Index Day definition

Index Day means each day on which the commercial banks in Zurich, Switzerland, are open for business transactions.
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Index Day means a day on which banks in Luxembourg are open.
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Index Day means each day on which the commercial
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Examples of Index Day in a sentence

  • If the Valuation Date is not an Index Day, the Valuation Date shall be postponed to the next following Index Day.

  • Company’s investment in equity Investments are classified as Fair value through profit or loss.

  • The Index is calculated on each Index Day using the Valuation Prices for the Index constituents.

  • Adjustment recommendations must be submitted by the Index Sponsor to the Index Calculation Agent by 3:00 p.m. (local time Zurich) on the respective Index Day at the latest in order to ensure implementation on the same day.

  • However, the Index Calculation Agent may refuse to include individual instruments in the Index at any time without giving reasons, as well as request removal from the Index or a reduction in the weighting of individual Index components.An Ordinary Adjustment can be made on any Index Day.

  • The Index Calculation Agent shall always provide adequate notice of changes to the Guide by publishing the modified Guide on the Information Page, dated on the Index Day of its entry into force.Significant changes must be published on the Information Page at least three calendar months before they take effect.In the case of other changes, the modified guide will generally be published on the Information Page at least five Index Days before it takes effect.

  • The Clearinghouse will on each Index Day make available to the applicable Account Holders the Index used for each applicable Series.4.3.3 The following applies where a Product relates to an Index which is not an Exchange Listed Product, or where the Index is quoted by another entity than the Clearinghouse:a.

  • The Clearinghouse will on each Index Day make available to the applicable Account Holders the Index used for each applicable Series.

  • Orders received later may be rejected by the Index Calculation Agent.The new Index composition and the Index Day from which it takes effect shall be decided on a case-by-case basis by the Index Calculation Agent.Ordinary Adjustments are subject to Adjustment Fees in accordance with section 2.5.2 above.

  • The respective current index level will be determined by the Index Calculation Agent once a day after the close of business for banks in Zurich (Switzerland), rounded to two decimals and normally published by 10:00 a.m. (local time in Zurich) on the next Index Day in accordance with 6.1 below («Closing Level»).One index point corresponds to one unit of the Index Currency.

Related to Index Day

  • Index year means the earliest calendar year in which the

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

  • Index A means the index for the year prior to 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 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 Value means, in relation to any Reference Rate Business Day:

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

  • Index Call Event means each of the following events:

  • 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.

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • 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 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 Number means the Consumer Price Index (Sydney all groups) published by the Australian Bureau of Statistics from time to time.

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

  • 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.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • 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.

  • Index Start Date means 19 January 2015.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Index Currency means USD.

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • VWAP Trading Day means a Business Day.

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

  • Index Debt means senior, unsecured, long-term indebtedness for borrowed money of the Borrower that is not guaranteed by any other Person or subject to any other credit enhancement.