Auction Unit definition

Auction Unit means one unit or several identically composed units of DM Auction Transactions of the relevant applicable Liquidation Group (or, in consultation with the relevant DMC(s), parts thereof), as specified by Eurex Clearing AG for each DM Auction after consultation with the relevant DMC(s) (the “Auction Units” or each an “Auction Unit”). If the relevant DM Auction Transactions qualify as OTC Interest Rate Derivative Transactions, DM Auctions will be conducted with regard to one Auction Unit per currency in which the relevant DM Auction Transactions are denominated. Each Auction Unit will generally consist of all DM Auction Transactions denominated in the same currency.
Sample 1Sample 2Sample 3
Auction Unit means one unit of DM Auction Transactions of the relevant applicable Liquidation Group, as specified by Eurex Clearing AG after consultation with the relevant DMC(s).
Sample 1Sample 2Sample 3

Examples of Auction Unit in a sentence

  • The Minimum Hedging Auction Unit Number will be determined for each Hedging Auction and will (generally) be identical for all Hedging Auction Participants invited to such Hedging Auction.

  • Table 2: Optimal Solution for the OCM Auction Unit CommitmentPay theMCP=$100/MWEnergySchedule(MW) Table 3: Optimal Solution for the PCM Auction Unit CommitmentPay theMCP=$30/MWEnergySchedule(MW) production efficiency.

  • Minimum Hedging Auction Unit Number”) as specified by Eurex Clearing AG for such DM Hedging Auction (each a “Mandatory Hedging Bid”).

  • Sec- tion 3 describes the fundamental autonomic units presentApplication Auction Layer Auction Unit Platform Autonomic Layer Autonomic Communication Infrastructure Network Communication Layer Figure 1: Layered platform structure.

  • A Bid by an FCM Clearing Member constitutes an offer, to enter, pursuant to the FCM Regulations, into the DM Auction Transactions comprised in the relevant Auction Unit (as referred to in the Bid in accordance with the Auction Format) with Eurex Clearing AG at the Auction Price.

  • If(aa) Eurex Clearing AG decides toshall offer to each Non-Bidding Participant to enter with it into its respective Pro Rata Share of the DM Auction Transactions of the relevant Residual Auction Unit (aa)Units without undue delay after the DM Auction, at its Pro Rata Share of the highest Auction Price (as defined in the DM Auction Rules) for any Auction Unit that was accepted by Eurex Clearing AG for an Auction Unit in the respective DM Auction (the "Residual Auction Unit Price"), or (bb) thereafter.

  • Later in its development after entering the independence period of the Republic of Indonesia (hereinafter referred to as RI), the State Auction Unit is under the guidance of the Directorate General of Taxation (hereinafter referred to as DJP) (1960) under the name of the State Auction Office (hereinafter referred to as KLN) and the Year 1970 replaced its nomenclature become KLN.

  • Internet (Fifo, reliable, secure, and asynchronouscommunication) ASS11S9S10S7 (B5)S3 (B4)S8S6S1 (B1)S2(B2, B3)S4S5ASBasic Auction Unit Asynchronous Communication Synchronous Communication Figure 2.

  • These latter are realized through agents, that we named Auction Unit s (AUs), and the platform is thus a multi-agent platform.

  • Receiving a Bid-Request to participate in an auction process the Auction Unit (2) component is triggered by the On-Demand Information Service.

Related to Auction Unit

  • 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).

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • Generation Unit means a facility that converts a fuel or an energy resource into electrical energy.

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Creation Unit means an aggregation of a specified number of Shares as stated in the Prospectus for the applicable Fund.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Accumulation Unit is the unit of measure we use before the Income Date to keep track of the value of each Variable Sub-Account.

  • Diversion unit means any probation counselor who enters into

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.

  • Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other whole multiple of Units determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • Cogeneration unit means a unit that has equipment used to produce electric energy and forms of useful thermal energy (such as heat or steam) for industrial, commercial, heating or cooling purposes, through the sequential use of energy.

  • Remarketing Fee has the meaning specified in Section 5.4(b)(i).

  • Project Coordination Unit or “PCU” means the unit referred to in Section I.1 of Schedule 4 to this Agreement;

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.5.1(c)(ii) hereof.

  • Auction Party has the meaning set forth in the definition of “Dutch Auction”.

  • Auction Manager shall have the meaning set forth in Section 2.19(a).

  • Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

  • Auction Agent means (a) the Administrative Agent or (b) any other financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Discounted Term Loan Prepayment pursuant to Section 2.11(a)(ii); provided that the Borrower shall not designate the Administrative Agent as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no obligation to agree to act as the Auction Agent).

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • ACCUMULATION UNIT VALUE The Accumulation Unit Value for each Sub-Account was set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current period.