Final Index definition
Examples of Final Index in a sentence
If a company is excluded from the list of Index Companies, then the Initial Index Price and the Final Index Price shall be calculated as if the excluded company had not originally been included in the list of companies.
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.
The Calculation Agent shall also be responsible for (a) the determination of the Maturity Payment Amount, (b) the determination of whether adjustments to the Closing Level should be made, (c) the determination of the Final Index Level, (d) the determination of the Successor Index or Final Index Level if publication of the Index is discontinued and (e) the determination of whether a Market Disruption Event has occurred.
The Maturity Payment Amount shall be the following: o If the Final Index Return is not negative, $1,000 + ($1,000 x the Upside Participation Rate x the Final Index Return).
The Calculation Agent shall determine (i) the Final Index Level and (ii) the amount payable on the Stated Maturity Date for each $1,000 principal amount of Securities (the "Maturity Payment Amount").