Specified Index definition

Specified Index means any one or more or
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Specified Index means any Index in respect of which USD- denominated options contracts are traded on an exchange located in the United States If there is an Index Modification:
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Specified Index means the Standard & Poor’s 500 Index, provided, however, if at any time the Specified Index shall no longer be compiled, maintained or made available, the Depositor may (a) direct that the Company continue to be operated hereunder utilizing securities based on the components of the Specified Index, and the percentage weightings of such components, as existed on the last date on which the Specified Index components and weightings were available to the Company or (b) direct the Trustee to terminate the Indenture and the related Company and liquidate the Company in such manner as the Depositor shall direct. The term “Starting Value” shall have the meaning described in the Prospectus.
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Examples of Specified Index in a sentence

  • The Daily Forward Settlement for any day shall equal (x) the Specified Index Price for such month minus the Daily Value multiplied by the (y) Daily Produced volume.

  • If the Interest Rate Basis for such Supplemental Obligation is the CD Rate, the Interest Rate Basis that takes effect on any Interest Reset Date shall equal the rate, on the CD Interest Determination Date (as defined below), for negotiable U.S. dollar certificates of deposit having the Specified Index Maturity as published in H.15(519) under the heading "CDs (Secondary Market)".

  • If the Interest Rate Basis is the CD Rate, the Interest Rate Basis that takes effect on any Interest Reset Date shall equal the rate, on the CD Interest Determination Date (as defined below), for negotiable U.S. dollar certificates of deposit having the Specified Index Maturity as published in H.15(519) under the heading "CDs (Secondary Market)".

  • The Daily Forward Settlement for any day shall equal (x) the Specified Index Price for such month minus the Daily Price multiplied by the (y) Daily Produced volume.


More Definitions of Specified Index

Specified Index means the Bank of America/▇▇▇▇▇▇▇ ▇▇ US High Yield Index (H0A1 on Bloomberg).
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