Settlement Exchange Rate definition

Settlement Exchange Rate means the rate specified as such in the relevant Launch Announcement and Supplemental Listing Document, subject to any adjustment in accordance with Product Condition 4;
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Settlement Exchange Rate means (a) the rate specified as such in the Issue Terms, (b) if no such rate is specified and, subject as referred to in Payout Condition 6.1 above, the rate of exchange appearing on the SER Price Source at the SER Valuation Time on the relevant SER Valuation Date for the exchange of the SER Subject Currency per one unit of the SER Base Currency for settlement on the SER Number of Settlement Days; or (c) if SER Intermediate Currency Requirements are specified as applicable in the Issue Terms and no rate is specified as the Settlement Exchange Rate in the Issue Terms, the rate of exchange appearing on the SER Price Source at the SER Valuation Time on the relevant SER Valuation Date for the exchange of the SER Subject Currency per one unit of the SER Intermediate Currency for settlement on the SER Number of Settlement Days.
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Settlement Exchange Rate means the exchange rate recorded by the BMRS inaccordance with Section V2.1.2;
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Examples of Settlement Exchange Rate in a sentence

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Level =Exercise Level -[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSTECH is below the break-even level upon exercise of the Put Warrants.

  • Where more than one SER Disruption Fallback is so specified then such SER Disruption Fallbacks shall apply in the order in which they are specified either in (i) or (ii) above or in the Issue Terms until the Settlement Exchange Rate can be determined for such exchange rate relating to that SER Settlement Currency, for such SER Valuation Date.

  • Adjustments 4.1 Market Disruption Events Without limiting Product Condition 3(d), if a Market Disruption Event occurs, the Issuer has the right to adjust the Spot Rate or, if applicable, the Settlement Exchange Rate and/or any other relevant variables accordingly.

  • Unless otherwise specified in the Issue Terms, SER Cumulative Events will be deemed to be specified as applicable for the purposes of this Condition (d) if the Settlement Exchange Rate is specified in the Issue Terms as either USD/PEN, USD/CLP or USD/COP.

  • Holders may calculate the break-even level for their investment in the Put Warrants by using the following formula: Break-even Level =Exercise Level -[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSI is below the break-even level upon exercise of the Put Warrants.

  • All Company Products: (i) comply in all material respects with all Applicable Laws and industry standards; and (ii) materially conform to all applicable contractual commitments, express and implied warranties (to the extent not subject to legally effective express exclusions thereof), representations and claims in packaging, labeling, advertising, and marketing materials, and applicable specifications, user manuals, training materials, and other published documentation.

  • Holders may calculate the break-even level for their investment in the Call Warrants by using the following formula: Break-even Level =Exercise Level +[(Purchase Price(a) x Exercise Ratio) + Exercise 1Expenses(b)] x Settlement Exchange Rate Multiplier A positive payoff is only attainable if the level of the HSI exceeds the break-even level upon exercise of the Call Warrants.

  • As soon as reasonably possible following receipt of exchange rate data from the Financial Service Provider by the BMRA, the BMRA shall publish the Settlement Exchange Rate on the BMRS.

  • For the purpose of defining when a determinate employee will be entitled to go the next salary increment, “cumulative” means all service, whether continuous or discontinuous within the core public administration at the same occupational group and level.

  • Settlement Exchange Rate Provisions: Not Applicable (i) Status of the Notes: Senior Status of the Guarantee: Senior Preferred Date Board approval for issuance of Notes and Guarantee respectively obtained:18 January 2023 and 23 November 2022, respectively.


More Definitions of Settlement Exchange Rate

Settlement Exchange Rate. : means the exchange rate recorded by the BMRS in accordance with Section V2.1.2; "Settlement Payment Date": means, in respect of a Settlement Day, the Payment Date in relation to an Initial Settlement Run; "Settlement Period": is defined in Annex X-2; "Settlement Risk": has the meaning given to that term in Section Z5.1.1(a); "Settlement Run": means a determination (in accordance with Section T), in relation to a Settlement Day, of amounts giving rise, on the part of Trading Parties and the NETSO, to a liability to pay to or a right to be paid by the BSC Clearer amounts in respect of Trading Charges in each Settlement Period in that Settlement Day, and of the net credit or debit in respect of such amounts; and where the context requires a reference to a Settlement Run includes the data and information produced by the SAA following such a determination and delivered to the FAA in accordance with Section N; "Settlement": means the determination and settlement of amounts payable in respect of Trading Charges (including Reconciliation Charges) in accordance with the Code (including where the context admits Volume Allocation); "Shared SVA Meter Arrangement": means an arrangement in accordance with Section K2.5.1 under which there is a single SVA Metering System, comprising Half Hourly Metering Equipment, for Exports or (as the case may be) Imports for which two or more Suppliers are responsible; "Shared SVA Metering System": means a SVA Metering System which is for the time being the subject of a Shared SVA Meter Arrangement; "Short Term Operating Reserve" or "STOR": means the balancing service procured by the NETSO as defined in the Procurement Guidelines; "Shortfall Amount": has the meaning given to that term in Section N9.2.3; "Shortfall Creditor": has the meaning given to that term in Section N9.2.2; "Significant Change of Demand" means the point at which, in respect of any Metering System, there is a change of Customer or change in activity at the Metering System such that the Registrant is of the reasonable opinion that such change shall result in the average of the maximum monthly electrical demand in the three months of highest maximum demand in the next twelve months not exceeding 100 kW; "Significant Code Review Conclusions": means the document published by the Authority containing its conclusions in respect of a Significant Code Review; "Significant Code Review Phase": has the meaning given to that term in the Transmission Licence;
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Settlement Exchange Rate. ’ means the exchange rate specified as such in the relevant Supplemental Listing Document;
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Related to Settlement Exchange Rate

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.