Apr 14, 2020 17:31
4 yrs ago
18 viewers *
English term

Disruption Fallback

English to French Bus/Financial Finance (general) Non deliverable forward contracts
Context :
"Fallback Survey Valuation Postponement
means that, in the event that the Fallback Reference Price is not available on or before the 3rd Banking Day (or day that would have been a Banking Day but for an Unscheduled Holiday) succeeding the end of either (i) Valuation Postponement for Price Source Disruption, (ii) Deferral Period for Unscheduled Holiday, or (iii) Cumulative Events, then the Reference Price will be determined in accordance with the next applicable Disruption Fallback on such day. "

Discussion

Francois Boye Apr 14, 2020:
@ Asker:

Please read this attached technical literature to understand each of the concepts you have submitted for translation:
https://www.isda.org/2017/11/28/development-fallbacks-libor-...

Proposed translations

8 hrs
Selected

le prix de référence de substitution en cas de nécessité

Disruption Fallback means, in respect of a Currency Price, Calculation Agent Determination, Currency-Reference Dealers, EM Fallback Valuation Postponement, EM Valuation Postponement, Fallback Reference Price, Other Published Sources, Postponement, and/or such other sources or methods specified as such or otherwise determined as an alternative basis for determining such Currency Price as may be provided in the applicable Final Terms.

The applicable Disruption Fallback in respect of a Currency Price shall be as specified in the applicable Final Terms, and if two or more Disruption Fallbacks are specified, unless otherwise provided in the Final Terms, such Disruption Fallbacks shall apply in the order specified in the applicable Final Terms, such that if the Calculation Agent determines that the Currency Price cannot be determined by applying one Disruption Fallback, then the next Disruption Fallback specified shall apply.
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12 mins

interruption de service applicable

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