Auction Final Price definition

Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

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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

Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to the relevant Credit Derivatives Auction Settlement Terms.

Examples of Auction Final Price in a sentence

In respect of the Reference Entity, an amount equal to the greater of (i) (a) the Initial Notional Amount multiplied by (b) the Reference Price minus the Auction Final Price for the Reference Entity and (ii) zero.
For the avoidance of doubt, if more than one set of Deliverable Obligation Terms are published by the DC Secretary in respect of the Credit Derivatives Auction Settlement Terms relating to the Reference Entity, the relevant Auction for the purposes of determining the Auction Final Price shall be the Auction (if any) in respect of which the Deliverable Obligation Terms require that the relevant obligations be Not Subordinated to obligations which are of the same seniority as the Reference Obligation.
Auction Settlement Date: Five (5) Business Days following the Auction Final Price Determination Date.
For the avoidance of doubt, if an Event Determination Date Reversal Event has occurred prior to the related Auction Final Price Determination Date, a related Valuation Date, any related Physical Settlement Date (or Delivery Date, if earlier) or the Credit Protection Expiry Time, as applicable, the Conditions to Settlement shall be deemed not to have been satisfied with respect to the related Credit Event and Reference Entity for the purposes of the Credit Default Swap.
If the Bank elects to exercise its Movement Option, such exercise will affect the determination of the Auction Final Price.

More Definitions of Auction Final Price

Auction Final Price means the price, expressed as a percentage, determined pursuant to the Auction and published by ISDA;

Auction Final Price means the price, if any, specified to be the Auction Final Price in the Transaction Auction Settlement Terms with respect to the Reference Entity (expressed as a percentage) or, in the case of a Restructuring Credit Event in respect of which the Movement Option was exercised on or prior to the Movement Option Cut-Off Date, the price, if any, specified to be the Auction Final Price in the Parallel Auction Settlement Terms with respect to the Reference Entity (expressed as a percentage).

Auction Final Price means the price, expressed as a percentage, determined to be the Auction Final Price with respect to the Reference Entity under the relevant CDS Transaction pursuant to the relevant Credit Derivatives Auction Settlement Terms;

Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of the Credit Derivatives Auction Settlement Terms with respect to the relevant Reference Entity (expressed as a percentage).

Auction Final Price means the price determined to be the Auction Final Price pursuant to an Auction;

Auction Final Price. Auction Final Price (expressed as a percentage) has the meaning set forth in the Transaction Auction Settlement Terms in respect of the Reference Entity.