Pricing Event definition

Pricing Event means a pricing occurrence for floating price contracts that was agreed to at the time of contract that relates to a specific date or range of dates associated with the title transfer that determines the value of the settlement.
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Pricing Event. As defined in Section 2.3 of this Agreement.
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Pricing Event means the occurrence of any adjustments in the Applicable Margin.
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Examples of Pricing Event in a sentence

  • Project Operator must use all reasonable endeavours and Good Industry Practice to minimise, mitigate and resolve occurrences of Lost Generation, other than where Lost Generation is a result of a Negative Pricing Event.

  • If the Recipient disputes the occurrence of a Pricing Event, the parties shall nevertheless meet within thirty (30) days of the Recipient's receipt of the Pricing Event Notice.

  • If a Pricing Event has occurred and another Rate Option is not in effect, then the rate of interest applicable to the Advances shall be the Prime Rate Option plus the Applicable Interest Margin as determined based on the Pricing Grid.

  • The foregoing shall not affect the Holder’s right to convert any portion of a Parent Note pursuant to Section 8.1(a) above at any time and from time to time before or after any Pricing Event.

  • The initial pricing shall be subject to adjustment hereafter during the term of this Agreement based on any change in the Company's Leverage Ratio as determined in accordance with Section 6.7 of this Agreement for the most recently completed fiscal quarter of the Company ("Pricing Event").

  • During the Determination Period, neither party shall commence any legal proceedings of any kind whatsoever which pertain in any way to the Pricing Event Notice or the alleged occurrence of a Pricing Event.

  • In the Peak Day Pricing Program (PDPD), a discount on regular summer electricity prices is offered in exchange for higher prices during the 9–15 Peak Pricing Event Days per year that normally occur during the hottest days of the summer, encouraging energy conservation during these days with higher demand.

  • For the then remaining portion of the ninety (90) day period following the Recipient's receipt of the Pricing Event Notice ("Determination Period"), the parties shall meet regularly to review and discuss the relevant issues and events in a good faith effort to agree upon whether or not a Pricing Event has occurred.

  • No later than three business days following the Closing Notice Date, PBE shall deliver to FEI notice indicating whether PBE asserts that a Material Pricing Event has occurred (the "Pricing Notice").

  • If a Pricing Event has occurred, then the rate of interest applicable to LIBOR Rate Loans made thereafter shall bear interest under the LIBOR Rate Option plus the Applicable Interest Margin as determined based on the Pricing Grid.


More Definitions of Pricing Event

Pricing Event means any of the following:
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Pricing Event. As set forth in Section 2.3 of this Agreement.
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Pricing Event as defined in Section 2.7 of this Agreement.
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Related to Pricing Event

  • Repricing Event means (a) any prepayment, repayment, refinancing, substitution or replacement of all or a portion of the Class B Term Loans with the proceeds of, or any conversion of Term Loans into, any new or replacement Class of, or new facility of, syndicated term loans by the Borrower in the principal amount of the Class B Term Loans prepaid, repaid, refinanced, substituted, replaced or converted and secured by the Collateral (including Replacement Term Loans or other term loans under this Agreement) having an “effective yield,” determined by the Administrative Agent in consultation with the Borrower (taking into account interest rate margin and benchmark floors, recurring fees and all upfront or similar fees or original issue discount (amortized over four years) paid to the lenders providing such Indebtedness, but excluding any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared ratably with all lenders or holders of such term loans in their capacities as lenders or holders of such term loans), less than the “effective yield” applicable to the Class B Term Loans being prepaid, repaid, refinanced, substituted, replaced or converted (determined on the same basis as provided in the preceding parenthetical) and (b) any amendment to this Agreement (including pursuant to a Replacement Term Loan or other term loans under this Agreement) to the Class B Term Loans or any tranche thereof which reduces the “effective yield” applicable to such Class B Term Loans (as determined on the same basis as provided in clause (a)), in each case only if the primary purpose of such prepayment, repayment, substitution, replacement or amendment was to reduce the “effective yield” applicable to such Class B Term Loans.

  • Funding Event means on any day, (the “Rating Decline Date of Determination”) BNP Paribas’ long-term credit rating has declined to a level three or more notches below its highest rating by any of Standard & Poor’s Ratings Services, ▇▇▇▇▇’▇ Investor Service, Inc. or Fitch Ratings, Ltd. during the period beginning on and including the Closing Date and ending on and including the Rating Decline Date of Determination.

  • Financing Event means the earlier of (i) a public offering by the Company of its Common Stock with aggregate gross proceeds of at least $5 million; or (ii) the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Event Date shall have the meaning set forth in Section 2(d).