Examples of Minimum Quotation Amount in a sentence
Valuation Time: 11:00 am New York time Quotation Method: Bid Quotation Amount: Floating Rate Payer Calculation Amount Minimum Quotation Amount: 10% of the relevant Floating Rate Payer Calculation Amount, subject to a minimum of USD 1,000,000.
If neither a Weighted Average Quotation nor a single Full Quotation is available on the Valuation Cut-off Date as provided above, but one or more firm quotations for an amount which is equal to or less than the Minimum Quotation Amount is available on the Valuation Cut-off Date, then the weighted average of such firm quotations will be deemed to be the highest Quotation and a quotation will be deemed to be zero for the balance of the quotation amount for which firm quotations were not obtained.
Minimum Quotation Amount means the amount specified as such in this Prospectus (or its equivalent in the relevant Obligation Currency) or, if no amount is so specified, the lower of (a) USD 1,000,000 (or its equivalent in the relevant Obligation Currency) and (b) the Quotation Amount.
If a single Full Quotation is not available, but one or more firm quotations for an amount equal to or less than the Minimum Quotation Amount is available, then the weighted average of such firm quotations will be used to determine the Final Price.
If one or more firm quotations for an amount equal to or less than the Minimum Quotation Amount are not available the Quotations will be zero.