Fallback Reference Price definition

Fallback Reference Price. (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);
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Fallback Reference Price means that the Determination Agent will determine the Commodity Price based on the first alternate price for the Commodity for that Scheduled Trading Day and not subject to a Market Disruption Event.
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Fallback Reference Price means that the Determination Agent will determine the Commodity Future Price based on the first alternate price for§4b(Korrekturen. Störungstage. Administrator/Benchmark- Ereignis. Außerordentliches Ereignis. Zusätzliches Störungsereignis)
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Examples of Fallback Reference Price in a sentence

  • FX Price Source Disruption: [the provisions of Condition 23.6[(a)/(b)/(c)] shall apply] Fallback Reference Price: [Applicable, [first/second/third], [•] (specify alternate price source(s))/Not Applicable] Calculation Agent Determination: [Applicable, [first/second/third]/Not Applicable] Currency-Reference Dealers: [Applicable, [first/second/third], (Paragraph [(a)/(b)/(c)] of the definition of "Currency-Reference Dealers" in Condition 23.2 shall apply)/Not Applicable] [N.

  • In the event of a Market Disruption Event, the following Disruption Fallbacks will apply in the order specified: (i) Fallback Reference Price, (ii) Postponement (with two Maximum Days of Disruption), (iii) Negotiated Fallback, (iv) Fallback Reference Dealers, and (v) Calculation Agent Determination.

  • Fallback Reference Price; with the next applicable Disruption Fallback to be Negotiated Fallback; with the next applicable Disruption Fallback to be Dealer Fallback; and with the next applicable Disruption Fallback to xxXx Fault Termination.

  • Fallback Reference Price: EMTA BRL Industry Survey Rate (BRL 12).

  • FX Price Source Disruption: [the provisions of Condition 23.6[(a)/(b) /(c)] shall apply] Fallback Reference Price: [Applicable, [first/second/third], [•] (specify alternate price source(s))/Not Applicable] Calculation Agent Determination: [Applicable, [first/second/third]/Not Applicable] Currency-Reference Dealers: [Applicable, [first/second/third], (Paragraph [(a)/(b)/(c)] of the definition of "Currency-Reference Dealers" in Condition 23.2 shall apply) [N.


More Definitions of Fallback Reference Price

Fallback Reference Price means that the Calculation Agent will determine the Relevant Price based on the price for that Pricing Date of the first alternate Commodity Reference Price, if any, specified in the applicable Final Terms and not subject to a Market Disruption Event.
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Fallback Reference Price means that the Determination Agent will determine the Commodity Future Price based on the first alternate price for
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Fallback Reference Price means that the Determination Agent shall determine the Relevant Underlying Value using the Commodity Reference Price specified in the Final Terms or (as applicable) the Pricing Supplement as an alternative Commodity Reference Price provided it is not subject to a Commodity Disruption Event. If such alternative Commodity Reference Price is subject to a Commodity Disruption Event, the next Commodity Disruption Fallback (if any) specified in the Final Terms or (as applicable) the Pricing Supplement will apply;
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Fallback Reference Price means, in respect of a Valuation Date, the Calculation Agent shall in good faith select five leading dealers in total in the general CNY exchange market outside Mainland China, comprising dealer(s) who are active in the general CNY exchange market in respect of each Offshore CNY Center, to provide quotes in relation to the Settlement Rate. If five quotes of the Settlement Rate are provided as requested, the Settlement Rate will be calculated by eliminating the highest and lowest quotes and taking the arithmetic mean of the remaining quotes. If at least three, but fewer than five quotations are provided, the Settlement Rate will be the arithmetic mean of the quotations. If fewer than three quotations are provided as requested, the Settlement Rate shall be determined by way of Fallback Reference Price Postponement and Calculation Agent Determination of Settlement Rate (as defined below) in accordance with terms below.
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Fallback Reference Price means that the Calculation Agent will determine the Relevant Price based on the price for that Pricing Date of the first alternate Commodity Reference Price, if any, specified in the relevant agreement or Confirmation and not subject to a Market Disruption Event or an Additional Market Disruption Event.
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Fallback Reference Price shall have the meaning provided in the Commodity Definitions.
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Fallback Reference Price means that the Determination Agent will determine, in its sole and absolute discretion, the Settlement Rate for such Series on the relevant Valuation Date (or, if different, the day on which rates for that Valuation Date would, in the ordinary course, be published or announced) pursuant to Currency Reference Dealers, or pursuant to such other methodology or price sources as may be specified as the Fallback Reference Price in the applicable Pricing Supplement; and
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