Postponement with three (3) Commodity Business Days as the Maximum Days of Disruption;
Postponement means that the Scheduled Trading Day will be deemed to be the first succeeding Scheduled Trading Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for five consecutive Scheduled Trading Days (measured from and including the original day that would otherwise have been the Scheduled Trading Day). In that case, the next Disruption Fallback will apply.If, as a result of a delay pursuant to this provision, a Commodity Future Price is unavailable to determine the amount payable on the Maturity Date, the Maturity Date will be delayed to the same extent as was the determination of the Commodity Future Price.
Postponement means that the Scheduled Trading Day will be deemed to be the first succeeding Scheduled Trading Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for five consecutive Scheduled Trading Days (measured from and including the original day that would otherwise have been the Scheduled Trading Day). In that case, the next Disruption Fallback will apply.
Examples of Postponement in a sentence
The Insurer has no liability for further Shipments made to any Buyer which has become overdue in any payment obligation (whether or not insured under the Policy) to the Insured beyond the Stop Shipments Date, unless the Due Date is postponed in accordance with the Postponement of Due Date clause.
Postponement of cases on the agenda of the Committee will be permitted only once for each party.
If the Due Date is postponed in accordance with the Postponement of Due Date clause, the Stop Shipments Date shall be the date to which the Due Date is postponed.
Postponement and/or cancellation must be in writing or an e-mail from the Authorized Contact Person for the Client.
The Insurer has no liability for further Shipments made to any Buyer beyond this revised Stop Shipments Date, if payment is not made on a Due Date postponed in accordance with the Postponement of Due Date clause.
More Definitions of Postponement
Postponement means that the Scheduled Trading Day will be deemed to be the first succeeding Scheduled Trading Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for five consecutive Scheduled Trading Days (measured from and including the original day that would otherwise have been the Scheduled Trading Day). In that case, the next Disruption Fallback will apply.If, as a result of a delay pursuant to this provision, a Commodity Price is unavailable to determine the amount payable on the Maturity Date, the Maturity Date will be delayed to the same extent as was the determination of the Commodity Price.(3) Extraordinary Event. In the event of an Extraordinary Event the Determination Agent shall make such adjustments to the redemption, settlement, payment or any other terms of the Securities as the Determination Agent determines appropriate to account for the economic effect on the Securities of such Extraordinary Event upon the Determination Agent having given not less than 5 Business Days’ notice to the Holders in accordance with §12; and not less than 7 Business Days before the giving of such notice, notice to the Fiscal Agent (unless the Fiscal Agent acts as Determination Agent).(4) Additional Disruption Event. In the event of an Additional Disruption Event and the Securities are not redeemed early in accordance with §4 or §8 the Determination Agent may make such adjustments to the redemption, settlement, payment or any other terms of the Securities as the Determination Agent determines appropriate to account for the economic effect on the Securities of such Additional Disruption Event upon the Determination Agent having given not less than 5 Days’ notice to the Holders in accordance with §12; and not less than 7 Days before the giving of such notice, notice to the Fiscal Agent (unless the Fiscal Agent acts as Determination Agent).
Postponement means that the Pricing Date will be deemed, for purposes of the application of this Disruption Fallback, to be the first succeeding Commodity Business Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for two consecutive Commodity Business Days (measured from and including the original day that would otherwise have been the Pricing Date). In that case, the next Disruption Fallback specified in the definition of Disruption Fallback below will apply.
Postponement means that the Valuation Date will be deemed, for purposes of the application of this Commodity Disruption Fallback only, to be the first succeeding Commodity Business Day on which the Commodity Disruption Event ceases to exist, unless that Commodity Disruption Event continues to exist (measured from and including the original day that would otherwise have been the Valuation Date) for consecutive Commodity Business Days equal in number to the Specified Maximum Days of Disruption. In that case, the next CommodityDisruption Fallback (if any) specified in the Final Terms or (as applicable) the Pricing Supplement will apply;
Postponement is the rescheduling of the Assignment by the Client at least 60 days prior to the Assignment to a mutually agreeable date, and no more than 120 calendar days after the original Assignment date.
Postponement shall have the meaning set forth in the Commodity Definitions with two Commodity Business Days as the Maximum Days of Disruption (as each such term is defined in the Commodity Definitions).
Postponement then paragraph 1.1 of these Share Linked Conditions will apply mutatis mutandis for the purposes of determining the Share Price at the Valuation Time on that Averaging Reference Date as if such Averaging Reference Date were a Reference Date that was a Disrupted Day, irrespective of whether, pursuant to such determination, that deferred Averaging Reference Date would fall on a day that already is or is deemed to be an Averaging Reference Date; or
Postponement which means that the relevant date will be deemed, for the purposes of the application of this Disruption Fallback only, to be the first succeeding Commodity Business Day on which the Disruption Event ceases to exist, provided that, where the relevant Disruption Event has been in existence (measured from and including the first Disrupted Date) for 5 consecutive Commodity Business Days (or where the Maturity Date is less than 7 Commodity Business Days from the date of the first Disrupted Date, for such number of consecutive Commodity Business Days measured from and including the Disrupted Date and ending on the date which is 2 Business Days prior to the Maturity Date), the next Disruption Fallback below at (ii) will apply;