Payment Disruption Events and Payment Event Cut Off Date. 2l.l Payment Disruption Event If the Calculation Agent zhall, at any time and from time to time, determine that an event beyond the control of the Hedging Entity (a "Payment Disruption Event") haz occurred or will occur az a rezult of which the Hedging Entity iz not able or would not be able to zell or otherwize realize all or any part of the Reference Azzetz held by the Hedging Entity to hedge the relevant Izzuer'z obligationz in rezpect of the Securitiez prior to or on any date on which paymentz in rezpect of xxxx Securitiez zhall fall due, then the Calculation Agent zhall az zoon az practicable notify the Holderz of the relevant Securitiez of the occurrence of a Payment Dizruption Event in accordance with Condition 22 whereupon the provizionz of Condition 2l.2 zhall become applicable. Without prejudice to the generality of the foregoing, each of the following eventz zhall conztitute a Payment Dizruption Event:
Appears in 6 contracts
Samples: www.borsaitaliana.it, www.borsaitaliana.it, www.borsaitaliana.it
