Relevant Commodity definition
Relevant Commodity means, in respect of a Commodity Linked Security, such Commodity as is so specified in the applicable Final Terms, and, if more than one commodity is so specified in the applicable Final Terms, then all such commodities shall be referred to as the “Relevant Commodities”.
Relevant Commodity or “Underlying” means the commodity specified as Underlying in the Final Terms.
Relevant Commodity means [specify relevant commodity] [the commodity specified in the applicable Final Terms].
Examples of Relevant Commodity in a sentence
If, in the opinion of the Determination Agent, a Commodity Market Disruption Event (as defined below) has occurred and is continuing on any Pricing Date (or, if different, the day on which prices for that Pricing Date would, in the ordinary course, be published by the Price Source), the Relevant Commodity Price for that Pricing Date will be determined by the Determination Agent in accordance with the first applicable Disruption Fallback (as defined below) that provides a Relevant Commodity Price.
The Determination Agent shall notify the Issuer of any such correction, the revised Relevant Commodity Price and the relevant payment amount, as a result of that correction.
More Definitions of Relevant Commodity
Relevant Commodity means the commodity specified in the table below under the column "Commodity (Reference Page)";
Relevant Commodity means the Dow Jones – UBS Commodity Index Excess return (Bloomberg: DJUBS Index*) (the "Commodity Index"). Any particulars regarding the Dow Jones – UBS Commodity Index Excess return are available under webpage www.djindexes.com/ubs/index.cfm?go=home;
Relevant Commodity means (i) in respect of any class of Index Commodity Contracts any of the Relevant Commodities; and (ii) in respect of any class of Individual Commodity Contracts means the commodity the Settlement Price(s) of Designated Contract(s) relating to which are included in the calculation of the Individual Commodity Index relating to that class of Individual Commodity Contracts;
Relevant Commodity means, in respect of a Commodity-Linked Note, such commodity as is so specified in the relevant Final Terms, and, if more than one commodity is so specified in the relevant Final Terms, then all such commodities shall be referred to as the "Relevant Commodities".
Relevant Commodity means the commodity specified as Commodity(i) above.