Disappearance of Commodity Reference Price definition

Disappearance of Commodity Reference Price means (i) the permanent discontinuation of trading in the relevant Futures Contract on the relevant Exchange; (ii) the disappearance of, or of trading in, the Relevant Commodity; or (iii) the disappearance or permanent discontinuance or unavailability of a Commodity Reference Price, notwithstanding the availability of the related Price Source or the status of trading in the relevant Futures Contract or the Relevant Commodity.

Disappearance of Commodity Reference Price. , which means (i) the permanent discontinuation of trading in the relevant Futures Contract on the relevant Exchange, (ii) the disappearance of, or of trading in, the relevant

Disappearance of Commodity Reference Price means, in respect of a Relevant Commodity Price,

Examples of Disappearance of Commodity Reference Price in a sentence

• Unless the parties specify otherwise, the fallbacks applicable upon an Administrator/Benchmark Event will be those specified to apply following Disappearance of Commodity Reference Price (as defined in the Commodity Definitions) or otherwise in Sections 7.5(d)(i) and (ii) of the Commodity Definitions.

• Disappearance of Commodity Reference Price means the disappearance or permanent discontinuance or unavailability of the Commodity Reference Price, notwithstanding the availability of the Price Source or status of trading in the Commodity.

• Market Disruption Events: Price Source Disruption Trading Suspension Disappearance of Commodity Reference Price Tax Disruption Disruption Fallback: If a Market Disruption Event with respect to the Specified Price for the relevant Pricing Date occurs, then the Specified Price shall be determined by using the first preceding Commodity Business Day on which no Market Disruption Event existed with respect to the Specified Price (all as determined by the Calculation Agent).

• Disappearance of Commodity Reference Price means, in respect of a Commodity Linked Note, (A) the permanent discontinuation of trading, in the relevant Futures Contract on the relevant Exchange; (B) the disappearance of, or of trading in, the Relevant Commodity; or (C) the disappearance or permanent discontinuance or unavailability of a Commodity Reference Price, notwithstanding the availability of the related Price Source or the status of trading in the relevant Futures Contract or the Relevant Commodity.

• Disruption, Disappearance of Commodity Reference Price, Material Change in Formula, Material Change in Content and Tax Disruption is applicable.

More Definitions of Disappearance of Commodity Reference Price

Disappearance of Commodity Reference Price means (A) the permanent discontinuation of trading in the relevant Futures Contract on the relevant Exchange; (B) the disappearance of, or of trading in, the relevant Commodity; or (C) the disappearance or permanent discontinuation or unavailability of the Commodity Reference Price, notwithstanding the availability of the Price Source or the status of trading in the relevant Futures Contracts or the relevant Commodity.

Disappearance of Commodity Reference Price means, in relation to a Commodity Index, either (i) the failure of trading to commence or the permanent discontinuance of trading in any Component related to the Commodity Index on the relevant Exchange, or (ii) the disappearance of, or of trading in, any such Component.

Disappearance of Commodity Reference Price means, in relation to a Relevant Commodity Price, (A) the disappearance of, or of trading in, the relevant Commodity; or (B) the disappearance or permanent discontinuance or unavailability of a Commodity Reference Price, notwithstanding the availability of the related Price Source or the status of trading in the relevant Commodity;

Disappearance of Commodity Reference Price means (i) the permanent discontinuation of trading in a Gold- related futures contract, options contract or commodity on the London bullion market or the relevant exchange, as applicable, or (ii) the disappearance or permanent discontinuance or unavailability of the Gold Value, notwithstanding the availability of the Price Source or the status of trading in Gold or in a related futures contract, options contract or commodity.

Disappearance of Commodity Reference Price means (A) the permanent discontinuation of trading in the relevant futures contract on the relevant Exchange; (B) the disappearance of, or of trading in, any Index Component or Underlying Component; or (C) the disappearance or permanent discontinuance or unavailability of a Commodity Reference Price, notwithstanding the availability of the related Price Source or the status of trading in any Underlying Component.

Disappearance of Commodity Reference Price means (a) with respect to an underlying commodity index, the disappearance or permanent discontinuance or unavailability of the official settlement price of such underlying commodity index, notwithstanding the availability of the price source or the status of trading in the relevant index commodities or futures contracts related to the relevant index commodities, and (b) with respect to any underlying commodity or any index commodity, either (i) the failure of trading to commence, or the permanent discontinuance of trading, in such underlying commodity or index commodity or futures contracts related to such underlying commodity or index commodity on the relevant exchange for such underlying commodity or index commodity or(ii) the disappearance of, or of trading in, such underlying commodity or index commodity. For purposes of this definition, a discontinuance of publication of an underlying commodity index shall not be a disappearance of commodity reference price if the Calculation Agent shall have selected a successor index in accordance with “— Discontinuance of Any Underlying Commodity Index; Alteration of Method of Calculation” below.

Disappearance of Commodity Reference Price means with respect to any Designated Contract of the Customised Commodities Index, either (i) the failure of trading to commence, or the permanent discontinuance of trading, in such Designated Contract on the relevant Trading Facility, or (ii) the disappearance of, or of trading in, the relevant Designated Contract.