Reference Instrument Price definition

Reference Instrument Price means at any time during the trading period on the Reference Exchange the price of the Current Reference Instrument on the Reference Exchange, as determined by the Index Cal- culation Agent.
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Reference Instrument Price means at any time during the trading period on the Reference Exchange the price of theCurrent Reference Instrument on the Reference Exchange, as determined by the Index Calculation Agent. "Reference Exchange" means NYMEX (CME Globex).
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Reference Instrument Price means at any time during the Index Calculation Period the price of the Ref- erence Instrument in the international interbank market, as determined by the Index Calculation Agent in its reasonable discretion.
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Examples of Reference Instrument Price in a sentence

  • This case may occur in particular if the Reference Instrument Price is zero (0) or negative.

  • Adjustments of this nature may relate in particular to the replacement of the Reference Instrument by another comparable Reference Instrument on another Reference Exchange and, where relevant, to the designation of a different Reference Exchange and a different Reference Instrument Price or the Reference Instrument Price is zero (0) or negative.The list of Extraordinary Adjustment Events cited in section B) is not exhaustive.

  • If at time s on Index Calculation Day T the Reference Instrument Price exceeds the most recent Valuation Price of theReference Instrument by more than 4% (Barrier) , an "Intraday Index Adjustment" takes place, simulating a new day: s = T, i.e. IDXT-1 (new) = IDXsRT-1 (new) = RT-1 (old) x 1.04d = 0A new Valuation Price valid after time s (RT-1 (new)) is calculated by multiplying the previous Valuation Price (RT-1 (old)) by 1.04.The financing component remains unchanged.

  • If at time s on Index Calculation Day T the Reference Instrument Price falls below the most recent Valuation Price of the Current Reference Instrument by more than 6% (Barrier) , an "Intraday Index Adjustment" takes place, simulating a new day:s = T, i.e. IDXT-1 (new) = IDXs RT-1 (new) = RT-1 (old) x 0.94d = 0A new Valuation Price valid after time s (RT-1 (new)) is calculated by multiplying the previous Valuation Price (RT-1 (old)) by 0.94.The financing component remains unchanged.

  • If at time s on Index Calculation Day T the Reference Instrument Price falls below the most recent Valuation Price of theReference Instrument by more than 10% (Barrier) , an "Intraday Index Adjustment" takes place, simulating a new day: s = T, i.e. IDXT-1 (new) = IDXsRT-1 (new) = RT-1 (old) x 0.90d = 0A new Valuation Price valid after time s (RT-1 (new)) is calculated by multiplying the previous Valuation Price (RT-1 (old)) by 0.90.The financing component remains unchanged.

  • Nedbank Capital reserves its rights to (a) hold the relevant positions and to request 100% margin on same or (b) decline to Accept the Investor’s Order where the Reference Instrument is the subject of a closed period, a suspension or a delisting or (c) not quote a Reference Instrument Price for the relevant Reference Instrument on the Trading Application.

  • If at time s on Index Calculation Day T the Reference Instrument Price falls below the most recent Valuation Price of theReference Instrument by more than 4% (Barrier) , an "Intraday Index Adjustment" takes place, simulating a new day: s = T, i.e. IDXT-1 (new) = IDXsRT-1 (new) = RT-1 (old) x 0.96d = 0A new Valuation Price valid after time s (RT-1 (new)) is calculated by multiplying the previous Valuation Price (RT-1 (old)) by 0.96.The financing component remains unchanged.

  • For t < 0, the solid line gives the balanced growth rate before the increase in ip.

  • MARKET CONDITIONSGenerallySince the middle of 2008, there has been global economic uncertainty, reduced confidence in financial markets, bank failures and credit availability concerns.These economic events have had a negative effect on the mining and minerals and oil and gas sectors in general.

  • If at time s on Index Calculation Day T the Reference Instrument Price falls below the most recent Valuation Price of the Current Reference Instrument by more than 10% (Barrier) , an "Intraday Index Adjustment" takes place, simulating a new day:s = T, i.e. IDXT-1 (new) = IDXs RT-1 (new) = RT-1 (old) x 0.90d = 0A new Valuation Price valid after time s (RT-1 (new)) is calculated by multiplying the previous Valuation Price (RT-1 (old)) by 0.90.The financing component remains unchanged.


More Definitions of Reference Instrument Price

Reference Instrument Price means at any time during the trading period on the Reference Exchange the price of the
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Reference Instrument Price means at any time during the Index Calculation Period the price of the Reference Instrument in the international interbank market, as determined by the Index Calculation Agent in its reasonable discretion.
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Reference Instrument Price means at any time during the trading period on the Refereuce Ex− chauφe the price of the Curreut Refereuce Iustrumeut on the Refereuce Exchauφe, as deter- mined by the Iudex Calculatiou Aφeut.
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Reference Instrument Price means at any time during the trading period on the oÉÑÉêÉåÅÉ bñÅÜ~åÖÉ the price of the `ìêêÉåí oÉÑÉêÉåÅÉ fåëíêìãÉåí on the oÉÑÉêÉåÅÉ bñÅÜ~åÖÉ, as determined by the fåÇÉñ `~äJ Åìä~íáçå ^ÖÉåíK
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Reference Instrument Price means the price for a Reference Instrument at any relevant time, as determined by Nedbank Capital.
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Related to Reference Instrument Price

  • Reference Instrument means Natural Gas (Henry Hub) Future.Currency: USDISIN: US12573E1010Bloomberg Symbol: NG1 Comdty

  • Replacement Price Section 1.51 is amended by (i) adding the phrase “for delivery” immediately before the phrase “at the Delivery Point” in the second line and (ii) deleting the phrase “at Buyer’s option” from the fifth line and replacing it with the phrase “absent a purchase”.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Derivative Instrument with respect to a Person, means any contract, instrument or other right to receive payment or delivery of cash or other assets to which such Person or any Affiliate of such Person that is acting in concert with such Person in connection with such Person’s investment in the Notes (other than a Screened Affiliate) is a party (whether or not requiring further performance by such Person), the value and/or cash flows of which (or any material portion thereof) are materially affected by the value and/or performance of the Notes and/or the creditworthiness of the Performance References.

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Derivative Instruments means any and all derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of any Equity Securities of the Company increases, including a long convertible security, a long call option and a short put option position, in each case, regardless of whether (x) such interest conveys any voting rights in such security, (y) such interest is required to be, or is capable of being, settled through delivery of such security or (z) other transactions hedge the economic effect of such interest.

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Short Derivative Instrument means a Derivative Instrument (i) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with positive changes to the Performance References and/or (ii) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with negative changes to the Performance References.

  • Long Derivative Instrument means a Derivative Instrument (i) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with positive changes to the Performance References and/or (ii) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with negative changes to the Performance References.