Auction Amount definition

Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

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Auction Amount as defined in Section 2.12(f)(i).

Auction Amount has the meaning specified in Schedule 2.19.

Examples of Auction Amount in a sentence

• The Winning Fee Rate shall be the lowest fee rate bid at which the entire Final Auction Amount can be invested.

• Based on the Reply Prices and Reply Amounts received by the Auction Manager, the Auction Manager, in consultation with the Borrower, will calculate the lowest purchase price (the “Applicable Threshold Price”) for such Auction within the Discount Range for such Auction that will allow the Borrower to complete the Auction by purchasing the full Auction Amount (or such lesser amount of Term Loans for which the Borrower has received Qualifying Bids).

• The Initial Auction Amount, plus any cash received from Automatic Redemptions (as defined below in Section II.5) and Voluntary Redemptions equal the Final Auction Amount.

• On each Business Day that ReFlow conducts an Auction, ReFlow shall establish an Initial Auction Amount, equal to the amount of cash it will make available that day to purchase shares of Participating Funds.

• If the Fund was a Winning Fund in the Auction, and experienced more net redemptions than previously reported, ReFlow shall issue another purchase order to the Fund for Shares in the amount of the increase in the Auction Bid Dollar Amount, which the Fund agrees to accept, at the Winning Fee Rate determined in the Auction, up to the amount of the cash available as determined by ReFlow, subject to an overall limit of share purchases by ReFlow that do not exceed the Final Auction Amount.

More Definitions of Auction Amount

Auction Amount shall have the meaning assigned to such term in Section 2.12(b)(i).

Auction Amount shall have the meaning provided in Exhibit N hereto.

Auction Amount as defined in Section 5.19(a).

Auction Amount has the meaning specified in clause (a) of the definition of “Dutch Auction.” “Auction Notice” has the meaning specified in clause (a) of the definition of “Dutch Auction.” “Auto-Renewal Letter of Credit” has the meaning specified in Section 2.03(c)(iii). “Available Incremental Amount” has the meaning specified in Section 2.14(a). “Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. “Bail-In Legislation” means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). “Bank of America” has the meaning specified in the introductory paragraph to this Agreement. “Bankruptcy Code” means Title 11 of the United States Code, entitled “Bankruptcy”, as amended from time to time. “Base Rate” means for any day a fluctuating rate of interest per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate,” and (c) Term SOFR plus 1.00%, subject to the interest rate floors set forth therein; provided that if the Base Rate shall be less than the Floor, such rate shall be deemed the Floor for purposes of this Agreement. The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change. If the Base Rate is being used as an alternate rate of interest pursuant to Section 3.04 hereof...

Auction Amount has the meaning assigned to such term in Section 3.04(d)(i).

Auction Amount as defined in Schedule 2.27(a).

Auction Amount has the meaning provided in Exhibit K hereto.