Failed Auction has the meaning assigned to such term in the definition of “Dutch Auction”.
Failed Auction shall have the meaning assigned to such term in Section 2.12(e).
Failed Auction as defined in Section 2.12(f)(iii).
Examples of Failed Auction in a sentence
Once initiated by an Auction Notice, the Auction Party may not withdraw an Auction other than a Failed Auction.
Once initiated by an Auction Notice, Holdings or any of its Subsidiaries, as applicable, may not withdraw an Auction other than a Failed Auction.
Once initiated by an Auction Notice, Holdco or its Subsidiary, as applicable, may not withdraw an Auction other than a Failed Auction.
Once initiated by an Auction Notice, Holdings or its Subsidiary, as applicable, may not withdraw an Auction other than a Failed Auction.
Once initiated by an Auction Notice, the Borrower or its Subsidiary, as applicable, may not withdraw an Auction other than a Failed Auction.
More Definitions of Failed Auction
Failed Auction means an Auction for which there were not Sufficient Clearing Bids.
Failed Auction has the meaning assigned to such term in Section 3.04(d)(iii).
Failed Auction. As defined in the Section 3.18(b).
Failed Auction means an Auction for which there were not Sufficient Clearing Bids (as defined in the Revenue Bond Indenture).
Failed Auction means an event where: (a) less than three Participants submitted Eligible YLDVOL Swaption Straddles to the Auction Book and no Auction is conducted; or (b) less than three Eligible YLDVOL Swaption Straddle bids and offers were submitted to the Auction Book and no Auction is conducted.
Failed Auction means the scenario described under Section 2.1.1(c)(ii)(b).
Failed Auction has the meaning assigned to such term in the definition of “Dutch Auction”. “Fair Market Value” means, with respect to any asset or property, the sale value that would be obtained in an arm’s-length free market transaction between an informed and willing seller under no compulsion to sell and an informed and willing buyer under no compulsion to buy, as determined in good faith by Holdings’ board of directors.