Index Initial definition

Index Initial means the Index Level as of the Initial Valuation Date as specified in the applicable Final Terms.

Index Initial means the Initial Index Level as specified below in 17 (xii)

Index Initial means the Initial Index Level “Index (t)” means the Reference Level.

Examples of Index Initial in a sentence

• Index Initial: The official Closing Level of the Index on the Initial Valuation Date.

• Final Redemption Amount on Maturity Date:(i) If no Automatic Early Redemption Event occurs before the Maturity Date, the Final Redemption Amount shall be determined as specified in Condition 19(e), i.e. the Calculation Amount x (Index Final / Index Initial) if the Index Final is below the Barrier Level, otherwise (ii) the Calculation Amount x 100 % if the Index Final is greater than or equal to the Barrier Level.

• The applicable Barrier Level shall be 70 % of the Index Initial as per the observation on the Final Valuation Date.

• Insert where Index Initial 1 is applicable or where Index Initial is applicable and neither Index Initial 1 or Index Initial 2 is specified as applicable.

• In such event the Issuer shall pay in respect of each Note an amount determined by the Calculation Agent as representing the fair market value of such Note immediately prior to the relevant Valuation Date (Index), Initial Setting Date, Initial Averaging Date or Averaging Date (as the case may be), using in the case of a redemption following an Index Adjustment Event, the formula or method to calculate the relevant Index in effect immediately prior to such Index Adjustment Event.

More Definitions of Index Initial

Index Initial means the Official Closing Level of the Index on the Launch Date;

Index Initial means the Index Level on the Initial Valuation Date, as determined by the Calculation Agent.

Index Initial means the Index Level on the Initial Valuation Date, being 3,602.22.

Index Initial means the Index level for the Reference Month which includes 18 September 2009.

Index Initial means the Initial Index Level (as specified below);

Index Initial means subject to "Index Disruption and Delay" above and for any given Index, the index level reported for the month which is 3 months before the Effective Date (i.e. May 2008) except for the AUD Index where the Index Initial shall be the index level reported for March 2008 (each such month being a "Reference Month" for the purposes of the Inflation Derivatives Definitions). The first publication or announcement by the relevant Index Sponsor

Index Initial means the level of the Index 2 as at the scheduled closing time on the date falling 5 Payment Business Days prior to the Issue Date (such date, Valuation Date 1”), as calculated and published by the Index Sponsor or as otherwise determined by the Calculation Agent. If the Index Sponsor fails to calculate and announce the level of the Index (Initial) on Valuation Date 1, then the Calculation Agent shall calculate the Index (Initial) using the last published level for the Index 2.