Index Closing Level definition

Index Closing Level on any Index Business Day means the closing level of the Index as published on Bloomberg under the ticker symbol “SOLUSBOT <Index>”, subject to adjustment as provided in Section 3 hereof.

Index Closing Level means the closing level of the Index as reported on the NYSE and Bloomberg; provided, however, that if the closing level of the Index as reported on the NYSE (or any successor) differs from the closing level of the Index as reported on Bloomberg (or any successor), then the Index Closing Level will be the closing level of the Index as calculated by the Index Calculation Agent.

Index Closing Level means, in respect of an Index and subject to these Index Linked Conditions and to "Valuation Date", "Observation Date", "Knock-in Determination Date", "Knock-out Determination Date", "Trigger Event Observation Date" and "Mandatory Early Redemption Valuation Date" below and "Averaging Date" above, as the case may be, an amount equal to the official closing level (which shall be deemed to be an amount in the Index Currency) of such Index as determined by the Calculation Agent on (i) if Averaging is not specified in the applicable Pricing Supplement, the Valuation Date, an Observation Date, a Knock-in Determination Date, a Knock-out Determination Date, a Trigger Event Observation Date or a Mandatory Early Redemption Valuation Date, as the case may be, or (ii) if Averaging is specified in the applicable Pricing Supplement, an

Examples of Index Closing Level in a sentence

• Notwithstanding the occurrence of one or more of the events described above, which may, in the Calculation Agent’s discretion, constitute a Market Disruption Event, the Calculation Agent in its discretion may waive its right to postpone the determination of the Index Closing Level if it determines that one or more of the above events has not and is not likely to materially impair its ability to determine the Index Closing Level on any date.

• The daily Index Closing Level is calculated using Reuters/WMCO closing spot rates as at 4pm London time.

• If a calendar day is not an Index Calculation Day, the last calculated Official Index Closing Level will be used.

• The Calculation Agent will make all determinations relating to this Security, including the Index Performance Factor, the Index Closing Level on any Index Business Day on which such Index Closing Level is to be determined during the term of this Security, the Indicative Note Value, the Deposit Amount, the Short Index Amount, the Daily Interest, the Daily Investor Fee, the Redemption Fee Amount, the Cash Settlement Amount, if any, the Redemption Amount, if any, and the Call Settlement Amount, if any.

• The Accrued Dividend and Accrued Fees will be fixed at their respective values on the Zero Value Event date and will stay unchanged on all future calendar days.When the Intraday Index Value decreases 66.66667% in value from the Last Reset Index Closing Level, the Index Factor will equal zero.

More Definitions of Index Closing Level

Index Closing Level means the closing level of the Index, on any date of determination, as reported on the New York Stock Exchange (the “NYSE”) and Bloomberg L.P.

Index Closing Level means, in respect of an Index and any relevant date, subject to these Index Linked Conditions, an amount equal to the official closing level (which shall be deemed to be an amount in the Index Currency) of such Index as determined by the Calculation Agent on such date.

Index Closing Level means closing level of Index as reported on the NYSE and Bloomberg L.P.

Index Closing Level means the closing level of the Index as reported on Bloomberg.

Index Closing Level means, on any Index Business Day, the closing level of the Index on such Index Business Day, as set out in the Index Description utilising market data as of 4.00pm London time and trade data as of 5.00pm London time.

Index Closing Level means, in respect of an Index and subject to these Index/ETF Linked Conditions and to "Valuation Date", "Observation Date", "Knock-in Determination Date", "Knock-

Index Closing Level means closing level of Index as reported on the NYSE and Bloomberg L.P. under the symbol “AMZIX”.