Subsequent Bidding Period definition

Subsequent Bidding Period means (a) the Originally Scheduled Subsequent Bidding Period, (b) such period that lasts longer than or occurs later than such Originally Scheduled Subsequent Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction or (c), if the auction procedure described in Sections 4 and 5(a) and 5(c) of these Credit Derivatives Auction Settlement Terms must be repeated pursuant to Section 13 of these Credit Derivatives Auction Settlement Terms, the time period (whether less than, equal to or longer than the Originally Scheduled Subsequent Bidding Period, as the Administrators may prescribe, in their sole and absolute discretion, to preserve the integrity of the Auction) occurring (i) at such time(s) specified by the Administrators after such Originally Scheduled Subsequent Bidding Period on the Auction Date or (ii) at such time(s) specified by the Administrators on a subsequent Business Day, as applicable, pursuant to Section 13 of these Credit Derivatives Auction Settlement Terms, until the earlier of the Auction Final Price Determination Date or the occurrence of an Auction Cancellation Date.
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Subsequent Bidding Period means any time between 1:45 p.m. and 2:00 p.m. New York time on the Auction Date (the “Originally Scheduled Subsequent Bidding Period”) or such period that lasts longer, or occurs later, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction (the “Modified First Attempt Subsequent Bidding Period”), or, if the process described in Sections (3) and (4)(a) and (4)(b) must be repeated pursuant to Section (10), the fifteen minute period occurring two or four hours, as the case may be, after the Originally Scheduled Subsequent Bidding Period or Modified First Attempt Subsequent Bidding Period, as applicable, on the Auction Date, or at such times on a subsequent Business Day as required under Section (10) of these LCDS Auction Settlement Terms (or, in either case, at such other times as the Administrators, in their sole and absolute discretion, determine is necessary to implement the procedures described in these LCDS Auction Settlement Terms), until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Event. If any portion of any Subsequent Bidding Period would occur after 7:00 p.m. New York time on the relevant day, then the Subsequent Bidding Period will be any time between 9:45 a.m. and 10:00 a.m. New York time on the subsequent Business Day or such period that lasts longer, or occurs later, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction.
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Subsequent Bidding Period means any time during the fifteen minutes preceding the turn of the hour that is greater than two hours but less than three hours after the announcement by the Administrators of the Open Interest calculated in connection with the immediately preceding Initial Bidding Period (for example, if such announcement is made at 10:30 a.m. New York time, the Subsequent Bidding Period would be anytime between 12:45 p.m. and 1:00 p.m. New York time on the same day) or such longer period as the Administrators may prescribe if they determine (in their sole and absolute discretion) that a longer period is required to preserve the integrity of the Auction.
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Examples of Subsequent Bidding Period in a sentence

  • In the event that the Open Interest does not equal zero, a Subsequent Bidding Period will be conducted by the Administrators.

  • After the conclusion of the Subsequent Bidding Period, the Administrators will match the Open Interest against the corresponding Unmatched Limit Orders.

  • During the Subsequent Bidding Period, each Participating Bidder may submit Limit Order Submissions that are on the opposite side of the market from the Open Interest.

  • If the Administrators become aware of a corrected Valid Physical Settlement Request, if any, at least thirty minutes prior to the beginning of the Subsequent Bidding Period, the Administrators will determine the Open Interest based on the corrected Valid Physical Settlement Request and publish the corrected Initial Bidding Information no later than fifteen minutes prior to the beginning of the Subsequent Bidding Period.

  • In the event that the Open Interest is zero, no Subsequent Bidding Period will be conducted by the Administrators, no Adjustment Amounts will be due and the Initial Market Midpoint, published in accordance with Section 8 of these Credit Derivatives Auction Settlement Terms, will be the Auction Final Price.

  • In the event that the Open Interest is zero, no Subsequent Bidding Period will be conducted by the Administrators, and the Initial Market Midpoint, published in accordance with Section 8 of these Credit Derivatives Auction Settlement Terms, will be the Auction Final Price.

  • In the event that the Open Interest is zero, no Subsequent Bidding Period will be conducted by the Administrators, and the Initia l Market Midpoint, published in accordance with Section 8 of these Credit Derivatives Auction Settlement Terms, will be the Auction Final Price.

  • If the Administrators become aware of a corrected Valid Physical Settlement Request, if any, at least thirty minutes prior to the beginning of the Subsequent Bidding Period, the Administrators will determine the Open Interest based on the corrected Valid Physical Settlement Request and publish the corrected Initia l Bidding Information no later than fifteen minutes prior to the beginning of the Subsequent Bidding Period.

  • If, as part of the CDS auction, the Single Net Protection Seller submits a Customer Physical Settlement Buy Request that is larger than the outstanding principal balance of Available Deliverable Obligations, by definition those Available Deliverable Obligations will not be sufficient, in the second stage of the CDS auction (the Subsequent Bidding Period), to fill the entire net Open Interest to buy created as a result.


More Definitions of Subsequent Bidding Period

Subsequent Bidding Period means (a) with respect to the Senior Auction, any time between 12:45p.m. and 1:00 p.m. London time on the Auction Date and (b) with respect to the Subordinate Auction, any time between 2:30 p.m. and 2:45 p.m. London time on the Auction Date or such longer period as the Administrators may prescribe if they determine (in their sole and absolute discretion) that a longer period is required to preserve the integrity of the Auctions (in each case, the "Originally Scheduled Subsequent Bidding Times"), or, with respect to either Auction, if the process described in Sections(3) and (4)(a) and (4)(b) of this Exhibit 2 must be repeated pursuant to Section (10) of this Exhibit 2, the fifteen minute period occurring two or four hours, as the case may be, after the Originally Scheduled Subsequent Bidding Times on the Auction Date, or at such times on a subsequent Business Day as required under Section (10) of this Exhibit 2 (or at such other times as the Administrators determine is necessary to implement the procedures described in this Exhibit 2), until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Event.
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Subsequent Bidding Period means (a) the Originally Scheduled Subsequent Bidding Period,
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Subsequent Bidding Period means (a) any time between 12:45 p.m. and 1:00 p.m. London time on the Auction Date (the "Originally Scheduled Subsequent Bidding Period"), or (b) such period that lasts longer, or occurs later, than the Originally Scheduled Subsequent Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction or (c), if the process described in Sections (3) and (4)(a) and (4)(b) above must be repeated pursuant to Section (10) above, the time period (whether less than, equal to or longer than the Originally Scheduled Initial Bidding Period, as the Administrators may prescribe, in their sole and absolute discretion, to preserve the integrity of the Auction) occurring (i) at such time(s) specified by the Administrators after such Originally Scheduled Subsequent Bidding Period on the Auction Date or (ii) at such times on a subsequent Business Day, as applicable, under Section (10) above, until the earlier of the Final Price Determination Date or the occurrence of an Auction Cancellation Date.
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Subsequent Bidding Period means (a) the Originally Scheduled Subsequent Bidding Period, (b) such period that lasts longer than or occurs later than such Originally Scheduled Subsequent Bidding Period, as the Administrators may prescribe if they determine (in their sole and absolute discretion) that such modified period is required to preserve the integrity of the Auction or (c), if the auction procedure described in Sections 4 and 5(a) and 5(c) of
Sample 1
Subsequent Bidding Period means any time during the fifteen minutes preceding the turn of the hour that is greater than two hours but less than three hours after the announcement by the Administrators of the Open Interest. (For example, if such announcement is made at 10:30 a.m. New York time, the Subsequent Bidding Period would be anytime between 12:45 p.m. and 1:00p.m. New York time on the same day.) If any Subsequent Bidding Period would occur after 6:00p.m. New York time on the relevant day, then the Subsequent Bidding Period will be any time between 9:45 a.m. and 10:00 a.m. New York time on the subsequent Business Day.
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Related to Subsequent Bidding Period

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Waiting Period shall have the meaning set forth in Section 2.2.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Offering Period means a period with respect to which the right to purchase Common Stock may be granted under the Plan, as determined by the Committee pursuant to Section 5(a).

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.