Auction Covered Transactions definition

Auction Covered Transactions means all credit derivative transactions referencing the Affected Reference Entity which satisfy the criteria set forth in the Credit Derivatives Auction Settlement Terms in respect of the relevant Affected Reference Entity, including in respect of the provisions in such credit derivative transactions that set forth the criteria for establishing what obligations may constitute Deliverable Obligations (or, in the case of a cash settled credit derivative transaction, the provisions therein that set forth the criteria for establishing what obligations may be valued to determine a final price).
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Examples of Auction Covered Transactions in a sentence

  • In all cases, if the Auction Final Price determined pursuant to these Credit Derivatives Auction Settlement Terms is greater than 100 percent, then, for purposes of settling the Auction Covered Transactions only, the Auction Final Price will be deemed to be 100 percent.

  • We agree that you may verify our Dealer-Specific Market Position by requesting information from any of your Affiliates in respect of any Auction Covered Transactions and/or any Auction-Linked Cash Settled Transactions we have entered into with such Affiliate or in respect of which such Affiliate has acted as a clearing member.

  • Otherwise, the Administrators will not re- calculate the Open Interest or the Auction Final Price, all Auction Covered Transactions will settle according to the Auction Final Price published by the Administrators, and all Participating Bidders will be required to comply with the terms of the Market Position Trade or Matched Limit Order Trade, as applicable, if any, of which the relevant Valid Physical Settlement Request forms a part.

  • Otherwise, the Administrators will not re-calculate the Open Interest or the Auction Final Price, all Auction Covered Transactions will settle according to the Auction Final Price published by the Administrators, and all Participating Bidders will be required to comply with the terms of the Market Position Trade or Matched Limit Order Trade, as applicable, if any, of which the relevant Valid Physical Settlement Request forms a part.

  • Otherwise, the Administrators will not re-calculate the Open Interest or the Auction Final Price, all Auction Covered Transactions will settleaccording to the Auction Final Price published by the Administrators, and all Participating Bidders will be required to comply with the terms of the Market Position Trade or Matched Limit Order Trade, as applicable, if any, of which the relevant Valid Physical Settlement Request forms a part.

  • Delete as applicable.‌ We agree that you may verify our Dealer-Specific Market Position by requesting information from any of your Affiliates in respect of any Auction Covered Transactions and/or any Auction-Linked Cash Settled Transactions we have entered into with such Affiliate or in respect of which such Affiliate has acted as a clearing member.

  • Otherwise, the Administrators will not re-calculate the Open Interest or the Auction Final Price, all Auction Covered Transactions will settle according to the Auction Final Price published by the Administrators, and all Participating Bidders will be required to comply with their obligations in respect of the Market Position Trade or Matched Limit Order Trade, as applicable, if any, of which the relevant Valid Physical Settlement Request forms a part.

  • The procedures set forth in these Credit Derivatives Auction Settlement Terms shall be conducted by the Administrators separately for each set of Auction Covered Transactions (each such auction procedure for purposes of the relevant set of Credit Derivatives Auction Settlement Terms, an "Auction"), except that the procedures set forth in Sections 1 and 2 of these Credit Derivatives Auction Settlement Terms shall be conducted once and applied to each Auction.

  • This site also provides full details of the awarding bodies’ appeals processes and the associated timescales.

  • The ālayavijñāna of the Buddhist has its counterpart in the atman of the orthodox Hindu system of philosophy, with this difference that “the atma is immutable while ālayavjñāna is continuous changing”.122Alaya consciousness is known as the “repository of impressions” which arises all our ideas of self, ego, and their respective functions in the external world.

Related to Auction Covered Transactions

  • Covered Transaction means a transaction that uses any funds under this award and that is a contract, memorandum of understanding, cooperative agreement, grant, loan, or loan guarantee.

  • First Tier Covered Transactions refers to any covered transaction between a grantee or subgrantee of Federal funds and a participant (such as the prime or general contract). “Lower Tier Covered Transactions” refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Lower Tier Covered Transactions refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Qualified Transaction means (a) any sale or other transfer of, or any release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the Borrower delivers to the Agent (A) at least five Business Days prior to the proposed closing date of such transaction, a draft Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (B) on the closing date of such transaction, a final Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (ii) if the aggregate Credit Exposures of all Lenders exceeds the Borrowing Base in effect on the closing date of such transaction after giving effect thereto, the Borrower prepays Loans and pays cash to the Agent as required by Section 2.10(c) or (b) any other sale or other transfer of, or any other release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the aggregate consideration received with respect to the transaction pursuant to which such Accounts are sold or otherwise transferred does not exceed $10,000,000 and (ii) the aggregate book value of Eligible Accounts sold or otherwise transferred pursuant to such transaction does not exceed $1,000,000; provided that no Accounts sold or transferred pursuant to the foregoing clause (a) or (b) shall be used in any securitization, factoring or similar financing program of the Borrower or any of its Subsidiaries.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Export Transactions Net Activity means the aggregate net total, resulting from Export Transactions, of (i) Spot Market Energy charges, (ii) Transmission Congestion Charges, and (iii) Transmission Loss Charges, calculated as set forth in Operating Agreement, Schedule 1 and the parallel provisions of Tariff, Attachment K-Appendix. Export Transactions Net Activity may be positive or negative. Extended Primary Reserve Requirement:

  • Covered Trip means scheduled trips, tours or cruises for which (a) coverage is requested: and (b) the required premium is submitted prior to the Scheduled Departure Date.