Benchmark Reference Price definition

Benchmark Reference Price means, on any date, (A) the Bundesbank reference price on the Frankfurt Stock Exchange (Bundesbank-Referenzpreis) (or any successor thereto) for the Reference Benchmark Security in respect of such date, or (B) if no such Bundesbank reference price (or successor thereto) in respect of such date is available at the latest on the business day in Paris and Frankfurt immediately succeeding the Determination Date, the mid-market Bloomberg Generic Price (or any successor thereto) for the Reference Benchmark Security at 11.00am (Central European Time (CET)) (or, if no such price is available at 11.00am, the mid-market Bloomberg Generic Price (or any successor thereto) which is next available on such date) as appearing on Bloomberg page QR (or any successor thereto) in respect of the Reference Benchmark Security, or (C) if the Benchmark Reference Price cannot be so determined, the relevant Reference Dealers Price, or (D) if no such Reference Dealers Price is available, such price as is determined in good faith to be appropriate by an independent expert appointed by the Issuer.
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Benchmark Reference Price means, on any date, (A) the Bundesbank reference price on the Frankfurt Stock Exchange (Bundesbank-Referenzpreis) (or any successor thereto) for the Reference Benchmark Security in respect of such date, or (B) if no such Bundesbank reference price (or successor thereto) in respect of such date is available at the latest on the business day in Paris and Frankfurt immediately succeeding the Determination Date, the mid-market Bloomberg
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Examples of Benchmark Reference Price in a sentence

  • The position in respect of the Benchmark Reference Price, Wholesale Price, remedial action or other matter as applied under this Part immediately prior to the Dispute shall apply until such time as the Dispute is resolved.

  • NBPco must, comply with the requirements and timelines set out in Paragraph 8.4 (Monitoring the Benchmark Reference Price and Compliance with the Wholesale Pricing Rules) of this Part 1 (Wholesale Pricing Rules) and Appendix 3 (Wholesale Price Control Procedure and Wholesale Product Control Procedure) of this Schedule with respect to the Wholesale Price Control Procedure and the dates for publication and implementation of the change to its Wholesale Price.

  • The amount of the Part 1 Incorrect Overpayment shall be repaid to Service Providers within thirty (30) Working Days of the date of a notice in writing by the Minister to NBPco that a Part 1 Incorrect Overpayment has arisen and that a refund in the amount specified under the Dispute Resolution Process is due under the provisions of this Paragraph 9.5 (Disagreement Regarding the Benchmark Reference Price or Wholesale Pricing Rules).

  • NBPco may set its Wholesale Price at any level below or at the Benchmark Reference Price (subject to complying with the rules set out elsewhere in this Schedule 5.2 (Wholesale Prices, Price Benchmarking Rules and Wholesale Product Benchmarking Rules), including Paragraph 3.2 (Benchmark Reference Price and Changes to Benchmark Reference Product), and the Agreement).

  • NBPco shall ensure that it uses the most appropriate Benchmark Reference Product in assessing the appropriate Benchmark Reference Price and Wholesale Price.

  • NBPco shall, within ten (10) Working Days of the completion of a Wholesale Pricing Rules Review, in all cases provide the Minister with the accurate and complete NBPco Wholesale Pricing Rules Report (even if NBPco decides not to make a Change Request or considers that the Benchmark Reference Price or Wholesale Price does not need to change or that it is compliant with the Wholesale Pricing Rules).

  • For the avoidance of doubt, provided that NBPco charges the Wholesale Prices determined in accordance with Paragraphs2.1 (Wholesale Prices) to 2.5 (Wholesale Prices) (inclusive) of this Part 1 (Wholesale Pricing Rules) and the other provisions of this Agreement, NBPco is not required to set its Wholesale Prices at the Benchmark Reference Price.

  • Without limiting or affecting NBPco’s obligations under the provisions of this Schedule, NBPco is responsible for ensuring that any change to the Benchmark Reference Price or Benchmark Reference Products from that set out inAppendix 1 (Benchmark Reference Price, Benchmark Reference Product and Others) (as amended by Change Authorisation from time to time) is formally agreed in a Change Authorisation prior to any change in its Wholesale Price becoming effective or implemented.

  • Benchmark Reference Price Forecasts 2012After 2021 the price forecast for WTI, Edmonton par and AECO escalates at 2.0% per year to the end of the reserve life and the exchange rate remains constant at 1.012.

  • B8.2 Prices on Form B: Prices shall be as would be in effect on October 1, 2004 if this Contract were in effect on that date, for purposes of comparing Bids, and shall be relative to the Reference Benchmark, Reference Price and Reference Date / Time Period specified on Form N: Price Adjustment Mechanism.

Related to Benchmark Reference Price

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price. For the avoidance of doubt, when determining (i) above the SPS Valuation Date shall never refer to the Strike Date.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Alternative Reference Rate means the rate that the Independent Adviser or the Issuer (as applicable) determines has replaced the relevant Reference Rate in customary market usage in the international debt capital markets for the purposes of determining rates of interest in respect of bonds denominated in the Specified Currency and of a comparable duration to the relevant Interest Period, or, if the Independent Adviser or the Issuer (as applicable) determines that there is no such rate, such other rate as the Independent Adviser or the Issuer (as applicable) determines in its discretion (acting in good faith and in a commercially reasonable manner) is most comparable to the relevant Reference Rate;