Pricing Benchmark definition

Pricing Benchmark means, with respect to a particular grade of Crude Oil or type of Product, the pricing index, formula or benchmark indicated on Schedule B.

Pricing Benchmark means the [insert relevant currency] denominated benchmark debt security of [insert relevant issuer] used for pricing the Notes, being the [insert description of the relevant pricing benchmark] (ISIN [insert ISIN of the relevant benchmark debt security]).

Pricing Benchmark means the value benchmark agreed between the Borrower and the Lender to determine the corresponding loan rate, including but not limited to the following specific pricing benchmarks and other types of pricing benchmarks.

Examples of Pricing Benchmark in a sentence

• On the basis that the issue price shall not be less than 80% of the average transaction price of the shares of the Company in the 20 trading days prior to the Pricing Benchmark Date and shall not be lower than the amount of the latest audited net asset value per Share attributable to the shareholders of ordinary shares of parent company, the issue price will be determined after negotiations between the Board and the lead underwriter.

• Average trading price of shares in the 20 trading days before the Pricing Benchmark Date = total trading amount of shares in the 20 trading days before the Pricing Benchmark Date/total trading volume of shares in the 20 trading days before the Pricing Benchmark Date.

• By setting the issue price as 90% of the average trading price of 20 trading days prior to the Pricing Benchmark Date, the influence of the notable fluctuation in the domestic secondary market since April 2015 to July 2015 arising from the trading system can be avoided, so that the actual value of Shares could be reflected.

• Pricing Benchmark Date, issue price and pricing principles” below.

• The issue price will be adjusted accordingly if there occurs any ex-right or ex-dividend event between the Pricing Benchmark Date and the date of issue.

More Definitions of Pricing Benchmark

Pricing Benchmark means the euro denominated benchmark debt security of the Federal Republic of Germany used for pricing the Notes, being the 0.000 per cent. Bund due 8 October 2021 (ISIN DE0001141745).

Pricing Benchmark means with respect to any Advance Date, the Three Year USD mid-market swap rate as mutually agreed by the Servicer and the Noteholders at 11:00 A.M. New York City time on the Business Day immediately preceding such Advance Date.

Pricing Benchmark means the value benchmark to which the Borrower and the Lender may choose to apply to the corresponding loan interest rate, including, but not limited to, the following specific pricing benchmarks and other types of pricing benchmarks.

Pricing Benchmark has the meaning specified in the Supply and Offtake Agreement.

Pricing Benchmark refers to the benchmark agreed upon by the borrower and the lender to determine the corresponding loan interest rate, including but not limited to the following specific pricing benchmarks and other types of pricing benchmarks. “Loan Market Reference Rate (LPR)” refers to the loan market reference rate applicable to RMB loans issued by the National Interbank Funding Center on the 20th of each month (postponed in case of holidays). “Secured Overnight Financing Rate (SOFR)” refers to the Secured Overnight Financing Rate applicable to US dollar loans, which is managed by the Federal Reserve Bank of New York (or other entities that take over the pricing benchmark) and displayed on the corresponding page of the Bloomberg/Refinitiv financial telecommunications terminal (or other information service agency alternative page that displays the pricing benchmark approved by the lender). “Secured Overnight Financing Rate Term Reference Rate (SOFR Term Rate)” means the Secured Overnight Financing Rate Term Reference Rate (Term SOFR Reference Rate) for US dollar loans, which is administered by CME Group Benchmark Administration Limited (or other entity that takes over the pricing benchmark) and published by it (or any other entity that takes over the pricing benchmark) and displayed on the corresponding page of Bloomberg/Refinitiv financial telecommunications terminal (or other information service agency alternative page that displays the pricing benchmark approved by the lender).

Pricing Benchmark as used in this Article shall have the same meaning as the term “benchmark interest rate”.

Pricing Benchmark means with respect to any Advance Date, the Three Year USD mid market swap rate as mutually agreed by the Servicer and the Noteholders at 11:00 A.M. New York City time on the Business Day immediately preceding such Advance Date.yield determined by the Issuer in accordance with the following two paragraphs. The Pricing Benchmark shall be determined by the Issuer after 4:15 p.m., New York City time (or after such time as yields on U.S. government securities are posted daily by the Board of Governors of the Federal Reserve System), on the third business day immediately preceding the Advance Date based upon the yield for the most recent day that appears after such time on such day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily) - H.15” (or any successor designation or publication) (“H.15”) under the caption “U.S. government securities–Treasury constant maturities–Nominal” (or any successor caption or heading) (“H.15 TCM”). In determining the Pricing Benchmark, the Issuer shall select the yield for the Treasury constant maturity 3-year on H.15.