Examples of Specified Option in a sentence
An “EEM Specified Option Class” is a class in which the EEM has designated as a class to be protected via ARM-E.
The System will maintain a counting program ("EEM Counting Program") for each participating EEM who has submitted an order in an EEM Specified Option Class using a specified MPID of the EEM and delivered via the MEO Interface as described herein (an “EEM ARM Eligible Order”).
The System will engage the Aggregate Risk Manager for EEMs (“ARM-E”) in a particular EEM Specified Option Class when the EEM Counting Program has determined that an EEM has executed during the EEM Specified Time Period a number of EEM ARM Contracts from an EEM ARM Eligible Order equal to or above their EEM Allowable Engagement Percentage.
The EEM may also establish for each EEM Specified Option Class an EEM Allowable Engagement Percentage.
ARM-E will then, until the EEM sends a notification to the System of the intent to reengage and submits a new order in the EEM Specified Option Class: (i) automatically cancel the EEM ARM Eligible Orders in all series of that particular EEM Specified Option Class and (ii) reject new EEM ARM Eligible Orders by the EEM in all series of that particular EEM Specified Option Class submitted using the MEO Interface.
As a Specified Option, the Proposal shall include monitors to display rapid draw game drawings.
When the EEM Realized Engagement Percentage equals or exceeds the EEM Allowable Engagement Percentage the ARM-E will cancel and reject the EEM ARM Eligible Orders in the EEM Specified Option Class as described above.
We do not guarantee the increased service levels under our Customer Service Guarantee (CSG) Policy or guarantee a continuous or fault-free voice service to Priority Assistance customers.
Following the Effective Time, any such canceled Specified Option shall entitle the former holder of such Specified Option only to the payment described in this Section 5.4(a), which shall be paid by the Surviving Corporation within 10 Business Days after the Effective Time.
A Specified Option must be proposed by the Responding Contractor based upon the quantities and hypothetical acquisition timing provided in the RFP.