Price Materiality definition

Price Materiality means the Calculation Agent has determined that the Conversion Rate differs from the Fallback Conversion Rate by the Price Materiality Threshold Percentage or more (provided that if the Calculation Agent is unable to determine the Fallback Conversion Rate, the Calculation Agent may determine in its sole discretion whether a Price Materiality has occurred).
Price Materiality means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage.
Price Materiality means that, in the determination of the Calculation Agent, the SER Primary Rate differs from any SER Secondary Rate by at least the SER Price Materiality Percentage or if there are insufficient responses on the relevant SER Valuation Date to any survey used to calculate any such rate, then the SER Price Materiality Percentage will be deemed to be met.

Examples of Price Materiality in a sentence

  • Price Materiality Percentage: 3%, provided however, that if there are insufficient responses on the Valuation Date to the EMTA BRL Industry Survey or the EMTA BRL Indicative Survey, as the case may be, the Price Materiality Percentage will also be deemed to have been met.

  • Price Materiality Percentage: 3%, provided, however, that if there are insufficient responses on the Valuation Date to the EMTA BRL Industry Survey or the EMTA BRL Indicative Survey, as the case may be, the Price Materiality Percentage will also be deemed to have been met.

  • Disruption Events and Fallbacks: Disruption Events: Price Source Disruption: Applicable Price Materiality: Applicable Primary Rate: BRL PTAX (BRL09) Secondary Rate: EMTA BRL Industry Survey Rate (BRLI2), or EMTA BRL Indicative Survey Rate (BRL 13), as the case may be.

  • Price Source Disruption: Applicable Price Materiality: Applicable Primary Rate: BRL09 Secondary Rate: EMTA BRL Industry Survey Rate (BRL 12), or EMTA BRL Indicative Survey Rate (BRL 13), as the case may be.


More Definitions of Price Materiality

Price Materiality means the Calculation Agent determines that, with respect to a Reference Currency, the Settlement Rate Option materially differs from any quote obtained by the Calculation Agent on the currency markets;
Price Materiality means, in respect of a BRL Valuation Date, that the EMTA BRL Industry Survey Rate is available on such date and that the BRL-PTAX Rate differs from the EMTA BRL Industry Survey Rate by more than 3 per cent.
Price Materiality means, in respect of a CLP Valuation Date, that the “EMTA CLP INDICATIVE SURVEY
Price Materiality means that, with respect to any Reference Currency, the Settlement Rate Option differs from any quote obtained by the Calculation Agent on the currency markets by at least the Price Materiality Percentage specified in the Final Terms.
Price Materiality means, in respect of any relevant day (and a Price Materiality shall be deemed to have occurred if), the EMTA BRL Industry Survey Rate is available on such day but differs from the USD/BRL FX Rate by more than 3.00 per cent., provided that if there are insufficient responses on such day for the EMTA BRL Industry Survey Methodology (as defined in "EMTA BRL Industry Survey Rate" above), a Price Materiality shall also be deemed to have occurred.
Price Materiality means, in respect of the BRL Valuation Date, that the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage.
Price Materiality means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage, as determined by the Calculation Agent.