Index Factor definition
Examples of Index Factor in a sentence
Appendix 2 to this Schedule 10 illustrates how the Index Factor will be calculated and applied.
The Investor Fee accrues each calendar day until maturity or early repurchase, and the Index Factor, the Investor Fee and the Indicative Note Price are calculated with respect to each business day after the Inception Date up to and including the Final Observation Date.
The Province will review the Contractor’s Payment Calculation Category A submissions before applying all adjustments by referencing the Schedule 14 (Payment Schedule) and applying the Index Factor in accordance with the Schedule 10 (Index Factor), where applicable.
If the Holder requires the Company to redeem the Holder’s Securities on any Redemption Date, the Holder will receive a cash payment equal to the principal amount of the Holder’s Securities times the Index Factor on the applicable Valuation Date minus the Investor Fee on the applicable Valuation Date.
All Payment Adjustments except for the Traffic Volume Adjustment (which is based on a percentage of the O&M Payment exclusive of the Major Rehabilitation Payment) shall be subject to annual indexing for inflation in the manner and at the times set out in Schedule 10 (Index Factor).