Pricing Benchmark definition

Pricing Benchmark means, with respect to a particular grade of Crude Oil or type of Product, the pricing index, formula or benchmark indicated on Schedule B.

Pricing Benchmark means the [insert relevant currency] denominated benchmark debt security of [insert relevant issuer] used for pricing the Notes, being the [insert description of the relevant pricing benchmark] (ISIN [insert ISIN of the relevant benchmark debt security]).

Pricing Benchmark means the euro denominated benchmark debt security of the Federal Republic of Germany used for pricing the Notes, being the 0.000 per cent. Bund due 8 October 2021 (ISIN DE0001141745).

Examples of Pricing Benchmark in a sentence

• The average trading price of A Shares in the 20 Shanghai Trading Days prior to the Pricing Benchmark Date = the total trading value of A Shares in the 20 Shanghai Trading Days prior to the Pricing Benchmark Date/the total trading volume of A Shares in the 20 Shanghai Trading Days prior to the Pricing Benchmark Date.

• Issue price and adjustment In accordance with applicable laws and regulations and based on the negotiations between the parties, the issue price of the Consideration Shares shall be RMB30.80 per Consideration Share, representing 90% of the average of the trading prices of the A Shares for the last 20 trading days prior to the Pricing Benchmark Date (rounded up to the nearest two decimal points).

• Pricing basis and issue price The Pricing Benchmark Date for Consideration Shares is the date of the announcement on the resolutions relating to the Proposed Acquisition passed at the fifth extraordinary meeting of the tenth session of the Board convened by the Company.

• The PSDH tariff is determined by the GOI, through the Minister of Forestry Regulation No. P.68/Menhut-II/2014, on ‘the Pricing Benchmark to Determine PSDH Fee of Forest Products, the Compensation Cost for Stumpage and the Stumpage Exchange Value’.

• The issue price of shares under the non-public issuance will be RMB5.08 per share, which is not lower than 80% of the average trading price of shares 20 trading days prior to the Pricing Benchmark Date.

• The number of A Shares to be issued will be adjusted accordingly if there occurs any ex-right or ex-dividend event (such as distribution of dividend, bonus issue, or capitalisation of capital reserves) between the Pricing Benchmark Date and the Issue Date.

• The Pricing Benchmark Date for this Non-public Issuance of A shares is the first day of the offering period.

• The average trading price of shares 20 trading days prior to the Pricing Benchmark Date equals to the total trading amount of shares traded 20 trading days prior to the Pricing Benchmark Date, divided by the total trading volume of shares 20 trading days prior to the Pricing Benchmark Date.

• The subscription price shall be the higher of 80% of the average trading price of the shares in the 20 trading days prior to the Pricing Benchmark Date of the Company and the latest audited net asset per share attributable to the holders of ordinary shares of the parent company.

• The above issue price will be adjusted accordingly if any ex-right or ex-dividend event occurs between the Pricing Benchmark Date and the date of issue, including distribution of dividend, scrip issue or capitalization of reserves.

More Definitions of Pricing Benchmark

Pricing Benchmark means with respect to any Advance Date, the Three Year USD mid-market swap rate as mutually agreed by the Servicer and the Noteholders at 11:00 A.M. New York City time on the Business Day immediately preceding such Advance Date.

Pricing Benchmark means the value benchmark to which the Borrower and the Lender may choose to apply to the corresponding loan interest rate, including, but not limited to, the following specific pricing benchmarks and other types of pricing benchmarks.

Pricing Benchmark means the value benchmark to which the Borrower and the Lender may choose to apply to the corresponding loan interest rate, including, but not limited to, the following specific pricing benchmarks and other types of pricing benchmarks. “Loan Market quoted interest Rate (LPR)” refers to the loan market quoted interest rate applicable to RMB loans issued by the National Interbank Lending Center on the 20th day of each month (postponed in case of holidays).

Pricing Benchmark has the meaning specified in the Supply and Offtake Agreement.

Pricing Benchmark means with respect to any Advance Date, the Three Year USD mid market swap rate as mutually agreed by the Servicer and the Noteholders at 11:00 A.M. New York City time on the Business Day immediately preceding such Advance Date.yield determined by the Issuer in accordance with the following two paragraphs. The Pricing Benchmark shall be determined by the Issuer after 4:15 p.m., New York City time (or after such time as yields on U.S. government securities are posted daily by the Board of Governors of the Federal Reserve System), on the third business day immediately preceding the Advance Date based upon the yield for the most recent day that appears after such time on such day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected Interest Rates (Daily) - H.15” (or any successor designation or publication) (“H.15”) under the caption “U.S. government securities–Treasury constant maturities–Nominal” (or any successor caption or heading) (“H.15 TCM”). In determining the Pricing Benchmark, the Issuer shall select the yield for the Treasury constant maturity 3-year on H.15.