Senior Threshold Price definition

Senior Threshold Price means, with respect to a Lot, an amount (expressed in dollars, with a negative number meaning an amount payable by ICE Clear Credit) equal to AP minus ½ of the PRI. Solely for purposes of the calculation of the Senior Threshold Price, AP will be the Auction Clearing Price that would have been determined with respect to 100% of the Lot (or the applicable fill percentage) originally proposed to be auctioned, even if the actual Auction Clearing Price is ultimately determined based on only a portion of such Lot pursuant to paragraph 5.5.
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Examples of Senior Threshold Price in a sentence

  • The term " Split Bidder" means, with respect to an Auction Lot, a Primary CDS Auction Participant or Secondary CDS Auction Participant (as applicable) whose BP for the Auction Lot is between the Senior Threshold Price and the Subordinate Threshold Price (inclusive).

  • The term " Senior Threshold Price" means, with respect to an Auction Lot, an amount (expressed in EUR, with a negative number meaning an amount payable by the Clearing House) equal to AP minus ½ of the PRI.

  • The details of the specifications are available within the applicable TSIs (available from OJUE and on the Agency’s website), the NTSNs, and in the Channel Tunnel Reference Document for Cross-Acceptance39 (available on the IGC’s website).

  • Split Bidder" means, with respect to aan Auction Lot, a Primary CDS Auction Participant or Secondary CDS Auction Participant (as applicable) whose BP for the Auction Lot is between the Senior Threshold Price and the Subordinate Threshold Price (inclusive).

  • Unless otherwise stated herein, any notice required or provided for under this Agreement shall be in writing and may be sent by electronic mail or hand delivery, postage prepaid, as follows: If to Class Counsel: Xxxx X.

  • The term " Senior Threshold Price" means, with respect to a Lot, an amount (expressed in EUR, with a negative number meaning an amount payable by the Clearing House) equal to AP minus ½ of the PRI.

  • The term " Senior Bidder" means, with respect to a Lot, a CDS Auction Participant whose BP for the Lot is more competitive than the Senior Threshold Price.

Related to Senior Threshold Price

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Average VWAP per Common Unit over a certain period shall mean the arithmetic average of the VWAP per Common Unit for each Trading Day in such period.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • VWAP means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.