We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Generally Accepted Market Practice definition

Generally Accepted Market Practice means the customary use of a certain reference rate, subject to certain adjustments (if any), as substitute rate for the Reference Rate or of provisions, contractual or otherwise, providing for a certain procedure to determine payment obligations which would otherwise have been determined by reference to the Reference Rate in bond issues following the occurrence of a Benchmark Event, or any other generally accepted market practice to replace the Reference Rate as reference rate for the determination of payment obligations.
Sample 1Sample 2Sample 3
Generally Accepted Market Practice means the customary use of a certain benchmark rate, subject to certain adjustments (if any), as substitute benchmark rate for the Original Benchmark Rate or of provisions, contractual or otherwise, providing for a certain procedure to determine payment obligations which would otherwise have been determined by reference to the Original Benchmark Rate in other bond issues following the occurrence of a Benchmark Event, or any other generally accepted market practice to replace the Original Benchmark Rate as reference rate for the determination of payment obligations.
Sample 1Sample 2Sample 3
Generally Accepted Market Practice means the use of a certain reference rate, subject to certain adjustments (if any), as substitute rate for the EURIBOR or of provisions, contractual or otherwise, providing for a certain procedure to determine payment obligations which would otherwise have been determined by reference to the EURIBOR in a material number of bond issues following the occurrence of a Benchmark Event, or any other generally accepted market practice to replace the EURIBOR as reference rate for the determination of payment obligations.
Sample 1Sample 2Sample 3

More Definitions of Generally Accepted Market Practice

Generally Accepted Market Practice means the customary use of a certain reference rate, subject to certain adjustments (if any), as substitute rate for the Original Reference Rate or of provisions, contractual or
Sample 1

Related to Generally Accepted Market Practice

  • Regulated Market means any regulated market (as defined in Directive 2004/39/EC on markets in financial instruments).

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

Most Referenced Clauses

Most Referenced Definitions