Common use of Related Exchange Adjustment Clause in Contracts

Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index Level

Appears in 3 contracts

Samples: Trust Instrument, www.appsbbva.com, www.appsbbva.com

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Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index Level.

Appears in 2 contracts

Samples: Letter Agreement, www.bbva.es

Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, Amount and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index LevelAdjustment

Appears in 2 contracts

Samples: www.bbva.es, www.bbva.es

Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index LevelAdjustment

Appears in 2 contracts

Samples: www.appsbbva.com, www.appsbbva.com

Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index LevelAdjustment.

Appears in 1 contract

Samples: www.appsbbva.com

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Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, Amount and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index LevelAdjustment.

Appears in 1 contract

Samples: Letter Agreement

Related Exchange Adjustment. Following each adjustment to the exercise, settlement, payment or other terms of options or futures contracts on the Index traded on any Related Exchange, the Calculation Agent will make the corresponding adjustments to the Equity Amount or Cash Settlement Amount, as the case may be, and any other variable relevant to the exercise, settlement, payment or other terms on that Transaction, as determined by the Calculation Agent, which adjustment will be effective as of the date determined by the Calculation Agent to be the effective date of the corresponding adjustment made by the Related Exchange. If options or futures contracts on the Index are not traded on the Related Exchange, the Calculation Agent will make such adjustment, if any, to any one or more of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms to the Transaction as the Calculation Agent determines appropriate with reference to the rules of any precedents (if any) set by the Related Exchange, to account for the effect of any event that, in the determination of the Calculation Agent, would have given rise to an adjustment by the Related Exchange if such options or futures contracts were so traded. Index Disruption Calculation Agent Adjustment Correction of Index LevelAdjustment

Appears in 1 contract

Samples: www.appsbbva.com

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