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

Examples of Hedging Disruption Event in a sentence

  • The Calculation Agent determines that a Hedging Disruption Event has occurred in relation to any Constituent or Eligible Constituent.


More Definitions of Hedging Disruption Event

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 any Reference Share, the occurrence, as determined by the Calculation Agent, of a Hedging Disruption with respect to such Reference Share.
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 a FX Hedging Disruption Event or a Commodity HedgingDisruption Event
Hedging Disruption Event means an event, circumstance or cause that a Commodity ContractCounterparty reasonably and in good faith determines has had or would reasonably be expected to have a materially adverse effect on that Commodity Contract Counterparty’s ability to hedge its positions in connection with the relevant Facility Agreement or Commodity Contracts of the relevant class, including, without limitation, any limitation or prohibition associated with acquiring, establishing, re-establishing, substituting, maintaining, unwinding or disposing of any hedging transaction in connection with the relevant Facility Agreement or such Commodity Contracts, in each case whether due to market illiquidity, position limits in respect of any futures contract, illegality, the adoption of or change in any law or other regulatory instrument, lack of availability of hedging transaction market participants or the occurrence or existence of any other circumstance or event
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).