Index Event definition

Index Event means, in respect of a Reference Unit, (i) the sponsor for the index that is replicated by the Reference Fund (the “ETF Reference Index”) announces that it will make a material change in the formula for or the method of calculating the ETF Reference Index or in any other way materially modifies the ETF Reference Index (other than a modification prescribed in that formula or method to maintain the ETF Reference Index in the event of changes to the constituents and other routine events) or permanently cancels the ETF Reference Index and no successor index exists, or (ii) the sponsor for the ETF Reference Index fails to determine and announce the official closing level or value of the ETF Reference Index, and, in either case, the Calculation Agent determines that such event has a material effect on the calculation of the Maturity Redemption Payment or any other payment under the particular Deposits linked to the Reference Units of the Reference Fund.

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Index Event means (i) if the Index Figure for three consecutive months falls to be determined on the basis of an Index Figure previously published as provided in Condition 7(c)(ii) (Delay in publication of Index) and the Bond Trustee has been notified by the Principal Paying Agent that publication of the Index has ceased or (ii) notice is published by Her Majesty’s Treasury, or on its behalf, following a change in relation to the Index, offering a right of redemption to the holders of the Reference Gilt, and (in either case) no amendment or substitution of the Index has been advised by the Indexation Adviser to the Issuer and such circumstances are continuing.

Index Event means any event defined as an Index Event in Section D. - I. General Extraordinary Adjustments

Examples of Index Event in a sentence

• Upon the occurrence of any Index Event (as defined below), the Relevant Issuer may, upon giving not less than 30 nor more than 60 days’ notice to the Note Trustee and the holders of the Indexed Notes in accordance with Condition 18 (Notices), redeem all (but not some only) of the Indexed Notes of all Tranches on any Interest Payment Date at the Principal Amount Outstanding (adjusted in accordance with Condition 7(a) (Application of the Index Ratio)) plus accrued but unpaid interest.

• Upon the occurrence of any Index Event (as defined below), the Relevant Issuer may, upon giving not less than 30 nor more than 60 days' notice to the Note Trustee and the holders of the Indexed Notes in accordance with Condition 18 (Notices), redeem all (but not some only) of the Indexed Notes of all Tranches on any Interest Payment Date at the Principal Amount Outstanding (adjusted in accordance with Condition 7(a) (Application of the Index Ratio)) plus accrued but unpaid interest.

• Upon the occurrence of any Index Event (as defined below), the Relevant Issuer may, upon giving not less than 30 nor more than 60 days' notice to the Note Trustee and the holders of the Indexed Notes in accordance with Condition ‎17 (Notices), redeem all (but not some only) of the Indexed Notes of all Tranches on any Interest Payment Date at the Principal Amount Outstanding (adjusted in accordance with Condition ‎7(b) (Application of the Index Ratio)) plus accrued but unpaid interest.

More Definitions of Index Event

Index Event means the occurrence of either an Index Adjustment Option or an Additional Disruption Option.

Index Event means (i) on or prior to the Final Valuation Date, the sponsor for the Index announces that it will make a material change in the formula for or the method of calculating the Index or in any other way materially modifies the Index (other than a modification prescribed in that formula or method to maintain the Index in the event of changes to the constituent securities and other routine events) or permanently cancels the Index and no successor index exists, or (ii) on the Final Valuation Date, the sponsor for the Index fails to determine and announce the official closing level or value of the Index, and, in either case, the Calculation Agent determines that such event has had a material effect on the calculation of the Variable Return.

Index Event means the event which occurs if any of the following occur (i) the relevant Index Figure for three consecutive months falls to be determined on the basis of an Index Figure previously published as provided in Condition 19.8(b) (Delay in publication of Index), or (ii) the Trustee has been notified by the Issuer (or the Agent) that publication of the relevant Index has ceased, and (in each case) no adjustment or substitution of the Index has been determined by the Indexation Adviser pursuant to Condition 19.10 (Cessation of or Fundamental Changes to the Index) and such circumstances are continuing.

Index Event means, in respect of a Reference Unit, (i) the sponsor for the index that is replicated by the Reference Fund (the “ETF Reference Index”) announces that it will make a material change in the formula for or the method of calculating the ETF Reference Index or in any other way materially modifies the ETF Reference Index

Index Event means the occurrence of one or more of the following events: (a) The UDI/MXN rate is not calculated and/or announced in a timely manner by the Central Bank of the United Mexican States (Banco de México) (“Central Bank”), (b) UDI is replaced by a successor unit of value; (c) The Central Bank makes a material change in the method for calculating the UDI/MXN Rate, The Central Bank in any way materially modifies or restates the UDI/MXN Rate, The UDI/MXN Rate is no longer published and has not been replaced by a successor unit of value; (f) The United Mexican States or any of its agencies, instrumentalities or entities (including without limitation the Central Bank) by means of any law, regulation, ruling, directive or interpretation, whether or not having the force of law, takes any action which legally or de facto prevents or has the effect of restricting or limiting the calculation or announcement of UDI/MXN Rate or any of the value used to determine the UDI/MXN Rate, (g) Mexico continues to publish UDI but applies an alternate index to a substantial portion of its debt and/or any other event that, in the opinion of the Calculation Agent, is analogous to any of paragraphs (a) to (g)

Index Event means the occurrence of an Index Adjustment Event, a Hedging Disruption Event or a Company Disruption Event, as determined by the Calculation Agent in its sole discretion.

Index Event means the VWAP for any five (5) consecutive trading day period of the Dow J▇▇▇▇ US Hospitality REIT Index (DJUSHL) is at least thirty percent (30%) lower than the VWAP of the DJUSHL for the sixty (60) consecutive trading day period immediately preceding the first day of such five (5) consecutive trading day period.