Asset Market Value means the market value of an Asset, as the Calculation Agent shall determine by reference to an appropriate specialist valuation or in accordance with the methodology determined by the Credit Derivatives Determinations Committee.
Asset Market Value means in respect of each Asset which is a Non-Transferable Instrument, the market value thereof determined by the Calculation Agent either –
Asset Market Value means (i) the close-of-market Fair Market Value of a Schedule 2 Asset as of the close of business on the Business Day prior to the Commitment Agreement Date, plus (ii) accrued interest on such Schedule 2 Asset as of the close of business on the Business Day prior to the Commitment Agreement Date. For purposes of paragraph 3.c, which relates to “Ineligible Assets” instead of “Schedule 2 Assets,” the reference in this definition to “Schedule 2 Asset” shall instead refer to “Ineligible Asset.” For purposes of paragraph 3.d, which relates to “Misstated Assets” instead of “Schedule 2 Assets,” the reference in this definition to “Schedule 2 Asset” shall instead refer to “Misstated Asset.”
Examples of Asset Market Value in a sentence
In the case of a Portfolio CLS, unless otherwise specified in the Issue Terms, the Calculation Agent shall, in the event that the relevant Payable Cash Settlement Amount is greater than zero and provided that the Charged Assets have not been redeemed, determine the Portfolio Charged Asset Market Value and the Required Notional Amount on the Required Notional Amount Determination Date and shall notify the Trustee, the Principal Paying Agent and the Issuer thereof.
If the Purchaser and the Seller are unable to resolve their differences regarding the determination of the Fund Asset Market Value within ten (10) Business Days of the delivery of the Dispute Notice, then any remaining items in dispute shall be submitted to a partner or senior employee of (the “Expert”).
No later than seven (7) Business Days after the Closing Date, ENVY shall cause the trustee to deliver to Seller and Purchaser a final trustee valuation report (the “ Adjustment Valuation Report”) setting forth the trustee’s final determination of the Historical Tax Basis and Fund Asset Market Value, in each case, as of the Valuation Date, and as calculated and determined pursuant to Section 6.8(c) and Section 6.8(d) and the Pricing Methodologies.
Charged Asset Market Value means, with respect to the Charged Assets, the highest Charged Asset Quotation obtained by the Calculation Agent from a CA Dealer.
If no Charged Asset Quotation is obtained, the Charged Asset Market Value shall be an amount as determined by the Calculation Agent in good faith and in a commercially reasonable manner.
More Definitions of Asset Market Value
Asset Market Value means the market value of an Asset, as the Calculation Agent shall acting in good faith and a commercially reasonable manner determine by reference to an appropriate specialist valuation or in accordance with the methodology determined by the Credit Derivatives Determinations Committee.
Asset Market Value means, in respect of any Compartment Securities or, where applicable, Collateral Securities, a valuation of the Compartment Securities or Collateral Securities as determined by the Calculation Agent using standard market methods for the relevant type of Compartment Securities or Collateral Securities, as the case may be, as determined by the Calculation Agent and in a commercially reasonable manner. Such standard market methods include, but are not limited to, requesting quotations for the securities from one or more leading dealers in the relevant market and/or using the net asset value or the aggregate amount that would be received by a hypothetical investor in the Compartment Securities or Collateral Securities, as the case may be, on placement of a valid order for redemption thereof. Margin Ratio Margin Ratio Cash (US Dollars and Euros) 100% Common Stocks and Collateral Common Stocks 105% Sovereign Bonds and Collateral Sovereign Bonds 105% ETFs and Collateral ETFs 107% Investment Grade Convertible Bonds and Investment Grade Collateral Convertible Bonds 110% Non-Investment Grade Convertible Bonds and Non- Investment Grade Collateral Convertible Bonds 115% Placed Notes means all Notes and Related Notes in respect of which the holder has not waived its rights to receive its share of any enforcement or liquidation proceeds following a Note Acceleration. As at the date of this Prospectus, Societe Generale and each other member of the Group which holds Notes or Related Notes as an investor has so waived its rights and as a result any Notes held by the Group will not be treated as Placed Notes. Concentration Limits With regard to any Common Stocks and Collateral Common Stocks: (a) the aggregate Asset Market Value of all Compartment Securities and all Collateral Securities comprising any one Common Stock or Collateral Common Stock shall not be Element Description of Element Disclosure requirement greater than 10% of the Aggregate Accrued Value of the Placed Notes;
Asset Market Value means, in respect of any Compartment Securities or, where applicable, Collateral Securities, a valuation of the Compartment Securities or, where applicable, Collateral Securities, as determined by the Calculation Agent using standard market methods for the relevant type of Compartment Securities or Collateral Securities, as the case may be, as determined by the Calculation Agent and in a commercially reasonable manner. Such standard market methods include, but are not limited to, requesting quotations for the securities from one or more leading dealers in the relevant market and/or using the net asset value or the aggregate amount that would be received by a hypothetical investor in the Compartment Securities or Collateral Securities, as the case may be, on placement of a valid order for redemption thereof.
Asset Market Value means the net realised sale proceeds of the relevant Affected Principal Amount of Assets, determined by the Calculation Agent and expressed as a percentage of the relevant Affected Principal Amount of Assets.
Asset Market Value means, as at close of close of business in London on any Business Day and in respect of any Reference Asset, the current market value of such Reference Asset, being the unwind cost of such Reference Asset, as calculated by Calculation Agent based on an offer- side Quotation.
Asset Market Value means (i) the close-of-market Fair Market Value of a Schedule 2 Asset as of the close of business on the Business Day prior to the Commitment Agreement Date, plus (ii) accrued interest on such Schedule 2 Asset as of the close of business on the Business Day prior to the Commitment Agreement Date. [***]. [***].
Asset Market Value means the market value of an Asset, as the Calculation Agent shall determine by reference to an appropriate specialist valuation or in accordance with the methodology determined by the Credit Derivatives Determinations Committee. Cash Redemption Terms: Cash Redemption: If (i) Cash Redemption is specified as the applicable Credit Event RedemptionMethod, (ii) Fallback to Cash Redemption is applicable, (iii) Option for CashRedemption is applicable or (iv) Cash Redemption is applicable as the Fallback Redemption Method in accordance with the Auction Redemption Terms, redemption of a portion of the Notes equal to the relevant Reference Entity’s Reference Entity Aggregate Nominal Amount (or, if Fallback to Cash Redemption applies, the relevant portion of the Notes as the case may be) shall, subject to the Suspension Terms set out in Part 1B below, take place by payment by the Issuer of the Cash Redemption Amount on the Cash Redemption Date. Unless Fallback to Cash Redemption applies under the terms relating to Physical Redemption and subject to the Suspension Terms set out in Part 1B below, the Issuer or its Nominee shall give to the Calculation Agent and the Noteholders 10 Business Days’ prior notice (the “Notice of Valuation Obligations”) of: