Index Date definition

Index Date. The Index Date is the Contract Date and the same day of each month thereafter. If the same day does not exist in a month, such as the 31st, We use the first preceding day. Example: If the Contract Date is January 31, 2009, the next Index Date is February 28, 2009, and the last day of each month thereafter. CONTRACT YEAR, ANNIVERSARY: We compute Contract Years and Anniversaries from the Contract Date. Example: If the Contract Date is January 1, 2009, the first Contract Year ends on December 31, 2009, and the first Anniversary falls on January 1, 2010. CAP RATES: The percentages shown on Page 3a, used in calculating the Index Credits as described on Page 9. We declare the Cap Rates annually in advance. The Cap Rates will never be less than the Guaranteed Minimum Cap Rate and are guaranteed for the Cap Rate Guarantee Period shown on Page 3a.
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Index Date means, in the case of Participant who is employed on the Effective Date and who has attained 45 on or before the Effective Date, the first day of the Calendar Year in which such Participant attained age 45. In the case of a Participant who is employed on the Effective Date and has not yet attained age 45 as of the Effective Date, the term Index Date means the first day of the Calendar Year in which the Participant attains the age of 45 plus "n" where "n" equals the number of years from the beginning of the Participant's first year of participation in this Plan prior to the year in which the Participant attains age 45. In the case of a Participant who is hired after the Effective Date, and who attains age 45 prior to becoming a Participant in the Plan, the Index Date shall be the first day of the Calendar Year in which the Participant attained age 45. In the case of a Participant who is hired after the Effective Date and who has not attained age 45 prior to commencing participation in the Plan, the Index Date shall be the first day of the Calendar Year in which the executive attains age 45 plus "n" where "n" equals the number of years, if any, from the beginning of the Participant's first year of participation in this Plan prior to the year in which the Participant attains age 45.
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Index Date. 1 January each year commencing 1 January 2004
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Examples of Index Date in a sentence

  • The Index Date is the last day of each annual period beginning on the Policy Date and the same day of each year thereafter.

  • Example: If the Policy Date is January 1, 2003, the first Index Date is January 31, 2003 and the last day of each following month.Index Value.

  • The Index Date is the last day of each monthly period beginning on the Policy Date and the same day of each month thereafter.

  • If the Index Value is not available for any Index Date, except for reasons stated in the Index section of the Option U Endorsement, we will use the Index Value on the immediately preceding scheduled trading day.Correction of Error in Index Value.

  • The changes to these variable rates will become effective on the first day of your Billing Cycle that ends in the calendar month following the Index Date.

  • If the Index Value is not available for any Index Date, except for reasons stated in the Index section of the Option U Endorsement, we will use the Index Value on the immediately preceding scheduled trading day.

  • If the Index Value is not available for any Index Date, except for reasons stated in the Index section of the Option K Endorsement, we will use the Index Value on the immediately preceding day for which the Index Values for all four Indices were traded.Correction of Error in Index Value.

  • Interpolated values for Ref Index Date should be rounded to the nearest 5th decimal place.

  • The Annual Index Change Rate is the Index Value on the Index Date less the Index Value on the immediately preceding Index Date (or Policy Date if the first Index Date), divided by the Index Value on the immediately preceding Index Date (or Policy Date if the first Index Date), but no greater than the Annual Index Cap Rate.The Index Date for Option J is the last day of each annual period beginning on the Policy Date and the same day of each year thereafter.

  • Such Index Values are determined each month, beginning with the Index Date and ending on the corresponding Index Anniversary.


More Definitions of Index Date

Index Date means, in the case of Participant who is employed on January 1, 2000 and who has attained 45 on or before January 1, 2000, the first day of the calendar year in which such Participant attained age 45. In the case of a Participant who is employed on January 1, 2000 and has not yet attained age 45 as of January 1, 2000, the term Index Date means the first day of the calendar year in which the Participant attains the age of 45 plus “n” where “n” equals the number of years from the beginning of the Participant’s first year of participation in this Plan prior to the year in which the Participant attains age 45. In the case of a Participant who is hired after January 1, 2000, and who attains age 45 prior to becoming a Participant in the Plan, the Index Date shall be the first day of the calendar year in which the Participant attained age 45. In the case of a Participant who is hired after January 1, 2000 and who has not attained age 45 prior to commencing participation in the Plan, the Index Date shall be the first day of the calendar year in which the executive attains age 45 plus “n” where “n” equals the number of years, if any, from the beginning of the Participant’s first year of participation in this Plan prior to the year in which the Participant attains age 45.
Sample 1
Index Date shall have the meaning given to such term in Section 5.1.
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Index Date means, in the case of Participant who is employed on the Effective Date and who has attained 45 on or before the Effective Date, the first day of the Calendar Year in which such Participant attained age 45. In the case of a Participant who is employed on the Effective Date and has not yet attained age 45 as of the Effective Date, the term Index Date
Sample 1
Index Date means, in the case of Participant who is employed on
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Index Date. The Index Date is the Contract Date and the same day of each month thereafter. If the same day does not exist in a month, such as the 31st, We use the first preceding day. Example: If the Contract Date is January 31, 2009, the next Index Date is February 28, 2009, and the last day of each month thereafter. CONTRACT YEAR, ANNIVERSARY: We compute Contract Years and Anniversaries from the Contract Date. Example: If the Contract Date is January 1, 2009, the first Contract Year ends on December 31, 2009, and the first Anniversary falls on January 1, 2010. CAP RATES: The percentages shown on Page 6, used in calculating the Index Credits as described on Page 9. We declare the Cap Rates annually in advance. The Cap Rates will never be less than the Guaranteed Minimum Cap Rate and are guaranteed for the Cap Rate Guarantee Period shown on Page 6. ICC10-INDEX-4-09R
Sample 1

Related to Index Date

  • Index A means the index for the year prior to the

  • Index B means the index for the year prior to index A.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Index year means the earliest calendar year in which the

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Index Call Event means each of the following events:

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Index Start Date means 19 January 2015.

  • 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.

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Index Cessation Event means an Index Cessation Event as defined in Supplement number 70 to the 2006 ISDA Definitions, as amended or supplemented from time to time, and, for the purposes of these Conditions and the definition of "Index Cessation Event" therein, the "Applicable Rate" as used therein is six-month Sterling LIBOR;

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Ex-Date means the first date on which the Common Stock trades on the Relevant Stock Exchange, regular way, without the right to receive the issuance, dividend or distribution in question from the Company or, if applicable, from the seller of Common Stock on the Relevant Stock Exchange (in the form of due bills or otherwise) as determined by the Relevant Stock Exchange.

  • Index Fee means 1.0% per annum. The Index Fee is charged each calendar day, beginning as of the Index Start Date. It is calculated on the basis of a 360-day year and the most recently calculated Index Closing Value.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;