Average Index Value definition

Average Index Value means the sum of the monthly index values during the most recently available 12-month period divided by 12 (in the case of indices published monthly) or the sum of the bi-monthly index values divided by 6 (in the case of indices published bi-monthly).
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Average Index Value means the average closing values of the Index for the ten consecutive trading days ending on the trading day prior to the Determination Date.
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Average Index Value means the sum of the Final Prices for each company comprising the Index Group multiplied by the weight set forth on Exhibit C opposite the name of the applicable company, as they may be adjusted in accordance herewith.
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Examples of Average Index Value in a sentence

  • The Bank will then compute the average percentage increase in the S&P 500® Index, if any, by taking the Average Index Value and subtracting it from the Initial Index Value and dividing that figure by the Initial Index Value.

  • The CPI-W Rate Year One adjustment factor shall equal the results of the following calculation to yield a two-Rate Year Percentage Change to bring costs from 2010 dollars to 2012 dollars: A = The Average Index Value for the 12-month period ending October 2011 B = The Average Index Value for the 12-month period ending 2010 For example, if the result of Step 1 is 1.03, the Percentage Change would equal 1.061, which is 1.03 multiplied by 1.03.

  • At maturity, the Bank will compute the average of the Month-End Index Values over the term by adding the Month-End Index Values and dividing that total by 60 to determine the Average Index Value.

  • Even if the Average Index Value is less than the Initial Index Value, there will be no principal balance reduction.


More Definitions of Average Index Value

Average Index Value has the meaning set forth in Section 11.1.9.
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Average Index Value means the sum of the monthly index values during the 12‐ month period ending in June divided by 12 (in the case of indices published monthly) or the sum of the bi‐monthly index values divided by 6 (in the case of indices published bi‐ monthly).
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Average Index Value means the average of the Index Values for the twenty days of trading preceding the fifth trading day prior to the Effective Time.
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Average Index Value means, for each of the three basket indices, the arithmetic average of the Basket Index Closing Values on each of the five determination dates.
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Average Index Value means the average of the daily closing values of the Benchmark Index as reported by the NASDAQ Stock Market for all trading days falling within the applicable 60-calendar-day period.
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Related to Average Index Value

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

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.