Price Materiality definition

Price Materiality means the Calculation Agent has determined that the Conversion Rate differs from the Fallback Conversion Rate by the Price Materiality Threshold Percentage or more (provided that if the Calculation Agent is unable to determine the Fallback Conversion Rate, the Calculation Agent may determine in its sole discretion whether a Price Materiality has occurred).

Price Materiality means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage.

Price Materiality means that, in the determination of the Calculation Agent, the SER Primary Rate differs from any SER Secondary Rate by at least the SER Price Materiality Percentage or if there are insufficient responses on the relevant SER Valuation Date to any survey used to calculate any such rate, then the SER Price Materiality Percentage will be deemed to be met.

Examples of Price Materiality in a sentence

• Price Materiality Percentage: 3%, provided however, that if there are insufficient responses on the Valuation Date to the EMTA BRL Industry Survey or the EMTA BRL Indicative Survey, as the case may be, the Price Materiality Percentage will also be deemed to have been met.

• Price Source Disruption, Price Materiality, Dual Exchange Rate, Illiquidity, Inconvertibility, and Non-Transferability shall apply and in each such event, the following Disruption Fallbacks shall apply.

• Disruption Events and Fallbacks: Disruption Events: Price Source Disruption: Applicable Price Materiality: Applicable Primary Rate: BRL PTAX (BRL09) Secondary Rate: EMTA BRL Industry Survey Rate (BRLI2), or EMTA BRL Indicative Survey Rate (BRL 13), as the case may be.

• Price Source Disruption: Applicable Price Materiality: Applicable Primary Rate: BRL09 Secondary Rate: EMTA BRL Industry Survey Rate (BRL 12), or EMTA BRL Indicative Survey Rate (BRL 13), as the case may be.

• DONE in duplicate at Cape Town on 09 May 1995 in the Netherlands and English languages, the texts being equally authentic.

More Definitions of Price Materiality

Price Materiality means the Calculation Agent determines that, with respect to a Reference Currency, the Settlement Rate Option materially differs from any quote obtained by the Calculation Agent on the currency markets;

Price Materiality means, in respect of a BRL Valuation Date, that the EMTA BRL Industry Survey Rate is available on such date and that the BRL-PTAX Rate differs from the EMTA BRL Industry Survey Rate by more than 3 per cent.

Price Materiality means, in respect of a CLP Valuation Date, that the “EMTA CLP INDICATIVE SURVEYRATE” is available on such date and that the “CLP DÓLAR OBS” Rate differs from the EMTA CLP INDICATIVE SURVEY RATE” Rate by more than 3 per cent.

Price Materiality means that, in the determination of the Calculation Agent, either (a) the Primary Rate differs from any Secondary Rate by at the least the Price Materiality Percentage or (b) there are insufficient responses on the Specified Valuation Date to the relevant survey used in calculating the First Fallback Reference Price or, as the case may be, the Second Fallback Reference Price.

Price Materiality means that, with respect to any Reference Currency, the Settlement Rate Option differs from any quote obtained by the Calculation Agent on the currency markets by at least the Price Materiality Percentage specified in the Final Terms.

Price Materiality means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage, as determined by the Calculation Agent.

Price Materiality means the event where the BRL09 differs from the BRL12 by more than 3% on any relevant Rate Fixing Date, provided however, that if there are insufficient re- sponses to the EMTA BRL Industry Survey, the Price Materiality event shall also be deemed to have been occurred.