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).
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Examples of Offer Quotation in a sentence

  • Details provided in this section is intended to serve as a backup for information provided in Offer/ Quotation.

  • It is expressly noted and understood by the Parties that an Offer, Quotation, ROM and any resulting order and/or delivery of services and supplies is subject to the grant of the necessary export and/or import licenses by the relevant authorities.

  • Validity of the Offer: Quotation shall be valid for a period of 90 days from the date for receipt of quotation(s) indicated in Paragraph 7 above.

  • A suitable offer was received and as a consequence the land was transferred to a new purchaser and registered against the Leasehold Title.

  • Industrialization does appear to have been characterized in all three countries by rising inequality in wealth.Evidence for Canada, the United States and the UK in this paper based on Gini coefficients all show falling wealth inequality during the first three quarters of the twentieth century with the UK’s continuing into the 21st century.

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

  • 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.

  • 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 Region of Windsor and West Hants Municipality 100 King StreetWindsor, Nova Scotia B0N 2T0 1.2 WWHPW20-06 - Supply of Treatment Chemicals Standing Offer Quotation Region of Windsor and West Hants Municipality1.3 From: 2.

  • Artifacts and people are not separate and people interpret differently.

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.

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • 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 Make Whole/Three- Month Par Call Optional Redemption Date, the average of the five quotations of the mid-market annual yield to maturity of the Reference Stock or, if the Reference Stock is no longer outstanding, a similar security in the reasonable judgment of the Reference Dealers, at the Determination Time and on the Determination Date in each case specified in the applicable Final Terms, quoted in writing to the Issuer by the Reference Dealers; and

  • 5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which:

  • 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 the Reset Date, the rate per annum equal to: (1) the average of the yields on actively traded U.S. Treasury securities adjusted to constant maturity, for one-year maturity, for the five business days immediately prior to the Reset Determination Date and appearing under the caption “Treasury constant maturities” at 5:00 p.m. (New York City time) on the Reset Determination Date in the applicable most recently published statistical release designated “H.15 Daily Update”, or any successor publication that is published by the Board of Governors of the Federal Reserve System that establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity, under the caption “Treasury Constant Maturities”, for the maturity of one year; or (2) if such release (or any successor release) is not published during the week immediately prior to the Reset Determination Date or does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the Reset Date.

  • 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.