Price Source Disruption Event definition

Price Source Disruption Event means, it becomes impossible to obtain the COP02 (as defined below) on the Reference Rate Fixing Date (as defined below) (or, if different, the day on which rates for that Reference Rate Fixing Date would, in the ordinary course, be published or announced by the relevant price source). The Calculation Agent will in its sole discretion, acting in good faith and in a commercially reasonable manner, declare the occurrence of a Price Source Disruption Event on the Reference Rate Fixing Date.

Price Source Disruption Event means, the non-publication or unavailability of the applicable Reference Rate for any Reference Currency relative to the Base Currency on the applicable source page (or any substitute source page) as specified in the applicable Pricing Supplement and at the applicable time as specified in the applicable Pricing Supplement.

Price Source Disruption Event means it becomes impossible to obtain the Reference Rate on a Rate Fixing Date.

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'').

• 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.

• 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.

• A Price Source Disruption Event may lead to (i) a postponement of the Expiration Date and Time and therefore the redemption payment, (ii) to the use of an alternative source for the relevant exchange rate and or (iii) to the unilateral determination of the applicable exchange rate by the Calculation Agent.

More Definitions of Price Source Disruption Event

Price Source Disruption Event means an event which the Calculation Agent in its sole discretion determines, may result in it becoming impossible to obtain the price or level of one or more Constituents during the lifetime of the Product and/or on the Expiration Date, the Early Redemption Date or the Automatic Early Redemption Date, as applicable, due to one or more of the price sources normally used in the relevant market for the Constituents 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.

Price Source Disruption Event means any failure of the relevant Price Source to announce, display or publish the interest rate for the relevant Floating Rate Option or any other information necessary for determining the interest rate or a temporary or permanent discontinuance or unavailability of the Price Source. If the relevant Price Source has ceased to announce, display or publish the interest rate for the relevant Floating Rate Option and (i) if an alternative price source (the "Successor Price Source") has been agreed by the parties for the relevant Transaction or, failing such agreement, (ii) if a Successor Price Source is officially designated in the information vendor's publication, screen or web page or by the sponsor of the Floating Rate Option, the Calculation Agent will determine the Settlement Interest Rate by reference to that Successor Price Source. If no such Successor Price Source has been agreed or designated, the Calculation Agent will determine the Settlement Interest Rate by reference to a new Floating Rate Option agreed by the parties.

Price Source Disruption Event means an event, other than an Unscheduled Holiday, where it becomes impossible to obtain the FX rate on the relevant valuation date (or, if different, the day on which the relevant FX rate for that valuation date, would, in the ordinary course, be published or announced by the relevant price source) as further specified in ISDA 1998 FX and Currency Options Definitions – Article 5 “Disruption Events”.

Price Source Disruption Event means the occurrence of an event (including, for the avoidance of doubt, and without limiting the generality of this definition, an event resulting in the Calculation Agent being unable to obtain the USD/LKR spot rate on Reuters page "LKR= " at approximately 2:00 p.m., Singapore time, on any day), the result or consequence of which is that it is impossible or otherwise impracticable to obtain the Fixing Rate on such day (or, if different, the day on which rates for such day would, in the ordinary course be published or announced by the relevant price source).

Price Source Disruption Event means the Reference Rate is not available on any Rate Fixing Date as determined by the Determination Agent.

Price Source Disruption Event means any failure of the relevant Price Source to announce, display or publish the interest rate for the relevant Floating Rate Option or any other information necessary for determining the interest rate or a temporary or permanent discontinuance or unavailability of the Price Source. If the relevant Price Source has ceased to announce, display or publish the interest rate for the relevant Floating Rate Option and

Price Source Disruption Event means if the Exchange Reference Rate is not available for any reason under the designated source or on any successor page or becomes impossible to obtain on any Exchange Rate Fixing Date or before 10:00 am Tbilisi time the following Fixing Business Day, the Calculation Agent shall determine at its sole discretion, acting in good faith and in a commercially reasonable manner, that a Price Source Disruption Event has occurred, and shall promptly inform the Issuer and the Issuing and Principal Paying Agent (who will in turn inform the Noteholders) of such occurrence.