Market Value Dispute Notice definition

Market Value Dispute Notice no later than one Business Day after the Borrower is notified of such determination, and if the Borrower obtains firm executable bids of the then full outstanding principal amount of such Eligible Collateral Obligation from two Approved Broker Dealers that are not Affiliates of the Borrower within one Business Day after the Market Value Dispute Notice is delivered to the Agent, the Market Price shall be the median of such bids until the next date of determination of the Market Value of such Eligible Collateral Obligation.
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Market Value Dispute Notice has the meaning set forth in the definition of Market Value.
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Market Value Dispute Notice no later than one Business Day after the Borrower is notified of such determination no more than three times per calendar quarter, and if the Borrower or the Majority Lenders, as applicable, obtain firm executable bids of the lesser of (i) then full Outstanding principal amount of such Eligible Collateral Obligation and (ii) the principal amount of $2,000,000 from two Approved Broker Dealers that are not Affiliates of the Borrower or such Lenders, as applicable, within one Business Day after the Market Value Dispute Notice is delivered to the Agent, the market price shall be the median of such bids until the next date of determination of the Market Value of such Eligible Collateral Obligation in accordance with the terms hereof. Any and all fees incurred in connection with a Market Value Dispute Notice shall be paid by the Borrower or such Lenders, as applicable.
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More Definitions of Market Value Dispute Notice

Market Value Dispute Notice no later than one (1) Business Day after the Borrower is notified of such determination, and (x) if the Borrower, within one Business Day after the Market Value Dispute Notice is delivered to the Agent, obtains (I) at least two firm executable bids of the then full outstanding principal amount of such Eligible Collateral from Eligible Dealers the Market Price shall be the average of such bids until the next date of determination of the Market Value of such Eligible Collateral or (II) only one firm executable bid of the then full outstanding principal amount of such Eligible Collateral from Eligible Dealers the Market Price shall be the average of such bid and the Agent’s most recent valuation until the next date of determination of the Market Value of such Eligible Collateral or (z) if no such firm executable bid is obtained, the Market Value shall be the Agent’s most recent valuation; provided, further, that for the avoidance of doubt upon the delivery of a new Valuation Statement, any adjustments made by the Agent prior to the date of such new Valuation Statement shall be disregarded; provided, further, that after a Market Value Dispute Notice was provided to the Agent, the Agent’s most recent valuation shall be the Market Value until a new Market Value is determined pursuant to this clause (ii); and
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Related to Market Value Dispute Notice

  • Billing Dispute Notice means a formal, written notice submitted to HUGE by the Customer in terms of this Procedure.

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • Disputed Item has the meaning set forth in Section 1.3(c).

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • trade dispute means any dispute or difference between employers and workmen, or between workmen and workmen, connected with the employment or non-employment, or the terms of employment, or with the conditions of labour, of any person;

  • Notice of Disagreement has the meaning set forth in Section 2.4(c).

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Disputed Items has the meaning set forth in Section 3(b)(3)(A).

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.