Examples of Off Market in a sentence
Update Child NMI Status Code to ‘N’ (Off Market NMI) within five business days of theconnection point no longer being settled in the NEM.
The Off Market Redemption Price will be determined by Citi in its absolute discretion, but cannot be less than the lowest Market Price for Sale CitiFirst Instalment MINIs on the Off Market Redemption Trading Day, and is net of the Off Market Redemption Fee.
Holders may also offer to sell their CitiFirst Instalment MINIs to Citi using an Off Market Redemption Notice on or before the Maturity Date but there is no guarantee that an offer to sell under an Off Market Redemption Notice will be accepted.
If it is accepted, the Holder may not receive the Off Market Redemption Price until 10 Business Days after the Off Market Redemption Trading Day.
When the Off Market Redemption Price is then paid by Citi to the Holder, the CitiFirst Instalment MINI will terminate, the amounts owing under the Loan are taken to have been repaid and the Security Interest is discharged, and Citi is entitled to the Underlying Parcel.