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.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Market Clearing Price. As soon as practicable after the Submission Deadline, the Auction Agent shall assemble all bids for the Depositary Shares 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 Depositary Shares pursuant to Section 2.3(e).
Sample 1Sample 2See All (4)

Related to Market Clearing Price

  • Settlement Price For any Valuation Date, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page NEM.N <equity> AQR (or any successor thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date, as determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii) the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of Warrants, as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it deems appropriate using a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market Disruption Event. Settlement Date(s): As determined in reference to Section 9.4 of the Equity Definitions, subject to Section 9(m)(i) hereof.

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