Benchmark Discontinuance Event definition

Benchmark Discontinuance Event means the occurrence of one or more of the following events with respect to a Benchmark:
Sample 1Sample 2Sample 3
Benchmark Discontinuance Event means a Benchmark Delayed Discontinuance Event or a Benchmark Immediate Discontinuance Event.
Sample 1Sample 2Sample 3
Benchmark Discontinuance Event means the occurrence of one or more of the following events with respect to the Daily LIBOR Rate:
Sample 1Sample 2

Examples of Benchmark Discontinuance Event in a sentence

  • Nonetheless, there will still need to be a discussion among issuers and agents, and perhaps other third parties, to agree on, for example, who will determine whether a Benchmark Discontinuance Event has occurred and what is the applicable Replacement Benchmark and Replacement Benchmark Spread.

  • The lender should have the right to take the relevant action to unilaterally designate new loan terms for bilateral business loans simply by notice to the Borrower should a Benchmark Discontinuance Event occur provided that the lender follows the framework outlined in Appendix I or II.


More Definitions of Benchmark Discontinuance Event

Benchmark Discontinuance Event means the occurrence of one or more of the following events with respect to LIBO Screen Rate:
Sample 1
Benchmark Discontinuance Event means the occurrence of one or more of the following events with respect to LIBO Screen Ratethe then-current Benchmark:
Sample 1
Benchmark Discontinuance Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:
Sample 1

Related to Benchmark Discontinuance Event

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Benchmark Modification or Cessation Event means, in respect of the Benchmark any of the following has occurred or will occur:

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Discontinuance Notice means the written Notice sent by the Billing Party to the other Party that notifies the Non- Paying Party that in order to avoid disruption or disconnection of the Interconnection Services, furnished under this Agreement, the Non-Paying Party must remit all Unpaid Charges to the Billing Party within fifteen (15) calendar days following receipt of the Billing Party’s Notice of Unpaid Charges.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Compensation Event means any of the following events or circumstances if and to the extent that it interferes adversely with, or causes a failure of, the carrying out of the Design, the Construction or the Services, causes an Unavailability Event or causes Direct Losses to Project Co or any Project Co Person:

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Severe Disruption Event means any event specified as such in the Final Terms.