Cumulative Events definition
Cumulative Events means, except as provided below, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed the 14 consecutive calendar days in the aggregate. Accordingly, (x) if, upon the lapse of any such 14 consecutive calendar day period, an Unscheduled Holiday shall have occurred or be continuing on the day following such period that otherwise would have been a Business Day, then such day shall be deemed to be a Valuation Date, and (y) if, upon the lapse of any such 14 consecutive calendar day period, a Price Source Disruption shall have occurred or be continuing on the day following such period on which the FX Rate otherwise would be determined, then Valuation Postponement shall not apply and the FX Rate shall be determined in accordance with the next Disruption Fallback.
Cumulative Events means, notwithstanding anything to the contrary, in no event shall the total number of consecutive calendar days during which either (A) a valuation is deferred due to an Unscheduled Holiday, or (B) a Valuation Postponement shall occur (or any combination of (A) and (B)), exceed 14 consecutive calendar days in the aggregate.
Cumulative Events means notwithstanding anything herein to the contrary, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday,
More Definitions of Cumulative Events
Cumulative Events means, notwithstanding anything to the contrary, that in no event shall the total number of consecutive calendar days during which either
Cumulative Events. Notwithstanding anything herein to the contrary, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed 30 consecutive calendar days in the aggregate. Accordingly, (x) if, upon the lapse of any such 30-day period, an Unscheduled Holiday shall have occurred or be continuing on the day following such period, then such day shall be deemed to be a Valuation Date, and (y) if, upon the lapse of any such 30-day period, a Price Source Disruption shall have occurred or be continuing on the day following such period, then Valuation Postponement shall not apply and the Spot Rate shall be determined in accordance with the next Disruption Fallback.
Cumulative Events means that in no event shall the total number of consecutive calendar days during which valuation is deferred due to (i) an Unscheduled Holiday, or (ii) a Price Source Disruption (or any combination of (i) and (ii)), exceed the EM Deferral Period. Accordingly, if on the first Conversion Rate Business Day (or date which would have been a Conversion Rate Business Day but for the occurrence of an Unscheduled Holiday) after such period has lapsed (the "Cut-off Fixing Date ") (X) an Unscheduled Holiday occurs or is continuing (but no Price Source Disruption occurs or