Examples of Relevant Pricing Increment in a sentence
In this example, the Relevant Pricing Increment is assumed to be one-eighth of one percentage point.
The Administrators will then calculate the Initial Market Midpoint by finding the mean of all the Initial Market Bids and Initial Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment, provided that where such results fall equidistant between two Relevant Pricing Increments, such results will be rounded up).
The Administrators will then calculate the Initial Market Midpoint by finding the mean of all the Initial Market Bids and Initial Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment).
The Administrators will then calculate the Initia l Market Midpoint by finding the mean of all the Initial Market Bids and Initia l Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment).
The Administrators will then calculate the Initial Market Midpoint by finding the mean of all the Initia l Market Bids and Initial Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment).
Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of the Credit Derivatives Auction Settlement Terms (expressed as a percentage), in increments equal to the Relevant Pricing Increment (as defined in the Credit Derivatives Auction Settlement Terms) of the outstandingprincipal balance, rather than the face amount, of Deliverable Obligations (which expression has the meaning contemplated by the Credit Derivatives Auction Settlement Terms).
The Administrators will then calculate the Initial Market Midpoint by finding the mean of all the Initial Market Bids and Initial Market Offers that form Non-Tradeable Markets included in the Best Half (with the results rounded to the nearest fraction of a percentage point that is the Relevant Pricing Increment, provided that where such results fa l equidistant between two Relevant Pricing Increments, such results will be rounded up).