Metal Reference Price definition
Metal Reference Price means, in respect of a Metal, the price of the Metal (expressed in USD) published by the Relevant Association in respect of such Relevant Association's official London pricing time for the Metal or, if there is more than one official pricing time for the Metal, the AM price or the PM price, as applicable.
Metal Reference Price means, in respect of a Scheduled Valuation Day, the price of the Metal displayed on the Metal Reference Price Source for the Metal Fixing Time on such Scheduled Valuation Day, as determined by the Determination Agent and notified to the Issuer and the Programme Counterparty.
Metal Reference Price means, in respect of a Metal and any given day and subject to Condition 9 (Successor Metal Reference Price or Metal Reference Price Source and Metal Reference Price Event), the value in USD for that day of the afternoon’s benchmark price known as the “LBMA Gold Price”, which is a benchmark afternoon price per troy ounce of Gold for delivery in London for settlement in two business days (as such term is used in the LBMA market) through a full member of the LBMA authorised to effect such delivery, provided that if on a day (i) the afternoon benchmark price is not scheduled to be published but the morning benchmark price is, the morning benchmark price shall be used and (ii) no morning or afternoon benchmark price is scheduled to be published, the Metal Reference Price for such day shall be deemed to be the benchmark price (whether morning
More Definitions of Metal Reference Price
Metal Reference Price means, in respect of a Scheduled Valuation Day, the price of the Metal [To be specified in Final Terms – [displayed on the Metal Reference Price Source corresponding to the Metal Fixing Time on such Scheduled Valuation Day, as determined by the Determination Agent and notified to the Issuer and the Programme Counterparty][insert if other]].
Metal Reference Price means, in respect of a Metal and any given day and subject to Condition 9 (Successor Metal Reference Price or Metal Reference Price Source and Metal Reference Price Event), the value in USD for that day of the afternoon’s benchmark price known as the “LBMA Gold Price”, which is a benchmark afternoon price per troy ounce of Gold for delivery in London for
Metal Reference Price means, in respect of a Scheduled Valuation Day, the price of the Metal displayed on the Metal Reference Price Source for the Metal Fixing Time on such Scheduled Valuation
Metal Reference Price means, in respect of Currency Hedged Certificates only, a price, in the Metal Currency, as determined by the Currency Hedged Certificates Counterparty and notified to the Issuer for a Metal Business Day, being, in respect of Gold, the afternoon's benchmark price known as the "LBMA Gold Price", which is a benchmark afternoon price per troy ounce of Gold for delivery in London for settlement in two business days (as such term is used in the relevant market) through a member of the LBMA authorized to effect such delivery and fixed in respect of the Metal Reference Price Fixing Time, or such other price specified as such in the Final Terms, as displayed on the Metal Reference Price Source on such Business Day, provided that, if there is a Metal Price Source Disruption in respect of the Metal Reference Price for that Metal Business Day, or if there is a Metal Price Inaccuracy in respect of the Metal Reference Price for that Metal Business Day, the Metal Reference Price used for such Metal Business Day shall be determined by the Currency Hedged Certificates Counterparty in good faith and a commercially reasonable manner taking into account such factors as it sees fit (which may include the latest available Metal Reference Price as of a date on which no Metal Price Source Disruption or Metal Price Inaccuracy, as applicable, existed);
Metal Reference Price means, in respect of any Series of Basket ETC Securities,