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.
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, 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;
Examples of FX Disruption Event in a sentence
FX Disruption Event Cut-off Date (General Instrument Condition 2(a)): Default FX Disruption Event Cut-off Date.
FX Disruption Event is applicable to the Instruments − General Instrument Condition 16 and FX Linked Condition 4 shall apply.
FX Disruption Event is applicable to the Instruments, General Instrument Condition 14 and FX Linked Condition 4 shall apply.
FX Disruption Event Cut-off Date (General Note Condition 2(a)): Default FX Disruption Event Cut-off Date.
FX Disruption Event is applicable to the Instruments, General Instrument Condition 16 and FX Linked Condition 4 shall apply.
More Definitions of FX Disruption Event
FX Disruption Event means the occurrence of an event that makes it impossible through legal channels for the Issuer or its affiliates to either:
FX Disruption Event means, as determined by Eurex Clearing AG,
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 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 in FX Linked Condition 2 shall mean any one or more of (i) People's Republic of China (excluding Hong Kong), (ii) Hong Kong or (iii) the United States of America, as is appropriate when applying such definition of "FX Disruption Event" in respect of the Warrants, as determined by the Calculation Agent in good faith and in a commercially reasonable manner (in particular, taking into consideration the applicable Reference Currency and Settlement Currency).
FX Disruption Event means (i) an event that generally makes it illegal, impossible, impractical or inadvisable to convert 1 (one) unit of the Denomination Currency into the Settlement Currency, or an event that generally makes it impossible to deliver the Settlement Currency from accounts in which they are held to accounts outside of the jurisdiction of the Denomination Currency; (ii) the general unavailability to exchange the Settlement Currency at a spot rate (applicable to the purchase of the Settlement Currency for the Denomination Currency) in any legal currency exchange market in the principal financial centre for the Denomination Currency, if, in the determination of the Calculation Agent, the occurrence of any such events is material; or (iii) the government of a relevant Constituent gives public notice of its intention to impose any capital controls which the Calculation Agent determines in good faith are likely to materially affectthe Issuer’s ability to hedge its position under the Product.