Auction Method definition

Auction Method means a method of determining Dividend Periods and dividend rates for the Auction Preferred of a Series pursuant to the Auction Procedures.
Auction Method means the method of determining the duration of Dividend Periods and Dividend Rates for the Shares of Variable Cumulative Preferred Stock of a Series pursuant to the procedures described in paragraph D of Section 5 hereof.
Auction Method means: The Selling Agent will sell the Collateral in the name of and on behalf of the Issuer as follows: The Selling Agent shall attempt to obtain firm bid quotations with respect to the Collateral (each a "Quotation") from five or more dealers experienced in the loan market (the "Dealers") as soon as reasonably practicable following the occurrence of a Mandatory Redemption Event and in any event no later than 30 Business Days following the relevant Mandatory Redemption Notification Date (the "Valuation Date"). The Dealers shall be selected by the Selling Agent in a commercially reasonablemanner, provided that Lucida plc ("Lucida") shall be amongst the selected Dealers. The final sale price of the Collateral (the "Final Price") shall be the highest Quotation received by the Selling Agent on or prior to the Valuation Date. Lucida shall have the right in respect of any Quotation received from any other Dealer to provide an identical matching firm bid quotation (a "Matching Quotation") within 3 hours of the original Quotation being notified to Lucida by the Selling Agent during normal business hours`. If such Matching Quotation is provided by Lucida and the relevant Quotation is the highest Quotation (or equal highest Quotation) out of all the Quotations received, the Selling Agent shall accept the Matching Quotation from Lucida. Subject to the provisions of the immediately preceding paragraph, the Selling Agent shall, on behalf of the Issuer, sell (or where it is not legally possible for the Selling Agent to do so, the Issuer shall sell) as soon as reasonably practicable on or after the date on which the final Quotation has been obtained, the Collateral to the Dealer providing the highest Quotation. Should the Selling Agent fail to receive any Quotations on or before the Valuation Date, then the Final Price shall be zero.

Examples of Auction Method in a sentence

  • An order book of bids is maintained by the Book Runner, which is then used to determine the Strike Price through the “Dutch Auction Method”.Under the Dutch Auction Method, the Strike Price is determined by lowering the Bid Price to the extent that the total number of shares issued through the Book Building process are subscribed.

  • Under the Dutch Auction Method, the strike price is determined by lowering the price to the extent that the total number of shares that the Issuer intends to issue through the Book Building process is subscribed.

  • Auction Method will be used for determination of the cut-off Spread as per the following procedure.

  • Under the Dutch Auction Method, the Strike Price is determined by lowering the Bid Price to the extent that the total number of shares offered through the Book Building process are subscribed.

  • Under the Dutch Auction Method, the strike price is determined by lowering the price to the extent that the total number of shares that the issuer intends to issue through the Book Building process are fully subscribed.

  • Following Redelivery, the Owner shall, at its own risk and cost, cause the Vessel to be moved promptly from Singapore anchorage to the Project Site (“Sailaway”).

  • Under the Dutch Auction Method, the Strike Price is determined by lowering the price to the extent that the total number of shares that the Issuer intends to Issue through the Book Building process is subscribed.

  • NAMES OF RELATED EMPLOYEES OF THE ISSUER AND BOOK RUNNER ARE PROVIDED IN SECTION 2.26 Once the Bidding Period has lapsed and the book has been built, the, Strike Price shall be determined on the basis of Dutch Auction Method.

  • An order book of Bids is maintained by the Book Runner, which is then used to determine the Strike Price through the “Dutch Auction Method”.Under the Dutch Auction Method, the Strike Price is determined by lowering the Bid Price to the extent that the total number of shares offered through the Book Building process are subscribed.

  • Under the Dutch Auction Method, the Strike Price is determined by lowering the Bid Price to the extent that the total number of shares issued through the Book Building process are subscribed.


More Definitions of Auction Method

Auction Method. Traditional: Conditional:
Auction Method means the method of determining Dividend Periods and Dividend Rates for the shares of Variable Cumulative Preferred Stock described in Subsection D of Section Four.

Related to Auction Method

  • Balance Computation Method We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day. Compounding and Crediting: Interest is compounded daily and calculated on a 365/366 day basis. Interest is credited on a monthly basis.

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Selection Criteria means and includes all of the requirements, considerations,

  • Random selection basis means a mechanism for selection of employees that:

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Benchmarked Rates means the Framework Prices for the Benchmarked Services;

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Approved Pricing Service means a pricing or quotation service as set forth in Schedule 1.01(a) or any other pricing or quotation service approved by the Board of Directors of the Borrower and designated in writing to the Administrative Agent (which designation shall be accompanied by a copy of a resolution of the Board of Directors of the Borrower that such pricing or quotation service has been approved by the Borrower).

  • Standard Methods means the examination and analytical procedures set forth in the most recent edition of "Standard Methods for the Examination of Water and Wastewater" published jointly by the American Public Health Association, the American Water Works Association, and the Water Pollution Control Federation.

  • Selective Routing is a service which automatically routes an E911 call to the PSAP that has jurisdictional responsibility for the service address of the telephone that dialed 911, irrespective of telephone company exchange or Wire Center boundaries.

  • Payment Method means a payment method that Stripe accepts as part of the Stripe Payments Services (e.g., a Visa credit card, Klarna).

  • Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 6566412 180 14 $99,643.00 $51,000.00 $578.06 713 0300745072 6 179 1 $121,597.00 11/09/2001 49 High Point NC 27265 02 10.950 124 $50,887.32 11/20/2016 2 6566414 180 14 $95,000.00 $30,000.00 $355.24 791 0300744828 6 179 1 $100,000.00 11/07/2001 35 Kansas City MO 64119 02 11.750 125 $29,938.51 11/15/2016 2 6566416 180 14 $32,275.00 $42,500.00 $481.72 705 0300744893 6 178 1 $65,000.00 10/18/2001 37 Hastings NE 68901 02 10.950 116 $42,311.33 10/23/2016 2 6566418 180 14 $227,050.00 $60,000.00 $663.24 680 0300744851 6 179 1 $239,000.00 11/05/2001 43 Apollo Beach FL 33572 02 10.500 121 $59,861.76 11/09/2016 2 6566420 180 14 $79,086.00 $40,900.00 $427.09 687 0300745023 6 179 1 $96,000.00 11/07/2001 32 Lenoir City TN 37772 02 9.500 125 $40,900.00 11/13/2016 2 6566422 180 14 $111,186.00 $40,000.00 $473.65 723 0300744927 6 179 1 $135,766.00 11/03/2001 47 Sheffield OH 44054 02 11.750 112 $39,835.23 11/08/2016 2 6566424 180 14 $40,351.00 $51,800.00 $555.06 722 0300744539 6 179 1 $73,795.00 11/07/2001 38 Ottawa KS 66067 02 9.950 125 $51,583.84 11/13/2016 2 6566426 180 14 $116,191.00 $75,000.00 $794.52 705 0300744745 6 179 1 $160,000.00 11/07/2001 36 Greenfield WI 53221 02 9.750 120 $74,622.69 11/13/2016 2 6566428 180 14 $53,200.00 $35,500.00 $397.94 738 0300744612 6 179 1 $72,000.00 11/07/2001 32 Columbus NE 68601 02 10.750 124 $35,420.08 11/13/2016 2 6566430 180 14 $154,825.00 $49,400.00 $546.07 692 0300744588 6 179 1 $163,450.00 11/06/2001 38 Presno CA 93720 02 10.500 125 $49,286.18 11/12/2016 2 6566432 300 14 $161,667.00 $65,000.00 $607.92 762 0300744513 8 299 1 $200,506.00 11/03/2001 38 Edgewood WA 98372 02 10.380 114 $64,954.06 11/08/2026 2 6566434 180 14 $148,689.00 $50,000.00 $560.47 717 0300744778 6 179 1 $161,250.00 11/08/2001 37 New Windsor NY 12553 02 10.750 124 $49,887.45 11/14/2016 2 6566436 180 14 $218,000.00 $35,000.00 $449.77 659 0300744752 6 179 1 $214,000.00 11/06/2001 43 Parker CO 80134 02 13.300 119 $34,938.15 11/13/2016 2 6566438 180 14 $129,500.00 $43,000.00 $488.47 689 0300744737 6 179 1 $138,000.00 11/08/2001 41 Waukee IA 50263 02 10.990 125 $42,905.34 11/14/2016 2 6566658 300 14 $138,794.00 $33,000.00 $369.08 686 0300753886 8 299 1 $138,794.00 11/05/2001 49 Westland MI 48186 02 12.880 124 $32,984.98 11/13/2026 2 6567198 301 14 $96,954.00 $37,200.00 $384.94 711 0300738812 8 299 1 $111,000.00 10/26/2001 44 Montgomery AL 36116 02 11.750 121 $37,164.25 11/01/2026 2 6567746 181 14 $111,362.00 $35,000.00 $469.05 654 0300758810 6 179 1 $128,062.00 10/20/2001 33 Keizer OR 97303 02 14.130 115 $34,942.93 11/06/2016 2 6567770 121 14 $42,548.00 $13,500.00 $191.74 701 0300738978 5 119 1 $45,000.00 10/15/2001 30 Bridgeport OH 43912 02 11.750 125 $13,432.19 11/01/2011 2 6568040 180 14 $171,000.00 $48,200.00 $570.75 701 0300739042 6 179 1 $191,029.00 11/06/2001 41 LEICESTER MA 01524 02 11.750 115 $48,100.96 11/13/2016 2 6568200 180 14 $108,608.00 $53,500.00 $659.40 690 0300764354 6 179 1 $152,178.00 11/09/2001 41 Las Vegas NV 89117 02 12.500 107 $53,397.89 11/15/2016 2 6568410 181 14 $51,550.00 $29,000.00 $359.79 707 0300742384 6 180 1 $70,000.00 11/07/2001 27 Matheson CO 80830 02 12.630 116 $29,000.00 12/01/2016 2 Page 494 of 526

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Selective Router means the equipment necessary for Selective Routing. "Selective Routing" is the automatic routing of 911/E911 calls to the PSAP that has jurisdictional responsibility for the service address of the caller, irrespective of telephone company exchange or Wire Center boundaries. Selective Routing may also be used for other services.

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Procurement Methods means any one of the procurement modes / methods as provided in the Punjab Procurement Rules 2014 published by the Punjab Procurement Regulatory Authority (PPRA), Government of Punjab, as amended from time to time.

  • Benchmarked Price means the higher of:

  • Simple Interest Method means the method of allocating a fixed level payment to principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of the fixed rate of interest multiplied by the unpaid principal balance multiplied by the period of time elapsed since the preceding payment of interest was made and the remainder of such payment is allocable to principal.

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Catalog Pricing and Pricing Requirements