Common use of Fallback Reference Price Clause in Contracts

Fallback Reference Price. The Calculation Agent shall determine the Alternative Settlement Price which shall be the price for that Calculation Date of the first Alternate Commodity Reference Price (if any, specified in the applicable Individual Contract), which is not itself subject to a Market Disruption Event; if an Alternate Commodity Reference Price has not been agreed on in the Individual Contract, the next applicable Fallback Mechanism shall apply for the relevant Individual Contract.

Fallback Reference Price. The Calculation Agent shall determine the Alternative Settlement Price which shall be based upon the price for that Calculation Date of the first Alternate Commodity Reference Price (Price, if any, specified in the applicable Individual Contract), Contract and which is not itself subject to a Market Disruption Event; if an Alternate Commodity Reference Price has not been agreed on in the Individual Contract, the next applicable Fallback Mechanism shall apply for the relevant Individual Contract.;

Fallback Reference Price. The Calculation Agent shall determine the Alternative Settlement Price which shall be the price for that Calculation Date of the first Alternate Commodity Reference Price (if any, specified in the applicable Individual Contract), which is not itself subject to a Market Disruption Event; if an Alternate Commodity Reference Price has not been agreed on in the Individual Contract, the next applicable Fallback Mechanism shall apply for the relevant Individual Contract(bb) вчинення Податковим органом будь-якої дії або подання позову до суду компетентної юрисдикції в дату укладання відповідного Індивідуального Договору або після неї.