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).
Price Materiality Event. , which means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage; and
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.

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.

Related to Price Materiality Event

  • materiality means the point at which the net asset value of the Share class is impacted to the extent described in Section 2.04(a)(iii) below;

  • 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.

  • Parent Closing Price means the average, rounded to the nearest one ten thousandth, of the closing sale prices of Parent Common Stock on the NYSE as reported by The Wall Street Journal for the five full NYSE trading days immediately preceding (but not including) the Effective Date.

  • Purchaser’s Warranties means the warranties and representations given by the Purchasers pursuant to Clause 5.2 and Schedule 2 and “Purchasers’ Warranty” means any one of them;

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • 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).

  • PRICED SCHEDULE OR QUANTITIES means the schedule duly priced.

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • 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;

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

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

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Market Seller Offer Cap means a maximum offer price applicable to certain Market Sellers under certain conditions, as determined in accordance with Tariff, Attachment DD. section 6 and Tariff, Attachment M-Appendix, section II.E.

  • 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

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • 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.

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.