Market Out definition

Market Out has the meaning set forth in Section 2.9(A). “Market Return” has the meaning set forth in Section 2.9(C).
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Market Out. Provision. The Representative's obligations hereunder shall be subject to, among other things, there being, in its opinion: (i) no material adverse change in the conditions or obligations of the Company or its present or proposed business and affairs; and (ii) no market conditions which might render the offer and sale of the Securities herein contemplated inadvisable.
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Market Out is defined in Section 2.6(A).
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Examples of Market Out in a sentence

  • Approve the Special Event Permit for the Farmers Market Out to Lunch Concerts and Evening Concerts, sponsored by Future Neenah, Inc., Meredith Rathe, 135 W.

  • If some or all of a Market Out returns to Buyer’s customer base during the Term (“Market Return”), and Buyer must purchase Gas to meet the demand associated with the Market Return, Buyer shall notify Seller pursuant to Section 18.1 of this Agreement of such Market Return and provide Seller the option to sell additional volumes to Buyer pursuant to the terms of this Agreement to meet the demand associated with the Market Return.

  • Notwithstanding Section 21.1 of this Agreement, an effective Market Out notice shall amend the Total Gas Volume and related Daily Contract Quantity for the applicable Contract Year.

  • Further to the Placement Notice received on , we hereby reject the subscription on the basis of the existence of the Market Out.

  • Buyer shall have the right to update a Market Out volume submitted under this notice as necessary.

  • The Parties will work together in good faith to adjust volumes and delivery schedules to minimize any disruption caused by a Market Out or Market Return.2.3 Delivery.

  • The election applies to all Fed- eral benefits described by § 1622(a) of Public Law 104–106, 110 Stat.

  • Buyer shall notify Seller of such Market Out pursuant to Section 18.1 of this Agreement, which notice shall contain Buyer’s calculation of the Market Out reduction.

  • Gas Sale and Purchase AgreementGAS SALE AND PURCHASE AGREEMENT BETWEEN EXHIBIT “B”Market Out Example According to Section 2.2 of this Agreement, the Market Out threshold is 1% of ENSTAR’s estimated annual demand.

  • If Buyer experiences a Market Out during the Term, Buyer may reduce its purchases of Gas volume in the affected Time Periods in proportion to the Market Out volumes, which reduction shall be calculated as shown in the example attached at Exhibit ”B”.


More Definitions of Market Out

Market Out means the development, occurrence or coming into effect or existence, or announcement of any event, action, state, condition or major financial occurrence of national or international consequence, acts of hostilities, civil insurrection or terrorist action or like event or Share Purchase Agreement escalation thereof or other calamity or crisis or any change or development involving a prospective change in national or international political, financial or economic conditions or any governmental action, Applicable Law or other occurrence of any nature whatsoever, which seriously adversely affects or involves, or will seriously adversely affect or involve, the financial markets generally or the business, operations or affairs of the applicable Guarantor and its Affiliates on a consolidated basis or prevents or materially restricts the trading in or distribution of the securities to be issued by the Guarantors pursuant to the financing referred to in Section 4.6.
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Market Out the right of the Investor to decline to purchase Common Shares in connection with a Draw Down Notice on one or more occasions if the Exchange refuses to accept or approve any subscription to or issuance of, any Common Shares pursuant to this Agreement for any reason whatsoever, including in respect of the Purchase Price;
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Market Out. PROVISION. The Underwriters' obligations hereunder shall be subject to, among other things, there being, in its opinion: (i) no material adverse change in the conditions or obligations of the Company, the Subsidiaries or Consortium 2000 or its present or proposed business and affairs; and (ii) no market conditions which might render the offer and sale of the shares of Units herein contemplated inadvisable.
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Related to Market Out

  • Net Output means all energy and capacity produced by the Facility, less station use and less transformation and transmission losses and other adjustments (e.g., Seller's load other than station use), if any. For purposes of calculating payment under this Agreement, Net Output of energy shall be the amount of energy flowing through the Point of Delivery.

  • Market Timing means transactions deemed by the Compliance Officer to constitute the short-term buying and selling of shares of Funds or Private Accounts to exploit pricing inefficiencies.

  • Market Day means a day on which the SGX-ST is open for trading in securities;

  • Cost outlier means cases which have an extraordinarily high cost as established in 79.1(5)“f,” so as to be eligible for additional payments above and beyond the initial DRG payment.

  • market risk means the risk of loss for the individual portfolio resulting from a fluctuation in the market value of positions in the portfolio attributable to changes in market variables, such as interest rates, foreign exchange rates, equity and commodity prices, or an issuer's creditworthiness;

  • Market Order means Orders which are executed at the best available market price.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Market Data means pricing or other data related to Securities and other assets. Market Data includes but is not limited to security identifiers, valuations, bond ratings, classification data and other data received from investment managers and others.

  • Market Disruption means any of the following events or situations if, in the determination of the Calculation Agent, any of these is material to the valuation of a Reference Item or any Hedging Arrangements of the Issuer in relation to the Securities provided that any Market Disruption in respect of a Relevant Reference Item shall be deemed to be a Market Disruption in respect of the related Reference Item:

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • Net Xxxx-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;

  • Market Stand-Off" Agreement..................................... 10

  • Write-Down Amount means, for any Collection Period for any 180-day Receivable or Repossessed Receivable, the excess of (a) the Principal Balance plus accrued and unpaid interest of such Receivable as of the last day of the Collection Period during which such Receivable became a 180-day Receivable or Repossessed Receivable, as the case may be, over (b) the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures for the related Collection Period, which amount may be adjusted to zero by the Servicer in accordance with its normal servicing procedures if such Receivable has ceased to be a 180-day Receivable as provided in the definition of “180-day Receivable.”

  • FX Market Disruption Event means each of the following events:

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Rates means a municipal rate on property envisaged in section 229 (1) of the Constitution read with the Local Government: Municipal Property Rates Act 6 of 2004 and the Local Government: Municipal Finance Act 56 of 2003;

  • multilateral trading facility (MTF means a multilateral system in the Union within the meaning of Article 2(1)(6) of Regulation[MiFIR].

  • Domestic content procurement preference ’ means all iron and steel used in the project are produced in the United States; the manufactured products used in the project are produced in the United States; or the construction materials used in the project are produced in the United States.

  • Price Source Disruption means (a) the failure of the Price Source to announce or publish the Reference Price (or the information necessary for determining the Reference Price); or (b) the temporary or permanent discontinuance or unavailability of the Price Source.

  • Net concentration means the difference between the concentration of a given substance in a sample taken of the discharge and the concentration of the same substances in a sample taken at the intake which supplies water to the given process. For the purpose of this definition, samples that are taken to determine the net concentration shall always be 24-hour composite samples made up of at least six increments taken at regular intervals throughout the plant day.

  • Generating Market Buyer means an Internal Market Buyer that is a Load Serving Entity that owns or has contractual rights to the output of generation resources capable of serving the Market Buyer’s load in the PJM Region, or of selling energy or related services in the PJM Interchange Energy Market or elsewhere. Generation Capacity Resource:

  • Currency Valuation Notice means a notice given by the Required Multicurrency Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure. The Administrative Agent shall not be required to make more than one valuation determination pursuant to Currency Valuation Notices within any rolling three month period.

  • Secondary Market Transaction has the meaning set forth in Section 5.5.

  • Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.