Hedge Disruption Event definition

Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations under the terms of the Hedging Arrangements (if any).
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Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations under the terms of any transaction entered into by the Issuer and/or any such Affiliate to hedge the obligations or position of the Issuer in respect of the Notes.
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Hedge Disruption Event means the Issuer and/or any of its Affiliates has not received the relevant Deliverable Obligations and/or cash under the terms of a Hedge Transaction.
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Examples of Hedge Disruption Event in a sentence

  • Extraordinary Hedge Disruption Event (General Condition 17):Applicable Extraordinary Hedge Sanctions Event: Applicable Extraordinary Hedge Bail-in Event: ApplicableExtraordinary Hedge Currency Disruption Event:Applicable 53.

  • See Risk Factor 5.4 (Where applicable, the Securities may be redeemed or terminated (as applicable) prior to their scheduled maturity due to the occurrence of an Extraordinary Hedge Disruption Event) below.

  • Extraordinary Hedge Disruption Event (General Condition 17): Not Applicable 57.

  • On early redemption or termination, as applicable, of the Securities following the occurrence of an Extraordinary Hedge Disruption Event, you will receive the 'Early Payment Amount' in full and final settlement of the Securities.

  • Extraordinary Hedge Disruption Event (General Condition 17):Applicable(i) Extraordinary Hedge Sanctions Event:Applicable (ii) Extraordinary Hedge Bail-in Event:Applicable (iii) Extraordinary Hedge Currency Disruption Event:Applicable 56.

  • Holders of Claims or Interests may also obtain a copy of the Plan Supplements on the Debtors’ case information website (located at www.frontier-restructuring.com) or the Bankruptcy Court’s website (located at www.nysb.uscourts.gov).

  • Where Physical Settlement is the applicable Settlement Method, if as a result of a Hedge Disruption Event, the Issuer and/or any of its affiliates have not received the Deliverable Obligations and/or cash under the terms of a Hedge Transaction, such event will not constitute an Event of Default for the purposes of the Notes.

  • Extraordinary Hedge Disruption Event (General Condition 17):Applicable Extraordinary Hedge Sanctions Event: Applicable Extraordinary Hedge Bail-in Event: ApplicableExtraordinary Hedge Currency Disruption Event:Applicable 56.

  • Extraordinary Hedge Disruption Event (General Condition 17):Not Applicable(i) Extraordinary Hedge Sanctions Event: (ii) Extraordinary Hedge Bail-in Event: (iii) Extraordinary Hedge Currency Disruption Event: 56.

  • Extraordinary Hedge Disruption Event (General Condition 17):Not Applicable 56.


More Definitions of Hedge Disruption Event

Hedge Disruption Event means the Counterparty and/or any of its Affiliates has not received the relevant Deliverable Obligations and/or cash under the terms of any transaction or trading position (a "Hedge Transaction") entered into or held by the Counterparty and/or any of its Affiliates to hedge, directly or indirectly, the Counterparty’s obligations or positions (whether in whole or in part) in respect of the Swap Agreement.
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Hedge Disruption Event means in the opinion of the Calculation Agent any event as a result of which the Issuer and/or any of its Affiliates and/or its agents has not received the relevant Deliverable Obligations under the terms of any transaction and/or trading position entered into by the Issuer and/or such Affiliate and/or its agents to hedge directly or indirectly and whether in whole or in part the Issuer’s obligations or position in respect of the Notes.
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Hedge Disruption Event means, as determined by the Calculation Agent, the inability or impracticality on any day, due to market illiquidity, Illegality (as defined in the ISDA Master Agreement, but with respect to the Purchaser's hedging activities relating to any Note), lack of hedging transactions, lack of credit worthy market participants or otherwise, of the Purchaser or an affiliate of the Purchaser to establish, re-establish or maintain any transactions necessary or advisable to hedge, directly or indirectly, the equity price risk of holding the Notes on terms deemed reasonable by the Purchaser and at a daily Actual Hedge Cost that is equal to or less than the Maximum Hedge Cost.
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Hedge Disruption Event means that the Counterparty is unable, after using commercially reasonable efforts, to:
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Related to Hedge Disruption Event

  • Hedging Disruption Event means any event which, in the Issuer’s reasonable opinion, would make it illegal or commercially unfeasible for the Issuer to continue to hedge its obligations in relation to the Bond.

  • FX Disruption Event ' means the occurrence of any event on any day or any number of consecutive days as determined by the Calculation Agent in its sole and reasonable discretion that affects the Issuer’s currency hedging (if any) with respect to the Products.

  • Disruption Event means either or both of:

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Market Disruption Event means, for the purposes of determining amounts due upon conversion (a) a failure by the primary U.S. national or regional securities exchange or market on which the Common Stock is listed or admitted for trading to open for trading during its regular trading session or (b) the occurrence or existence prior to 1:00 p.m., New York City time, on any Scheduled Trading Day for the Common Stock for more than one half-hour period in the aggregate during regular trading hours of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant stock exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock.

  • FX Market Disruption Event means each of the following events:

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

  • VWAP Market Disruption Event means, with respect to any date, (A) the failure by the principal U.S. national or regional securities exchange on which the Common Stock is then listed, or, if the Common Stock is not then listed on a U.S. national or regional securities exchange, the principal other market on which the Common Stock is then traded, to open for trading during its regular trading session on such date; or (B) the occurrence or existence, for more than one half hour period in the aggregate, of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange or otherwise) in the Common Stock or in any options contracts or futures contracts relating to the Common Stock, and such suspension or limitation occurs or exists at any time before 1:00 p.m., New York City time, on such date.

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • Exchange Disruption means any event (other than an Early Closure) that disrupts or impairs (as determined by the Determination Agent) the ability of market participants in general (i) to effect transactions in, or obtain market values for the Shares on the Exchange or (ii) to effect transactions in, or obtain market values for, futures or options contracts relating to the Share on any Related Exchange.

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • Index Cessation Event means, with respect to an Applicable Benchmark, (a) a public statement or publication of information by or on behalf of the Administrator of the Applicable Benchmark announcing that it has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider, as applicable, that will continue to provide the Applicable Benchmark; or (b) a public statement or publication of information by the regulatory supervisor for the Administrator of the Applicable Benchmark, the central bank for the currency of the Applicable Benchmark, an insolvency official with jurisdiction over the Administrator for the Applicable Benchmark, a resolution authority with jurisdiction over the Administrator for the Applicable Benchmark or a court or an entity with similar insolvency or resolution authority over the Administrator for the Applicable Benchmark, which states that the Administrator of the Applicable Benchmark has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider that will continue to provide the Applicable Benchmark.

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Extraordinary Event means any event, circumstance or cause which Royal Bank determines has or will have a material adverse effect on the ability of Royal Bank to perform its obligations under the Notes or to hedge its position in respect of its obligation to make payment of amounts owing thereunder, including as a result of any of Royal Bank’s internal policies, and more specifically includes a Market Disruption Event in respect of any Share or Hedging Event.

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.