Substitute Value definition

Substitute Value means an index level that is determined by the Determination Agent in its reasonable discretion (billiges Ermessen, §317 BGB).
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Substitute Value means an index level that is determined by the Determination Agent in its reasonable discretion (billiges Ermessen, §317 BGB).(3) Correction of the Index. In the event that the value of the Index published on the Exchange or Related Exchange or by the Index Administrator and which is utilised for any calculation or determination made in relation to the Securities subsequently corrected and the correction is published by the Exchange or the Index Administrator before the Maturity Date, the Determination Agent will determine the amount that is payable or deliverable as a result of that correction, and, to the extent necessary, will adjust the terms of such transaction to account for such correction and will notify the Holders accordingly pursuant to §12.(4) Disrupted Days. If the Determination Agent in its reasonable discretion by taking into consideration the relevant capital market practice and by acting in good faith determines that the Valuation Date is a Disrupted Day or not a Scheduled Trading Day, then the Valuation Date shall be the first succeeding Scheduled Trading Day that the Determination Agent determines is not a Disrupted Day, unless the Determination Agent determines that each of the five Scheduled Trading Days immediately following the original date is a Disrupted Day. In that case and for the purpose of determining the Redemption Amount:
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Substitute Value means an index level that is determined by the Determination Agent in its reasonable discretion (billiges Ermessen,§ 317 BGB). "Ersatzwert" einen Stand des Index bezeich- net, den die Festlegungsstelle nach billigem Ermessen (§ 317 BGB) bestimmt. "Index Adjustment Event" means, in respect of an Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disrup- tion or an Index Modification. "Indexanpassungsereignis" in Bezug auf einen Index ein Administrator-/Benchmark- Ereignis, eine Einstellung des Index, eine Un- terbrechung des Index oder eine Veränderung des Index bezeichnet. "Relevant Benchmark" means the Index, the Reference Rate and any other index, bench- mark or price source by reference to which interest, principal or other amounts payable under the Securities is calculated. "Maßgebliche Benchmark" bezeichnet den Index, den Referenzsatz sowie jeden anderen Index, Benchmark oder Preisquelle auf die für die Berechnung der Verzinsung, der Rückzah- lung oder sonstigen unter den Wertpapierenzahlbaren Beträge Bezug genommen wird.
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Examples of Substitute Value in a sentence

  • Falls die Emittentin auf diese Weise festlegt, dass die Wertpapiere gekündigt werden, wird die Emittentin den Gläubiger gemäß §12 innerhalb einer Frist von nichtreasonable discretion (billiges Ermessen, §317 BGB), considers appropriate, if any, to the formula for determining the Redemption Amount or the Substitute Value and any other variable relevant to the settlement or payment terms of the Securities, which change or adjustment shall be effective on such date as the Determination Agent shall determine.

  • Examples: CR102980 or vendor invoice number for Check Requests, MR00023 for mileage reimbursements, PD00213 for Per Diem / Travel reimbursements, RS20053 for Recycled Substitute Value Program and CC101026 for Credit Card Issuance.

  • Barriers to implementing program activities are also likely factors contributing to unexpected negative consequences.


More Definitions of Substitute Value

Substitute Value means an index level thatis determined by the Determination Agent in its "Ersatzwert" einen Stand des Index bezeich-net, den die Festlegungsstelle nach billigem
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Related to Substitute Value

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • 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.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.