Available Broker Quotes definition

Available Broker Quotes has the meaning set forth in Appendix D. Balancing Authority has the meaning ascribed to such term in the MISO Agreements.
Sample 1Sample 2Sample 3
Available Broker Quotes has the meaning set forth in Appendix D.
Sample 1Sample 2Sample 3

Examples of Available Broker Quotes in a sentence

  • For a given month, the Available Broker Quotes used may be quoted specific to that month or for a multi-month block period containing the given month.

  • If the Companies obtain multiple Available Broker Quotes that contain a given month, the Available Broker Quote for the shortest available period will be used to calculate the Available Broker Quote used to set the Mark for the given month.

  • Thus, if [the Company / the Companies] or [its/their] agent [is / are] unable to obtain an Available Quote specific to that month, but can "back out" a monthly quote proxy using multi-month block Available Broker Quotes, the "backed out" price method will be utilized.

  • If the [Company / the Companies] [obtains / obtain] multiple Available Broker Quotes that contain a given month, the Available Broker Quote for the shortest available period will be used to calculate the Available Broker Quote used to set the Mark for the given month.

  • Thus, if the Companies or their agent are unable to obtain an Available Quote specific to that month, but can "back out" a monthly quote proxy using multi-month block Available Broker Quotes, the "backed out" price method will be utilized.

  • For months for which Available Broker Quotes cannot be obtained and pricing information is unavailable from alternative sources, each of the Companies will set the on-peak Initial Mark using a methodology that utilizes the best information available to each of the Companies at that time.

  • If the Companies or their agent cannot obtain Available Broker Quotes for certain months, alternative sources of price data will be relied on for setting the Initial Mark for the On-Peak Forward Market Price, to the extent such pricing data is available from the alternative sources.

  • Each Business Day during the term of this Agreement, [the Company / the Companies] will calculate the Mark for On-Peak Forward Market Prices based on the following methodology: ▪ For each month, if [the Company / the Companies] or [its /their] agent [is / are] able to obtain Available Broker Quotes (as defined above), [the Company / the Companies] will include such quotes in Table 2.

  • For months for which Available Broker Quotes cannot be obtained and pricing information is unavailable from alternative sources, [the Company / the Companies] will set the on-peak Initial Mark using a methodology that utilizes the best information available to [the Company / the Companies] at that time.

  • METHODOLOGY FOR SETTING INITIAL MARKS AND MARKS For the months for which [the Company / the Companies] or [its / their] agent can obtain Available Broker Quotes, the on-peak Initial Mark will equal the simple average of the bid and ask prices for those months where quotes are available.

Related to Available Broker Quotes

  • Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date.

  • Reference Treasury Dealer Quotation means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at or before 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • Error Quote (Spike) means an Error Quote with the following characteristics:

  • Request for Quotations means a Written or oral request for prices, rates or other conditions under which a potential Contractor would provide Goods or perform Services, Personal Services or Public Improvements described in the request.

  • Reference German Bund Dealer Quotations means, with respect to each Reference German Bund Dealer and any relevant date, the average as determined by the Issuer of the bid and offered prices for the Comparable German Bund Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such Reference German Bund Dealer at 3:30 p.m. Frankfurt, Germany time on the third Business Day preceding the relevant date.

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Reference Dealer Rate means with respect to the Reference Dealers and the Optional Redemption Date, the average of the five quotations of the mid-market annual yield to maturity of the Reference Bond or, if the Reference Bond is no longer outstanding, a similar security in the reasonable judgement of the Reference Dealers at 11.00 a.m. London time on the third business day in London preceding the Optional Redemption Date quoted in writing to the Issuer by the Reference Dealers.

  • written or verbal quotations means quotations referred to in paragraph 12(1)(b) of this Policy.

  • formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;

  • Reference Dealer means a dealer engaged in trading of convertible securities.

  • Reference Dealers means leading dealers, banks or banking corporations, which deal in the TRY/USD exchange market, selected by the Calculation Agent in its sole discretion, acting in good faith and in a commercially reasonable manner;

  • Descriptive literature means information provided by an offeror, such as cuts, illustrations, drawings, and brochures that shows a product’s characteristics or construction of a product or explains its operation. The term includes only that information needed to evaluate the acceptability of the product and excludes other information for operating or maintaining the product.

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Reference Treasury Dealers means (1) X.X. Xxxxxx Securities LLC, Citigroup Global Markets Inc. and their respective successors; provided, however, that if any of the foregoing shall cease to be a primary U.S. government securities dealer (“Primary Treasury Dealer”), the Company shall substitute another nationally recognized investment banking firm that is a Primary Treasury Dealer, and (2) at the option of the Company, additional Primary Treasury Dealers selected by the Company.