ECB Recommended Rate Index Cessation Event definition

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:
ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:
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 (or such other party responsible for the calculation of the Rate of Interest, as specified in the relevant Final Terms):

Examples of ECB Recommended Rate Index Cessation Event in a sentence

  • If an ECB Recommended Rate has been recommended and both an ECB Recommended Rate Index Cessation Event and an ECB Recommended Rate Index Cessation Effective Date subsequently occur, then the rate of €STR for each TARGET 2 Business Day in the relevant Observation Period occurring on or after that ECB Recommended Rate Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.


More Definitions of ECB Recommended Rate Index Cessation Event

ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and if the Calculation Agent is not the Issuer if the Calculation Agent is not the Issuer notified by the Issuer to the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Pricing Supplement):
ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events (as determined by the Calculation Agent):
ECB Recommended Rate Index Cessation Event means, in relation to any Observation Period, the occurrence of one or more of the following events, all as determined by the Borrower and notified by the Borrower 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 Calculation Agent (or such other person specified in the Final Terms) and notified by the Calculation Agent (or such other person specified in the Final Terms) to the Issuer:
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: (3) a public statement or publication of information by or on behalf of the administrator of the ECB Recommended Rate announcing that it has ceased or will cease to provide the ECB Recommended Rate permanently or indefinitely, provided that, at the time of the statement or the publication, there is no successor administrator that will continue to provide the ECB Recommended Rate; or (4) a public statement or publication of information by the regulatory supervisor for the administrator of the ECB Recommended Rate, the central bank for the currency of the ECB Recommended Rate, an insolvency official with jurisdiction over the administrator of the ECB Recommended Rate, a resolution authority with jurisdiction over the administrator of the ECB Recommended Rate or a court or an entity with similar insolvency or resolution authority over the administrator of the ECB Recommended Rate, which states that the administrator of the ECB Recommended Rate hasceased or will cease to provide the ECB Recommended Rate permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator that will continue to provide the ECB Recommended Rate;
ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer, or an agent appointed by it, and notified to the Calculation Agent by the Issuer, or an agent appointed by it:
ECB Recommended Rate Index Cessation Event means, in relation to any Observation Period, the occurrence of one or more of the following events, all as determined by the Issuer, acting in good faith and in a commercially reasonable manner, and notified by the Issuer to the Calculation Agent: