No Liquid Market Notice definition

No Liquid Market Notice has the meaning ascribed to it in Clause 6.2 below;
No Liquid Market Notice has the meaning given in Section 3.6.1. “Novation Effective Date” means the later of:
No Liquid Market Notice has the meaning given to that term in Clause 5.1 (No Liquid Market); Notice of Expert Determination has the meaning given to that term in Clause 21.3 (Dispute Resolution); Operating Accrued Rights Termination Value means the amount that would count against the Operating Sub Contractor Termination Cap upon realisation of the Accrued Rights based upon the assessment notified to the Council under Clause 11.14 (Council Rights), as the same may be adjusted in accordance with Clause 21 (Dispute Resolution);

Examples of No Liquid Market Notice in a sentence

  • At any time during the Required Period the Agent may issue a written notice (the "No Liquid Market Notice") to the Authority setting out the reasons why the Agent does not believe that a Liquid Market exists.

  • On or before the date falling fourteen (14) Business Days after the date on which a No Liquid Market Notice is received by the Authority, the Authority shall notify the Agent of its opinion as to whether or not a Liquid Market exists.

  • On or before the date falling fourteen (14) days after the date on which a No Liquid Market Notice is received by the Authority, the Authority shall notify the Facility Agent of its opinion as to whether or not a Liquid Market exists.

  • The notice of recommended disciplinary action and any attachments to the recommended- disciplinary-action letter, including any IA Report (redacted, if appropriate) shall be served to the employee in person, by certified mail, or electronic mail.

  • On or before the tenth 10th Business Day following the CoT’s receipt of the No Liquid Market Notice, the CoT shall, acting reasonably, issue written notice to the Agent stating whether or not it agrees with the Agent that No Liquid Market exists, and if it disagrees with the Agent, its reasons for such disagreement.

  • If the No Liquid Market Notice is issued and a dispute is referred for determination as contemplated in Clause 6.3, then the Required Period shall be extended by the period over which the dispute is determined.


More Definitions of No Liquid Market Notice

No Liquid Market Notice has the meaning set out in Section 3.10 [No Liquid Market] of this Agreement;
No Liquid Market Notice has the meaning given to it in Clause 8.1.

Related to No Liquid Market Notice

  • Liquid Market means a market for a financial instrument or a class of financial instruments, where there are ready and willing buyers and sellers on a continuous basis, assessed in accordance with the following criteria, taking into consideration the specific market structures of the particular financial instrument or of the particular class of financial instruments:

  • Peak Market Activity means a measure of exposure for which credit is required, involving peak exposures in rolling three-week periods over a year timeframe, with two semi-annual reset points, pursuant to provisions of Tariff, Attachment Q, section V.A. Peak Market Activity shall exclude FTR Net Activity, Virtual Transactions Net Activity, and Export Transactions Net Activity. Peak Season:

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Reset Notice has the meaning specified in Section 307(b).

  • Put Notice has the meaning provided in Section 3.4.

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Blackout Notice has the meaning set forth in Section 2.01(d).

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Proposal Due Date means the date and time specified in the Proposal Invitation, or any addenda thereto, by which Vendors are required to submit Proposals for this Proposal Invitation.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or email by the Investor if such notice is received prior to noon Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after noon Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Fundamental Change Company Notice shall have the meaning specified in Section 15.02(c).

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Index Call Event means each of the following events:

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Weekly Reporting Period means any Level 2 Ratings Period.

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the frequency with which scheduled interest payments are payable on the Notes during the relevant Reset Period (calculated on the day count basis customary for fixed rate payments in the Relevant Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Relevant Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (calculated on the day count basis customary for floating rate payments in the Relevant Currency as determined by the Calculation Agent);

  • Black-Out Period means any “black-out” or similar period under the Corporation’s policies covering trading in the Corporation’s securities to which the applicable Redeeming Member is subject (or will be subject at such time as it owns Class A Common Stock), which period restricts the ability of such Redeeming Member to immediately resell shares of Class A Common Stock to be delivered to such Redeeming Member in connection with a Share Settlement.

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Major Trading Area or "MTA" means Major Trading Area as defined by the FCC in 47 C.F.R. Part 24.202.

  • Initial Market Value means, in relation to a Ship, the Market Value of that Ship calculated in accordance with the valuations relative thereto referred to in paragraph 5 of Schedule 4, Part B;

  • Reportable Security means a security as defined under section 202(a)(18) of the Advisers Act held for the direct or indirect benefit of an Access Person, including any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security”, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guaranty of, or warrant or right to subscribe to or purchase any of the foregoing. Also included in this definition are open-end mutual funds (except as noted below) and exchange traded funds. Excluded from this definition are:

  • exempt market dealer means a person or company registered in the category of exempt market dealer;

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.