Index Cancellation definition

Index Cancellation means in respect of an Index, the Index Sponsor in respect of that Index permanently cancels such Index and no Successor Index is designated.

Index Cancellation means, in respect of an Index, the Index Sponsor cancels the Index and no Successor Index exists.

Index Cancellation means the Index Sponsor permanently cancels the Index;

Examples of Index Cancellation in a sentence

• Index Cancellation Related Exchange Adjustment, unless no option or futures contracts on the Index are traded on the Related Exchange when the Index Adjustment Event occurs, in which case Cancellation and Payment (Calculation Agent Determination) applies.

• Holders of Index Linked Notes may be adversely affected by an Index Modification, Index Cancellation, Index Disruption and correction of index levels The Calculation Agent has broad discretion to make certain determinations and adjustments, to replace the original Index with another and/or to cause early redemption/settlement of the Index, any of which may be adverse to Holders in connection with Index Modification, Index Cancellation, and Index Disruption.

• Index Cancellation After Index Cancellation the Calculation Agent will include in the Basket a new index (“New Index”) to substitute the cancelled Index, that must be different from the Indexes comprised in the Basket at that moment in accordance to the following procedure: (a) The Calculation Agent will communicate promptly to the parties the New Index and the substitution date (“Effective Date”).

• The Determination Agent has broad discretion in the circumstances specified in the Terms and Conditions to make certain determinations and adjustments, to replace the original Relevant Underlying with another and/or to cause early settlement of the Securities, any of which may be adverse to Securityholders in connection with Index Modification, Index Cancellation, Index Disruption, and Administrator/Benchmark Event.

• Successor Index, Index Modification, Index Cancellation In the case of Underlying Index-Linked Notes certain adjustments may be made to the Underlying, which may result in a loss to the Noteholders and Warrantholders.

More Definitions of Index Cancellation

Index Cancellation means, in respect of an Index, that on or prior to any Valuation Date a relevant Sponsor cancels the Index and no Successor Index exists.

Index Cancellation means a level for the Index has not been published or announced for two consecutive months and/or the Index Sponsor cancels the Index and/or the Index Sponsor announces that it will no longer continue to publish or announce the Index and no Successor Index exists.

Index Cancellation means, in respect of an Index, the relevant Sponsor or Successor Sponsor, if applicable, on or prior to any Reference Date, Averaging Reference Date, Observation Date or other relevant date, permanently cancels such Index and no Successor Index exists as at the date of such cancellation.

Index Cancellation means the Index Sponsor or Successor Index Sponsor, as applicable, on or prior to any Reference Date or any other relevant date, permanently cancelling the Index and no Successor Index existing as at the date of such cancellation, as determined by the Calculation Agent.

Index Cancellation means the Index Sponsor cancels the Index and no Successor Index exists. “Index Disruption” means the Index Sponsor fails to calculate and announce the Index Level.

Index Cancellation means, in respect of the Base Index, the Base Index Index Sponsor permanently cancels the Base Index and no Successor Index exists.

Index Cancellation means that (i) the Index Sponsor permanently cancels the Consumer Price Index, and (ii) no Successor Consumer Price Index exists.