Auction Winner definition

Auction Winner means, with respect to the Net Auction Swap of each Maturity Bucket, the Auction Participant that has submitted the winning price for such Net Auction Swap and in respect its Winning Account, as determined by OTC Clear in accordance with Appendix 1 to this Supplement.
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Auction Winner means the legal entity who signs the REZ Contract and commits and undertakes to execute the Works subject to the Auction,
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Auction Winner. As defined in Section 10.01 hereof.
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Examples of Auction Winner in a sentence

  • The Clearing House shall update its books and records to reflect the Discounting Risk Swaps, Cash Compensation Contracts, Cash Valuation Change Amounts (USD), Cash Valuation Change Amounts (MXN), Auction Winner Amounts and Cash Only Client Position Account Auction Adjustments resulting from the operation of this Annex and the Cash Settlement Schedule.

  • If the Auction Winner’s Winning Bid Price is a price that by reference to the Mid-Price is (a) in favor of the Clearing House, the Auction Winner Amount shall be a negative amount or (b) in favor of the Auction Winner, the Auction Winner Amount shall be a positive amount.

  • However, neither the Clearing House nor an FCM Clearing Member shall be required to pay any amounts under a Cash Compensation Contract other than the Cash Valuation Change Amount (USD), Cash Valuation Change Amount (MXN), Cash Only Client Position Account Auction Adjustment or Auction Winner Amount (as applicable) to which such Cash Compensation Contract relates.

  • For the purposes of this Annex: Auction Adjustment per Unit means, in relation to a Maturity Bucket, an amount in USD equal to (i) the aggregate of all Auction Winner Amounts for that Maturity Bucket divided by (ii) the total notional amount of Discounting Risk Swaps in that Maturity Bucket which have been liquidated pursuant to the Cash Settlement Schedule.

  • The payment shall include as the payment identification number (variabilní symbol) the company identification number (IČO) of the Auction Winner.

  • In Colorado Interstate, supra, it was the need for a pipeline easement that also created a disproportionate award.”72 Under the identical language in the U.S. Constitution, the United States Supreme Court determined, “Such compensation means the full and perfect equivalent in money of the property taken.

  • For the avoidance of doubt, the above steps shall not apply to determine the identity of the Auction Winner and shall only be applicable to determine the Mid-Price in relation to each Maturity Bucket.

  • Chapter 6 Algorithms for Solving the Combinatorial Auction Winner Determination Problem We present two branch-and-bound algorithms that exploit instances’ particular bid structures to find optimal solutions to the WDP, using contextual information to make upper bounds tighter.

  • The participating auction bidder to offer the lowest discount for purchasing one barrel of oil will be nominated as the Auction Winner.

  • The Clearing House shall update its books and records to reflect the Discounting Risk Swaps, Cash Compensation Contracts, Cash Valuation Change Amounts (USD), Cash Valuation Change Amounts (MXN), Auction Winner Amounts and Cash Only Client Position Account Auction Adjustments resulting from the operation of this Annex and the Cash SettlementSchedule.


More Definitions of Auction Winner

Auction Winner means the individual or organization paying the highest bid compared to the starting price, or paying the starting price if no bidder makes a higher bid than the starting price in an ascending price auction; or the individual or organization accepting the starting price orthe reduced price in the case of a descending price auction.
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Related to Auction Winner

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

  • Supplier/ Successful or Selected bidder means the person, private or government entity, or a combination of the above, whose Bid to perform the Contract has been accepted by the Purchaser and is named as such in the Agreement, and includes the legal successors or permitted assigns of the successful/ selected bidder.

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Auction Revenue Rights or “ARRs” shall mean the right to receive the revenue from the Financial Transmission Right auction, as further described in Operating Agreement, Schedule 1, section 7.4, and the parallel provisions of Tariff, Attachment K-Appendix.

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Successful Bidder As defined in Section 7.01(c).