Extraordinary Event definition

Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.
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.
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 the following events to the extent that they have such effect:

Examples of Extraordinary Event in a sentence

  • In the event that SFP and the Customer are unable to agree on how to address this Extraordinary Event, the Customer may within twenty-four (24) hours of being notified of such Extraordinary Event (but shall not be obliged to) instruct SFP to take whatever action that the Customer deems necessary to remedy this Extraordinary Event.


More Definitions of Extraordinary Event

Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting.
Extraordinary Event. : means an Extraordinary Event as determined by the Calculation Agent (acting in good faith and in a commercially reasonable manner) in accordance with the Terms and Conditions of the underlying securities.
Extraordinary Event means an Index Modification, Index Cancellation, Index Disruption or an Index Adjustment Redemption Event, all as defined in §4b(2) below.
Extraordinary Event means any of the following events:
Extraordinary Event with respect to a Share means any of the following events:
Extraordinary Event with respect to a Share means
Extraordinary Event means a Material Change in Formula or a Material Change in Content, as the case may be.