Unadjusted Benchmark Replacement definition: Copy, customize and used instantly
Introduction
The term "Unadjusted Benchmark Replacement" refers to a financial benchmark or rate used to replace a previously agreed-upon benchmark, without any adjustments made to account for changes in the financial markets or the underlying financial instruments. This concept is crucial in contracts involving interest rate benchmarks, where a replacement benchmark is needed when the original benchmark is no longer available or appropriate.
Below are various examples of how "Unadjusted Benchmark Replacement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Unadjusted Benchmark Replacement" as a direct substitute
This definition ties "Unadjusted Benchmark Replacement" to a direct substitute for a benchmark.
"Unadjusted Benchmark Replacement" means a financial benchmark or rate that directly substitutes the original benchmark without any adjustments for changes in market conditions or underlying factors.
Definition of "Unadjusted Benchmark Replacement" as a non-modified alternative
This definition connects "Unadjusted Benchmark Replacement" to an alternative benchmark with no modifications.
"Unadjusted Benchmark Replacement" refers to a non-modified alternative benchmark that is used to replace a prior benchmark without making any adjustments for market fluctuations or the specific characteristics of the original benchmark.
Definition of "Unadjusted Benchmark Replacement" as an unchanged benchmark rate
This definition links "Unadjusted Benchmark Replacement" to a benchmark rate that remains unchanged.
"Unadjusted Benchmark Replacement" means a benchmark rate that remains unchanged and is used as a direct replacement for the original benchmark, without any alterations or modifications for market differences.
Definition of "Unadjusted Benchmark Replacement" as a flat replacement rate
This definition ties "Unadjusted Benchmark Replacement" to a flat rate.
"Unadjusted Benchmark Replacement" refers to a flat replacement rate that does not account for any changes in market conditions or the particular circumstances of the original benchmark.
Definition of "Unadjusted Benchmark Replacement" as a straightforward benchmark substitute
This definition connects "Unadjusted Benchmark Replacement" to a simple substitution of benchmarks.
"Unadjusted Benchmark Replacement" means a straightforward substitute for the original benchmark, with no adjustments made to account for shifts in the financial environment.
Definition of "Unadjusted Benchmark Replacement" as a direct benchmark replacement without modifications
This definition links "Unadjusted Benchmark Replacement" to the absence of modifications.
"Unadjusted Benchmark Replacement" refers to a direct replacement of the original benchmark rate with a new benchmark, with no changes or adjustments made to account for market volatility or other relevant factors.
Definition of "Unadjusted Benchmark Replacement" as an unmodified reference rate
This definition ties "Unadjusted Benchmark Replacement" to an unmodified reference rate.
"Unadjusted Benchmark Replacement" means an unmodified reference rate that replaces the original benchmark without considering any changes in the financial markets or instruments.
Definition of "Unadjusted Benchmark Replacement" as an unchanged interest rate benchmark
This definition connects "Unadjusted Benchmark Replacement" to an interest rate benchmark that stays the same.
"Unadjusted Benchmark Replacement" refers to an unchanged interest rate benchmark that is used to replace the original benchmark without adjustments for current economic conditions.
Definition of "Unadjusted Benchmark Replacement" as a benchmark rate without adjustments
This definition linksR"Unadjusted Benchmark Replacement" to a benchmark rate that is not altered.
"Unadjusted Benchmark Replacement" means a benchmark rate that is not adjusted for current market trends or shifts, serving as a replacement for the original benchmark.
Definition of "Unadjusted Benchmark Replacement" as a consistent benchmark substitute
This definition ties "Unadjusted Benchmark Replacement" to a consistent replacement rate.
"Unadjusted Benchmark Replacement" refers to a consistent benchmark substitute that maintains the same rate or methodology as the original benchmark, without considering changes in financial conditions or circumstances.
Definition of "Unadjusted Benchmark Replacement" as a replacement rate based on the original formula
This definition connects "Unadjusted Benchmark Replacement" to the original formula used for calculation.
"Unadjusted Benchmark Replacement" means a replacement rate that follows the same formula or calculation methodology as the original benchmark, without any adjustments made for market changes.
Definition of "Unadjusted Benchmark Replacement" as a rate that mirrors the original benchmark
This definition links "Unadjusted Benchmark Replacement" to mirroring the original benchmark rate.
"Unadjusted Benchmark Replacement" refers to a rate that mirrors the original benchmark, serving as a direct substitute with no modifications made to the underlying calculation or economic factors.
Definition of "Unadjusted Benchmark Replacement" as a market-unaffected benchmark replacement
This definition ties "Unadjusted Benchmark Replacement" to a replacement that is unaffected by market fluctuations.
"Unadjusted Benchmark Replacement" means a benchmark replacement that is not affected by market changes or fluctuations, remaining consistent with the rate or value of the original benchmark.
Definition of "Unadjusted Benchmark Replacement" as a fixed benchmark alternative
This definition connects "Unadjusted Benchmark Replacement" to a fixed alternative.
"Unadjusted Benchmark Replacement" refers to a fixed benchmark alternative that substitutes the original benchmark without considering economic conditions or market trends.
Definition of "Unadjusted Benchmark Replacement" as a straightforward interest rate substitute
This definition links "Unadjusted Benchmark Replacement" to an interest rate substitute that is straightforward.
"Unadjusted Benchmark Replacement" means a straightforward interest rate substitute for the original benchmark, without any changes or modifications based on current financial conditions.
Definition of "Unadjusted Benchmark Replacement" as a non-variable replacement benchmark
This definition ties "Unadjusted Benchmark Replacement" to a non-variable benchmark.
"Unadjusted Benchmark Replacement" refers to a non-variable benchmark replacement that does not fluctuate based on changes in the financial environment or underlying market factors.
Definition of "Unadjusted Benchmark Replacement" as a replacement based on historical rates
This definition connects "Unadjusted Benchmark Replacement" to historical rates.
"Unadjusted Benchmark Replacement" means a replacement benchmark based on historical rates or averages, with no adjustments made to reflect current market changes or economic conditions.
Definition of "Unadjusted Benchmark Replacement" as a fixed-rate substitution for the benchmark
This definition links "Unadjusted Benchmark Replacement" to a fixed-rate substitute.
"Unadjusted Benchmark Replacement" refers to a fixed-rate substitution for the original benchmark, with no adjustments made for variations in financial conditions or market trends.
Definition of "Unadjusted Benchmark Replacement" as an alternative to a discontinued benchmark
This definition ties "Unadjusted Benchmark Replacement" to its role in replacing a discontinued benchmark.
"Unadjusted Benchmark Replacement" means an alternative to a discontinued benchmark, used in place of the original benchmark without modifying the calculation or reflecting market conditions.
Definition of "Unadjusted Benchmark Replacement" as an unchanged benchmark rate
This definition ties "Unadjusted Benchmark Replacement" to a benchmark rate that remains the same.
"Unadjusted Benchmark Replacement" means a benchmark rate that directly substitutes the original benchmark, without any modifications for changes in market conditions.
Definition of "Unadjusted Benchmark Replacement" as a rate derived from the original benchmark
This definition connects "Unadjusted Benchmark Replacement" to its derivation from the original benchmark.
"Unadjusted Benchmark Replacement" refers to a rate derived directly from the original benchmark, without any adjustments made to account for external financial factors.
Definition of "Unadjusted Benchmark Replacement" as a fixed value substitution
This definition links "Unadjusted Benchmark Replacement" to a fixed value replacement for the original benchmark.
"Unadjusted Benchmark Replacement" means a fixed value used as a replacement for the original benchmark, ensuring no adjustments based on market fluctuations.
Definition of "Unadjusted Benchmark Replacement" as an unchanged financial reference
This definition ties "Unadjusted Benchmark Replacement" to its role as a financial reference that stays the same.
"Unadjusted Benchmark Replacement" refers to an unchanged financial reference that substitutes the original benchmark without accounting for any market or economic changes.
Definition of "Unadjusted Benchmark Replacement" as a direct equivalent benchmark
This definition connects "Unadjusted Benchmark Replacement" to a direct equivalent.
"Unadjusted Benchmark Replacement" means a direct equivalent to the original benchmark, with no modifications made to the calculation or underlying methodology.
Definition of "Unadjusted Benchmark Replacement" as a substitution with identical calculation methodology
This definition links "Unadjusted Benchmark Replacement" to a substitution that maintains the original calculation method.
"Unadjusted Benchmark Replacement" refers to a benchmark that substitutes the original benchmark using the identical calculation methodology, with no changes for external factors.
Definition of "Unadjusted Benchmark Replacement" as an original rate re-applied
This definition ties "Unadjusted Benchmark Replacement" to the re-application of the original rate.
"Unadjusted Benchmark Replacement" means the original rate re-applied as the replacement for the benchmark, without alterations or market-based adjustments.
Definition of "Unadjusted Benchmark Replacement" as an unmodified reference rate
This definition connects "Unadjusted Benchmark Replacement" to a reference rate that is unmodified.
"Unadjusted Benchmark Replacement" refers to an unmodified reference rate that replaces the original benchmark, maintaining the same values without adjustments.
Definition of "Unadjusted Benchmark Replacement" as a market-neutral substitute
This definition links "Unadjusted Benchmark Replacement" to its market-neutral nature.
"Unadjusted Benchmark Replacement" means a substitute benchmark that remains neutral to market fluctuations, using the same calculation as the original benchmark without considering changes in market conditions.
Definition of "Unadjusted Benchmark Replacement" as a non-variable alternative benchmark
This definition ties "Unadjusted Benchmark Replacement" to a non-variable alternative.
"Unadjusted Benchmark Replacement" refers to a non-variable alternative to the original benchmark, with the replacement rate fixed and not adjusted for changes in market conditions.
Definition of "Unadjusted Benchmark Replacement" as a direct substitution without revision
This definition connects "Unadjusted Benchmark Replacement" to a direct substitution without revision.
"Unadjusted Benchmark Replacement" means a direct substitution for the original benchmark, used without any revisions or modifications to account for financial market changes.
Definition of "Unadjusted Benchmark Replacement" as a static rate replacement
This definition links "Unadjusted Benchmark Replacement" to a static rate.
"Unadjusted Benchmark Replacement" refers to a static replacement rate that remains unchanged, serving as a substitute for the original benchmark without accounting for current financial trends.
Definition of "Unadjusted Benchmark Replacement" as a stable alternative benchmark
This definition ties "Unadjusted Benchmark Replacement" to a stable alternative.
"Unadjusted Benchmark Replacement" means a stable alternative benchmark, used to replace the original benchmark without modifications based on market changes or financial fluctuations.
Definition of "Unadjusted Benchmark Replacement" as a benchmark with fixed parameters
This definition connects "Unadjusted Benchmark Replacement" to a benchmark with fixed parameters.
"Unadjusted Benchmark Replacement" refers to a benchmark with fixed parameters, which remains unchanged and serves as the replacement for the original benchmark.
Definition of "Unadjusted Benchmark Replacement" as a non-modified financial index
This definition links "Unadjusted Benchmark Replacement" to a non-modified index.
"Unadjusted Benchmark Replacement" means a non-modified financial index used to replace the original benchmark, where no adjustments are made for market volatility or economic conditions.
Definition of "Unadjusted Benchmark Replacement" as a pure substitute for the original benchmark
This definition ties "Unadjusted Benchmark Replacement" to its role as a pure substitute.
"Unadjusted Benchmark Replacement" refers to a pure substitute for the original benchmark, without any adjustments or considerations for changes in market dynamics or underlying conditions.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.