Current Reference definition
Current Reference. Instrument" means the Initial Reference Instrument from the Index Start Date until the first Rollover Date. Once the Index Closing Value on the first Rollover Date has been calculated and determined, this Reference Instrument loses its validity and is replaced by the Reference Instrument contract for the Contract Months specified above next falling due on the Reference Exchange. On each subsequent Rollover Date, following the calculation and determi- nation of the Index Closing Value, the Current Reference Instrument is replaced in turn by the Reference Instrument contract falling due on the Reference Exchange in the next following Contract Month (respectively a "Rollover").
Current Reference. Instrument" means the fåáíá~ä oÉÑÉêÉåÅÉ fåëíêìãÉåí from the ▇▇▇▇▇ pí~êí a~íÉ until the first oçääçîÉê a~íÉ. Once the ▇▇▇▇▇ `äçëáåÖ s~äìÉ on the first oçääçîÉê a~íÉ has been calculated and determined, this oÉÑÉêÉåÅÉ fåëíêìãÉåí loses its validity and is replaced by the oÉÑÉêÉåÅÉ fåëíêìãÉåí contract for the `çåíê~Åí jçåíÜë specified above next falling due on the oÉÑÉêÉåÅÉ bñÅÜ~åÖÉ. On each subsequent oçääçîÉê a~íÉ, following the calculation and determi- nation of the ▇▇▇▇▇ `äçëáåÖ s~äìÉ, the `ìêêÉåí oÉÑÉêÉåÅÉ fåëíêìãÉåí is replaced in turn by the oÉÑÉêÉåÅÉ fåëíêìãÉåí contract falling due on the oÉÑÉêÉåÅÉ bñÅÜ~åÖÉ in the next following `çåíê~Åí jçåíÜ (respectively a "Rollover").
Current Reference means a reference dated within one (1) year of the time of application for employment with agency.
Examples of Current Reference in a sentence
If the reference cost is less than or equal to 95% of the base cost, then Adjustment = (Current Reference Cost – (0.95 x Base Cost)) x (Q x 0.056).
If the reference cost is greater than or equal to 105% of the base cost, then Adjustment = (Current Reference Cost – (1.05 x Base Cost)) x (Q x 0.056).
More Definitions of Current Reference
Current Reference. Instrument" means the Iuitial Refereuce Iustrumeut from the Iudex Start Date until the first Rollover Date. Once the Iudex Closiuφ Value on the first Rollover Date has been calculated and determined, this Refereuce Iustrumeut loses its validity and is replaced by the Refereuce Iustrumeut contract for the Coutract Mouths specified above next falling due on the Refereuce Exchauφe. On each subsequent Rollover Date, following the calculation and determi- nation of the Iudex Closiuφ Value, the Curreut Refereuce Iustrumeut is replaced in turn by the Refereuce Iustrumeut contract falling due on the Refereuce Exchauφe in the next following Coutract Mouth (respectively a "Rollover").
Current Reference. Instrument" means the Initial Reference Instrument from the Index Start Date until the first Rollover Date. Once the Index Closing Value on the first Rollover Date has been calculated and determined, this Reference Instrument loses its validity and is replaced by the Reference Instrument contract for the Contract Months specified above next falling due on the Reference Exchange. On each subsequent Rollover Date, following the calculation and determi- nation of the Index Closing Value, the Current Reference Instrument is replaced in turn by the Reference Instrument contract falling due on the Reference Exchange in the next following Contract Month (respectively a "Rollover"). Each Rollover is published by the Index Calculation Agent in accordance with section E).