Maximum Quotation Amount definition

Maximum Quotation Amount means (i) where the Credit Position is not specified to be a percentage, the Credit Position of the relevant Reference Entity, save that in the case of a Reference Entity in respect of which an Event Determination Date relating only to an M(M)R Restructuring has occurred, the Maximum Quotation Amount shall be equal to the relevant Exercise Amount and (ii) where the Credit Position is specified to be a percentage, the amount specified in the Pricing Supplement or, if no such amount is specified in the Pricing Supplement, U.S.$ 100,000,000, save that in the case of a Reference Entity in respect of which an Event Determination Date relating only to an M(M)R Restructuring has occurred, the Maximum Quotation Amount shall be equal to the amount determined in accordance with the foregoing multiplied by the quotient of the relevant Exercise Amount (as numerator) and the Credit Position (as denominator).
Maximum Quotation Amount means (i) where the Credit Position is not specified to be a percentage, the Credit Position of the relevant Reference Entity, save that in the case of a Reference Entity in respect of which an Event Determination Date relating only to a Restructuring has occurred and in respect of which either “Restructuring Maturity Limitation and Fully Transferable Obligation Applicable” or “Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation Applicable” is specified in the relevant Standard and “Multiple Credit Event Notices” is also specified as being applicable in such Standard, the Maximum Quotation Amount shall be equal to the relevant Exercise Amount and (ii) where the Credit Position is specified to be a percentage, the amount specified in the Swap Agreement or, if no such amount is specified in the Swap Agreement, U.S.$100,000,000, save that in the case of a Reference Entity in respect of which an Event Determination Date relating only to a Restructuring has occurred and in respect of which either “Restructuring Maturity Limitation and Fully Transferable Obligation Applicable” or “Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation Applicable” is specified in the relevant Standard and “Multiple Credit Event Notices” is also specified as applicable in such Standard, the Maximum Quotation Amount shall be equal to the amount determined in accordance with the foregoing multiplied by the quotient of the relevant Exercise Amount (as numerator) and the Credit Position (as denominator).
Maximum Quotation Amount means the amount specified in the Swap Agreement or, if no such amount is specified, USD 20,000,000

Examples of Maximum Quotation Amount in a sentence

  • Maximum Quotation Amount (for any Reference Obligation not classified as a CDO):USD30,000,000 in respect of Reference Obligations with a S&P Rating of 'AAA' or with a Moody's Rating of 'Aaa' and in respect of which the initial issuance amount was at least USD300,000,000 and USD20,000,000 for any other Reference Obligations.

  • Quotation Amount: Equivalent Hedge Notional in respect of the relevant Reference Entity, subject to the Maximum Quotation Amount (as specified in the applicable CDS Transaction Supplement).

  • Maximum Quotation Amount: In respect of each Reference Obligation USD 20,000,000(or its equivalent in the relevant Obligation Currency converted by the Calculation Agent in a commercially reasonable manner).

  • Maximum Quotation Amount: USD 20,000,000.Dealers: Section 7.15 of the Credit Derivatives Definitions shall not apply and “Dealers” shall mean at least five leading dealers in obligations of the type of the relevant Defaulted Reference Obligation as determined by the Calculation Agent in its sole and absolute discretion, provided that HSHN SecuritiesS.A. shall in all cases be one of the selected Dealers.

  • In addition, in such case, action will be initiated in line with BHEL’s extant guidelines for Suspension of Business dealings with Suppliers.


More Definitions of Maximum Quotation Amount

Maximum Quotation Amount means (i) where the Credit Position is not specified to be a percentage, the Credit Position of the relevant Reference Entity, save that in the case of a Reference Entity in respect of which an Event Determination Date relating to a Restructuring has occurred and in respect of which either “Restructuring Maturity Limitation and Fully Transferable Obligation Applicable” or “Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation Applicable” is specified in the relevant Standard and “Multiple Credit Event Notices” is also specified as being applicable in such Standard, the Maximum Quotation Amount shall be equal to the relevant Exercise Amount and (ii) where the Credit Position is specified to be a percentage, the amount specified in the Swap Agreement or, if no such amount is specified in the Swap Agreement, U.S.$100,000,000, save that in the case of a Reference Entity in respect of which an Event Determination Date relating to a Restructuring has occurred and in respect ofwhich either “Restructuring Maturity Limitation and Fully Transferable Obligation Applicable” or “Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation Applicable” is specified in the relevant Standard and “Multiple Credit Event Notices” is also specified as applicable in such Standard, the Maximum Quotation Amount shall be equal to the amount determined in accordance with the foregoing multiplied by the quotient of the relevant Exercise Amount (as numerator) and the Credit Position (as denominator). Section 7.14. Valuation Time. “Valuation Time” means, as selected by the Calculation Agent in its sole discretion, any time at or after 11.00 a.m. London time. Section 7.15. Dealer. “Dealers” means, as selected by the Calculation Agent in its sole discretion, at least five dealers which are either (i) dealers in obligations of the type of obligations for which quotations are to be obtained (which may include any such dealer which is an Affiliate of the Calculation Agent) or (ii) named in the Swap Agreement or, as the case may be, the Final Terms (including the respective Successors of such named dealers). Section 7.16. Representative Amount. N/AARTICLE VIII TERMS RELATING TO PHYSICAL SETTLEMENT Section 8.1. Physical Settlement. N/A Section 8.2. Deliver. N/A Section 8.3. Delivery Date. N/A Section 8.4. Physical Settlement Date. N/A Section 8.5. Physical Settlement Amount. N/A Section 8.6. Physical Settlement Period. N/A Section 8.7. P...
Maximum Quotation Amount means (i) where the Credit Position of the affected Reference Entity is less than or equal to
Maximum Quotation Amount means EUR 20,000,000 (or its equivalent in the relevant Asset Currency).
Maximum Quotation Amount means USD 25,000,000 (or its equivalent in the relevant Obligation Currency).
Maximum Quotation Amount means (i) where the Credit Position is not specified to be a percentage, the Credit Position of the relevant Reference Entity, save that in the case of a Reference Entity in respect of which a Restructuring Credit Event has occurred and in respect of which “Multiple Credit Event Notices” is specified as being applicable in the relevant Standard, the Maximum Quotation Amount shall be equal to the relevant Designated Amount and (ii) where the Credit Position is specified to be a percentage, the amount specified in the Swap Agreement or, if no such amount is specified in the Swap Agreement, U.S.$100,000,000, save that in the case of a Reference Entity in respect of which a Restructuring Credit Event has occurred and in respect of which “Multiple Credit Event Notices” is specified as being applicable in the relevant Standard, the Maximum Quotation Amount shall be equal to the amount determined in accordance with the foregoing multiplied by the quotient of the relevant Designated Amount (as numerator) and the Credit Position (as denominator). Section 7.14. Valuation Time. “Valuation Time” means, as selected by the Calculation Agent in its sole discretion, any time at or after 11.00 am London time. Section 7.15. Dealer. “Dealers” means, as selected by the Calculation Agent in its sole discretion, at least five dealers which are either (i) dealers in obligations of the type of obligations for which quotations are to be obtained (which may include any such dealer which is an Affiliate ofthe Calculation Agent) or (ii) named in the Swap Agreement or, as the case may be, the Final Terms (including the respective Successors of such named dealers). Section 7.16. Representative Amount. N/A
Maximum Quotation Amount means (i) where the Credit Position of the affected Reference Entity is less than or equal to €25,000,000, such Credit Position or (ii) where the Credit Position relating to the affected Reference Entity is greater than €25,000,000, €25,000,000.
Maximum Quotation Amount means (i) where the Credit Position of the affected Reference Entity in respect of any Class of Notes is less than or equal to €25,000,000, such Credit Position (subject to a minimum equal to the Minimum Quotation Amount) or (ii) where the Credit Position relating to the affected Reference Entity in respect of any Class of Notes is greater than€25,000,000, €25,000,000.