Index Exposure definition

Index Exposure. ("IEt") means on any relevant Valuation Date(t), the actual exposure of the Synthetic Dynamic Portfolio to the Index represented as a percentage as determined by the Calculation Agent on such relevant Valuation Date(t) in accordance with the following formula:
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Index Exposure means, on each Valuation Date during the Call Measurement Period, as applicable, the product of (i) the Index Exposure on the immediately preceding Valuation Date (or, in the case of the first day of such Call Measurement Period, the Current Principal Amount of the Securities on the immediately preceding Index Business Day) multiplied by the Index Factor on the current Valuation Date and (ii) a fraction equal to (a) the number of scheduled Valuation Dates left in the applicable Call Measurement Period, excluding the current Valuation Date, divided by (b) the number of scheduled Valuation Dates left in the applicable Call Measurement Period, including the current Valuation Date. The Index Exposure on any day that is not a Valuation Date will be deemed to be the same as on the immediately preceding Valuation Date.
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Examples of Index Exposure in a sentence

  • The Ceding Company shall deliver or shall cause LIAC to deliver the Index Exposure Data (as defined under the Fund Sharing NDA) at such frequency as prescribed under the Fund Sharing NDA.

  • Suppose my “break-even” value for the index is 1100 (i.e., for whatever reason I feel that if the value of the index is above 1100, I’m ahead and if it is below 1100, I’m behind.) Stock Index Exposure 200 150 100 50 0 -50900 950 1000 1050 1100 1150 1200 1250 -100 -150 -200 -250 Note that my underlying exposure is long.

Related to Index Exposure

  • Total Revolving Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Net ▇▇▇▇-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Total Exposure means, for any Lender at any time, the sum of (i) the aggregate principal amount of all outstanding Loans of such Lender plus (ii) such Lender’s Applicable Percentage of the Letter of Credit Usage.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Short Exposure means a short inversed leveraged exposure to the Reference Asset.