Fallback provisions definition

Fallback provisions. ’ shall mean terms in
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Fallback provisions means terms in a contract, security or
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Fallback provisions means terms in a contract, security, or instrument that set forth a methodology or procedure for determining a benchmark replacement, including any terms relating to the date on which the benchmark replacement becomes effective, without regard to whether a benchmark replacement can be determined in accordance with such methodology or procedure.
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More Definitions of Fallback provisions

Fallback provisions means terms in a contract, security or instrument that set forth a methodology or procedure for determining a Benchmark Replacement, including any terms relating to the date on which the Benchmark Replacement becomes
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Fallback provisions means terms in a contract, security, or
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Fallback provisions. ’ shall mean terms in a LIBOR Contract for determining a Benchmark Replacement, including any terms relating to the date on which the Benchmark Replacement becomes effective.
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Related to Fallback provisions

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • substantive provisions , in relation to an old Act, means the provisions of the old Act other than those dealing with matters dealt with in the Taxation Administration Act 2003.

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Fallback Rate means, where a Permanent Discontinuation Trigger for an Applicable Benchmark Rate has occurred, the rate that applies to replace that Applicable Benchmark Rate in accordance with Condition 5.3(b)(i)(B);