Valuation Postponement means that the Reference Rate will be determined on the Fixing Business Day first succeeding the day on which the Price Source Disruption Event ceases to exist, unless the Price Source Disruption Event continues to exist (measured from the date that, but for the occurrence of the Price Source Disruption Event, would have been the Rate Fixing Date) for a consecutive number of calendar days equal to the Maximum Days of Postponement. In such event, the Reference Rate will be determined on the next Fixing Business Day after the Maximum Days of Postponement (which will, subject to the provisions relating to Fallback Survey Valuation Postponement, be deemed to be the applicable Rate Fixing Date) in accordance with the next applicable Price Source Disruption Event Fallback.
Valuation Postponement means, for purposes of obtaining the Reference Rate, that the Reference Rate will be determined by the Calculation Agent on the Valuation Business Day first succeeding the day on which the Price Source Disruption Event ceases to exist, unless the Price Source Disruption Event continues to exist (measured from the date, that, but for the occurrence of the Price Source Disruption Event, would have been the Scheduled Reference Rate Fixing Date) for a consecutive number of calendar days equal to the Maximum Days of Postponement. In such event, the Reference Rate will be determined on the next Valuation Business Day after the Maximum Days of Postponement in accordance with the Calculation Agent Determination of Reference Rate.
Valuation Postponement. “Valuation Postponement” means, for purposes of obtaining a Settlement Rate, that for Price Source Disruption: the Spot Rate will be determined on the Business Day first succeeding the day on
Examples of Valuation Postponement in a sentence
References to "Business Day", "Calculation Agent", "Currency Pair", "Disruption Fallback", "Notional Amount", "Reference Currency", "Settlement Currency", "Settlement Currency Amount", "Settlement Date", "Settlement Rate", "Settlement Rate Option", "Trade Date", "Valuation Date", and "Valuation Postponement" shall have the meanings given to them in the FCM ForexClear Contract Terms.
If Valuation Postponement applies, the FCM ForexClear Contract is valued using the current forward price to (and including) the date on which the Settlement Rate is determined in accordance with the ForexClear Contract Terms.
If Valuation Postponement applies, the ForexClear NDF Contract is valued using the current forward price (based on the data submitted by FXCCMs, in accordance with Section 1.4.2 (Market Data Sources and Frequencies) to (and including) the date on which the Settlement Rate is determined in accordance with the ForexClear NDF Contract Terms.
If Valuation Postponement applies, the ForexClear Non-Deliverable Contract is valued using the current forward price (based on the data submitted by FXCCMs, in accordance with Section 1.4.2 (Market Data Sources and Frequencies) to (and including) the date on which the Settlement Rate is determined in accordance with the relevant ForexClear Contract Terms.
Valuation Postponement means, in the event that the Spot Rate is not available on or before the first Payment Business Day (or day that would have been a Payment Business Day but for an Unscheduled Holiday) succeeding the day on which the Price Source Disruption occurs, the Spot Rate will be determined by the Issuer in its sole and absolute discretion acting in good faith and in a commercially reasonable manner on such day.
More Definitions of Valuation Postponement
Valuation Postponement means, for purposes of obtaining a Settlement Rate, that the Spot Rate will be determined on the Business Day first succeeding the day on which the Price Source Disruption ceases to exist, unless the Price Source Disruption continues to exist (measured from the date, that, but for the occurrence of the Price Source Disruption, would have been the Valuation Date) for a consecutive number of calendar days equal to the Maximum Days of Postponement. In such event, the Spot Rate will be determined on the next Business Day after the Maximum Days of Postponement in accordance with the next applicable Disruption Fallback.
Valuation Postponement means, for purposes of obtaining a Settlement Rate, that the Spot Rate will be determined on the Business Day first succeeding the day on which the Price Source Disruption ceases to exist, unless the Price Source Disruption continues to exist (measured from the date that, but for the occurrence of the Price Source Disruption, would have been the Valuation Date) for a consecutive number of calendar days equal to the Maximum Days of Postponement. In such event, the Spot Rate will be determined on the next Business Day after the Maximum Days of Postponement in accordance with the next applicable Disruption Fallback.
Valuation Postponement means that the Reference Rate will be determined on the Fixing Business Day first succeeding the day on which the Price Source Disruption ceases to exist, unless the Price Source Disruption continues to exist (measured from the date that,
Valuation Postponement means that the Settlement Exchange Rate, shall be determined on the immediately succeeding SER Scheduled Trading Day which is not a SER Disrupted Day unless the Calculation Agent determines that no such SER Scheduled Trading Day which is not a SER Disrupted Day has occurred on or before the day falling the SER Maximum Days of Postponement following the originally designated SER Valuation Date, as the case may be. In such event, the Settlement Exchange Rate shall be determined on the next SER Scheduled Trading Day after the SER Maximum Days of Postponement (notwithstanding the fact that day may be a SER Disrupted Day) in accordance with the next applicable SER Disruption Fallback. ANNEX 2ADDITIONAL TERMS AND CONDITIONS FOR INDEX LINKED WARRANTSIf specified as applicable in the Issue Terms, the terms and conditions applicable to Index Linked Warrants shall comprise the General Conditions and the additional terms and conditions for Index Linked Warrants set out below (the “Index Linked Conditions”), together with the terms and conditions as set out in each other Annex which is specified as applicable in the Issue Terms and subject to completion in the Issue Terms. In the event of any inconsistency between the General Conditions and the Index Linked Conditions, the Index Linked Conditions shall prevail. In the event of any inconsistency between the Index Linked Conditions and the Payout Conditions, the Payout Conditions shall prevail.
Valuation Postponement. “Valuation Postponement” means, for purposes of obtaining a Settlement
Valuation Postponement means, for purposes of determining a Reference Rate, that the reference rate will be determined on the Valuation Business Day first succeeding the day on which the Price Source Disruption ceases to exist, unless the Price Source Disruption continues to exist (measured from the relevant Valuation Date or the Scheduled Final Valuation Date) for a consecutive number of 14 calendar days (“Maximum Days of Postponement”), and in such event, the final reference rate will be determined on the next Valuation Business Day after the Maximum Days of Postponement by the Calculation Agent acting in good faith and in a commercially reasonable manner, taking into consideration all available information that in good faith it deems relevant (“Calculation Agent Determination of Reference Rate”). Notwithstanding anything herein to the contrary, in no event shall the total number of consecutive calendar days during which either (i) valuation is deferred due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall occur (or any combination of (i) and (ii)), exceed the Maximum Days of Postponement in the aggregate. Accordingly, upon the lapse of the Maximum Days of Postponement, Calculation Agent Determination of Reference Rate will apply.
Valuation Postponement means, in respect of an FX Rate and a Specified Valuation Date, that if the relevant Disruption Event is (i) a Price Source Disruption, the Underlying Closing Level will be determined on the Reference Currency Business Day first succeeding the day on which the Price Source Disruption ceases to exist unless, subject to the provisions of FX Rate Condition 6(d) (Cut-off Valuation Date for cumulative events) below, the Price Source Disruption continues to exist (measured from the date that, but for the occurrence of the Price Source Disruption, would have been the Valuation Date) for the number of Maximum Days of Postponement. In such event, the FX Rate will be determined on the next Reference Currency Business Day after the day falling the Maximum Days of Postponement (and such date shallbe deemed to be the Valuation Date) in accordance with the provisions set out in the next applicable Disruption Fallback or (ii) if the relevant Disruption Event is a Price Materiality, the FX Rate will be determined in accordance with the provisions set out in the next applicable Disruption Fallback. 2. Valuation