Trading Suspension or Limitation means the suspension of and/or limitation of trading in the cur- rencies required to calculate the relevant Foreign Exchange Rate in the Interbank Market provided that such suspension or limitation of trading is material in the opinion of the Calculation Agent.
Trading Suspension or Limitation means, in relation to an FX Rate, the suspension of and/or limitation of trading in the rate(s) required to calculate the relevant Currency Price or any other relevant level or value, as the case may be (which may be, without limitation, rates quoted on any over-the-counter or quotation-based market, whether regulated or unregulated), provided that such suspension or limitation of trading is material in the opinion of the Calculation Agent.
Trading Suspension or Limitation means the suspension or limitation of trading in the relevant Futures Contract or the relevant Bullion on the relevant Exchange or in any additional futures contract, options contract or bullion on any exchange or principal trading market as specified in the relevant Confirmation if, in any such case, such suspension or limitation is, in the determination of the Calculation Agent, material.
Examples of Trading Suspension or Limitation in a sentence
FX Market Disruption Event means, in relation to a Reference Exchange Rate, the occurrence or existence, as determined by the Calculation Agent in its sole and absolute discretion, of any FX Price Source Disruption and/or any FX Trading Suspension or Limitation and/or, if Currency Disruption Event is specified as applicable in the Structured Note Supplement, any Currency Disruption Event and/or any other event specified as such in the applicable Structured Note Supplement.
More Definitions of Trading Suspension or Limitation
Trading Suspension or Limitation means, in respect of a Commodity, the material suspension or limitation of trading in the relevant futures contract or the relevant Commodity on the London Metal Exchange (in respect of LOAHDY Cmdty, LOCADY Cmdty or LOZSDY Cmdty).
Trading Suspension or Limitation means, in respect of an FX Rate and a Valuation Date and as determined by the Calculation Agent, the suspension of and/or limitation of trading in the rate(s) required to calculate such FX Rate (which may be, without limitation, rates quoted on any over-the-counter or quotation-based market, whether regulated or unregulated) for such Valuation Date PROVIDED THAT such suspension or limitation of trading is material in the opinion of the Calculation Agent. 4. Additional Adjustment EventsThe following Additional Adjustment Event shall apply in respect of an FX Rate if FX Rate Part A Condition 4 is specified as applicable in the applicable Issue Terms: after the Trade Date and on or before any relevant payment date, a relevant country has lawfully eliminated, converted, redenominated, or exchanged its currency in effect on the Issue Date or any lawful successor currency thereto (the "Successor Currency"), as the case may be (the "Original Currency"), for a Successor Currency. 5. Additional Early Redemption Events No Additional Early Redemption Events shall apply in respect of FX Rates. 6. Additional Provisions