Spot Level definition

Spot Level means the spot level of the Index as compiled and published by the Index Compiler.

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Spot Level means the spot level of the Index as compiled and published by the Index Compiler (expressed in the nearest 2 decimal places), provided that for the purpose of determining the Spot Level as at 9:00a.m. (Hong Kong time) on the Observation Commencement Date, the closing level of the Index as compiled and published by the Index Compiler in respect of the Index Business Day immediately preceding the Observation Commencement Date (expressed in the nearest 2 decimal places) will be deemed as the relevant Spot Level as at 9:00a.m. (Hong Kong time) on the Observation Commencement Date.”

Spot Level means the spot level of the Index as compiled and published by Hang Seng Indexes Company Limited.

Examples of Spot Level in a sentence

This is expressed in Units of ZAR Currency per 1 Unit of Underlying Currency MTM Spot Level (Spot Value mtm) The contract will be valued as follows: Spot Value mtm = Umtm * FXmtm Expiration Date ANNEXURE A Further Expiration Dates may be added upon request Underlying Expiration Time The time of the official closing of the Underlying on Final Valuation Date.

More Definitions of Spot Level

Spot Level means the spot level of the Index as compiled and published by the Index Compiler; “Stock Exchange” means The Stock Exchange of Hong Kong Limited;

Spot Level means the spot level of the Index as compiled and published by the Index Compiler (rounded to the nearest 2 decimal places), provided that for the purpose of determining the Spot Level as at 9:00a.m. (Hong Kong time) on the Observation

Spot Level means, unless otherwise specified in the relevant Supplemental Listing Document, the spot level of the Index as compiled and published by the Index Sponsor; and

Spot Level means the spot level of the Index as compiled and published by HSIC; “Stock Exchange” means The Stock Exchange of Hong Kong Limited; and “Valuation Date” means the Expiry Date.

Spot Level means, subject to Condition 6(a) of the Conditions, the spot level of the Index as compiled and published by the Index Sponsor/Publisher/Compiler.

Related to Spot Level

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 Index at 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), all as determined by the Calculation Agent.