Auction Desk definition

Auction Desk means the business unit of a Broker-Dealer that fulfills the responsibilities of the Broker-Dealer under a Broker-Dealer Agreement, including soliciting Bids for the Notes, and units of the Broker-Dealer which are not separated from such business unit by information controls appropriate to control, limit and monitor the inappropriate dissemination and use of information about Bids.
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Auction Desk means the business unit of a Broker-Dealer that fulfills the responsibilities of a Broker-Dealer, including soliciting Bids for shares of a series while they bear interest at the Applicable Rate.
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Auction Desk means the business unit of a Broker-Dealer that fulfills the responsibilities of the Broker-Dealer under a Broker-Dealer Agreement, including soliciting Bids for the AMPS, and units of
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Examples of Auction Desk in a sentence

  • In addition to the direct requests of Sales and Trading and the Auction Desk to Research for positive published material related to the auction market, undue influence was also exercised over the content of the published research reports.

  • The4 Auction Desk often consulted the investment bankers with respect to various ARS matters.5 13.

  • Just after the first hint of investor concern with the auction market, the Auction Desk and Sales and Trading immediately mobilized to stem the tide of negative news.

  • According to Conery’s work notebook, Price gave him embargoed information, including that Merrill had reached $1 billion in ARS inventory in October 2007 and that its “finance[s] are challenged.” On November 20, the day after the Auction Desk was directed to reduce ARS inventory, Conery had a detailed discussion with Price about the specific breakdown of Merrill’s ARS inventory position and its reduction plans.

  • Other times, Auction Desk Personnel attempted to directly influence how Research responded to FA questions during sales calls.

  • Where an Employee is called upon and agrees to use his or her private vehicle for official business, the Employee shall be paid the per kilometre allowance set out in Table 1A of Appendix 1 to this Agreement excluding travel to and from the Employees home to the first place of work and return to home at the end of his or her duties.

  • As Constable later admitted, Merrill’s Auction Desk should have been told about research only after it was published.

  • City Manager, Ryann Juden answered Mayor Lee's concerns by stating that he is glad to hear that staff is looking into this issue.

  • Merrill operated its ARS program through four units: an investment bank to underwrite the securities; an auction rate desk (“Auction Desk”) to act as a remarketing agent for the securities; a sales force (“Sales and Trading”) to sell ARS to retail customers, broker-dealers like Amegy, and other clients; and a research division (“Research Department”) to assist the Auction Desk in marketing and placing the securities.

  • These points will be used to build a painting history of lines painted and allow accurate billing.Each Bidder shall submit the documentation stated above under Paragraphs 1 - 4 with the bid package.


More Definitions of Auction Desk

Auction Desk. Means the business unit of a Broker-Dealer that fulfills the responsibilities of the Broker-Dealer under a Broker-Dealer Agreement, including soliciting Bids for the Auction Rate Securities, and units of the Broker-Dealer which are not separated from such business unit by information controls appropriate to control, limit and monitor the inappropriate dissemination and use of information about Bids.
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Auction Desk means the business unit of a Broker-Dealer that fulfills the responsibilities of a Broker-Dealer, including soliciting Bids for Tortoise Notes of a series while they bear interest at the Applicable Rate.
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Related to Auction Desk

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Auction Manager shall have the meaning set forth in Section 2.19(a).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Auction Final Price means the relevant auction final price that may be published by ISDA or any administrator of any auction coordinated by ISDA from time to time and that would be applicable to the senior, unsecured debt obligations issued or guaranteed by the relevant

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A.

  • Response Date has the meaning assigned to such term in Section 2.22(a).

  • Notice Date has the meaning specified in Section 2.10.

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.

  • Auction Agent means (a) the Administrative Agent or (b) any other financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Discounted Term Loan Prepayment pursuant to Section 2.05(a)(v); provided that the Borrower shall not designate the Administrative Agent as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no obligation to agree to act as the Auction Agent); provided, further, that neither the Borrower nor any of its Affiliates may act as the Auction Agent.

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Removal Notice Date means, with respect to the Removed Accounts designated hereby, , (which shall be a date on or prior to the fifth Business Day prior to the Removal Date).

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

  • public auction means a method of sale where goods or services are offered by the trader to consumers, who attend or are given the possibility to attend the auction in person, through a transparent, competitive bidding procedure run by an auctioneer and where the successful bidder is bound to purchase the goods or services;

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Successful Bidder” or “Successful E-Auction Process Participant means, the Qualified Bidder whose bid is approved and who is declared successful by the Liquidator at the end of the determined auction phase.C. INTRODUCTION

  • Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.