Recomposition Period definition

Recomposition Period means, in respect of an Index Commodity, each period from (and including) the second Index Business Day in a month to (and including) the sixth Index Business Day in such month. For the avoidance of doubt, a Recomposition Period shall include any relevant Index Business Day that is a Disrupted Day in respect of such Index Commodity.
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Recomposition Period means each period from (and including) the second Index Business Day in a month (other than November) to (and including) the sixth Index Business Day in such month Provided That if in respect of any Index Commodity (each a “Disrupted Recomposition Index Commodity”) the last Index Business Day of a Recomposition Period is not a Valid Date, the Recomposition Period for such Disrupted Recomposition Index Commodity only, subject to paragraph 10 (Index Disruption Event), shall be extended to and including the next occurring Valid Date for such Disrupted Recomposition Index Commodity. In the event that a Recomposition Period in respect of an Index Commodity is extended as provided above, the Existing Instrument Amount and the New Instrument Percentage for such Index Commodity for the final Valid Date in such Recomposition Period shall be zero and 100 per cent., respectively.
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Recomposition Period and “Rebalancing Period”, this replacement takes place over a period in order to lessen the impact on the market for futures contracts. Recomposition occurs monthly (other than in November) during a Recomposition Period in the case of futures contracts relating to Crude Oil and Heating Oil. Rebalancing occurs annually in November during a Rebalancing Period in the case of Exchange Traded Instruments relating to all Index Commodities, including Crude Oil and Heating Oil. Replacement of futures contract for Aluminum, Gold, Corn and Wheat occurs when DBLCI is annually rebalanced. The DBLCI is balanced during the Rebalancing Period to rebalance its composition to the Index Base Weights. The composition of the DBLCI may be adjusted in the event of an Index Disruption Event occurring (see paragraph 11 ( Index Disruption Event) below). The DBLCI has been calculated back to a Base Date (the “Base Date”) of 1st December, 1988. On the Base Date the ER Closing Level was 100.
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Examples of Recomposition Period in a sentence

  • The ER Calculation Value in respect of each Index Commodity on an Index Business Day is determined (a) as provided in paragraph 6 (ER Calculation Values) or (b) in the case of Crude Oil and Heating Oil, where the relevant Index Business Day falls during a Recomposition Period, as provided in paragraph 7 (Recomposition Periods) or (c) where the relevant Index Business Day falls during a Rebalancing Period, as provided in paragraph 8 (Rebalancing Periods).

  • The ER Calculation Value in respect of Crude Oil and Heating Oil on any Index Business Day during a Recomposition Period is determined as provided in paragraph 7 (Recomposition Periods) and the ER Calculation Value in respect of each Index Commodity on any Index Business Day during a Rebalancing Period is determined as provided in paragraph 8 (Rebalancing Periods).

  • Recomposition occurs monthly (other than in November) during a Recomposition Period in the case of futures contracts relating to Crude Oil and Heating Oil.

Related to Recomposition Period

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Objection Period has the meaning set forth in Section 2.4(d).

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Covenant Testing Period means the period commencing on the last day of the fiscal month of Borrower most recently ended prior to the occurrence of a Fixed Charge Test Commencement Date for which month Borrowers have delivered to Agent monthly financial statements of Solutions and its Subsidiaries, and continuing until the Termination Date has occurred.

  • Distribution Period means (i) with respect to interest paid on the first Interest Payment Date, the period beginning on (and including) the date of original issuance and ending on (but excluding) the Interest Payment Date in December 2005 and (ii) thereafter, with respect to interest paid on each successive Interest Payment Date, the period beginning on (and including) the preceding Interest Payment Date and ending on (but excluding) such current Interest Payment Date.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Positive Test Result means a finding of the presence of drugs, alcohol, or their metabolites in the sample tested in levels at or above the threshold detection levels contained in the standards of one of the programs listed in Minn. Stat. § 181.953, Subd. 1.

  • Discovery Period means the period of time specified in Extension 4.4, immediately following the termination of this policy during which written notice may be given to the insurer of any claim first made against the insured during such period of time for any wrongful act occurring prior to the end of the policy period and otherwise covered by this policy.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Exclusion period means a period during which specified treatments or services are ex-

  • Pre-Deconsolidation Period means any taxable period beginning on or prior to the applicable Deconsolidation Date.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Monitoring Period means the period from the Launch Date to the Valuation Date (both dates including) at such point in time at which the Reference Price of the Underlying is determined and published..

  • Cooling Off Period means the duration of time counted from the date when the direct seller and the direct selling entity enter into an agreement and ending with the date on which the contract is to be performed and within which direct seller may repudiate the agreement without being subject to penalty for breach of contract.