FX Market Disruption Event definition

FX Market Disruption Event means each of the following events:
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FX Market Disruption Event means, in respect of a Currency, an event, circumstance or cause(including, without limitation, the adoption of or any change in any applicable law or regulation) that has had or would reasonably be expected to have a materially adverse effect on the availability of a market for converting such Currency to US Dollars (or vice versa), whether due to market illiquidity, illegality, the adoption of or change in any law or other regulatory instrument, inconvertibility, establishment of dual exchange rates or foreign exchange controls or the occurrence or existence of any other circumstance or event, as determined by the Calculation Agent for the purposes of one or more Facility Agreements
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FX Market Disruption Event means the occurrence or existence, as determined by the Calculation Agent in its sole and absolute discretion, of any FX Price Source Disruption, any FX Trading Suspension or Limitation and/or any Inconvertibility Event, in each case if specified in the applicable Final Terms, and/or any other event specified as applicable in the applicable Final Terms.
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Examples of FX Market Disruption Event in a sentence

  • The Knock-out Period will be extended respectively.If a FX Market Disruption Event occurs on a FX Valuation Date, the respective FX Valuation Date will be postponed to the next following FX Calculation Date on which the FX Market Disruption Event no longer exists.Any Payment Date relating to such Valuation Date or FX Valuation Date, as the case may be, shall be postponed if applicable.

  • Such Reference Price shall be determined in accordance with prevailing market conditions at 10:00 a.m. (Munich local time) at the last Trading Day of the Underlying taking into account the economic position of the Security Holders.Should the FX Market Disruption Event continue for more than 8 consecutive Banking Days, the Calculation Agent shall determine acting in accordance with relevant market practice and in good faith the respective FX.

  • In that case, the expiration date for those Derivatives is the relevant Valuation Date.Should the FX Market Disruption Event continue for more than 8 consecutive Banking Days, the Calculation Agent shall determine acting in accordance with relevant market practice and in good faith the respective FX.

  • If any FX Market Disruption Event occurs or exists Noteholders should be aware that the Issuer may either direct the Calculation Agent (i) to make such consequential adjustments to the Notes (including any payment obligations or the currency of payment) as it determines and/or (ii) to determine any Reference Exchange Rate or to substitute any affected Reference Exchange Rate with a substitute Reference Exchange Rate.

  • Such Reference Price shall be determined in accordance with prevailing market conditions at 10:00 a.m. (Munich local time) at the last Trading Day of the Underlying at the Reference Market taking into account the economic position of the Security Holders.Should the FX Market Disruption Event continue for more than 8 consecutive Banking Days, the Calculation Agent shall determine acting in accordance with relevant market practice and in good faith the respective FX.

  • In that case, the expiration date for those Underlying Linked Derivatives is the respective Observation Date.Should the FX Market Disruption Event continue for more than 8 consecutive Banking Days, the Calculation Agent shall determine using its reasonable judgment and acting in good faith the respective FX.

  • In that case, the expiration date for those Derivatives is the respective Observation Date.Should the FX Market Disruption Event continue for more than 30 consecutive Banking Days, the Calculation Agent shall determine in its reasonable discretion (§ 315 BGB) the respective FX.

  • Should a Market Disruption Event with respect to the Underlying occur during a Dissolution Period, the respective Dissolution Period will be extended by the time, the Market Disruption Event has lasted.If a FX Market Disruption Event occurs on a FX Valuation Date, the respective FX Valuation Date will be postponed to the next following FX Calculation Date on which the FX Market Disruption Event no longer exists.

  • If, however, an FX Market Disruption Event is in existence on the day that is 30 calendar days (or such other period as is specified in the applicable Final Terms) following the relevant Scheduled Valuation Date or the other relevant date on which any amount is to be determined by reference to the Primary FX Rate, then the Fallback FX Rate (if one is specified in the applicable Final Terms) on the first Business Day following the expiry of that period shall be used to determine the Relevant FX Amount.

  • The Knock-out Period will be extended respectively.If a FX Market Disruption Event occurs on a FX Valuation Date, the respective FX Valuation Date will be postponed to the next following FX Calculation Date on which the FX Market Disruption Event no longer exists.


More Definitions of FX Market Disruption Event

FX Market Disruption Event means any event, beyond the control of the Issuer, as a result of which the Primary FX Rate is not available, or any suspension of, or limitation imposed on trading in, the Relevant Currency or any event that disrupts or impairs (as determined by the Issuer) the ability of market participants in general to effect transactions in or obtain market values for the exchange of the Relevant Currency.
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FX Market Disruption Event means, in respect of a Currency Price, the occurrence or existence, as determined by the Calculation Agent in its sole and absolute discretion, of any FX Price Source Disruption and/or any FX Trading Suspension or Limitation and/or any Inconvertibility Event and/or Non- DISTRIBUTION Transferability Event.
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FX Market Disruption Event means any FX Price Source Disruption and/or FX Trading Suspension or Limitation and/or any other event specified as such in the applicable Final Terms.
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FX Market Disruption Event means the occurrence or existence, as determined by the Calculation Agent acting in good faith and in a commercially reasonable manner, of any Price Source Disruption and/or any Trading Suspension or Limitation and/or, if specified as applicable in the applicable Pricing Supplement, any Currency Disruption Event and/or any other event specified as such in the applicable Pricing Supplement.
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FX Market Disruption Event means any of the following: (A) the failure by the Central Bank of Egypt (the “CBE”) to exchange or to approve or to permit the exchange of the Underlying Currency for the Settlement Currency or the transfer of the Settlement Currency from accounts inside Egypt to outside Egypt; or (B) the general unavailability of the Settlement Currency at a spot rate of exchange for theUnderlying Currency in any legal exchange market in Egypt that is officially recognised as such by the CBE in accordance with normal commercial practice. Any determination by the Calculation Agent that at any time a FX Market Disruption Event has occurred shall be final and binding on the Issuer and the Holder.
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FX Market Disruption Event means, with respect to any Component Currency or Currency Pair, any of: (i) a WMR 3:00 P.M. Spot Rate Price Source Disruption; (ii) a Currency Convertibility Event; (iii) a Currency Deliverability Event; (iv) a Liquidity Event; (v) a Currency Discontinuity Event; and (vi) an FX Taxation Event.
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Related to FX Market Disruption Event

  • Market Disruption Event means either of the following events as determined by the Calculation Agent:

  • Disruption Event means either or both of:

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Trading Disruption means any suspension of or limitation imposed on trading by the Exchange or Related Exchange or otherwise and whether by reason of movements in price exceeding limits permitted by the Exchange or Related Exchange or otherwise (i) relating to the Share on the Exchange or (ii) in futures or options contracts relating to the Share on any Related Exchange.

  • Index Replacement Event means each of the following events:

  • Exchange Disruption means any event (other than an Early Closure) that disrupts or impairs (as determined by the Determination Agent) the ability of market participants in general (i) to effect transactions in, or obtain market values for the Shares on the Exchange or (ii) to effect transactions in, or obtain market values for, futures or options contracts relating to the Share on any Related Exchange.

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • Price Source Disruption means (a) the failure of the Price Source to announce or publish the Reference Price (or the information necessary for determining the Reference Price); or (b) the temporary or permanent discontinuance or unavailability of the Price Source.