Price Source Disruption definition

Price Source Disruption means (a) the failure of the Price Source to announce or publish the Reference Price (or the information necessary for determining the Reference Price); or (b) the temporary or permanent discontinuance or unavailability of the Price Source.

Price Source Disruption means in relation to the Underlying Exchange Rate that on the relevant date and time the Underlying Exchange Rate is not displayed on the Price Source.

Price Source Disruption means, in relation to a Relevant Rate, such Relevant Rate is not available for any reason as determined by the Calculation Agent;

Examples of Price Source Disruption in a sentence

• The Calculation Agent will determine in good faith whether a Price Source Disruption Event has occurred.

• If an FX Factor applies in relation to Notes, investors in such Notes are subject to the risk that a "Price Source Disruption" may occur.

• A Price Source Disruption will occur on any date that the Calculation Agent is obliged to determine an exchange rate in accordance with the provisions specified in the Final Terms and such exchange rate is not available for any reason.

• It may become impossible to obtain the relevant exchange rate or price during the lifetime of the Product and/or on the Expiration Date and Time due to one or more of the price sources normally used in the relevant market for the Underlying being unavailable because an unscheduled bank closure is declared on short notice in the relevant country or due to the occurrence of any other disruption (each a ''Price Source Disruption Event'').

• If the Calculation Agent determines that a Price Source Disruption has occurred, the Calculation Agent may postpone the relevant fixing date for up to five FX Business Days, after which the Calculation Agent shall instead determine the relevant exchange rate by reference to the rate of exchange published by available recognised financial information vendors.

More Definitions of Price Source Disruption

Price Source Disruption means, in respect of the Commodity, (A) the failure of the relevant Price Source to announce or publish the Specified Price (or the information necessary for determining the Specified Price of the Commodity) for the relevant Commodity Reference Price; or (B) the temporary or permanent discontinuance or unavailability of the Price Source.

Price Source Disruption means (A) the failure of the Price Source to announce or publish the Specified Price (or the information necessary for determining the Specified Price) for the relevant Commodity Reference Price; (B) the temporary or permanent discontinuance or unavailability of the Price Source; (C) if the Commodity Reference Price is “Commodity-Reference Dealers”, the failure to obtain at least three quotations as requested from the relevant Reference Dealers; or (D) if a Price Materiality Percentage is specified in the Confirmation, the Specified Price for the relevant Commodity Reference Price differs from the Specified Price determined in accordance with the Commodity Reference Price “Commodity-Reference Dealers” by such Price Materiality Percentage.

Price Source Disruption means any Index Component Price Source, Index Component Underlying Price Source, Index Funding Rate Screen Page, Funding Rate Screen Page or other source data required to calculate the Index is insufficient, inaccurate or unreliable or not available whether due to temporary or permanent discontinuance or failure of the price source for such data or otherwise, as determined by the Index Calculation Agent.

Price Source Disruption means it becomes impossible to obtain the Settlement Rate on the Valuation Date (or, if different, the day on which rates for that Valuation Date would, in the ordinary course, be published or announced by the relevant price source).

Price Source Disruption means that it becomes impossible to obtain the rate or rates from the Price Source in relation to which the Relevant Price is calculated.

Price Source Disruption means the occurrence of a Metal Reference Price Source Disruption or an FX Level Source Disruption.

Price Source Disruption. , which means it becomes impossible, as determined by the Determination Agent, acting in a commercially reasonable manner, to determine the Settlement Rate on the Valuation Date (or, if different, the day on which rates for that Valuation Date would, in the ordinary course, be published or announced by the relevant price source);