Index Formula definition

Index Formula means the percentage increase or, as applicable, decrease in the Employment Cost Index – Union Manufacturing (Series Id: CIU2013000000510I (B)) published by the United States Department of Labor, Bureau of Labor Statistics, or any inflation index that succeeds or replaces it for the twelve (12) most recent months of available data preceding the commencement of the applicable Contract Year.
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Index Formula is the percentage increase or, as applicable, decrease in the [*****] Index - [*****] (Series Id: [*****]) published by the United States Department of Labor, Bureau of Labor Statistics, or any inflation index that succeeds or replaces it for the twelve (12) most recent Months of available data preceding the commencement of the applicable Contract Year.
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Examples of Index Formula in a sentence

  • Index Formula Current Index = ∑(Pt x IS x FAF x CF) ∑(Pt-1 x IS x FAF x CF) x Yesterday’sClosing Index Pt : Current Price at Day t Pt-1 : Closing Price at Day t-1 IS : Issued SharesFAF : Freefloat Adjusted Factor, which is between 0 and 1 CF : Capping Factor, which is between 0 and 1 Index Rebalancing The following provides the general principles on index rebalancing.

  • Index Formula Current Index = ∑(Pt x IS x FAF x CF) ∑(Pt-1 x IS x FAF x CF) x Yesterday’sClosing Index Pt : Current Price at Day t Pt-1 : Closing Price at Day t-1 IS : Issued SharesFAF : Freefloat-adjusted Factor, which is between 0 and 1 CF : Capping Factor, which is between 0 and 1 Index Rebalancing The following provides the general principles on index rebalancing.

  • Index Formula Current Index =∑(Pt x IS x FAF x CF) ∑(Pt-1 x IS x FAF x CF) x Yesterday’sClosing Index Pt : Current Price at Day t Pt-1 : Closing Price at Day t-1 IS : Issued SharesFAF : Freefloat Adjusted Factor, which is between 0 and 1 CF : Capping Factor, which is between 0 and 1 Index Rebalancing The following provides the general principles on index rebalancing.

  • Specifically, the Market Index Formula, which includes market and administrative heat rates to calculate avoided cost energy pricing, a Standard Short Term As-Available Power Contract, and a Standard Long Term Firm, Unit-Contingent Power Contract for QFs.

  • The Rate of Interest and/or the Interest Amount (whether on any Specified Interest Payment Date, early redemption, maturity or otherwise) payable in respect of Index Linked Notes shall be determined in accordance with the Index, Formula, exchange rate (or any combination thereof) in the manner specified in the applicable Final Terms.

  • Index Formula Current Index =∑(Pt x IS x FAF x CF) ∑(Pt-1 x IS x FAF x CF)x Yesterday’sClosing Index Pt : Current Price at Day t Pt-1 : Closing Price at Day t-1 IS : Issued SharesFAF : Freefloat-adjusted Factor, which is between 0 and 1 CF : Capping Factor, which is between 0 and 1 Index Rebalancing The following provides the general principles on index rebalancing.

  • D.07-09-040 at 67, Resolution E-4246 (July 10, 2009) (adopting Market Index Formula).

  • SummaryIn this order, we adopt specific policies and pricing mechanisms applicable to the electric utilities’ purchase of energy and capacity from qualifying facilities (QFs) pursuant to the Public Utilities Regulatory Policy Act of 1978 (PURPA).1Specifically, we adopt:• The Market Index Formula (MIF), which is an updated short- run avoided cost (SRAC) formula for pricing SRAC energy.

  • See, e.g., Application of Southern California Edison Company for Applying Market Index Formula and As-available Capacity Prices for Short Run Avoided Cost Payments to QFs, Decision 10-12-0352010 Cal.

  • Tariffs were fixed for the first five years, subject to Index Formula adjustments and the possibility that the criteria for an Annual or Interim Review would be met.

Related to Index Formula

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

  • 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.

  • Index year means the earliest calendar year in which the

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

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Index B means the index for the year prior to index A.

  • Payout Formula means as to any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant.

  • Index A means the index for the year prior to the

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

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

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • Formula means the appropriate secondary road fund distribution formula or farm-to-market road fund distribution formula as defined in subrules 102.2(2) and 102.2(3).

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • 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.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • Index Number means the Consumer Price Index (Sydney all groups) published by the Australian Bureau of Statistics from time to time.

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Index Fee means 1.0% per annum. The Index Fee is charged each calendar day, beginning as of the Index Start Date. It is calculated on the basis of a 360-day year and the most recently calculated Index Closing Value.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • Accrual Components As specified in the Preliminary Statement.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.