External Marks definition
External Marks means mark-to-market quotations of the Exposure obtained from a third party entity that is independent from Party A and that is able to enter into the Transactions being priced.
Examples of External Marks in a sentence
Party A agrees that it shall (i) following the occurrence and during the continuance of an S&P Trigger Event, and at its sole expense, obtain and provide to S&P External Marks on a semiannual basis and (ii) make available to S&P Interim Marks on a monthly basis.