Hedge Disruption Event definition

Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations under the terms of the Hedging Arrangements (if any).
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Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations under the terms of any transaction entered into by the Issuer and/or any such Affiliate to hedge the obligations or position of the Issuer in respect of the Notes.
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Hedge Disruption Event means the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations and/or cash under the terms of a Hedge Transaction.
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Examples of Hedge Disruption Event in a sentence

  • See Risk Factor 5.4 (Where applicable, the Securities may be redeemed or terminated (as applicable) prior to their scheduled maturity due to the occurrence of an Extraordinary Hedge Disruption Event) below.

  • On early redemption or termination, as applicable, of the Securities following the occurrence of an Extraordinary Hedge Disruption Event, you will receive the 'Early Payment Amount' in full and final settlement of the Securities.

  • See the Appendix.In the case without banks as well as in the case with banks that screen, the entry fee is financed via the informal credit market.

  • See Risk Factor 21 (Where applicable, the Securities may be redeemed or terminated (as applicable) prior to their scheduled maturity due to the occurrence of an Extraordinary Hedge Disruption Event) below.

  • If an event may be both an Extraordinary Hedge Disruption Event and a "Payment Disruption Event" and the Issuer elects to early redeem or terminate (as applicable) the Securities, the consequences relating to Payment Disruption Events will not apply.

  • Non-delivery of Deliverable Obligations and Hedge Disruption Event – will not constitute an Event of Default Where Physical Settlement is the applicable Settlement Method, if as a result of a Hedge Disruption Event, the Issuer and/or any of its affiliates have not received the Deliverable Obligations and/or cash under the terms of a Hedge Transaction, such event will not constitute an Event of Default for the purposes of the Notes.

  • On early redemption or termination, as applicable, of the Securities following the occurrence of an Extraordinary Hedge Disruption Event, investors will receive the Early Payment Amount in full and final settlement of the Securities.

  • Where applicable, the Securities may be redeemed or terminated (as applicable) prior to their scheduled maturity due to the occurrence of an Extraordinary Hedge Disruption Event.

  • Where Physical Settlement is the applicable Settlement Method, if as a result of a Hedge Disruption Event, the relevant Issuer and/or any of its affiliates have not received the Deliverable Obligations and/or cash under the terms of a Hedge Transaction, such event will not constitute an Event of Default for the purposes of the Securities.

  • See Risk Factor 5.4 "Where applicable, the Securities may be redeemed or terminated (as applicable) prior to their scheduled maturity due to the occurrence of an Extraordinary Hedge Disruption Event" below.


More Definitions of Hedge Disruption Event

Hedge Disruption Event means the Counterparty and/or any of its Affiliates has not received the relevant Deliverable Obligations and/or cash under the terms of any transaction or trading position (a "Hedge Transaction") entered into or held by the Counterparty and/or any of its Affiliates to hedge, directly or indirectly, the Counterparty’s obligations or positions (whether in whole or in part) in respect of the Swap Agreement.
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Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates and/or its agents has not received the relevant Deliverable Obligations under the terms of any transaction and/or trading position entered into by the Issuer and/or such Affiliate and/or its agents to hedge directly or indirectly and whether in whole or in part the Issuer’s obligations or position in respect of the Notes.
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Hedge Disruption Event means, as determined by the Calculation Agent, the inability or impracticality on any day, due to market illiquidity, Illegality (as defined in the ISDA Master Agreement, but with respect to the Purchaser's hedging activities relating to any Note), lack of hedging transactions, lack of credit worthy market participants or otherwise, of the Purchaser or an affiliate of the Purchaser to establish, re-establish or maintain any transactions necessary or advisable to hedge, directly or indirectly, the equity price risk of holding the Notes on terms deemed reasonable by the Purchaser and at a daily Actual Hedge Cost that is equal to or less than the Maximum Hedge Cost.
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Hedge Disruption Event means that the Counterparty is unable, after using commercially reasonable efforts, to:
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Related to Hedge Disruption Event

  • Disruption Event means either or both of:

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

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • 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).

  • 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.

  • Reference Interest Rate Transition Event means the occurrence of one or more of the following events with respect to the then-current Reference Interest Rate:

  • Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.