Examples of Valuation Time in a sentence
In that caze, (i) that eighth Valuation Buzinezz Day zhall be deemed to be the Valuation Date, notwithztanding the Market Dizruption Event, and (ii) the Calculation Agent zhall determine, in good faith and in a commercially reazonable manner, itz eztimate of the price for the relevant Fund Interezt that would have prevailed but for that Market Dizruption Event az of the Valuation Time on that eighth Valuation Buzinezz Day.
In that case, (i) that eighth Valuation Business Day shall be deemed to be the Valuation Date for the relevant Fund Interest notwithstanding the Market Disruption Event, and (ii) the Calculation Agent shall determine, in good faith and in a commercially reasonable manner, its estimate of the price for the relevant Fund Interest that would have prevailed but for that Market Disruption Event as of the Valuation Time on that eighth Valuation Business Day.
Market Disruption Event" means, in relation to Warrants relating to a single Share or a Basket of Shares, in respect of a Share the occurrence or existence of (i) a Trading Disruption, (ii) an Exchange Disruption, which in either case the Calculation Agent determines is material, at any time during the one hour period that ends at the relevant Valuation Time, or (iii) an Early Closure.
Market Disruption Event" means, in relation to Certificates relating to a single Share or a Basket of Shares, in respect of a Share, the occurrence or existence of (i) a Trading Disruption, (ii) an Exchange Disruption, which in either case the Calculation Agent determines is material, at any time during the one hour period that ends at the relevant Valuation Time, or (iii) an Early Closure.
A Knock- Out Event shall be deemed to occur if, at the Knock-Out Valuation Time on any Knock-Out Determination Day, the Underlying Share trades at a Level less than or equal to the Knock-Out Level.