Reference Index Level definition

Reference Index Level means, in respect of:
Sample 1Sample 2Sample 3
Reference Index Level means 17,282.28.
Sample 1Sample 2
Reference Index Level means 3627.31.
Sample 1

Examples of Reference Index Level in a sentence

  • Index Linked Provision 1.1 shall apply to such Relevant Equity Determination Date as if it were a Reference Date, and the Reference Index Level for such Relevant Equity Determination Date shall be determined by the Calculation Agent in accordance with Index Linked Provision 1.1 as the Closing Index Level of the Reference Index for such Relevant Equity Determination Date.

  • The Capital Protection Level is initially set at 75% of the initial Reference Index Level (the Initial Capital Protection Level).

  • ADDITIONAL AMOUNT: the Additional Amount will be payable only if the Final Index Level exceeds the Reference Index Level and will be calculated as follows: 62.5% of Outstanding Face Amount x (Final Index Level - Reference Index Level) Reference Index Level all as provided on the face of this Security.

  • FACE AMOUNT: $46,859,000 PRINCIPAL AMOUNT: on the Stated Maturity Date, the Company will pay the Holder cash equal to the greater of (i) the Face Amount then Outstanding multiplied by a fraction, the numerator of which is the Final Index Level and the denominator of which is the Reference Index Level, and (ii) 90% of the Face Amount then Outstanding, all as provided on the face of this Security.

  • Capital protection is provided within the Reference Index and is not provided directly to Unitholders.At any time, each Fund's investments will be capital protected to at least the Initial Capital Protection Level, which is equal to 75% of the initial Reference Index Level (which is equal to 100).Capital protection may at times be higher than the Initial Capital Protection Level because of the Profit Lock-In feature.

  • EXAMPLE OF RETURN CALCULATION AT MATURITY (5-year term) Reference Index Start-of-period Reference Index Level (CL¹) End-of-period Reference Index Level (CL²) Cumulative Return CL² - CL¹ CL¹ Bull Market Bear Market Bull Market Bear Market S&P/TSX 60 784.01 992.33 775.36 26.57% -1.10% Cumulative return considered* 26.57% 0.00% Annual compound rate of return* 4.83% 0.00% * The return is presented for information purposes only and is not indicative of future performance.


More Definitions of Reference Index Level

Reference Index Level means 3,148.00 (as determined on the trade date).
Sample 1

Related to Reference Index Level

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • HICP Daily Inflation Reference Index means (i) in relation to the first day of any given calendar month, the HICP Monthly Reference Index of the third calendar month preceding such month, and (ii) in relation to a day D (other than the first day) in any given month ("M"), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third calendar month preceding such month ("M – 3") and the second calendar month preceding such month ("M – 2") calculated in accordance with the following formula:

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Index Value means, in relation to any Reference Rate Business Day:

  • Reference Year shall have the meaning given it in the Summary.

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

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

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Index year means the earliest calendar year in which the

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable fixed interest rate U.S. Treasury Securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15(519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Corporation by at least three recognized dealers in U.S. Government Securities selected by the Corporation.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.