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.
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.
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.

Examples of Recomposition Period in a sentence

  • 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).

  • 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).

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

  • Subject as provided in the definition of "Recomposition Period" set out in Paragraph 8 (Recomposition Periods) of the OYE Description, this replacement takes place over a period in order to lessen the impact on the market for the relevant Exchange Traded Instruments.

  • Subject as provided in the definition of "Recomposition Period" set out in Paragraph 9 (Recomposition Period) of the OY Description, this replacement takes place over a period in order to lessen the impact on the market for the relevant Exchange Traded Instruments.

  • If a New Contract Selection Event has occurred in respect of an Existing Exchange Instrument and a Verification Date, the ER Calculation Value in respect of the relevant Affected Index Commodity on any Index Business Day during the Recomposition Period immediately succeeding such Verification Date for such Affected Index Commodity is determined as provided in paragraph 9 (Recomposition Periods).

  • ER CALCULATION VALUES If a New Contract Selection Event has occurred in respect of an Existing Exchange Instrument and a Verification Date, the ER Calculation Value in respect of the relevant Affected Index Commodity on any Index Business Day during the Recomposition Period immediately succeeding such Verification Date for such Affected Index Commodity is determined as provided in paragraph 9 (Recomposition Periods).

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.

  • Cumulation Period means the period from, and including, the first RFR Banking Day of that Interest Period to, and including, that Cumulated RFR Banking Day;

  • 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);

  • Mediation Period shall have the meaning set forth in Section 10.2.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal month of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver to Agent monthly financial statements pursuant to Schedule 5.1 to this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (a) 15% of the Maximum Revolver Amount, and (b) $4,500,000 for 60 consecutive days.

  • Distribution Period means, for any Distribution Date, the period from and including the Distribution Date immediately preceding such Distribution Date (or, in the case of the first Distribution Date, from and including the Closing Date) to but excluding such Distribution 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.

  • Valid write-in candidate means a candidate who has qualified as a write-in

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • 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 the period ending five (5) business days prior to

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

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the 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.

  • Back-Up Compound means, with reference to any particular Development Candidate or Drug Product Candidate, a Compound which (a) has the same principal mode of action (i.e., Potentiator or Corrector) as that Development Candidate or Drug Product Candidate; and (b) was among the group of Compounds, identified by VERTEX as potential additional lead molecules having the same principal mode of action, from which the Development Candidate was selected.