Initial Index Level definition

Initial Index Level means the closing level of the FTSE 100 on the Start Date.

Initial Index Level means the closing level of the FTSE 100 on the Start Date. ‘Investec’ means Investec Bank plc.

Initial Index Level means in respect of an Index the initial level of such Index on the initial valuation date. In addition, as the Notes are Autocallable Redemption Notes , they may be redeemed if on an Auto-Call Valuation Date, the IndexPerformance is equal to or greater than the Auto-Call Trigger Level specified below. In such circumstances the Noteholder would be entitled to an Early Redemption Amount, being a cash amount equal to the principal amount of the Note multiplied by the Auto-Call Trigger Rate, specified below.For these purposes:

Examples of Initial Index Level in a sentence

• Initial Index Level means, in respect of an Index, the level specified as such in the definition of Indices above, being the Index Level for such Index on the Strike Date for such Index.

• Initial Index Level means, in respect of an Index, the level specified as such in the definition of Index above.

• Initial Index Level means, in respect of an Index, the level specified as such in the definition of Index above, being the Index Level for such Index on the Strike Date.

• If the Final Index Level is lower than the Initial Index Level and the FTSE 100 has not fallen by more than 50% from the starting level during the Observation Period, you will receive back a maturity payment of an amount equal to 100% of your initial investment.

• RBC DS intends to publish whether there has been a Digital Payout Event on each Observation Date on its website at www.rbcnotes.com.Autocall Redemption Event: An “Autocall Redemption Event” will occur if the Closing Level on anObservation Date other than the first, second, third and last Observation Dates is greater than or equal to 100.00% of the Initial Index Level (the “Autocall Redemption Level”).

More Definitions of Initial Index Level

Initial Index Level means in respect of an Indexand subject to Adjustment Provisions the Index Level of such Indexon the Initial Valuation Date for such Index.

Initial Index Level means in respect of an Index and subject to Adjustment Provisions the Index Level of such Index on the Initial Valuation Date for such Index.

Initial Index Level. : means the Closing Level of the FTSE 100 Index or the S&P 500 Index, as the case may be, on the Investment Start Date.

Initial Index Level means in respect of an Index and subject to Adjustment Provisions the level specified as such in the definition of Indices above, being the Index Level for such Index as of the Strike Date for such Index.

Initial Index Level means the Closing Level of the FTSE™ 100 Index on the Investment Start Date.

Initial Index Level means the closing level of the EVEN 30™ on the Start Date.

Initial Index Level means 100 index points on the Index Commencement Date, one index point corresponding to SEK 1.00.