Revocation Value definition

Revocation Value means, in respect of a Revoked Credit, the ICE NGX monthly index price for the applicable type and vintage of Environmental Product at the expiry of trading for the contract under which the Revoked Credit was delivered;
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Examples of Revocation Value in a sentence

  • For greater certainty, Exchange will not be liable to Buyer, and will not provide any indemnification to Buyer, under this Section or any other provision of this Agreement including this Schedule, in respect of a Revoked Credit other than for any Replacement Credits or amount collected from the Warranting Seller or pursuant to a claim on the Revocation Warranty Fund and will not be liable for any Revocation Value or Unsatisfied Revocation Amount greater than the Revocation Warranty Fund.

  • In the event that one or more Revocations are notified to a Warranting Seller within 15 Business Days of another Revocation, and the aggregate of the Revocation Value and Replacement Credits provided by the Warranting Seller constitutes only partial satisfaction of the aggregate Revocation Obligations for such Revocations, the disbursement of Revocation Value and Replacement Credits to each affected Buyer will be prorated as a proportion of the Warranting Seller’s aggregate Revocation Obligation.

Related to Revocation Value

  • Termination Value means, in respect of any one or more Hedging Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedging Agreements, (a) for any date on or after the date such Hedging Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the ▇▇▇▇-to-market value(s) for such Hedging Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedging Agreements (which may include a Lender or any Affiliate of a Lender).

  • Option Value means the value of a Common Stock Equivalent based on the Black Scholes Option Pricing model obtained from the “OV” function on Bloomberg determined as of (A) the Trading Day prior to the public announcement of the issuance of the applicable Common Stock Equivalent, if the issuance of such Common Stock Equivalent is publicly announced or (B) the Trading Day immediately following the issuance of the applicable Common Stock Equivalent if the issuance of such Common Stock Equivalent is not publicly announced, for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of the applicable Common Stock Equivalent as of the applicable date of determination, (ii) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of (A) the Trading Day immediately following the public announcement of the applicable Common Stock Equivalent if the issuance of such Common Stock Equivalent is publicly announced or (B) the Trading Day immediately following the issuance of the applicable Common Stock Equivalent if the issuance of such Common Stock Equivalent is not publicly announced, (iii) the underlying price per share used in such calculation shall be the highest VWAP of the Common Stock during the period beginning on the Trading Day prior to the execution of definitive documentation relating to the issuance of the applicable Common Stock Equivalent and ending on (A) the Trading Day immediately following the public announcement of such issuance, if the issuance of such Common Stock Equivalent is publicly announced or (B) the Trading Day immediately following the issuance of the applicable Common Stock Equivalent if the issuance of such Common Stock Equivalent is not publicly announced, (iv) a zero cost of borrow and (v) a 360 day annualization factor.

  • Transaction Value : means the actual contract value (the bid sum or price) in South African currency, inclusive of all applicable taxes in respect of the goods, services or construction works that are contracted for.

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the ▇▇▇▇-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Coupon Valuation Date means the date specified under the heading “Valuation Date” in the table below in respect of each Interest Payment Date.