Initial Bidding Period means (a) the Originally Scheduled Initial Bidding Period, (b) such period that lasts longer, or occurs later, than such Originally Scheduled Initial Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction or (c), if the auction procedure described in Sections 4 and 5(a) and 5(c) of these Credit Derivatives Auction Settlement Terms must be repeated pursuant to Section 13 of these Credit Derivatives Auction Settlement Terms, the time period (whether less than, equal to or longer than the Originally Scheduled Initial Bidding Period, as the Administrators may prescribe, in their sole and absolute discretion, to preserve the integrity of the Auction) occurring (i) at such time(s) specified by the Administrators after such Originally Scheduled Initial Bidding Period on the Auction Date or (ii) at such time(s) specified by the Administrators on a subsequent Business Day, as applicable, pursuant to Section 13 of these Credit Derivatives Auction Settlement Terms, until the earlier of the Auction Final Price Determination Date or the occurrence of an Auction Cancellation Date.
Initial Bidding Period means the period initially determined by the Credit Derivatives Determinations Committee and specified in the Credit Derivatives Auction Settlement Terms in respect of the relevant Affected Reference Entity, as such period may be extended by the Administrators, inter alia, to preserve the integrity of an Auction.
Initial Bidding Period means any time between 910:45 a.m. and 1011:00 a.m. New York time on the Auction Date (the “Originally Scheduled Initial Bidding Period”) or such period that lasts longer, or occurs later, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction (the “Modified First Attempt Initial Bidding Period”) or, if the process described in Sections (3) and (4)(a) and (4)(b) must be repeated pursuant to Section (10), the fifteen minute period occurring two or four hours, as the case may be, after the Originally Scheduled Initial Bidding Period or Modified First Attempt Initial Bidding Period, as applicable, on the Auction Date, or at such times on a subsequent Business Day as required under Section (10) of these LCDS Auction Settlement Terms (or at such other times as the Administrators, in their sole and absolute discretion, determine is necessary to implement the procedures described in these LCDS Auction Settlement Terms), until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Event.
Examples of Initial Bidding Period in a sentence
During the Initial Bidding Period, each Participating Bidder shall submit to the Platform an Initial Market Bid.
More Definitions of Initial Bidding Period
Initial Bidding Period means any time between 9:45 a.m. and 10:00 a.m. New York time on the Auction Date or such longer period as the Administrators may prescribe if they determine (in their sole and absolute discretion) that a longer period is required to preserve the integrity of the Auction (the "Originally Scheduled Initial Bidding Time") or, if the process described in Sections (3) and (4)(a) and (4)(b) of this Exhibit 2 must be repeated pursuant to Section (10) of this Exhibit 2, the fifteen minute period occurring two or four hours, as the case may be, after the Originally Scheduled Initial Bidding Time on the Auction Date, or at such times on a subsequent Business Day as required under Section (10) of this Exhibit 2 (or at such other time as the Administrators determine is necessary to implement the procedures described in this Exhibit 2), until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Event.
Initial Bidding Period means (a) any time between 9:45 a.m. and 10:00 a.m. London time on the Auction Date (the "Originally Scheduled Initial Bidding Period"), or (b) such period that lasts longer, or occurs later, than the Originally Scheduled Initial Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction or (c), if the process described in Sections (3) and (4)(a) and (4)(b) above must be repeated pursuant to Section (10) above, the time period (whether less than, equal to or longer than the Originally Scheduled Initial Bidding Period, as the Administrators may prescribe, in their sole and absolute discretion, to preserve the integrity of the Auction) occurring (i) at such time(s) specified by the Administrators after such Originally Scheduled Initial Bidding Period on the Auction Date or (ii) at such times on a subsequent Business Day, as applicable, pursuant to Section (10) above, until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Date.
Initial Bidding Period means (a) the Originally Scheduled Initial Bidding Period, (b) such period that lasts longer, or occurs later, than such Originally Scheduled Initial Bidding Period, as the
Initial Bidding Period means (a) the Originally Scheduled Initial Bidding Period, (b) such period that lasts longer, or occurs later, than such Originally Scheduled Initial Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such
Initial Bidding Period means any time between 9:45 a.m. and 10:00 a.m. New York time on the Auction Date or, if the process described in Sections (2) and (3)(a) and (3)(b) must be repeated pursuant to Section (8), the fifteen minute period occurring just before noon or 2:00 p.m. New York time, as the case may be, on the Auction Date, or on a subsequent Business Day as required under Section (8) of these LCDS Auction Settlement Terms (or at such other time as the Administrators determine is necessary to implement the procedures described in these LCDS Auction Settlement Terms), until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Event.
Initial Bidding Period means the number of days determined by the Platform as notified on the Website, for a Participating Bidder to submit a Valid Initial Market Submission.