Examples of Minimum Quotation Amount in a sentence
Minimum Quotation Amount: The lesser of (i) USD 1,000,000 (or its equivalent inthe relevant currency) and (ii) the Quotation Amount.
Quotation Method: Bid Minimum Quotation Amount: Aggregate nominal amount of the Notes Dealers: A dealer in obligations of the type of Reference Obligations for which Quotations are to be obtained.
If neither a Weighted Average Quotation nor a single Full Quotation is available on the Cut-off Valuation Date as provided above, but one or more firm quotations for an amount which is equal to or less than the Minimum Quotation Amount is available on the Valuation Cut-off Date, then the weighted average of such firm quotations will be deemed to be the highest Quotation and a quotation will be deemed to be zero for the balance of the quotation amount for which firm quotations were not obtained.
If one or more firm quotations for an amount equal to or more than the Minimum Quotation Amount are notavailable, the Quotation will be zero.
Minimum Quotation Amount: The lower of (a) an amount equal to USD 1,000,000 (or its equivalent in the relevant Obligation Currency) divided by the number of selected Reference Obligations and (b) the Quotation Amount.