Examples of Valuation in a sentence
Eligible Credit Support demanded but not received by a Party prior to a Valuation Time shall be deemed to be held by it, provided that the transfer of such Eligible Credit Support is due on or after such Valuation Time.
Upon demand by a Party (the “Transferee”) on or promptly following a Valuation Day, the other Party (the “Transferor”) shall transfer to the Transferee Eligible Credit Support in an amount equal to the amount by which the Credit Support Amount of the Transferee exceeds the Eligible Credit Support held by the Transferee at the Valuation Time.
If the Parties fail to resolve a dispute by the Resolution Time, then the Valuation Agent will recalculate the Eligible Credit Support to be transferred and/or the Value of Eligible Credit Support as of the Recalculation Day in accordance with the Auction Rules.
In the event of Early Termination of the Agreement, the Valuation Agent shall determine the Base Currency Equivalent of all Eligible Credit Support provided under this Annex as of the Early Termination Date.
Upon written request by the Transferor on or promptly following a Valuation Day, the Transferee shall within three (3) Business Days of receipt of such request, transfer to the Transferor Eligible Credit Support in an amount equal to the amount by which the Eligible Credit Support held by the Transferee exceeds the Credit Support Amount of the Transferee at the Valuation Time.