Common use of Market Clearing Price Clause in Contracts

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.

Appears in 4 contracts

Samples: Agreement for Billing Services, Agreement for Billing Services, Agreement for Billing Services

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