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
The Annual Shipping Auction Premium Rebate shall be calculated based on the following formula: AAPR = ⎛ ATAPR − ATAC ⎞×ATTSC ⎝ ⎠ ⎜ ATTSAC ⎟ Where: AAPR is amount of the Annual Shipping Auction Premium Rebate paid to the Customer.
The Harvest Shipping Auction Premium Rebate shall be calculated based on the following formula: HAPR = ⎛ HTAPR −HTAC ⎞×HTTSC ⎝ ⎠ ⎜ HTTSAC ⎟ Where: HAPR is amount of the Harvest Shipping Auction Premium Rebate paid to the Customer.
More Definitions of Auction Premium
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 and the Clearing Price of an IP Capacity Auction.
Auction Premium has the meaning given in Annex B-1 paragraph 2.5.1(c) of the IUK Access Code;
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 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 Interconnector Access Code;