Index Group definition

Index Group means the NASDAQ Bank Index.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Index Group has the meaning set forth in Section 9.01(i)(ii).

Index Group means the 20 bank holding companies listed below, the common stocks of all of which shall be publicly traded and as to which there shall not have been, since the Starting Date and before the Determination Date, any public announcement of a proposal for such company to be acquired or for such company to acquire another company or companies in transactions with a value exceeding 25% of the acquiror's market capitalization. In the event that any such company or companies are removed from the Index Group, the weights (which shall be determined based upon the number of outstanding shares of common stock) shall be redistributed proportionately for purposes of determining the Index Price. The 20 bank holding companies and the weights attributed to them are as follows:

Examples of Index Group in a sentence

In the event a party offered participation declines to participate, the other party may proceed with the formation of such an entity and the provision of ancillary services, so long as the services are priced competitively with those charged by the Index Group, as described in 2.3(b) above.
MC shall obtain pricing for the ancillary services listed in Section 2.3(a) and any other third party services required, which pricing is at least as competitive, for a comparably priced loan, as the aggregate fees charged by the Index Group of lenders as defined in Appendix A to this Agreement, for similar services.
Rather than being determined based on the Company’s TSR relative to the Index Group during the Performance Period, the number of Restricted Stock Units eligible to vest will equal 100% of the Target Number of Restricted Stock Units.
If the TSR percentile rank achieved by the Company is below the 55th percentile of the Index Group, but above the 25th percentile, the Applicable Percentage will decrease by 1.66% for each percentile rank below the 55th percentile.
Companies that are added to the ▇▇▇▇▇▇▇ 2000 Index after the beginning of the Performance Period and companies that cease to be publicly-traded before the end of the Performance Period shall not be considered as part of the Index Group.

More Definitions of Index Group

Index Group means the Nasdaq Bank Index or, if such index is not available, such substitute or similar index as substantially replicates the Nasdaq Bank Index.

Index Group means the 20 bank holding companies listed below, the common stocks of all of which shall be publicly traded and as to which there shall not have been, since the Starting Date and before the Determination Date, any public announcement of a proposal for such company to be acquired or for such company to acquire another company or companies in transactions with a value exceeding 25% of the acquiror's market capitalization. In the event that any such company or companies are removed from the Index Group, the weights (which have been determined based upon the number of outstanding shares of common stock) will be redistributed proportionately for purposes of determining the Index Price. The 20 bank holding companies and the weights attributed to them are as follows:

Index Group means the 25 financial institution holding companies listed on Exhibit C attached hereto, the common stock of all of which shall be publicly traded and as to which there shall not have been a publicly announced proposal at any time during the period beginning on the date of the Agreement and ending on the valuation date for any such company to be acquired. In the event that the common stock of any such company ceases to be publicly traded or a proposal to acquire any such company is announced at any time during the period beginning on the date of this Agreement and ending on the valuation date, such company will be removed from the Index Group, and the weights attributed to the remaining companies will be adjusted proportionately for purposes of determining the Final Index Price and the Initial Index Price. The 25 financial institution holding companies and the weights attributed to them are listed on Exhibit C.

Index Group means the NASDAQ Bank Index (Symbol: BANK).

Index Group means all of those companies listed on Exhibit 8.01 hereto the common stock of which is publicly traded and as to which there is no pending publicly announced proposal at any time during the Calculation Period for such company to acquire another company or companies in transactions with a value exceeding 10% of the acquirer’s market capitalization or for such company to be acquired.

Index Group shall have the meaning set forth in Section 8.1(j).

Index Group means the 17 bank holding companies listed below, the common stocks of all of which shall be publicly traded and as to which there shall not have been, since the Starting Date and before the Determination Date, any public announcement of a proposal for such company to be acquired or for such company to acquire another company or companies in transactions with a value exceeding 25% of the acquiror's market capitalization. In the event that any such company or companies are removed from the Index Group, the weights (which shall be determined based upon the number of outstanding shares of common stock) shall be redistributed proportionately for purposes of determining the Index Price. The 17 bank holding companies and the weights attributed to them are as follows: BANK HOLDING COMPANIES WEIGHTING ------------------------------------------- ---------------- AmSouth Bancorporation 4.87% Central Fidelity Banks, Inc. 5.11 Compass Bancshares, Inc. 3.63 Deposit Guaranty Corporation 3.56 Fifth Third Bancorp 9.24 First American Corporation 2.60 First Commerce Corporation 3.39 First Tennessee National Corporation 5.62 First Virg▇▇▇▇ ▇▇▇▇▇, ▇▇c. 2.83 Hibernia Corporation 11.25 Huntington Bancshares, Inc. 12.35 Mercantile Bancorporation, Inc. 5.30 National Commerce Bancorp 2.14 Regions Financial Corporation 5.80 Signet Banking Corporation 5.25 44 Southern National Corporation 9.55 Star Banc Corporation 7.50 ------ Total 100.00% ======

Filter & Search

Related Definitions