Fallback Pricing Date definition
Fallback Pricing Date means, in respect of a Commodity Reference Price and any relevant date, each date specified in the applicable Final Terms as the Fallback Pricing Date in relation to such relevant date.
Fallback Pricing Date means, in respect of a Commodity or Commodity Index, the date(s) specified as such in the relevant Final Terms, or, if no date is specified for the Fallback Pricing Date in the relevant Final Terms, then the Fallback Pricing Date for any date on which the price of such Commodity or the level of such Commodity Index, as the case may be, is required to be determined shall be the second Business Day prior to the next following date upon which any payment or delivery of assets may have to be made by the Issuer by reference to the price of such Commodity or the level of such Commodity Index, as the case may be, on such day.