Market Clearing Price Sample Clauses
Market Clearing Price. Shall be determined by reference to the Platts Gas Daily Index, Daily Price Survey for "Appalachia," “Dominion North Point" ("GAS INDEX") plus the Dominion Transportation, Inc. ("DTI") variable transportation rate to the Company's city gate averaged for the 30 day period ending with the effective date of the submitted energy services company's Billing Price Determinants. In the event that the GAS INDEX is not published for Dominion North Point, then the Platts Gas Daily Index, Daily Price Survey for "Appalachia", "Dominion South Point" for Appalachia shall be substituted for purposes of determining the Market Clearing Price under this Section.
Market Clearing Price. As soon as practicable after the Submission Deadline, the Auction Agent shall assemble all bids for the Securities received through the Website prior to the Submission Deadline in descending order of bid price and shall determine the Market-Clearing Price and which bids equal or exceed the Market-Clearing Price. The Auction Agent shall accept bids that equal or exceed the Market-Clearing Price and shall allocate the Securities pursuant to Section 2.3(e).