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.

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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 CME C▇ ▇▇▇▇▇▇ – Dollar Reference Rate – New York Variant.

Examples of Pricing Benchmark in a sentence

Multiply the value of the Pricing Benchmark by the aggregate number of HYPE owned by the Trust as of 4:00 p.m., Eastern Time, on the immediately preceding day.
Subtract the U.S. Dollar value of the HYPE to be distributed under pending Redemption Orders, determined by multiplying the number of Redemption Baskets represented by such Redemption Orders by the Basket Deposit and then multiplying such product by the Pricing Benchmark.
Subtract the U.S. Dollar value of the HYPE, as calculated using the Pricing Benchmark, constituting the Sponsor Fee, determined by multiplying the number of such HYPE by the Pricing Benchmark.
Add the U.S. Dollar value of HYPE, as calculated using the Pricing Benchmark, receivable under pending Creation Orders, if any, determined by multiplying the number of the Creation Baskets represented by such Creation Orders by the Basket Deposit and then multiplying such product by the Pricing Benchmark.
In the event that the Sponsor determines that the methodology used to determine the Pricing Benchmark is not an appropriate basis for valuation of the Trust’s HYPE, the Sponsor shall use an alternative methodology as determined in the Sponsor’s sole discretion.

More Definitions of Pricing Benchmark

Pricing Benchmark means the value benchmark agreed between the Borrower and the Lender to determine the corresponding loan rate, including but not limited to the following specific pricing benchmarks and other types of pricing benchmarks.

Pricing Benchmark means the CoinDesk Hedera USD CCIX 60min NY Rate, or such other benchmark or index as the Sponsor may designate from time to time.

Pricing Benchmark means the performance of the CF Dogecoin-Dollar US Settlement Price Index, adjusted for the Trust’s expenses and other liabilities.

Pricing Benchmark means CoinDesk Bitcoin Benchmark 4PM NY Settlement Rate administered by the Benchmark Provider.

Pricing Benchmark means the performance of the CF Polkadot-Dollar US Settlement Price Index.

Pricing Benchmark as used in this Article shall have the same meaning as the term “benchmark interest rate”.

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.