Examples of Index Contract in a sentence
For the avoidance of doubt, a Market Disruption Event arising in relation to an Index Contract shall constitute a Market Disruption Event for both the LBCIPB Component Sub-Index and LBCI Component Sub-Index which that Index Contract underlies.
The Index level will be computed by the Calculation Agent in accordance with the formula for and method of calculating the Index last in effect prior to such discontinuation, using the Settlement Prices on the Relevant Contract Exchanges (or, if trading in an Index Contract has been materially suspended or materially limited, its good faith estimate of the Settlement Price that would have prevailed but for such suspension or limitation) at the close of trading on the applicable Valuation Date.
The Final Index Value will be computed by the Calculation Agent in accordance with the formula for and method of calculating the Index last in effect prior to such discontinuation, using the settlement prices on the Relevant Exchanges (or, if trading in an Index Contract has been materially suspended or materially limited, its good faith estimate of the settlement price that would have prevailed but for such suspension or limitation) at the close of trading on the Valuation Date.
If an Index Unavailability Event is in effect on the scheduled Valuation Date (and no Market Disruption Event is then in effect), the Calculation Agent will determine the Final Index Value on the Valuation Date in good faith in accordance with the formula for and method of calculating the Index last in effect prior to commencement of the Index Unavailability Event using the closing price on the Relevant Exchanges of each Index Contract.
Distributor Index, Contract Manufacturer Index, and S&P 500 February 16, 1995 - February 16, 1996 Graph depicting ZETA against PC Service Source, the S&P 500, and indices of the Distributors (CPLX, ARW, WYL, BELM, JACO) and Contract Manufacturers (JBIL, MERX, ACTM, SANM, ALRN, GRTK, DIIG, BHE, FLEXF, REPT).
Please clarify that, since there is only one Index, Contract Owners funds can only be allocated to Subaccounts if the Index is discontinued and not replaced.
In July 2009, the Company entered into the following oil price swaps to hedge an additional portion of its estimated oil production: Aggregate Index Contract volume price period (a) The index prices for the oil price swaps are based on the NYMEX-West Texas Intermediate monthly average futures price.
For purposes of calculating the Final Basket Level in the event of a Disruption Event relating to one or more Component Commodities or Index Contracts in accordance with the above, “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Component Commodity or on the organized exchange or market of trading for the affected Index Contract.
For purposes of the above, (a) “Index Contracts” means the commodities contracts then underlying the Index or any Successor Index; (b) “Relevant Exchange” means any organized exchange or market of trading for any futures contract (or any combination thereof) then included in the Index or any Successor Index; and (C) “trading day” means a day, as determined in good faith by the Calculation Agent, on which trading is generally conducted on the Relevant Exchange applicable to the affected Index Contract.