Postponement with three (3) Commodity Business Days as the Maximum Days of Disruption;
Postponement means that the Scheduled Trading Day will be deemed to be the first succeeding Scheduled Trading Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for five consecutive Scheduled Trading Days (measured from and including the original day that would otherwise have been the Scheduled Trading Day). In that case, the next Disruption Fallback will apply.If, as a result of a delay pursuant to this provision, a Commodity Future Price is unavailable to determine the amount payable on the Maturity Date, the Maturity Date will be delayed to the same extent as was the determination of the Commodity Future Price.
Postponement means that the Scheduled Trading Day will be deemed to be the first succeeding Scheduled Trading Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for five consecutive Scheduled Trading Days (measured from and including the original day that would otherwise have been the Scheduled Trading Day). In that case, the next Disruption Fallback will apply.If, as a result of a delay pursuant to this provision, a Commodity Price is unavailable to determine the amount payable on the Maturity Date, the Maturity Date will be delayed to the same extent as was the determination of the Commodity Price.(3) Extraordinary Event. In the event of an Extraordinary Event the Determination Agent shall make such adjustments to the redemption, settlement, payment or any other terms of the Securities as the Determination Agent determines appropriate to account for the economic effect on the Securities of such Extraordinary Event upon the Determination Agent having given not less than 5 Business Days’ notice to the Holders in accordance with §12; and not less than 7 Business Days before the giving of such notice, notice to the Fiscal Agent (unless the Fiscal Agent acts as Determination Agent).(4) Additional Disruption Event. In the event of an Additional Disruption Event and the Securities are not redeemed early in accordance with §4 or §8 the Determination Agent may make such adjustments to the redemption, settlement, payment or any other terms of the Securities as the Determination Agent determines appropriate to account for the economic effect on the Securities of such Additional Disruption Event upon the Determination Agent having given not less than 5 Days’ notice to the Holders in accordance with §12; and not less than 7 Days before the giving of such notice, notice to the Fiscal Agent (unless the Fiscal Agent acts as Determination Agent).
Examples of Postponement in a sentence
In case the Bids cannot be opened as scheduled due to justifiable reasons, the BAC shall take custody of the Bids submitted and reschedule the opening of Bids on the next working day or at the soonest possible time through the issuance of a Notice of Postponement to be posted in the PhilGEPS website and the website of the Procuring Entity concerned.
In case the submitted eligibility envelopes cannot be opened as scheduled due to justifiable reasons, the BAC shall take custody of the said envelopes and reschedule the opening on the next working day or at the soonest possible time through the issuance of a Notice of Postponement to be posted in the PhilGEPS website and the website of the Procuring Entity concerned.
Accounting Standards UpdateThe Governmental Accounting Standards Board issued GASB 95, Postponement of the Effective Dates of Certain Authoritative Guidance in May 2020.
Postponement of Proposals Due Date/Time – notwithstanding the date/time for receipt of proposal established in this solicitation, the date and time established herein for receiving proposals may be postponed solely at HCCs discretion.
In re-scheduling the opening of bids, the BAC shall issue a Notice of Postponement to be posted at the PhilGEPS and the procuring entity’s websites.
More Definitions of Postponement
Postponement means that the Pricing Date will be deemed, for purposes of the application of this Disruption Fallback, to be the first succeeding Commodity Business Day on which the Market Disruption Event ceases to exist, unless that Market Disruption Event continues to exist for two consecutive Commodity Business Days (measured from and including the original day that would otherwise have been the Pricing Date). In that case, the next Disruption Fallback specified in the definition of Disruption Fallback below will apply.
Postponement means that the Valuation Date will be deemed, for purposes of the application of this Commodity Disruption Fallback only, to be the first succeeding Commodity Business Day on which the Commodity Disruption Event ceases to exist, unless that Commodity Disruption Event continues to exist (measured from and including the original day that would otherwise have been the Valuation Date) for consecutive Commodity Business Days equal in number to the Specified Maximum Days of Disruption. In that case, the next CommodityDisruption Fallback (if any) specified in the Final Terms or (as applicable) the Pricing Supplement will apply;
Postponement is the rescheduling of the Assignment by the Client at least 60 days prior to the Assignment to a mutually agreeable date, and no more than 120 calendar days after the original Assignment date.
Postponement shall have the meaning set forth in the Commodity Definitions with two Commodity Business Days as the Maximum Days of Disruption (as each such term is defined in the Commodity Definitions).
Postponement then paragraph 1.1 of these Share Linked Conditions will apply mutatis mutandis for the purposes of determining the Share Price at the Valuation Time on that Averaging Reference Date as if such Averaging Reference Date were a Reference Date that was a Disrupted Day, irrespective of whether, pursuant to such determination, that deferred Averaging Reference Date would fall on a day that already is or is deemed to be an Averaging Reference Date; or
Postponement which means that the relevant date will be deemed, for the purposes of the application of this Disruption Fallback only, to be the first succeeding Commodity Business Day on which the Commodity Valuation Date Disruption Event ceases to exist, provided that, where the relevant Commodity Valuation Date Disruption Event has been in existence (measured from and including the first Disrupted Date) for 5 consecutive Commodity Business Days (or where the Maturity Date is less than 7 Commodity Business Days from the date of the first Disrupted Date, for such number of consecutive Commodity Business Days measured from and including the Disrupted Date and ending on the date which is 2 Business Days prior to the Maturity Date), the next Disruption Fallback specified in the relevant Final Terms will apply;
Postponement means, in respect of a Valuation Date or an Averaging Date, if such day (or, if applicable, if the original day on which such Valuation Date or an Averaging Date, as the case may be, is scheduled to fall (as specified in the applicable Final Terms) is postponed on account of such original day not being an FX Business Day, such postponed day) is an FX Disrupted Day, then: