Examples of Index Description in a sentence
The Index Calculation Agent shall decide in its reasonable discretion (billiges Ermessen) (§ 315 BGB) whether this is the case and which deviations from or amendments of the Index Description are required.
In that case, the Index Calculation Agent may deviate from or amend the Index Description.
Although when calculating the Index the Index Calculation Agent intends to adhere to the Index Description from the Index Commencement Date on, it cannot be ruled out that tax, regulatory, statutory, economic or other circumstances may require subsequent deviation from or amendments to the Index Description so as to ensure that the purpose of the Index can be continued to be achieved to the largest extent possible.
The description of the relevant Reference Strategy Index (the "Index Description") sets out the method for calculating, fixing and publishing the price of the Reference Strategy Index (the "Index Concept") and defines the framework, within which the Reference Portfolio Manager has a significant degree of discretion, i.e. the Reference Portfolio Manager is solely responsible for deciding upon the composition of the Reference Portfolio and the weighting of its components.
There are no judgements made by management in the application of the AustralianAccounting Standard that have a significant effect on the financial report or estimates with a significant risk of material adjustment in the next year.