Closing Levels definition

Closing Levels means, in respect of a DBLCI-OY Sub-Index and an Index Business Day, each of the ER Closing Level (as defined in paragraph 3 (Excess Return Calculation)) and the TR Closing Level (as defined in paragraph 4 (Total Return Calculation)) for such DBLCI-OY Sub-Index and such Index Business Day.
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Closing Levels means, in respect of a DBLCI-OYE Index, each of the ER Closing Level and the TR Closing Level of such DBLCI-OYE Index.
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Examples of Closing Levels in a sentence

  • In the case of a replacement of an Exchange Traded Instrument as described in (ii) above, the Index Sponsor will make such adjustments to the methodology and calculation of the Sector Index (or Single Commodity Sector Index, as applicable) as it determines to be appropriate to account for the relevant replacement and will publish such adjustments in accordance with paragraph 7 (Publication of Closing Levels and Adjustments) below.

  • In reviewing such information, prospective investors should consider that: • Changes in Closing Levels of each Index during any particular period or market cycle may be volatile.

  • In the case of a replacement of an Exchange Traded Instrument as described in (ii) above, the Index Sponsor will make such adjustments to the methodology and calculation of the DBLCI as it determines to be appropriate to account for the relevant replacement and will publish such adjustments in accordance with paragraph 15 (Publication of Closing Levels and Adjustments) below.

  • The Closing Level will be published by the Index Sponsor (see paragraph 14 (Publication of Closing Levels and Adjustments) below) as soon as reasonably practicable after the Index Valuation Time (as defined below) on each Index Business Day, subject as provided in paragraph 11 (Force Majeure) below.

  • In calculating the Closing Levels, the Index Sponsor shall have regard to subsequent corrections to any Closing Price published by the relevant Exchange prior to the Index Valuation Time on the Valid Date for the relevant Index Commodity immediately following the Index Business Day to which the relevant Closing Level relates but not thereafter.

  • The Index Sponsor will publish notice of any such modification or change and the effective date thereof in accordance with paragraph 14 (Publication of Closing Levels and Adjustments) below.

  • Set out below are certain Closing Levels back-calculated to the Base Date.

  • In the case of a replacement of an Exchange Traded Instrument as described in (ii) above, the Index Sponsor will make such adjustments to the methodology and calculation of the DBIQ-OY Diversified ER™ as it determines to be appropriate to account for the relevant replacement and will publish such adjustments in accordance with paragraph 7 (Publication of Closing Levels and Adjustments) below.

  • The Index Sponsor will publish the Closing Levels of DBIQ-OY Diversified ER™ and the intra-day indicative Index level once every fifteen seconds throughout each trading day (NYSE Arca symbol: DBLCIX) (quoted in U.S. dollars) on the consolidated tape, Reuters and/or Bloomberg and on Deutsche Bank’s websites at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇.▇▇▇ and ▇▇▇▇://▇▇▇▇▇.▇▇.▇▇▇, or any successor thereto.

  • The Closing Levels of each Index have been calculated using historic exchange closing price data of the DX Contracts since the Base Date.

Related to Closing Levels

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) ▇▇▇▇▇’▇ is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.75 to 1.00 but greater than or equal to 3.25 to 1.00.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.