Index Component definition
Examples of Index Component in a sentence
If such a postponement occurs, the Calculation Agent shall determine the value of the Index Components unaffected by the Market Disruption Event by using the closing value of such Index Component or Index Components on the scheduled Valuation Date and shall determine the value of any affected Index Component by using the closing value of such Index Component on the first Trading Day after that day on which no Market Disruption Event occurs or is continuing with respect to such Index Component.
The Calculation Agent shall have the right to postpone a Valuation Date, and thus the determination of the value of the Index, if the Calculation Agent determines that, on such Valuation Date, a Market Disruption Event occurs or is continuing in respect of any Index Component.
Accordingly, if the method of calculating the Index Component is modified so that the value of the Index Component is a fraction or a multiple of what it would have been if it had not been modified, e.g., due to a split, then the Calculation Agent shall adjust the Index Component in order to arrive at a value of the Index Component as if it had not been modified, e.g., as if the split had not occurred.
Natixis may conduct transactions on any Index Component or the Index, either through hedging or otherwise.
If a Merger Event or Tender Offer occurs in relation to an Index Component or the issuer of an Index Component or if a De-Listing or a Nationalisation occurs in relation to an Index Component, the Calculation Agent will determine the Merger Date, Tender Offer Date or effective date (each an "Effective Date"), if any, for such event and the Closing Price for such Index Component on the day one Scheduled Trading Day prior to the Effective Date.