Offer Quotation definition

Offer Quotation means a firm offer quotation in respect of a Pay-As-You-Go credit default swap with a notional amount equal to the Valuation Reference Obligation Notional Amount and referencing the relevant ReferenceObligation.The Calculation Agent shall attempt to obtain Offer Quotations on the Time Call Notice Date (as defined in the Default Swap). If the Calculation Agent obtains more than one Offer Quotation on the Time Call Notice Date, the Upfront Amount shall be the average of such Offer Quotations. If the Calculation Agent is able to obtain only one Offer Quotation, the Upfront Amount shall be such Offer Quotation. If the Calculation Agent is not able to obtain any Offer Quotations on a Time Call Notice Date, the Upfront Amount shall be as determined by the Calculation Agent acting in good faith and in a commercially reasonable manner.
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Offer Quotation means, at any time on any day, an offer quotation in respect of the Valuation Transaction from any Eligible Dealer, provided that if no such quotations are available at such time then the Calculation Agent may (acting in good faith and a commercially reasonable manner) determine the Offer Quotation based on observable credit index tranche prices at such time (if any).
Sample 1

Examples of Offer Quotation in a sentence

  • Drafting - Notice, Circular, Minute, Resolution, Report; Letter Writing - Letter of Offer, Quotation, Order Confirmation, Execution, Refusal, and Cancellation of Order, Status Enquiry, Recommendation and Credit Collection, Claim.

  • Alternative Offer Quotation means, in respect of a Replaced CTS and a Proposed Replacement, the offer price at which the relevant Approved Dealer agrees to sell commodity protection to the Swap Counterparty in respect of the Replaced CTS on the terms of such Replaced CTS.

  • Alternative Quotation means an Alternative Bid Quotation and an Alternative Offer Quotation.

  • Following receipt of a Notice of Substitution Information then, during the Substitution Window, the Portfolio Manager may request a Firm Offer Quotation from an Eligible Dealer in respect of each Removed Reference Entity and a Firm Bid Quotation from an Eligible Dealer in respect of each Addition Reference Entity (each an "Actual Quotation").

  • Salutation:FORM OF TENDER – SECTION 2 1.1 West Hants Regional Municipality 100 King StreetWindsor, Nova Scotia B0N 2T0 1.2 Contracted Equipment Services Standing Offer Quotation West Hants Regional Municipality1.3 From: 2.

  • Salutation:FORM OF TENDER – SECTION 2 1.1 West Hants Regional Municipality 100 King StreetWindsor, Nova Scotia B0N 2T0 1.2 Pavement Markings Standing Offer Quotation West Hants Regional Municipality1.3 From: 2.

  • Municipal Commissioner, Recreation, Cultural & Heritage Committee and Standing Committee.⮚ Program Implementation: - Subsidiary programs are implemented by Director, Parks & Garden⮚ Work supervision: - Works supervised by Section Officers, Garden Inspectors and Technical Supervisors.⮚ Work execution method: - Works are execute by departmentally as well as by Tender/ Offer/ Quotation through Contractors.

  • If there is any contradictory statement or other inconsistency between these terms and conditions and in other sections of Supplier’s Offer then the Supplier’s Offer/ Quotation/ Proposal’s terms and conditions shall prevail to the extent of the contradiction or inconsistency.

  • Salutation:FORM OF TENDER – SECTION 2 1.1 West Hants Regional Municipality 100 King StreetWindsor, Nova Scotia B0N 2T0 1.2 HVAC Service Standing Offer Quotation West Hants Regional Municipality1.3 From: 2.

  • Offer Quotation means an offer side quotation for the Swap Counterparty in respect of the Replaced CTS on the terms of such Replaced CTS.Proposed Replacement has the meaning given to it in Paragraph 1.1. Quotation means a Bid Quotation and an Offer Quotation.

Related to Offer Quotation

  • Reference Treasury Dealer Quotation means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at or before 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.

  • Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • Request for Quotation (“RFQ”) means a document or documents containing the specification, and proposed terms and conditions issued to potential suppliers to solicit written Quotations.

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;

  • Request for Quotations means a Written or oral request for prices, rates or other conditions under which a potential Contractor would provide Goods or perform Services, Personal Services or Public Improvements described in the request.

  • Reference German Bund Dealer Quotations means, with respect to each Reference German Bund Dealer and any relevant date, the average as determined by the Issuer of the bid and offered prices for the Comparable German Bund Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such Reference German Bund Dealer at 3:30 p.m. Frankfurt, Germany time on the third Business Day preceding the relevant date.

  • Request for Quotation (RFQ means the solicitation document issued by the DFMDC to potential bidders for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Amendments thereto.

  • Error Quote (Spike) means an Error Quote with the following characteristics:

  • LIBOR Quoted Rate means, for any day, the rate per annum equal to the quotient of (i) the rate per annum (rounded upwards, if necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S. Dollars for a one-month interest period which appears on the LIBOR01 Page as of 11:00 a.m. (London, England time) on such day (or, if such day is not a Business Day, on the immediately preceding Business Day) divided by (ii) one (1) minus the Eurodollar Reserve Percentage.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;

  • Reference Dealer Rate means with respect to the Reference Dealers and the Optional Redemption Date, the average of the five quotations of the mid-market annual yield to maturity of the Reference Bond or, if the Reference Bond is no longer outstanding, a similar security in the reasonable judgement of the Reference Dealers at 11.00 a.m. London time on the third business day in London preceding the Optional Redemption Date quoted in writing to the Issuer by the Reference Dealers.

  • written or verbal quotations means quotations referred to in paragraph 12(1)(b) of this Policy.

  • Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.

  • Request for Quote (RFQ means the solicitation document issued by OA/FMDC to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.

  • Quotation Date means, in relation to any Interest Period (or any other period for which an interest rate is to be determined under any provision of a Finance Document), the day on which quotations would ordinarily be given by leading banks in the London Interbank Market for deposits in the currency in relation to which such rate is to be determined for delivery on the first day of that Interest Period or other period;

  • U.S. Treasury Rate means, with respect to any Remaining Distribution Amount, a rate determined one Business Day prior to the Optional Repurchase Distribution Date that is equal to the U.S. Treasury rate on such date (determined by reference to Bloomberg Financial Markets Commodities News) with a maturity equal to the period from such Optional Repurchase Distribution Date to the Applicable Distribution Date with respect to such Remaining Distribution Amount (or, if such maturity is unavailable, such rate shall be determined by linear interpolation using the U.S. Treasury rates with the two closest maturities to such period).

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Reference Dealer means a dealer engaged in trading of convertible securities.

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported on the Pink Open Market. If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15 (519). If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.