Examples of Price Source Disruption Event in a sentence
The Calculation Agent will determine in good faith whether a Price Source Disruption Event has occurred.
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'').
Following the determination of the occurrence of a Price Source Disruption Event, the Noteholders will not be entitled to any amounts in respect of the Notes until the earlier to occur of (i) the day falling two Business Days after the day on which the Issuer is notified by the Calculation Agent that a Price Source Disruption Event no longer subsists, and (ii) the Postponed Fixed Interest Date, the Postponed Maturity Date, or the Postponed Early Redemption Date, as the case may be.
If the Reference Rate is not available for any reason, as published on Reuters page “BRLUSDPTAX= CBBR” or on any successor page or on the web site of the Central Bank of Brazil (https://www.bcb.gov.br/en) on any Rate Fixing Date, the Calculation Agent shall determine that a Price Source Disruption Event (a "Price Source Disruption Event") has occurred, and shall promptly inform the Issuer and Agent (which shall promptly inform the Noteholders) of such occurrence.
Once the employee reacquires the applicable certification, the employee will be put back to work at the same position he/she had when the employee lost the certification.