Benchmark Prices Sample Clauses

Benchmark Prices. Nickel Sulfate: the lower of (a) LME Official Cash Buyer Nickel Price and (b) LME Official 3-Month Buyer Nickel Price, in each case as expressed in US$ per MT, published in the “Metal Bulletin” within the table “London Metal Exchange High, Low, and Average” Cobalt Sulfate: FM Standard Grade, in-whs Rotterdam, Low Quotation Price (expressed in US$ per MT) published by FM Li Carbonate Battery Grade: FM Li Carbonate 99.5% Li2CO3 min, battery grade, spot price DDP Europe and US, $/kg (expressed in US$ per MT) assessed by FM (Standard Grade, Low Price) Manganese Carbonate: Subject to market, to be defined by Customer Graphite Concentrate: Subject to market, to be defined by Customer
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Benchmark Prices. The “Benchmark Price” for each Feedstock is the weekly average of the relevant published market price for the week in which the applicable Feedstock is shipped to the Plant.
Sample 1
Benchmark Prices the lower of (a) LME Official Cash Buyer Nickel Price and (b) LME Official 3-Month Buyer Nickel Price, in each case as expressed in US$ per MT, published in Fastmarkets within the table “London Metal Exchange High, Low, and Average Cobalt: “Cobalt Standard Grade, in-whs Rotterdam, $/lb” Low Quotation Price (expressed in US$ per MT) published in Fastmarkets
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Benchmark Prices 
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Related to Benchmark Prices

  • Interest Rates; Benchmark Notification The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.

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