Common Pricing definition
Common Pricing means, with respect to Notes linked to two or more Commodities and the related Commodity Reference Prices, if "Common Pricing" is specified as "Applicable" in the relevant Final Terms, then no date will be a Relevant Determination Date unless such date is a day for which all referenced Commodity Reference Prices (for which such date would otherwise be a Relevant Determination Date) are scheduled to be published or announced, as determined on the Trade Date of the Notes (any such date a “Scheduled Relevant Determination Date”). For the avoidance of doubt, if a Market Disruption Event occurs in respect of any Commodity Reference Price (the “Affected Commodity Reference Price”) on any such Scheduled Relevant Determination Date, the relevant Disruption Fallbacks will apply in respect of the Affected Commodity Reference Price only;
Common Pricing means that, no date will be a Pricing Date unless such date is a day on which all referenced Commodity Reference Prices (for which such date would otherwise be a Pricing Date) are scheduled to be published or announced, as determined on the Trade Date of the Notes as of the time of issue of the Note.]
Examples of Common Pricing in a sentence
Bidders can provide an alternative method of costing to cover any product and/or service not covered by Common Pricing Methodologies due to the projects or application’s specifications, conditions, and/or requirements.