Index Business Day definition

Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

Index Business Day means a day on which The New York Stock Exchange (the “NYSE”), the Nasdaq National Market and the AMEX are open for trading and the Select Ten Index or any Successor Index (as defined below) is calculated and published. All determinations made by the Calculation Agent shall be at the sole discretion of the Calculation Agent and, absent a determination of a manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of the Notes.

Index Business Day means a day on which the level of the Index is usually determined and published by the Index Sponsor.

Examples of Index Business Day in a sentence

• The Index Sponsor will calculate (i) an index value on an excess return basis (the Excess Return Index Value) and (ii) an index value on a total return basis (the Total Return Index Value and, together with the Excess Return Index Value, the Index Values) for each Index in respect of each Index Business Day.

• The Published Total Return Index Value in respect of each Index Business Day is the Total Return Index Value in respect of such Index Business Day, rounded to three decimal places.

• The "Calculation Period" means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

• If a Market Disruption Event (as defined below) occurs or is continuing on that date, then the closing level of the Index on the Valuation Date will equal the closing level of the Index on the next scheduled Index Business Day prior to the maturity date on which a Market Disruption Event has not occurred or is not continuing.

• If no Calculation Days occur during the Calculation Period, then the Ending Value shall equal the closing value of the Industrial 15 Index determined on the last scheduled Index Business Day (as defined below) in the Calculation Period regardless of the occurrence of a Market Disruption Event (as defined below) on that Index Business Day.

More Definitions of Index Business Day

Index Business Day means a day on which the TARGET System is operating;

Index Business Day means any day on which the Index Exchange is scheduled to open for trading for its regular trading sessions;

Index Business Day means a day, as determined by the calculation agent, on which the Index or any successor index is calculated and published and on which securities comprising more than 80% of the value of the Index on such day are capable of being traded on their relevant exchanges during the one-half hour before the determination of the closing value of the Index. All determinations made by the calculation agent will be at the sole discretion of the calculation agent and will be conclusive for all purposes and binding on the Company and the beneficial owners of the Notes, absent manifest error.

Index Business Day means any day on which the Primary Exchange and each Related Exchange are scheduled to be open for trading.

Index Business Day means a day on which the Chicago Board of Trade (“CBOT”) is open for business.

Index Business Day means a day on which the Index is published by the Index Compiler or, as the case may be, the Successor Index Compiler (as defined below);

Index Business Day means any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day on each Exchange and each Related Exchange, other than a day on which trading on any such Exchange or Related Exchange is scheduled to close prior to its regular weekday closing time.