Starting Index Value definition

Starting Index Value means the closing value of the Index on the last trading day immediately preceding the date of the first public announcement of the entry into this Agreement.
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Starting Index Value equals the Closing Value of the BXM Index on the previous Trading Day.
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Starting Index Value means the value of the Index at the market close on the date the MITTS are priced for initial sale to the public (the "Pricing Date").
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Examples of Starting Index Value in a sentence

  • After the first Contract Year, the Starting Index Value is the prior Contract’s Years’ Ending Index Value.

  • The formula for calculating ILI is as follows: Index Return = (Ending Index Value** — Starting Index Value*) / Starting Index Value If the Index Return is less than or equal to the Guaranteed Minimum Interest Rate, then no ILI will be paid.

  • The formula for calculating ILI is as follows: Index Return = (Ending Index Value** – Starting Index Value*) / Starting Index Value If the Index Return is less than or equal to the Guaranteed Minimum Interest Rate, then no ILI will be paid.

Related to Starting Index Value

  • Index Value means, in relation to any Reference Rate Business Day:

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period.

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.