Common use of Calculating Implied Orders Clause in Contracts

Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 to 13.8.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) If, at any time on a trading day, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 2 contracts

Samples: Gas Supply Hub Exchange Agreement, Gas Supply Hub Exchange Agreement

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Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 13.7.2 to 13.8.4 13.7.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) If, at any time on a trading day, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 2 contracts

Samples: Gas Supply Hub Exchange Agreement, Gas Supply Hub Exchange Agreement

Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 13.6.2 to 13.8.4 13.6.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) If, at any time on a trading daytTrading dDay, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 1 contract

Samples: Gas Supply Hub Exchange Agreement

Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 13.6.2 to 13.8.4 13.6.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) If, at any time on a trading dayTrading Day, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 1 contract

Samples: Gas Supply Hub Exchange Agreement

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Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 13.6.2 to 13.8.4 13.6.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) If, at any time on a trading day, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 1 contract

Samples: Gas Supply Hub Exchange Agreement

Calculating Implied Orders. (a) The information to be displayed as Implied Orders will be calculated using the rules in clauses 13.8.2 13.6.2 to 13.8.4 13.6.4 and will be amended or may be withdrawn from time to time to reflect changes in the current Orders on the Exchange or as otherwise provided for in this agreement. (b) . If, at any time on a trading day, an Order in Column A in the table below and an Order in Column B in the same row are displayed on the Exchange for Related Products for the same Delivery Period: (i) : the Implied Order in the same row will be automatically displayed for the remaining Related Product for the same Delivery Period; and (ii) and the Price or Spread Product Price (in $/GJ) for that Implied Order will be determined in accordance with formula in the last column of that row (with A being the Price for the Order in Column A and B being the Price or Spread Product Price (as applicable) for the Order in Column B).

Appears in 1 contract

Samples: Gas Supply Hub Exchange Agreement

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