Definition of Market Disruption Event Sample Clauses

Definition of Market Disruption Event and with respect to a Floating Price Individual Contract, as specified in that Floating Price Individual Contract;
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Definition of Market Disruption Event. Market Disruption Event" under this § 15 (Floating Prices and Fallback Procedure for Market Disruption) shall mean the events stipulated under § 15.4(a) through
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Definition of Market Disruption Event. Price Source" shall mean any institution determining and publishing the price for a relevant commodity (a "Commodity Reference Price") including exchanges trading in any relevant future contracts or commodities on which the Floating Price is based:
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Definition of Market Disruption Event. Market Disruption Event" under this § 15 (Floating Prices and Fallback Procedure for Market Disruption) shall mean the events stipulated under § 15.4(a) through § 15.4(f) (the existence of which shall be determined in a commercially reasonable manner by the Calculation Agent). For purposes of this § 15.4 (Definition of Market Disruption Event), "Price Source" shall mean any institution determining and publishing the price for a relevant commodity (a "Commodity Reference Price") including exchanges trading in any relevant future contracts or commodities on which the Floating Price is based:
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Definition of Market Disruption Event the Calculation Agent shall determine an alternative price to which the relevant Individual Contract shall be settled (the “Alternative Settlement Price”) according to the applicable Fallback Mechanism contained in the provisions of § 15.3 (Fallback Mechanism), In the event of a Market Disruption Event, the order of succession of §15.3 from (a) to (c) shall be binding upon the Calculation Agent. The Calculation Agent can only use the next following Fallback Mechanism provision if the previous Fallback Mechanism provision is not available due to a Market Disruption Event or otherwise as provided in §15.3, as applicable.
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Definition of Market Disruption Event. “Market Disruption Event” under this § 15 shall mean the events stipulated under § 15.4 (a) through (f) (the existence of which shall be determined in a commercially reasonable manner by the Calculation Agent). For purposes of this § 15.4, “Price Source” shall mean any institution determining and publishing the price for a relevant commodity (a “Commodity Reference Price”) including exchanges trading in any relevant future contracts or commodities on which the Floating Price is based.
Sample 1Sample 2
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Definition of Market Disruption Event. Market Disruption Event" under this § 15 (Floating Prices and Fallback Procedure for Market Disruption) shall mean the events stipulated under § 15.4(a) through § 15.4(f) (the existence of which shall be determined in a commercially reasonable manner by the Calculation Agent). For purposes Альтернативна Базова Ціна Товару (у випадку якщо вона передбачена у відповідному Індивідуальному Договорі), на яку Випадок Порушення Роботи Ринку не впливає; якщо Альтернативна Базова Ціна Товару не узгоджена в Індивідуальному Договорі, то до такого Індивідуального Договору застосовується наступна застосовна Резервна Процедура;
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Related to Definition of Market Disruption Event

  • Market Disruption Event Section 6.3(a) of the Equity Definitions is hereby replaced in its entirety by the following:

  • Notification of market disruption The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

  • Market Disruption (a) If a Market Disruption Event occurs in relation to a Loan for any Interest Period, then the rate of interest on each Lender’s share of that Loan for the Interest Period shall be the percentage rate per annum which is the sum of: (i) the Margin; (ii) the rate notified to the Agent by that Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Period, to be that which expresses as a percentage rate per annum the cost to that Lender of funding its participation in that Loan from whatever source it may reasonably select; and (iii) the Mandatory Cost, if any, applicable to that Lender’s participation in the Loan. (b) In this Agreement “Market Disruption Event” means:

  • Additional Disruption Events Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by adding the words “(including, for the avoidance of doubt and without limitation, adoption or promulgation of new regulations authorized or mandated by existing statute)” after the word “regulation” in the second line thereof.

  • Definition of Market Price The market price for any security shall be (i) the market price for that security quoted at the close of the trading day effective on the Bank Closing Date as published electronically by Bloomberg, L.P., or alternatively, at the discretion of the Receiver, by IDC/Financial Times (FT) Interactive Data; (ii) provided that if such market price is not available for such security, the Assuming Institution will submit a written purchase price bid for such security within three days of notification/bid request by the Receiver (unless a different time period is agreed to by the Assuming Institution and the Receiver) and the Receiver, in its sole and absolute discretion, will accept or reject each such purchase price bid; (iii) further provided that in the absence of an acceptable bid from the Assuming Institution, or in the event that a security is deemed essential to the Receiver as determined by the Receiver in its discretion (see Section 3.6 Retention or Repurchase of Assets Essential to the Receiver) such security shall not pass to the Assuming Institution and shall be deemed to be an excluded asset hereunder and listed on Schedule 3.5(l).

  • H5 Disruption The Contractor shall take reasonable care to ensure that in the performance of its obligations under the Contract it does not disrupt the operations of the Authority, its employees or any other contractor employed by the Authority.

  • Key Definitions As used herein, the following terms shall have the following respective meanings:

  • Definition of Events of Default “Event of Default” means the occurrence of any of the following:

  • Definition of Change of Control For purposes of this Agreement, “Change of Control” shall mean:

  • Whenever an Event of Default shall have happened and be subsisting, in addition to any other rights or remedies provided herein, the Note, by law or otherwise: (a) The amount of such default, in the event the Recipient defaults on the Repayment Amount, shall bear interest at eight percent (8%) per annum ("Default Interest Rate"), from the date of the default until the date of the payment thereof, and all the costs incurred by the OPWC in curing such default including, but not limited to, court costs all other reasonable costs and expenses (including reasonable attorney's fees) shall be repaid by the Recipient to the OPWC as a part of the Repayment Amount. (b) The Director may in his sole and complete discretion and in accordance with Section 164.05 of the Revised Code, direct the county treasurer of the county in which the Recipient is located to pay the amount of any default hereunder from the funds which would otherwise be appropriated to the Recipient from such county's undivided local government fund pursuant to Sections 5747.51 to 5747.53 of the Revised Code. (c) The OPWC shall be released from any and all obligations to Recipient hereunder. (d) The entire principal amount of the Loan then remaining unpaid, together with all accrued interests and other charges shall, at the OPWC's option, become immediately due and payable.

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