" of the S&P 500® Index for the Reference Period then ended by applying the following formula: 9 (Ending Level - Starting Level) Starting Level The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage.
The "Ending Level" for each Reference Period is the closing level of the S&P 500® Index on the applicable Reset Date, or if that day is not a Business Day (as defined above), the closing level of the S&P 500® Index on the next following Business Day.
The "Ending Level" for each Reference Period is the closing level of the S&P 500® Index on the applicable Reset Date, or if that day is not a business day (as defined above), the closing level of the S&P 500® Index on the next following business day.
The "Ending Level" for each Reference Period is the closing level of the Nasdaq-100 Index® on the applicable Reset Date, or if that day is not a Business Day (as defined above), the closing level of the Nasdaq-100 Index® on the next following Business Day.
The "Ending Level" for each Reference Period is the closing level of the ▇▇▇▇▇▇▇ 2000® Index on the applicable Reset Date, or if that day is not a Business Day (as defined above), the closing level of the ▇▇▇▇▇▇▇ 2000® Index on the next following Business Day.
The "Index Return" will equal: Ending Level - Starting Level Starting Level The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage.
The result will be rounded to the nearest ten-thousandth of a decimal place and then expressed as a percentage: Ending Level - Starting Level Starting Level The "Starting Level" for the initial Reference Period is the closing level of the Dow ▇▇▇▇▇ Industrial AverageSM on the pricing date, or 10,599.67, and the "Starting Level" for each subsequent Reference Period is the Ending Level for the immediately preceding Reference Period.
If Nasdaq or Dow ▇▇▇▇▇ discontinue publication of either Component Index prior to, and such discontinuance is continuing on, the date that any Ending Level is to be determined for any Component Index and the Calculation Agent determines that no Successor Index is available at such time, then, on such date, the Calculation Agent shall determine the index to be used in computing the Redemption Payment Amount, Repurchase Payment Amount or the Maturity Payment Amount, as the case may be.
The "Starting Level" for the initial Reference Period is the closing level of the DJIASM on the pricing date, or 12,463.87, and the "Starting Level" for each subsequent Reference Period is the Ending Level for the immediately preceding Reference Period.