Index Level definition

Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

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Index Level means, in respect of an Index on any Valuation Date, the level of the Index published by the Index Sponsor.

Index Level means the level of the Index as determined by the Determination Agent by reference to the level of the Index published by the Index Administrator.

Examples of Index Level in a sentence

The Calculation Agent shall calculate the Closing Index Level on any particular day and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted.
The Calculation Agent shall also be responsible for (a) the determination of the Index Level on each Calculation Date, (b) the determination of the Rollover Closing Level of the 10 Uncommon Values Index for each Twelve-Month Period, (c) determining if any adjustments to the 10 Uncommon Values Index and/or the Multipliers should be made and (d) whether a Market Disruption Event has occurred.
The Calculation Agent shall calculate the Closing Index Level of a Component Index on any particular day and the Maturity Payment Amount with reference to such Component Index or such Successor Index, as adjusted.
The Calculation Agent will calculate the Closing Index Level on any particular day and the Maturity Payment Amount with reference to the Index or such Successor Index, as adjusted.
If the Monthly Average Index Level is equal to or less than the Initial Index Level, then there shall be no Index Return Payment.

Index Level means the Level of the Reference Asset as defined in § 3 of the Issue Specific Conditions. "Index Sponsor" has the meaning as defined in § 3 of the Issue Specific Conditions.

Index Level means, in respect of any day and subject to the Adjustment Provisions, the official closing level (which shall be deemed to be an amount in the Index Currency) of the Index on such day, all as determined by the Calculation Agent.

Index Level means the level of the Index as calculated by the Index Calculation Agent on the basis of the respective Basket Level (see Appendix (b)) and the Money Market Instrument (see section 3 - Index Calculation - of this Index Description), and published in accordance with section 4 - Index Publication - of this Index Description by the Index Calculation Agent.

Index Level means, on any relevant Scheduled Trading Day, the official closing level of the Index, as calculated and published by the Index Sponsor.

Index Level means the Closing Price as defined in § 3 of the Issue Specific Conditions.

Index Level means the level of the Index as determined by the Calculation Agent at the relevant Valuation Time on each Index Valuation Date by reference to the level of the Index published by the Index Sponsor.

Index Level means, in respect of any day and an Index and subject to the Adjustment Provisions, the closing level of such Index at the Valuation Time on such day, all as determined by the Calculation Agent.