Common use of Value Clause in Contracts

Value. For the purpose of Paragraph 4(a)(4)(i)(C) and Paragraph 4(a)(4)(ii), the Value of the outstanding Credit Support Balance or of any transfer of Eligible Credit Support or Equivalent Credit Support, as the case may be, will be calculated as follows: Disputes over Value will be resolved by the Valuation Agent seeking three bid quotes as of the relevant Valuation Date or date of Transfer from parties that regularly act as dealers in the securities or other property in question. The Value will be the arithmetic mean of the bid quotes received by the Valuation Agent multiplied by the applicable Valuation Percentage.

Appears in 35 contracts

Samples: Credit Support Annex, Credit Support Annex, Credit Support Annex

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Value. For the purpose of Paragraph 4(a)(4)(i)(C) and Paragraph 4(a)(4)(ii), the Value of the outstanding Credit Support Balance or of any transfer of Eligible Credit Support or Equivalent Credit Support, as the case may be, will be calculated as follows: follows:β€Œ Disputes over Value will be resolved by the Valuation Agent seeking three bid quotes as of the relevant Valuation Date or date of Transfer from parties that regularly act as dealers in the securities or other property in question. The Value will be the arithmetic mean of the bid quotes received by the Valuation Agent multiplied by the applicable Valuation Percentage.

Appears in 32 contracts

Samples: Credit Support Annex, Credit Support Annex, Credit Support Annex

Value. For the purpose of Paragraph 4(a)(4)(i)(C) and Paragraph 4(a)(4)(ii), the Value of the outstanding Credit Support Balance or of any transfer of Eligible Credit Support or Equivalent Credit Support, as the case may be, will be calculated as follows: Disputes over Value will be resolved by the Valuation Agent seeking three bid mid-market quotes as of the relevant Valuation Date or date of Transfer from parties that regularly act as dealers in the securities or other property in question. The Value will be the arithmetic mean of the bid quotes received by the Valuation Agent multiplied by the applicable Valuation Percentage.

Appears in 5 contracts

Samples: Credit Support Annex, Credit Support Annex, Credit Support Annex

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Value. For the purpose of Paragraph 4(a)(4)(i)(C4(a)(i)(4)(i)(C) and Paragraph 4(a)(4)(ii4(a)(i)(4)(ii), the Value of the outstanding Credit Support Balance or of any transfer of Eligible Credit Support or Equivalent Credit Support, as the case may be, will be calculated as follows: Disputes over Value will be resolved by the Valuation Agent seeking three bid mid-market quotes as of the relevant Valuation Date or date of Transfer from parties that regularly act as dealers in the securities or other property in question. The Value will be the arithmetic mean of the bid quotes received by the Valuation Agent multiplied by the applicable Valuation Percentage.

Appears in 2 contracts

Samples: Credit Support Annex, Credit Support Annex

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