Indication of Interest definition

Indication of Interest means an action by an owner with respect to the owner’s property which indicates that the owner is aware of the existence of the property and intends for the property not to be presumed abandoned. Examples of an owner’s indication of interest include, but are not limited to, the following: an owner-initiated deposit or withdrawal from an account; notification to a holder of a change of address specific to the account; an account balance or similar owner-initiated inquiry, including an account inquiry made electronically in which the owner has contemporaneously authenticated the owner’s identity; and any communication, such as written or electronic correspondence, telephone call or person-to-person conversation between an owner and a holder (or the agent of a holder), which can be documented and which reflects an owner’s awareness of the existence of the property. “Indication of interest” does not include recurring Automated Clearing House (ACH) transfers, automated postings to accounts, computer system conversions, the non-return of mail, and other actions that are not owner-initiated or do not require a direct owner response.
Indication of Interest means a non-firm expression of trading interest transmitted by a Participant, Sponsored Access Firm or Registered Trader that reflects price, together with side of the market (buy or sell) and/or quantity.
Indication of Interest means an indication of interest for a Contract that is not executable.

Examples of Indication of Interest in a sentence

  • Each of the Parties agrees to take the steps necessary to ensure that any privilege attaching as a result of Company Counsel representing the Company in connection with the Transactions, and the Indication of Interest shall survive the Closing, remain in effect, and be assigned to and controlled by the Sole Member (or its successor or assign).


More Definitions of Indication of Interest

Indication of Interest or “IOI” means a Trade Request that is not Firm and Complete.
Indication of Interest means a non-firm expression of trading interest transmitted by a Participant, Sponsored Access Firm or Registered Trader containing the following: side (buy or sell), quantity and price.
Indication of Interest means the submission to the underwriters of the New Bonds Offering, prior to the expiration of the Preferred Tender Period, of a firm bid for an amount certain of the New Bonds (specifically, where the principal amount of New Bonds is equal to the Tender Value divided by the price of the New Bonds) at an indicated price.
Indication of Interest is defined in Section 5.9.1.
Indication of Interest means the non-binding indication of interest letter dated as of May 26, 2011 between Buyer, National and Sellers.
Indication of Interest means an evidence of interest from the Client, which is not an actionable indication of interest, showing non-binding interest in buying a Financial Instrument, which does not create any legal obligation for Crédit Agricole CIB.
Indication of Interest shall have the meaning set forth in Section 3.1 of this Agreement.