Disruption Event means either or both of:
Disruption Event means any of the following events as determined in good faith by the Calculation Agent:
Disruption Event in respect of a Series of ETP Securities, means any event that causes a Valuation Date in respect of that Series to be a Disrupted Day.
Examples of Disruption Event in a sentence
Subject to Section 14.15(c), in connection with any request for a SOFR Loan or a conversion to or continuation thereof or otherwise, if a SOFR Disruption Event has occurred and is continuing, then, in each case, the Lenders shall promptly give notice thereof to the Borrower.
More Definitions of Disruption Event
Disruption Event means any of the following events (other than a Price Source Unavailability Event), as determined in good faith by the Calculation Agent:
Disruption Event means either or both of (a) a material disruption to those payment or communications systems or to those of financial markets which are, in each case, required to operate in order for payments to be made in connection with this Agreement (or otherwise in order for the transactions contemplated by the Loan Documents to be carried out) which disruption is not caused by, and is beyond the control of, any of the parties hereto; or (b) the occurrence of any other event which results in a disruption (of a technical of systems-related nature) to the treasury or payments operations of a party preventing that or any other party (i) from performing its payment obligations under the Loan Documents or (ii) from communicating with other parties in accordance with the terms of the Loan Documents.
Disruption Event means any of the following events with respect to a Basket Currency, as determined in good faith by the Calculation Agent:
Disruption Event means the occurrence of any of the following events: Price Source
Disruption Event means either or both of: (a) a material disruption to those payment or communications systems or to those financial markets which are, in each case, required to operate in order for payments to be made in connection with the lease of the Vessel (or otherwise in order for the transactions contemplated by the Transaction Documents to be carried out) which disruption is not caused by, and is beyond the control of, any of the Parties; and
Disruption Event. , in respect of Securities, means the occurrence of any of the following events:
Disruption Event for a Component Commodity means any of the following events, in each case as determined in good faith by the Calculation Agent: