Substitute Index Sample Clauses

Substitute Index. If the Index required to be used to determine the Mortgage Interest Rate for a Mortgage Loan is not available on an Interest Adjustment Date, the Servicer, will select an index that is based on comparable information, over which the Servicer has no control and that is readily verifiable.
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Substitute Index. If an Index Substitution Event occurs, the Calculation Agent shall as soon as reasonably possible determine the Substitute Index by –
Substitute Index. If on the particular rent adjustment date the CPI does not exist in the format recited above, the parties shall substitute another official index published by the Bureau of Labor Statistics or successor or similar agency as may then be in existence and most nearly equivalent the Index described in this Paragraph 3.04. If the parties are unable to agree on a successor index, the parties shall refer the choice of a successor index to arbitration in accordance with the rules of the American Arbitration Association.
Substitute Index. In the event the CPI stipulated herein is discontinued by the Government then the available Index most nearly the same as the CPI shall be used to make calculations set forth in 4.1.1 above. If Lessor and Lessee are unable to agree on the substitute Index prior to the then rental adjustment date substitute Index shall, on application of either party, be selected by the chief officer of the San Francisco office of the Bureau of Labor Statistics or its successor.
Substitute Index. In the event the CPI ceases to be prepared and published, then the percentage increases provided for hereinabove shall be based on the C:\Data\HOA Agreement_Final.doc increase, over the applicable comparison periods, in the most comparable commodity index then in existence, as reasonably determined by MHC.

Related to Substitute Index

  • Peer Group For purposes of this Agreement, the Company’s peer group (the “Peer Group”) shall be comprised of three components: (a) the industry peer group companies set forth in Exhibit A to this Agreement; (b) companies in the S&P 500 Index; and (c) companies in the Xxxxxx Xxxxxxx XXXX Index; provided, that each of the foregoing Peer Group components shall be subject to equitable adjustment by the Committee in its sole discretion to the extent that one or more companies in any component grouping shall cease to maintain separate legal existence by reason of merger or legal dissolution or otherwise, or shall no longer be part of the applicable index. For purposes of determining values earned for Value Management Award Units granted hereby, the components of the Peer Group will be given the following weightings: industry group 25%; S&P group 50%; and REIT Index group 25%.

  • VALUATION PERIOD Each Division will be valued at the end of each Valuation Period on a Valuation Date. A Valuation Period is each Business Day together with any non-Business Days before it. A Business Day is any day the New York Stock Exchange (NYSE) is open for trading, and the SEC requires mutual funds, unit investment trusts, or other investment portfolios to value their securities. ACCUMULATION VALUE The Accumulation Value of this Contract is the sum of the amounts in each of the Divisions of the Variable Separate Account and General Account. You select the Divisions of the Variable Separate Account and General Account to which to allocate the Accumulation Value. The maximum number of Divisions to which the Accumulation Value may be allocated at any one time is shown in the Schedule. ACCUMULATION VALUE IN EACH DIVISION ON THE CONTRACT DATE On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. ON EACH VALUATION DATE At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Index The index specified in the related Mortgage Note for calculation of the Mortgage Rate thereof. Initial LIBOR Rate: 1.10%.

  • Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1

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