New Index definition

New Index. - shall mean the Index last published before actual payment under this guarantee.
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New Index means the Index reported for the November immediately preceding each Anniversary Date.
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New Index. - means the last consumer price index that shall be determined prior to the actual repayment of any amount of the principal of the loan or the interest thereon.
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Examples of New Index in a sentence

  • Until the New Index becomes effective, the current Index will continue to be used to determine the amount of the Performance Adjustment Rate.

  • If the Trustees do so, the new securities index (the "New Index") will be applied prospectively in accordance with applicable law to determine the amount of the Performance Adjustment Rate.

  • If it shall transpire that the New Index is equal to the Basic Index or lower therefrom, the Amount of the Guarantee shall remain unchanged.

  • If at the time of payment of any amount under this Guarantee, the New Index shall be higher than the Basic Index, the Amount of the Guarantee shall be calculated as increased in a rate equal to the rate in which the New Index has increased in comparison with the Basic Index.

  • The Index will continue to be used to determine the amount of the Fee Adjustment for that part of the Performance Period prior to the effective date of the New Index.


More Definitions of New Index

New Index means the index published most recently prior to the day of the update;
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New Index refers to the Salary index of Q4 the year in which the Old Price was applicable. ●● “Initial Index” refers to the Salary index for Q4 of the year preceding the year in which the Old Price was applicable.
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New Index means the most recently published CPI as of the applicable Adjustment Date.
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New Index the last index which is known on the date on which any payment or calculation, as relevant, is made.
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New Index means the last Index known on or prior to any repayment date of principal or Interest, or on or prior to a consolidation date, respectively.
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New Index means the index for the month preceding the month of updating; "basic index" means the index for March 1998.
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New Index means the index derived for the November immediately preceeding each Anniversary Date.
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