Final Index Level definition

Final Index Level. : means the Closing Level of the FTSE 100 Index on the Investment End Date.
Final Index Level means in respect of an Index and subject to Adjustment Provisions, the Index Level of such Index on the Valuation Date for such Index, or for the purposes of determining whether an Auto-Call Trigger Event has occurred on any Auto-Call Valuation Date for such Index, the Index Level of such Index on the relevant Auto-Call Valuation Date for such Index.
Final Index Level means in respect of an Index the final level of such Index on the valuation date.

Examples of Final Index Level in a sentence

  • In this example, the Final Index Level is greater than or equal to the Protection Barrier Level.

  • In this example, the Final Index Level is greater than or equal to the Protection Buffer Level.

  • The Calculation Agent will determine the Final Index Level by reference to the level of the relevant Index quoted on a particular exchange or quotation system at a valuation time.

  • It does so by comparing the Final Index Level with an initial index level or levels (such index level or levels may be (i) specified in the relevant Preference Share Terms and Conditions, or (ii) determined by reference to the arithmetic average of the index level or levels on the initial valuation dates specified in the relevant Preference Share Terms and Conditions) to ascertain the "Index Performance" of the relevant Index.

  • The calculations which are required to be made to calculate the amount payable on redemption of the relevant Preference Shares will be based on the level of the Index or basket of Indices (the "Final Index Level") determined by the Calculation Agent.


More Definitions of Final Index Level

Final Index Level means the average of the closing levels of the FTSE 100 on the Final Maturity Date and the four previous Business Days.
Final Index Level means the Index Level at the Valuation Time on the Valuation Date.
Final Index Level. : means the Closing Level of the FTSE 100 Index or the EURO STOXX 50 Index, as the case may be, on the Investment End Date.
Final Index Level means the average of the closing levels of the FTSE 100 on each Business Day from, and including,
Final Index Level means the average of the closing levels of the FTSE 100 over the 5 Business Days up to and including 29 April 2025.
Final Index Level means the Index Level of the Index on the Valuation Date, or any Auto-Call Valuation Date.
Final Index Level means, with respect to an Index and a Valuation Date, the level determined as provided in the relevant Pricing Supplement or, if no such level is so provided (a) the level of the relevant Index as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on the Valuation Date or (b) with respect to a Multiple Exchange Index, the official closing level of the Index on the Valuation Date as calculated and published by the Index Sponsor or (c) if Averaging Dates are specified in the relevant Pricing Supplement in respect of such Valuation Date, the arithmetic average as determined by the Calculation Agent (rounded down to the nearest unit of the relevant currency in which the Index is published, one half of a unit being rounded upwards) of the Reference Levels on such Averaging Dates;