Initial Bidding Period definition
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 (a) with respect to the Senior Auction, any time between 9:45 a.m. and 10:00 a.m. London time on the Auction Date and (b) with respect to the Subordinate Auction, any time between 11:00 a.m. and 11:15 a.m. London 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 Auctions (in each case, the "Originally Scheduled Initial Bidding Times") or, with respect to either Auction, 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 Times 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.
More Definitions of Initial Bidding Period
Initial Bidding Period means any time between 11:00 a.m. and 11:15 a.m. London time on the Auction Date 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 "Originally Scheduled Initial Bidding Period") or, if the process described in Sections (3) and (4)(a) and (4)(b) above must be repeated pursuant to Section
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 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.
Initial Bidding Period means any time between 10:45 a.m. and 11:00 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
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 modified period is required to preserve the integrity of the Auction or (c), if the auction procedure described in Sections 4
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