Initial Index Value definition

Initial Index Value means the index closing value of the underlying index on the pricing date or such other date as may be specified in the applicable pricing supplement.

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Initial Index Value means the average of the Index Values for the twenty (20) consecutive Trading Days ending on the last Trading Day immediately preceding the date of this Agreement.

Examples of Initial Index Value in a sentence

A = Adjusted Index Value as of the current Business Day B = The Initial Index Value as of the start of the current Risk Control Account Year.
If a Risk Control Account Start Date or Risk Control Account Anniversary does not fall on a Business Day, the Initial Index Value for the next Business Day will be used.
The Bank will then compute the average percentage increase in the S&P 500® Index, if any, by taking the Average Index Value and subtracting it from the Initial Index Value and dividing that figure by the Initial Index Value.
For example: If the Initial Index Value is 900 and the average of the Month-End Index Values over the term of your Stock Market is 1,150, the increase is 27.78%, that is: (1,150 – 900) / 900 = 27.78%.
The Initial Index Value shall be determined by the Company in its sole discretion as of the date the Index is populated by the Company pursuant to this Section 2.04(a).

Initial Index Value means, with respect to each Performance Measurement Index, the Performance Measurement Index Value as of the first day of any Performance Measurement Period.

Initial Index Value means the value of the Index at the close of trading on the CBOE on August -, 1998.

Initial Index Value means the value of the Index at the close of trading on the CBOE on September [ ], 2000.

Initial Index Value for an Index means the value or level of that Index as published by GS at 16:00 (New York EST) on the Settlement Date.

Initial Index Value means, the Performance Measurement Index Value as of the first day of any Performance Measurement Period.

Initial Index Value means the Index Value as of January 1, 1997."

Initial Index Value means the value of the Solar Energy Index on the Index Launch Date as described in section 5; “Market Disruption Event” means