Auction Premium definition

Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

Auction Premium means the difference between the Clearing Price and the Reserve Price in an Auction.

Auction Premium means the difference between the clearing price and the reserve price in an auction;

Examples of Auction Premium in a sentence

For unbundled Transmission Services, in case the Auction results in an Auction Premium, the Auction Premium will be charged by TSO, in accordance with Attachment A of the Access Code for Transmission.
For the auctioning of daily and within-day Services, a uniform price Auction algorithm is applied (for details, see PRISMA GTC’s)For bundled Transmission Services, in case the Auction results in an Auction Premium, the Auction Premium will be charged by TSO, in accordance with Attachment A of the Access Code for Transmission.
The Company will pay the Auction Premium Rebate (if any) to the Client in accordance with the Port Loading Protocols.
The existing Service(s) shall not be further affected by the conversion, in particular no additional fee will be charged for the TSO part of the newly acquired Bundled Capacity except any eventual Auction Premium.
Glossary Auction Premium – The amount that is added to the hammer price (also known as the sale price).

Auction Premium means any additional amount paid by the Customer for Capacity which is in excess of the start price for Capacity within a Lot in the Auction.

Auction Premium means the amount (if any) by which the Clearing Price exceeds the Starting Price;

Auction Premium means the difference (if any) in price between the Reserve Price in respect of capacity available at any specified Capacity Auction and the Clearing Price at the same Capacity Auction;

Auction Premium means the difference (if any) in price between the Reserve Price and the Clearing Price of an IP Capacity Auction.

Auction Premium has the meaning given in Annex B-1 paragraph 2.5.1

Auction Premium means the premium as the result of an Auction, as described in the PRISMA General Terms and Conditions (GT&C’s) in appendix of attachment B of the Access Code for Transmission.

Auction Premium has the meaning given in Annex B-1 paragraph 2.5.1(c) of the IUK Access Code;