Averaging Date Market Disruption definition
Averaging Date Market Disruption. , if applicable, means the procedures specified in the applicable Pricing Supplement for determining the consequence of an Averaging Date being a Disrupted Day, as described in Term 2 (Disrupted Days) below;
Averaging Date Market Disruption. If (i) a Market Disruption Event occurs on an Averaging Date during the Averaging Period, then, for each such Averaging Date on which such an impairment occurs, Calculation Agent shall extend the Averaging Period and the Valuation Date by one (1) Exchange Business Day or (ii) a Blackout Period or a Suspension Period commences on an Averaging Date during the Averaging Period, then the Averaging Period shall be tolled until the end of such Blackout Period or Suspension Period, as applicable, and the Valuation Date shall be extended accordingly.