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

Examples of Initial Index Level in a sentence

The Index performance will be determined by the following formula: (Final Index Level – Initial Index Level) Initial Index Level The Basket performance is the average of the two Index performances as calculated in the above formula.


More Definitions of Initial Index Level

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 EVEN 30™ on the Start Date.
Initial Index Level means, with respect to an Index, the level specified as such or otherwise determined as provided in the relevant Pricing Supplement or, if no such level is so specified or otherwise determined, the level of the relevant Index as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on the Strike Date or, with respect to a Multiple Exchange Index, the official closing level of the Index on the Strike Date as calculated and published by the Index Sponsor;
Initial Index Level means 100 index points on the Index Commencement Date, one index point corresponding to SEK 1.00.
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, in respect of the Strike Date, the level of the Index as defined in paragraph 31(vi) below.
Initial Index Level means the level of the Index specified as such or otherwise determined in the relevant Final Terms or, if no such level is specified or otherwise determined in the relevant Final Terms, the level of the Index as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on the Strike Date, subject to adjustment from time to time in accordance with the provisions set forth in Condition 10(f) below.