FX Disruption Event definition

FX Disruption Event. ' means the occurrence of any event on any day or any number of consecutive days as determined by the Calculation Agent in its sole and reasonable discretion that affects the Issuer’s currency hedging (if any) with respect to the Products.

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FX Disruption Event means the occurrence, as determined by the Calculation Agent, of (i) (a) an Inconvertibility, (b) Non-transferability, (c) Illiquidity or (d) any other event affecting the Denomination Currency, Cross Currency, Reference Currency, Settlement Currency or Specified Currency (as applicable) (the "FX Disruption Relevant Currency") which would make it unlawful or impractical in whole or in part (including without limitation, as a result of compliance with any applicable present or future law, rule, regulation, judgment, order or directive or with any requirement or request of any governmental, administrative, legislative or judicial power) for the Issuer (or the Issuer's affiliate) to pay or receive amounts in the FX Disruption Relevant Currency under or in respect of any hedging arrangement relating to or connected with the FX Disruption Relevant Currency; or (ii) if Offshore RMB is specified as the applicable FX Disruption Relevant Currency, each of the events specified in (i) above, plus an Offshore RMB Disruption;

FX Disruption Event means the occurrence of an event that makes it impossible through legal channels for the Issuer or its affiliates to either:

Examples of FX Disruption Event in a sentence

• If an FX Disruption Event (as defined below) has occurred and is continuing on the Postponed Final Fixing Date (including any Final Fixing Date postponed due to a prior FX Disruption Event), then the Postponed Final Fixing Date shall be further postponed until the first Business Day following the date on which such FX Disruption Event ceases to exist, or to a date as reason- ably determined by the Calculation Agent.

• If any specified currency disruption event has occurred which is material to our payment obligations under the Securities, then [If FX Disruption Event applies, insert: the forthcoming payment date shall be postponed.

• If a FX Disruption Event occurs on any day between the Valuation Date or the Early Termination Date (as the case may be) and the Cash Settlement Payment Date, the Cash Settlement Payment Date shall be delayed to the first Currency Business Day on which there is no FX Disruption Event.

• If any specified currency disruption event has occurred which is material to our payment obligations under the Securities (including its hedge position), then [If FX Disruption Event applies, insert: the forthcoming payment date shall be postponed.

More Definitions of FX Disruption Event

FX Disruption Event means, as determined by Eurex Clearing AG,

FX Disruption Event means (i) an event that generally makes it illegal, impossible or inadvisable to convert one unit of any Denomination Currency into ZAR, or an event that generally makes it impossible to deliver ZAR to accounts outside South Africa; or (ii) that it is generally not possible to exchange ZAR for any Denomination Currency at a spot rate in any legal exchange market in the principal financial centre for the relevant Denomination Currency.

FX Disruption Event means the occurrence or existence of any of the following events:

FX Disruption Event means (i) an FX Inconvertibility Event, (ii) a Market Disruption Event, or (iii) if fewer than three quotations are provided by the Reference Market Dealers to the Calculation Agent pursuant to the definition of "Fixing Rate" in paragraph 2.4 of this Part C, in each case, as determined by the Calculation Agent.

FX Disruption Event has the meaning given in General Terms and Conditions 16. "FX Establishment Date" has the meaning given in General Terms and Conditions 16. "FX Rate" has the meaning given in General Terms and Conditions 16.

FX Disruption Event means either: (A) an event, as determined by the Calculation Agent in its sole discretion and in good faith, that occurs and is continuing on any business day in The People's Republic of China ("PRC") (the "Event Currency Jurisdiction") with respect to CNY (the "Event Currency") that has theeffect of preventing or delaying the Issuer or any of its affiliates or nominees directly or indirectly from:

FX Disruption Event means, as determined in the reasonable discretion of the Issuer, the occurrence of an event that is likely to make it impossible and/or impracticable for the Issuer and/or Product Calculation Agent to, or otherwise materially affects the ability of the Issuer and/or Product Calculation Agent to: