Examples of Reference Weather Station in a sentence
If more than one Reference Weather Station is specified for a Transaction, then the Floating Amount will be the weighted average of the sum of CDD’s for each such Reference Weather Station during the applicable Calculation Period using the percentage set forth next to such Reference Weather Station for weighting.
For a Reference Weather Station, CDD for each day is equal to the greater of (i) the non-rounded average of the daily high and daily low temperatures in Reference Degrees from and including 12:01 AM on that day to and including 12:00 AM on the next day local time as measured by Reporting Service, and reported by the Reporting Agency, for the Reference Weather Station minus the Reference Basis or (ii) zero.
The Reporting Agency shall be the National Climatic Data Center if the Reference Weather Station is in the United States, and (ii) the Reporting Service if the Reference Weather Station is in the United Kingdom, France or Norway.
The Reporting Agency shall be (i) the National Climatic Data Center if the Reference Weather Station is in the United States, and (ii) the Reporting Service if the Reference Weather Station is in the United Kingdom, France or Norway.