Common use of Calculation of Floating Price Clause in Contracts

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (D)

Appears in 6 contracts

Samples: Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement

AutoNDA by SimpleDocs

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (D)

Appears in 5 contracts

Samples: Confirmation Agreement, Consent and Amendment Agreement, Master Power Purchase and Sale Agreement

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (D)ARTICLE FIVE:

Appears in 4 contracts

Samples: Master Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (DC)

Appears in 3 contracts

Samples: Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1)one, and if the fourth (4th) decimal number is less than five (5)five, then the third (3rd) decimal number shall remain unchanged.” (D)”.

Appears in 2 contracts

Samples: Base Contract for Sale and Purchase, Gas Annex Cover Sheet

AutoNDA by SimpleDocs

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth four the (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth four the (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (D)

Appears in 1 contract

Samples: Master Power Purchase and Sales Agreement (Texas Genco Holdings Inc)

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1)one, and if the fourth (4th) decimal number is less than five (5)five, then the third (3rd) decimal number shall remain unchanged.” . Gas Sale and Purchase Contract (DDecember 1, 2004)

Appears in 1 contract

Samples: Service Agreement (Progress Energy Inc)

Calculation of Floating Price. For the purposes of the calculation of a Floating Price, all numbers shall be rounded to three (3) decimal places. If the fourth (4th) decimal number is five (5) or greater, then the third (3rd) decimal number shall be increased by one (1), and if the fourth (4th) decimal number is less than five (5), then the third (3rd) decimal number shall remain unchanged.” (D)

Appears in 1 contract

Samples: Master Power Purchase and Sale Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.