Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of the Rounding Amount, then the amount to be so matched will be rounded down to the nearest Rounding Amount. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated in amounts equal to the Rounding Amount one at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, Rounding Amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators. Any residual amounts which are in aggregate less than the Rounding Amount shall be disregarded.
Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places. Calculation Agent: The Seller
Rounding Convention means that, if a Participating Bidder’s order is matched in an amount that is not an integral multiple of US$100,000, then the amount to be so matched will be rounded down to the nearest US$100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated US$100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, US$100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.
Examples of Rounding Convention in a sentence
Rounding Convention for cash Settlement Amount: Not applicable.11.
Rounding Convention 1.Issuer's option to vary settlement: The Issuer does not have the option to vary settlement in respect of theSecurities.
Rounding Convention 2.Issuer's option to vary settlement: The Issuer does not have the option to vary settlement in respect of theSecurities.
In such case, notwithstanding Sections 6 or 12(b) of these Credit Derivatives Auction Settlement Terms, all Valid Physical Settlement Requests on the same side of the market as the Open Interest (e.g., bids to purchase or offers to sell) will be matched Pro Rata, subject to the Rounding Convention, against the Valid Limit Order Submissions and Valid Physical Settlement Requests on the opposite side of the market to form Market Position Trades or Matched Limit Order Trades, as applicable.
Rounding Convention for cash Settlement Amount:Not applicable.11.
More Definitions of Rounding Convention
Rounding Convention. Rounded to the nearest penny Initial Exchange: Initial Exchange Date: Xxxxxtive Date Party A Initial Exchange Amount: GBP o
Rounding Convention. Rounded to the nearest cent Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:
Rounding Convention. Rounded to the nearest penny Reset Dates: The firsx xxx of each Calculation Period Initial Exchange: Initial Exchange Date: ___, 2002 Party A Initial Exchange Amount: Party B Currency Amount Party B Initial Exchange Amount: Party A Currency Amount Final Exchange: Final Exchange Date: Termination Date Party A Final Exchange Amount: Party A Currency Amount Party B Final Exchange Amount: Party B Currency Amount
Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of EUR100,000, then the amount to be so matched will be rounded down to the nearest EUR100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated EUR100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, EUR100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.
Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of EUR 100,000, then the amount to be so matched will be rounded down to the nearest EUR 100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated EUR 100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, EUR 100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.
Rounding Convention. Rounded to the nearest cent Reset Dates: The first day of each Calculation Period Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:
Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places.