Price Materiality definition

Price Materiality means the Calculation Agent has determined that the Conversion Rate differs from the Fallback Conversion Rate by the Price Materiality Threshold Percentage or more (provided that if the Calculation Agent is unable to determine the Fallback Conversion Rate, the Calculation Agent may determine in its sole discretion whether a Price Materiality has occurred).
Price Materiality means the Primary Rate differs from the Secondary Rate by at least the Price Materiality Percentage.
Price Materiality means the Calculation Agent determines that, with respect to a Reference Currency, the Settlement Rate Option materially differs from any quote obtained by the Calculation Agent on the currency markets;

Examples of Price Materiality in a sentence

  • Procedures if EMTA Determines a Price Materiality Percentage is Met on a Futures Contract Termination Day.

  • Price Materiality; and/or any other event that, in the opinion of the Calculation Agent, is analogous to any of (i) to (viii) above.

  • B.19.4 Pricing DisputesB.19.4.0 The Party raising a Pricing Dispute shall provide supporting evidence to enable the Dispute Resolution Board to assess under paragraph B.19.9.3 the likelihood that the matter being disputed will, if the Dispute is upheld, satisfy the Price Materiality Threshold.

  • The Market Operator shall publish the approved Settlement Recalculation Threshold within 5 Working Days of receipt of the Regulatory Authorities' approval or two months before it commences to apply, whichever is the later; and(a) a Price Materiality Threshold shall be proposed by the Market Operator from time to time and approved by the Regulatory Authorities.

  • Under Section E.3.8 (b) of the Trading and Settlement Code, SEMO is required to publish corrected Imbalance Settlement Prices within 1 Working Day of making a correction to a manifest error (which also requires correction of 5-minute Imbalance Prices), subject to the approved Price Materiality Threshold being applied.


More Definitions of Price Materiality

Price Materiality means that, in the determination of the Calculation Agent, the SER Primary Rate differs from any SER Secondary Rate by at least the SER Price Materiality Percentage or if there are insufficient responses on the relevant SER Valuation Date to any survey used to calculate any such rate, then the SER Price Materiality Percentage will be deemed to be met.
Price Materiality means, in respect of a BRL Valuation Date, that the EMTA BRL Industry Survey Rate is available on such date and that the BRL-PTAX Rate differs from the EMTA BRL Industry Survey Rate by more than 3 per cent.
Price Materiality means, in respect of the CLP Valuation Date, that the “EMTA CLP INDICATIVE SURVEY RATE” is available on such date and the “CLP DOLAR OBS” Rate differs from the “EMTA CLP INDICATIVE SURVEY RATE” by more than 3 per cent.
Price Materiality means the event where the BRL09 differs from the BRL12 by more than 3% on any relevant Rate Fixing Date, provided however, that if there are insufficient re- sponses to the EMTA BRL Industry Survey, the Price Materiality event shall also be deemed to have been occurred.
Price Materiality means that, with respect to any Reference Currency, the Settlement Rate Option differs from any quote obtained by the Calculation Agent on the currency markets by at least the Price Materiality Percentage specified in the Final Terms.
Price Materiality means, in respect of a CLP Valuation Date, that the “EMTA CLP INDICATIVE SURVEY RATE
Price Materiality means, in respect of any relevant day (and a Price Materiality shall be deemed to have occurred if), the EMTA BRL Industry Survey Rate is available on such day but differs from the USD/BRL FX Rate by more than 3.00 per cent., provided that if there are insufficient responses on such day for the EMTA BRL Industry Survey Methodology (as defined in "EMTA BRL Industry Survey Rate" above), a Price Materiality shall also be deemed to have occurred.