Mark-to-Market Value definition

Mark-to-Market Value means at any time an amount which would be payable to the Protection Buyer (expressed as a positive) or by the Protection Buyer (expressed as a negative) pursuant to Section 6(e) of the Agreement as though an Early Termination Date had been designated as a result of a Termination Event under the Agreement for which the Protection Seller was the sole Affected Party and the only Affected Transaction was the Transaction in respect of which a Mark-to-Market Value was being determined.

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Mark-to-Market Value means, in respect of a particular Transaction, an amount denominated in the Base Currency determined by us which represents the mark-to-market value of that Transaction, which shall be a positive amount when we have an exposure to you and a negative amount when you have an exposure to us.

Mark-to-Market Value means, at any time, an amount which would be payable to Party A (expressed as a positive) or by Party A (expressed as a negative) pursuant to Section 6(e) of the Agreement as though an Early Termination Date had been designated as a result of a Termination Event under the Agreement for which Party B was the sole Affected Party and the only Affected Transaction was this Transaction.

Examples of Mark-to-Market Value in a sentence

The Parties further agree that for the purposes of calculating the Collateral Requirement pursuant to Paragraph 3 of the Collateral Annex, the Current Mark-to-Market Value for this Transaction is deemed to be zero.
If at any time prior to the expiration of the Delivery Period, a liquid market for the Product develops wherein price quotes for such a product can be obtained, the Parties agree to amend the Confirmation to include a methodology for calculating the Current Mark-to-Market Value for this Transaction, consequently affecting each Party's Exposure.
If at any time prior to the expiration of the Delivery Period, a liquid market for a resource adequacy Capacity product develops wherein price quotes for such a product can be obtained, the Parties agree to amend the Confirmation to include a methodology for calculating the Current Mark-to-Market Value for this Transaction.
If, as a result of such reassessment, Buyer determines, in its discretion, that the Market Value for such Purchased Asset has increased, and has received all required internal credit approvals necessary to do so, the Current Mark-to-Market Value shall be revised accordingly, subject to further adjustment as otherwise provided in this Agreement.
If at any time prior to the expiration of the Delivery Period, a liquid market for an RA Capacity product develops wherein price quotes for such a product can be obtained from 3 independent third parties, the Parties agree to amend the Confirmation to include a methodology for calculating the Current Mark-to-Market Value for this Transaction, consequently affecting each Party's Exposure (as defined in Paragraph 1 of the Collateral Annex).

More Definitions of Mark-to-Market Value

Mark-to-Market Value means the net present value, discounted to present value at the prime rate of interest, of: (1) the Contract Price for the Product remaining to be sold thereunder minus the Forward Market Price, multiplied by (2) the quantity of Product to be sold but not yet delivered.

Mark-to-Market Value means the amount as we may determine of your loss or gain, whether realised or unrealised, under each Contract.

Mark-to-Market Value means the mark-to-market value of the relevant Hedge Contract to the Company that is party to such Hedge Contract (either positive or negative) as calculated by Seller in good faith as of the Adjustment Time. If the Company party to such Hedge Contract is “in the money” with respect to such Hedge Contract, the Mark-to-Market Value of that transaction will be a positive number.

Mark-to-Market Value means the fair market value of an asset or liability as determined by reference to current market prices or quotations for identical or comparable assets or liabilities, as of the applicable measurement date, in an active and orderly market.

Mark-to-Market Value means, with respect to any asset, the following:

Mark-to-Market Value means a EUR amount equal to: