Index Modification definition

Index Modification means in respect of an Index, the Index Sponsor announces that it shall make a material change in the formula for or the method of calculating that Index or in any other way materially modifies that Index (other than a modification prescribed in that formula or method to maintain that Index in the event of changes in constituent stock and capitalisation and other routine events).

Index Modification means the Index Sponsor announces that it will make a change in the formula for or the method of calculating the Index which the Calculation Agent determines is material or, in the determination of the Calculation Agent, in any other way materially modifies the Index (other than a modification prescribed in that formula or method to maintain the Index in the event of changes in its constituents and other routine events);

Index Modification means, in respect of an Index, the relevant Index Sponsor announces that it will make (in the opinion of the Calculation Agent) a material change in the formula for or the method of calculating such Index or in any other way materially modifies such Index (other than a modification prescribed in that formula or method to maintain such Index in the event of changes in constituent securities and capitalisation and other routine events);

Examples of Index Modification in a sentence

• Index Modification Related Exchange Adjustment, unless no option or futures contracts on the index are traded on the Related Exchange when the Index Adjustment Event occurs, in which case Cancellation and Payment (Calculation Agent Determination) applies.

• Index Modification Related Exchange Adjustment, unless no option or futures contracts on the Index are traded on the Related Exchange when the Index Adjustment Event occurs, in which case Cancellation and Payment (Calculation Agent Determination) applies.

• Following the occurrence of any Index Modification the Calculation Agent shall apply Related Exchange Adjustment, unless no option or futures contracts on the Index are traded on the Related Exchange when the Index Adjustment Event occurs, in which case Cancellation and Payment (Calculation Agent Determination) applies.

• Index Modification: Related Exchange Adjustment, unless no Exchange-traded Contract is traded on the Related Exchange as of the date of such Index Adjustment Event, in which case Cancellation and Payment applies.

• If an Index Modification or Index Cancellation occurs, the Calculation Agent will make one or more adjustments as provided in Section 11.2(b) of the Equity Definitions (without regard to the words “diluting or concentrative” in the second sentence, adding the words “or futures contracts” after each use of the word “options”, and the replacement of the word “Share” or “Shares” with “Index” or “Indices”).

More Definitions of Index Modification

Index Modification means, in respect of an Index, the relevant Sponsor or Successor Sponsor, if applicable, on or prior to any Reference Date, Averaging Reference Date, Observation Date or other relevant date, makes or announces that it will make a material change in the formula for, or the method of, calculating such Index, or in any other way materially modifies such Index (other than a modification prescribed in that formula or method to maintain such Index in the event of changes in the Components, capitalisation and/or other routine events).

Index Modification means the Index Sponsor announces that it will make (in the opinion of the Issuer) a material change in the formula for or the method of calculating the Index or in any other way materially modifies the Index.

Index Modification means the Index Sponsor or Successor Index Sponsor, as applicable, on or prior to any Reference Date or any other relevant date, making or announcing that it will make amaterial change in the formula for, or the method of, calculating the Index, or in any other way materially modifying such Index (other than a modification prescribed in that formula or method to maintain such Index in the event of changes in the Components, capitalisation and/or other routine events), as determined by the Calculation Agent.

Index Modification means, in respect of the Base Index, the Base Index Index Sponsor makes or announces that it will make a material change in the formula for or the method of calculating the Base Index or in any other way materially modifies the Base Index (other than a modification prescribed in that formula or method to maintain the Base Index in the event of changes in the constituent contracts or commodities and other routine events).

Index Modification means any modification of the Consumer Price Index by the Index Sponsor that

Index Modification means the making of a material change in the formula for or the method of calculating the Index or any other material modification of the Index by the Index Sponsor (other than a modification prescribed in that formula or method of maintaining the Index in the event of changes in constituent stock and capitalisation, contracts or commodities and other routine events), or an announcement by the Index Sponsor that it will make such a change, but does not include an Index Cancellation or any change resulting from the operation of the provisions of paragraph (g) (Change in the Methodology of an Index) of Annex 1 (Index Description) to these Conditions.

Index Modification means an announcement by the Index Sponsor that it shall make a material change to the formula or the method of calculating the Index or shall materially modify the Index in any manner whatsoever.