Hedging Disruption Event definition

Hedging Disruption Event means any event which, in the Issuer’s reasonable opinion, would make it illegal or commercially unfeasible for the Issuer to continue to hedge its obligations in relation to the Bond.

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Hedging Disruption Event means an event, circumstance or cause that a Commodity Contract

Hedging Disruption Event means, with respect to any Reference Share, the occurrence, as determined by the Calculation Agent, of a Hedging Disruption with respect to such Reference Share.

Examples of Hedging Disruption Event in a sentence

• The occurrence of a Hedging Disruption Event will constitute an Additional Termination Event under the Agreement permitting Bank to terminate the Transaction or any portion of the Transaction, with the Company as the sole Affected Party and the Transaction or such portion of the Transaction as the sole Affected Transaction.

• The occurrence of a Hedging Disruption Event will constitute an Additional Termination Event under the Agreement permitting Bank to terminate the Transaction, with the Company as the sole Affected Party and the Transaction as the sole Affected Transaction.

• The occurrence of either a Hedging Disruption Event or an Excess Borrow Cost Event shall constitute an Event of Default with respect to the portion of the Transaction affected by the Hedging Disruption Event or the Excess Borrow Cost Event, and the amount(s) payable, if any, by one or the other party will be determined by the Calculation Agent as if Counterparty is the Defaulting Party.

• Change in Law: Applicable Failure to Deliver: Not Applicable Insolvency Filing: Applicable Hedging Disruption Event: Applicable Increased Cost of Hedging: Not Applicable Loss of Stock Borrow: Applicable; Section 12.9(b)(iv) of the Equity Definitions is hereby amended by deleting the text from and including “(A)” to and including “(B)” and by deleting the words “in each case”.

• Please see “General Terms of Notes — Consequences of a Commodity Hedging Disruption Event —Acceleration of the Notes” in the accompanying product supplement no.

More Definitions of Hedging Disruption Event

Hedging Disruption Event means, with respect to any Reference Index, the occurrence, as determined by the Calculation Agent, of a Hedging Disruption for such Reference Index.

Hedging Disruption Event means any event determined by the Company where the Company and/or any of its Affiliates is unable, after using commercially reasonable efforts, to (a) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the price risk of issuing and performing its obligations with respect to the

Hedging Disruption Event means any event which, in the Deposit Taker’s reasonable opinion, would make it illegal or commercially unfeasible for the Deposit Taker to continue to hedge its obligations in relation to the Deposit.

Hedging Disruption Event means, with respect to a Reference Currency or the relevant Base Currency, the occurrence of a Hedging Disruption due to a Succession Event with respect to such Reference Currency or Base Currency.

Hedging Disruption Event means a FX Hedging Disruption Event or a Commodity Hedging

Hedging Disruption Event means that the Shares cease to be listed on or quoted by the Exchange, the Nasdaq Global Select Market, the Nasdaq Global Market or the American Stock Exchange for any reason (other than a Merger Event). If an Increase in Borrow Costs occurs, then by the Valuation Time on the day such event occurs, Party B shall:

Hedging Disruption Event means that, as determined by the Calculation Agent, the Issuer and/or the Hedge Provider is/are unable, after using commercially reasonable efforts, to (i) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it/they deem(s) necessary to hedge the price risk of the Issuer issuing and performing its obligations with respect to the Securities, or (ii) realise, recover or remit the proceeds of any such transaction(s) or asset(s). Such event may occur as a result of, but not limited to, the redemption, termination or cancellation, if applicable, of the Reference Underlyings for any reason (other than, if applicable, the exercise of the Reference Underlyings in accordance with their normal terms).