Dealer Poll definition

Dealer Poll means, in respect of any time on any relevant day, that the Calculation Agent will request each of the Reference Dealers to provide a quotation of its rate for the relevant currency exchange rate, at the applicable time on such relevant day. If, for any such rate, at least two quotations are provided, the relevant rate will be the arithmetic mean of the quotations. If fewer than two quotations are provided for any such rate, the relevant rate will be the arithmetic mean of the relevant rates quoted by major banks in the relevant market, selected by the Calculation Agent, at or around the applicable time on such relevant day.

Dealer Poll means fifteen Business Days prior to the Maturity Date or on such other date as determined by the Selling Agent in its sole and absolute discretion, the Selling Agent will procure firm bid prices for all (but not a part) of the securities forming the Bond Collateral (as defined below), from five different financial market participants, which will include the holder of 100 per cent. of the then aggregate Outstanding Principal Amount of the Notes (the "Directing Noteholder") and Deutsche Bank AG and any such other participants as determined by the Selling Agent in its sole and absolute discretion. If at any time the Directing Noteholder ceases to be the holder of 100 per cent. of the then aggregate Outstanding Principal Amount of the Notes, the Selling Agent will procure such bid prices from any financial market participants in its sole and absolute discretion. The Selling Agent will sell each individual security comprising the Bond Collateral to the financial market participant which has provided the highest bid price for such individual security.To the extent that five different firm bids cannot be procured for each security by the fifth Business Day after the commencement of the Dealer Poll, the Selling Agent will (a) sell each individual security comprising the Bond Collateral to the financial market participant which has provided the highest bid price for such individual security by such date; or (b) if no firm bid has been provided in respect of an individual security other than by the Directing Noteholder, sell such individual security to the Directing Noteholder. To the extent that no firm bid is received in respect of an individual security by the fifth Business Day after the commencement of the Dealer Poll, a zero value will be attributed to such individual security.

Dealer Poll means that the USD/UYU FX Rate in respect of the relevant Postponed UYU Valuation Date will be the USD/UYU fixing rate, expressed as the amount of UYU per one USD, as determined by the Calculation Agent on the basis of quotations provided by the Reference Dealers on such dateThe Calculation Agent will request each Reference Dealer to provide a firm quotation of the USD/UYU fixing rate. If four quotations are provided, the USD/UYU FX Rate for such Postponed UYU Valuation Date will be the arithmetic mean of such quotations without regard to the highest and lowest such quotations. For this purpose, if more than one quotation has the same highest and lowest value, then only one of such quotations shall be disregarded. If two or three quotations are provided, the USD/UYU FX Rate for such Postponed UYU Valuation Date will be the arithmetic mean of such quotations. If fewer than two quotations are provided, it will be deemed that the USD/UYU FX Rate for such Postponed UYU Valuation Date cannot be determined pursuant to the Dealer Poll;

Examples of Dealer Poll in a sentence

• If there is no Instructing Noteholder or the nominated Poll Reference Banks are not acceptable to the Counterparty, then the Calculation Agent shall conduct the Dealer Poll using such Poll Reference Banks that it determines in its sole discretion.

• If there is no Instructing Noteholder or the nominated Poll Reference Banks are not acceptable to the Counterparty, then the Calculation Agent shall conduct the TC Dealer Poll using such Poll Reference Banks that it determines in its sole discretion.

• Terms relating to Cash Settlement (if the Dealer Poll Method applies): Valuation Date:Single Valuation Date.

• Excluded Obligations:None 3.Settlement Terms (Dealer Poll Method) Terms relating to Cash Settlement (if the Dealer Poll Method applies): Valuation Date:Single Valuation Date.

• On or prior to the Maturity Date the Selling Agent shall sell the Bond Collateral on behalf of the Issuer in accordance with the procedures set out in the definition of Dealer Poll and the provisions of the Agency Agreement (as amended herein).

• The TC Dealer Poll will be carried out as soon as practicable after the occurrence of any Mandatory Redemption Event or the Replacement Request Cut-off Date, as applicable, but in any event prior to 11:00 a.m., London time on the day falling two Business Days prior to the Cut-off Date, with notice of the firm bids in respect of the Related Agreement being provided to the Instructing Noteholder prior to 1:00 p.m., London time on the date that falls on the second business Day following the Cut-off Date.

• Poll Reference Banks appointed to calculate the Termination Costs in respect of the Related Agreement may or may not be the same as the Poll Reference Banks appointed in respect of the purchase of the Underlying Assets (as set out in "Dealer Poll" at paragraph 59(a) (Final Redemption Amount) below.

• Poll Reference Banks appointed to calculate the Termination Costs in respect of the Related Agreement may or may not be the same as the Poll Reference Banks appointed in respect of the purchase of the Underlying Assets (as set out in "Dealer Poll" at paragraph 57(a) ( Final Redemption Amount) below).

• A Multiplier Test Acceptance Notice shall be deemed to be given to the Determination Agent by the Portfolio Manager, if the Portfolio Manager fails to provide a Multiplier Test Acceptance Notice or a Dealer Poll Notice by 12.00 p.m. London time.

• If no firm bids are obtained in respect of the Related Agreement then the Calculation Agent shall continue to attempt to conduct the TC Dealer Poll on each successive Business Day up to, and including, 9 a.m., London time on the Cut-off Date following which, if the Calculation Agent is still unable to obtain firm bids for the Termination Costs in respect of the Related Agreement, the Counterparty may terminate the Related Agreement in accordance with its terms.

More Definitions of Dealer Poll

Dealer Poll means, in respect of an FX Rate and any relevant day, that the FX Rate for such day will be determined by the Calculation Agent on the basis of firm quotations for the sale of the Reference Currency and purchase of the Base Currency (where the Base Currency is payable outside of the jurisdiction in which the principal financial centre of the Reference Currency is located), as provided by the Reference Market Dealers as purchasers of the Reference Currency and sellers of the Base Currency in an amount corresponding to the relevant amount payable by the Issuer (prior to conversion into the Base Currency at the FX Rate and prior to conversion into a proportional amount per Security) at such time as the Calculation Agent shall decide in consultation with the Issuer on such day. The Calculation Agent shall calculate the FX Rate for such day to be the arithmetic mean of such quotations (rounded to the nearest four decimal places, with 0.00005 rounded upwards), provided that if fewer than the Minimum Number of Quotations are provided by the Reference Market Dealers to the Calculation Agent then the FX Rate will be determined in accordance with the next applicable Disruption Fallback (applied in accordance with its terms).

Dealer Poll means, in respect of the FX Valuation Date, the Calculation Agent shall determine the FX Rate for the relevant FX Valuation Date by requesting each of the Reference Dealers to provide a quotation of the USD/COP spot rate for such FX Valuation Date no later than 10:30 a.m., Bogotá time, on the first Business Day following such FX Valuation Date.

Dealer Poll means that the USD/MXN FX Rate in respect of the relevant Postponed MXN Valuation Date will be the USD/MXN fixing rate, expressed as the amount of MXN per one USD, as determined by the Calculation Agent on the basis of quotations provided by the Reference Dealers on such dateThe Calculation Agent will request each Reference Dealer to provide a firm quotation of the USD/MXN fixing rate. If four quotations are provided, the USD/MXN FX Rate for such Postponed MXN Valuation Date will be the arithmetic mean of such quotations without regard to the highest and lowest such quotations. For this purpose, if more than one quotation has the same highest and lowest value, then only one of such quotations shall be disregarded. If two or three quotations are provided, the USD/MXN FX Rate for such Postponed MXN Valuation Date will be the arithmetic mean of such quotations. If fewer than two quotations are provided, it will be deemed that the USD/MXN FX Rate for such Postponed MXN Valuation Date cannot be determined pursuant to the Dealer Poll;

Dealer Poll means that the USD/UYU FX Rate in respect of the relevant Postponed UYU Valuation Date will be the USD/UYU fixing rate, expressed as the amount of UYU per one USD, as determined by the Calculation Agent on the basis of quotations provided by the Reference Dealers on such date

Dealer Poll means the Aggregate Required Collateral Amount determined on the basis of quotations from Reference Market-makers, each such quotation made on the same day and at approximately the same time, which date shall be no more than five (5) Business Days prior to the day of Grantor’s withdrawal certification. If more than three quotations are provided, the Dealer Poll will be the arithmetic mean of the quotations, without regard to the quotations having the highest and lowest values. If exactly three quotations are provided, the Dealer Poll will be the quotation remaining after discarding the highest and the lowest quotations. For this purpose, if more than one quotation has the same highest value or lowest value, then one of such quotations shall be disregarded. If exactly two quotations are provided, the Dealer Poll will be the arithmetic mean of the quotations. If fewer than two quotations are provided, it will be deemed that the Dealer Poll cannot be determined. In no event shall the Collateral Trustee have any obligation to conduct the Dealer Poll.

Dealer Poll means a dealer poll conducted by the Calculation Agent in accordance with Special Condition (IV) (Dealer Poll) above.