Price Materiality Event definition

Price Materiality Event means, in respect of a Currency Price and a Valuation Date or other relevant date, that the FX Price Source differs from the Fallback Reference Price by at least the Price Materiality Percentage (and if both an FX Price Source Disruption and a Price Materiality Event occur or exist on any calendar day, it shall be deemed that an FX Price Source Disruption and not a Price Materiality Event occurred or existed on such calendar day).
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Price Materiality Event. , which means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage; and
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Price Materiality Event means, with respect to the Brazilian Real, that (i) the Exchange Rate as displayed on the applicable Reference Source for the Brazilian Real has been, in the good faith belief of the Bank, inflated or deflated by government intervention and (ii) the difference between such rate and the arithmetic mean, as determined by the Bank, of the exchange rate for conversion of the Brazilian Real into U.S. dollars determined by five reference dealers (the “Brazilian Reference Dealers’ Rate”), selected by the Bank in the underlying market for the Brazilian Real, taking into consideration the latest available quote for such Exchange Rate and any other information deemed relevant by the reference dealers, is more than 3%, then, in such case, the Exchange Rate for the Brazilian Real on the Valuation Date will be the Brazilian Reference Dealers’ Rate. If such difference is less than 3%, then, in such case, the Exchange Rate for the Brazilian Real will be determined as set forth in the definition of “Exchange Rate” above.
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Examples of Price Materiality Event in a sentence

  • We then use this understanding in Section 2.3 to review the literature on management accounting in family firms, aiming to identify aspects of the professionalization of management accounting in family firms so that, in the empirical part of this paper, we mayuse these aspects to assess the professionalization of management accounting in the studied case firm.

  • For the avoidance of doubt, a Price Materiality Event will occur ifthe Primary Rate differs from either Secondary Rate by at least 3%.

  • Price Materiality Event: Applicable, the provisions of Condition 23.7shall apply/Not Applicable.


More Definitions of Price Materiality Event

Price Materiality Event means, with respect to the Brazilian Real, that (i) the Exchange Rate as displayed on the applicable Reference Source for the Brazilian Real has been, in the good faith belief of the Bank, inflated or deflated by government intervention and (ii) the difference between such rate and the arithmetic mean, as determined by the Bank, of the exchange rate for conversion of the Brazilian Real into U.S. dollars determined by five reference dealers (the “Brazilian Reference Dealers’ Rate”), selected by the Bank in the underlying market for the Brazilian Real, taking into consideration the latest available quote for such Exchange Rate and any other information deemed relevant by the reference dealers, is more than 3%, then, in such case, the Exchange Rate for the Brazilian Real on the Valuation Date will be the Brazilian Reference Dealers’ Rate. If such difference is less than 3%, then, in such case, the Exchange Rate for the Brazilian Real will be determined as set forth in the definition of “Exchange Rate” above.
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Related to Price Materiality Event

  • Seller’s Warranties means the warranties given by the Seller pursuant to Clause 9 and Schedule 9, and “Seller’s Warranty” means any one of them;

  • Specified Merger Agreement Representations means such of the representations and warranties made with respect to the Company and its Subsidiaries by the Company in the Merger Agreement to the extent a breach of such representations and warranties is material to the interests of the Lenders.

  • Fundamental Warranties means the representations and warranties of Group Companies set forth in Sections 4.1 (Organization, Standing and Qualification), 4.2 (Capitalization and Other Particulars of the Group Companies), 4.3 (Due Authorization), 4.4 (Valid Issuance of Purchased Shares), 4.5 (No Conflicts), 4.6 (Compliance with Law; Licenses), 4.8 (Financial Statements) and 4.19 (Taxes).

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Non-Viability Event means the earlier of:

  • Value engineering change proposal (VECP means a proposal that--

  • Manufacturer’s Warranty means the warranty supplied from time to time by the manufacturer of the Goods as at the date of the acceptance of the Statement of Work; “PPSA” means the Personal Property Securities Xxx 0000; “Price” means the amount specified within each Statement of Work (subject to any Variation) or as otherwise specified from the Company to the Customer representing the cost for the Works; “Related Work” means any additional building, carpentry, painting, plastering, plumbing or other work or other trades that the Customer requires, which are not to be carried out by the Company; “Services” means the services provided by the Company to the Customer as part of the Works, which may include without limitation the installation of Goods; “Services Delay Charge” means the services delay charge (if any) set out in the Statement of Work; “Services Interruption Event” means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works; “Statement of Work” means the details outlining the provision of the Works, which statement can be delivered verbally or in writing (including email) and may include (where applicable) an estimate or quotation (as specifically expressed as the case) of costs; “Variation” means a change in the Statement of Work including the specifications, scope, time of supply, price or scale of the Works and such variation shall form part of this agreement; “Workmanship” means a good and high quality and standard of delivery in connection with the Services performed; “Works” means the supply of Goods and the provision of Services to the Customer as per each Statement of Work;

  • Seller Warranties means the warranties given by the Seller in Schedule 3;

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Preexisting condition exclusion means, with respect to coverage, a limitation or exclusion of

  • Data qualifier means a specified character (or string of characters) that immediately precedes a data field that defines the general category or intended use of the data that follows.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.3.