Implied definition

Implied tree means that the volatility differs from time step to time step thus giving unequal spacing between nodes. These kind of trees can match prices of standard options better than constant volatility trees because the state space is chosen in advance which helps out with fact that we discovered in Boyle’s approach where we had two constraints and five unknowns.
Implied means of acceptance approved in Rouland. After discussing that
Implied means the donor intended to create a restricted charitable purpose trust, but did not do so explicitly

Examples of Implied in a sentence

  • The Provider hereby includes all warranties, whether expressed or implied, including, but not limited to, the Implied Warranty of Merchantability and the Implied Warranty of Fitness for a Particular Purpose.

  • Usage of Trade; Course of Dealings; Implied Warranties: The Vendor shall be bound by any implied warranty that, at the time of execution of the Contract, prevails in the trade of government in the marketing area in and about the State of Nevada.

  • Breaches of Express Warranty, Implied Warranty of Merchantability and Magnuson Moss Warranty Act, 15 U.S.C. §§ 2301, et seq.

  • Implied warranties in jurisdictions where they may not be disclaimed shall be in effect only for the duration of the express warranty set forth herein.

  • Implied investment grade may include actual ratings of tenant parent, guarantor parent (regardless of whether or not the parent has guaranteed the tenant’s obligation under the lease) or by using a proprietary Moody’s analytical tool, which generates an implied rating by measuring a company’s probability of default.

  • Moreover, it is the County’s position and Vendor hereby agrees that the legal theories of Implied Waiver, Statute of Limitation, Estoppel, and Laches do not apply as defenses that the Vendor may assert in any action by the County.

  • Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Portfolio is the seller of protection as of the reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative.

  • Reasonableness of Assumptions Certification for Implied Guaranteed Rate Method required by Actuarial Guideline XXXVI [Document Identifier 447]6.

  • Implied credit spreads, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end, serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative.

  • Implied undertakings as to title, encumbrances and quiet possession (TPA s.


More Definitions of Implied

Implied. A contract which occurs by the actions of the parties (ex: entering a taxi assumes you will pay). • Executory: A contract in process. Something remains to be completed such as the issuing of the deed, or a contingency has not been met. • Executed: A contract completed. It is finished and all terms have been met and satisfied.
Implied means to involve or indicate by inference, association, or necessary consequence rather than by direct statement;

Related to Implied

  • Warranties - means collectively any and all warranties (if any) given by the Bidder in terms of this agreement.

  • Warranty means Borrower’s guarantee to Buyer that the Items will function as intended during the warranty period set forth in the applicable Export Order.

  • Representations means the written Representations and Warranties provided by Borrower to Silicon referred to in the Schedule.

  • Promise means a written undertaking to pay money signed by the person undertaking to pay. An acknowledgment of an obligation by the obligor is not a promise unless the obligor also undertakes to pay the obligation.

  • Representation means any representation as to fact or law, including a representation as to the state of mind of—

  • Subject Matter means the Unit as finally described in the Sectional Plan, read together with the Register;

  • Intentional Wrongdoing means an act or omission taken or omitted by a Party with knowledge or intent that injury or damage could reasonably be expected to result.

  • Intentional for purposes of this Agreement, no act or failure to act on the part of the Executive shall be deemed to have been intentional if it was due primarily to an error in judgment or negligence. An act or failure to act on the Executive’s part shall be considered intentional if it is not in good faith and if it is without a reasonable belief that the action or failure to act is in the best interests of the Bank.

  • dealing or “dealt” means:

  • Contract Material means all material created, written or otherwise brought into existence as part of, or for the purpose of performing the Services including, but not limited to, all reports (whether in draft or final form), documents, equipment, information and data stored by any means.

  • Suitability means suitable office, post or position or suitable employment as defined by section 94(6) of the Public Sector Management Act 1994 as read with regulation 7 of the Public Sector Management (Redeployment and Redundancy) Regulations 2014.

  • Undertakings as references to obligations under this Framework Agreement; references to “Clauses” and “Framework Schedules” are, unless otherwise provided, references to the clauses and schedules of this Framework Agreement and references in any Framework Schedule to paragraphs, parts, annexes and tables are, unless otherwise provided, references to the paragraphs, parts, annexes and tables of the Framework Schedule or the part of the Framework Schedule in which the references appear; any reference to this Framework Agreement includes Framework Schedule 1 (Definitions) and the Framework Schedules; and the headings in this Framework Agreement are for ease of reference only and shall not affect the interpretation or construction of this Framework Agreement. Subject to Clauses 1.2.3 and 1.2.4, in the event and to the extent only of a conflict between any of the provisions of this Framework Agreement, the conflict shall be resolved, in accordance with the following descending order of precedence: the Clauses and Framework Schedule 1 (Definitions); Framework Schedules 1 to 20 and 22 inclusive; Framework Schedule 21 (Tender). If there is any conflict between the provisions of this Framework Agreement and provisions of any Call Off Contract, the provisions of this Framework Agreement shall prevail over those of the Call Off Contract save that: any refinement to the Template Order Form and Template Call Off Terms permitted for the purposes of a Call Off Contract under Clause 4 and Framework Schedule 5 (Call Off Procedure) shall prevail over Framework Schedule 4 (Template Order Form and Template Call –Off Terms); and subject to Clause 1.2.4, the Call Off Contract shall prevail over Framework Schedule 21 (Tender). Where Framework Schedule 21 (Tender) contains provisions which are more favourable to the Authority in relation to the rest of the Framework Agreement, such provisions of the Tender shall prevail. The Authority shall in its absolute and sole discretion determine whether any provision in the Tender is more favourable to it in relation to this Framework Agreement.

  • Subject Matter Experts has the meaning set forth in Section II.A.2.

  • Warranty Rights means the Warranty Rights as described in Schedule I to the Participation Agreement.

  • Wrongdoing means a violation which is not of a merely technical or minimal nature of a federal or state statute or regulation or of this Code designed to protect the interest of the public or the Company.

  • Parole means the same as defined in Iowa Code section 906.1.

  • Apparent owner means the person whose name appears on the records of the holder as the person entitled to property held, issued, or owing by the holder.

  • Negligence means the failure to exercise "Reasonable Care".

  • Secret Matter means any matter connected with or arising out of the performance of this Call Off Contract which has been, or may hereafter be, by a notice in writing given by the Customer to the Supplier be designated 'top secret', 'secret', or 'confidential';

  • Project Material means all material:

  • Seller Warranties shall have the meaning ascribed to the term in Clause 7.1.

  • Subject Matter Expert means a person who has working or expert knowledge about a particular topic or field.

  • Purchaser Warranties the representations, warranties and undertakings made by the Purchaser and contained in Clause 6 and Schedule 3;

  • duty means any task that a crew member performs for the operator, including flight duty, administrative work, giving or receiving training and checking, positioning, and some elements of standby;

  • Presumption or "presumed" means that the trier of fact must find the existence of the fact presumed unless and until evidence is introduced which would support a finding of its nonexistence.

  • Accuracy means the difference between a measured value and a reference value, traceable to a national standard and describes the correctness of a result.