Index Valuation Date definition

Index Valuation Date means the Initial Index Valuation Date, the Final Index Valuation Date, any Automatic Early Redemption Observation Date and any Interest Determination Date.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Index Valuation Date means any Banking Day that is a Reference Index Calculation Date and on which the issuance and redemption of Fund Shares is usually possible as described in the Fund Documents.

Index Valuation Date means the date or each of the dates specified in the Pricing Conditions or if any such day is not an Index Business Day, the next following Index Business Day, unless there is a Market Disruption on that day. If there is a Market Disruption on that day, then such Index Valuation Date shall be the first succeeding Index Business Day on which there is no Market Disruption, unless there is a Market Disruption on each of the Disruption Number of Index Business Days immediately following the original date that, but for the Market Disruption, would have been such Index Valuation Date. In this case, (i) the day which is such Disruption Number of Index Business Days after the day which would have been such Index Valuation Date shall be deemed to be the Index Valuation Date, notwithstanding the Market Disruption and the Calculation Agent shall determine Index Value as of such Index Business Day in accordance with (subject to Condition 7(e) below) the formula and method of calculating the Index last in effect prior to the commencement of the Market Disruption using the Exchange traded price (or if trading in the relevant security has been suspended or materially limited, its good faith estimate of the Exchange traded price that would have prevailed but for that suspension or material limitation) as of the Index Valuation Time on that Index Business Day of each security comprising the Index; provided that the Calculation Agent shall determine Index Value prior to the expiration of the Disruption Number of Index Business Days if waiting for the expiration of such Disruption Number of Index Business Days would result in the calculation being made less than three Payment Business Days prior to the Maturity Date, in which case such determination shall be made as of the Index Valuation Time on the third Payment Business Day prior to the Maturity Date;

Examples of Index Valuation Date in a sentence

Should a Market Disruption Event occur (as defined below) on the date of a Month-End Index Value calculation (also an “Index Valuation Date”), the Bank reserves the right to determine the S&P 500® Index Value for said Index Valuation Date on the basis of the value of the S&P 500® Index on the first of the five immediate Stock Market Business Days on which there was no Market Disruption Event.
If there is a Market Disruption Event on any of the mentioned dates, then the fifth Stock Market Business Day shall be used to determine the S&P 500® Index Value for said Index Valuation Date, notwithstanding, the Market Disruption Event.
Returns on the Notes will not reflect the return an investor would realize if they actually owned the common stocks of any of the companies included in the Underlying Index and received the dividends paid on those stocks because the Final Index Level reflects the prices of the common stocks in the Underlying Index on the Final Index Valuation Date without taking into consideration the value of dividends paid on those stocks.
Because the Final Index Level will be calculated based on the Underlying Index closing level on the Final Index Valuation Date, the level of the Underlying Index at various other times during the term of the Notes could be higher than the Final Index Level.

More Definitions of Index Valuation Date

Index Valuation Date means the last calendar day of each month.

Index Valuation Date means each day on which the level of the Index is calculated by the Issuer so that it can determine the Maturity Payment as set out in the Key Terms or, where such specified date is not an Exchange Business Day, the next day which is an Exchange Business Day.

Index Valuation Date means the last calendar day of each month and/or such other days as the Index Calculation Agent may determine. The first Index Valuation Date will be 28 February 2007.

Index Valuation Date means any Banking Day that is a Reference Index Calculation Date and on which it is actually possible to issue and redeem Fund Shares as described in the Fund Documents.

Index Valuation Date means the Initial Index Valuation Date and the Final Index Valuation Date.

Index Valuation Date means, in respect of the Index, 30 August 2021, subject to such day not being a Disrupted Day. If such day is a Disrupted Day, the Index Valuation Date will be determined in accordance with the provisions of “Consequences of a Disrupted Day” specified below. If the Index Valuation Date is adjusted in accordance with

Index Valuation Date means the Initial Index Valuation Date. "Initial Index Valuation Date" means 19 July 2024.