Hedging Event definition

Hedging Event means, with respect to the Notes, the occurrence of an event that has a material adverse effect on Royal Bank’s ability to place, maintain or modify any hedge, including without limitation:

Hedging Event means the occurrence of an event that has a material adverse effect on Royal Bank’s ability to place, maintain or modify any hedge, including without limitation:

Hedging Event means the occurrence of either of the following events or circumstances arising due to any reason (including but not limited to the adoption of, application of or change of any applicable law or regulation after the Issue Date of a Series of Notes):

Examples of Hedging Event in a sentence

• If any event occurs which constitutes both an Adjustment Event or a Hedging Event (as applicable, on the one hand) and an Early Termination Event (on the other), Citi may, in its discretion, treat the event either as an Adjustment Event or a Hedging Event (as applicable) or as an Early Termination Event.

• A Hedging Event (and the related early redemption right of the Issuer) could arise due to any reason, including but not limited to, any change in applicable law or regulation.

• If, in the reasonable opinion of Citi, it is not possible or desirable to deal with the Hedging Event under this clause 4.2, Citi may nominate the event as an Early Termination Event and deal with it under clause 3.

• A Hedging Event (and the related early redemption right of the Issuer could arise due to any reason, including but not limited to, any change in applicable law or regulation.

• Unless Redemption upon Hedging Event is specified as not applicable in the applicable Final Terms, and a Hedging Event occurs, then the Notes may be redeemed at par (plus any accrued interest) or at their fair market value, as specified in the applicable Final Terms.

More Definitions of Hedging Event

Hedging Event means the Issuer is unable, or would incur an increased cost (compared with that on the Issue Date), to (a) acquire, establish, re-establish, substitute, maintain, unwind or dispose of, in such size and upon such timing as it determines appropriate, any transaction(s) or asset(s) it deems necessary to hedge the risk of entering into and performing its obligations with respect to the Notes, or (b) realise, recover or remit the proceeds of any such transaction(s) or asset(s) upon such timing and in such form as it determines appropriate, whether or not in accordance with the Fund Rules;

Hedging Event means the occurrence of either of the following events or circumstances arising due to any reason (including but not limited to the adoption of, application of or change of any applicable law or regulation after the Issue Date): 8.4.1 it becomes impossible or impracticable for the Issuer or a Counterparty to:

Hedging Event means, with respect to any Securities, the occurrence of an event that has a material adverse effect on the Bank's ability to place, maintain or modify any hedge, including without limitation:

Hedging Event means each of Change in Law, Hedging Disruption and Increased Cost of Hedging.

Hedging Event means, in respect of a series of Notes, any event, circumstance or cause (whether or not reasonably foreseeable) that, in the determination of CIBC, acting reasonably and in good faith,

Hedging Event means the occurrence and continuation of any Event of Default or Facility Amortization Event.

Hedging Event means each of Change in Law and Hedging Disruption.