Common use of ENERGY DERIVATIVES SECTION Clause in Contracts

ENERGY DERIVATIVES SECTION. ENERGY FUTURES The daily settlement price for energy futures shall be determined on the basis of the average contract prices or the best bid/ask quotations observed on the Market during a significant trading period or on the basis of the average contract prices or the best bid/ask quotations of similar instruments in the relevant markets.

Appears in 9 contracts

Samples: www.lseg.com, www.lseg.com, www.lseg.com

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