We define a regularized version of an equivariant index of a (generalized) Dirac operator on a non-compact complete Riemannian manifold M acted on by a compact Lie group G. Our definition requires an additional data – an equivariant map v : M → g = LieG, such that the corresponding vector field on M does not vanish outside of a compact subset. For the case when M = C and G is the circle group a...