Common use of Fallback Mechanism Clause in Contracts

Fallback Mechanism. In the event of a Market Disruption Event the Calculation Agent shall determine the Alternative Settlement Price according to the following procedure (each a "Fallback Mechanism"):

Appears in 5 contracts

Samples: General Agreement, General Agreement, General Agreement

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Fallback Mechanism. In the event of a Market Disruption Event the Calculation Agent shall determine the Alternative Settlement Price according to the following procedure (each a "“Fallback Mechanism"”):

Appears in 2 contracts

Samples: General Agreement, General Agreement

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