Offer Quotation definition
Offer Quotation means a firm offer quotation in respect of a Pay-As-You-Go credit default swap with a notional amount equal to the Valuation Reference Obligation Notional Amount and referencing the relevant Reference
Offer Quotation means, at any time on any day, an offer quotation in respect of the Valuation Transaction from any Eligible Dealer, provided that if no such quotations are available at such time then the Calculation Agent may (acting in good faith and a commercially reasonable manner) determine the Offer Quotation based on observable credit index tranche prices at such time (if any).
Examples of Offer Quotation in a sentence
If there is any contradictory statement or other inconsistency between these terms and conditions and in other sections of Supplier’s Offer then the Supplier’s Offer/ Quotation/ Proposal’s terms and conditions shall prevail to the extent of the contradiction or inconsistency.
If there is any contradictory statement or other inconsistency between these terms and conditions and in other sections of Contractor’s Offer then the Contractor’s Offer/ Quotation/ Proposal’s terms and conditions shall prevail to the extent of the contradiction or inconsistency.