Auction Price definition
Examples of Auction Price in a sentence
A line item on this Statement will show amounts due equal to the Auction Price multiplied by the applicable Seasonal Billing Factor multiplied by PMEA for the Billing Month in question.
The Company shall thereafter implement the rate increase or rate decrease for Firm Transmission Service, if any, through an appropriate adjustment in the Auction Price in accordance with the directives of the BPU in its order.
Auction Price – the price, set forth in Appendix A, resulting from the Company’s auction of the opportunity to supply BGS-RSCP.
If less than two bids are received or the highest bid after the resolicitation process is completed is not equal to or in excess of the Minimum Auction Price, the Trustee shall not consummate such sale.
If the Auction Administrator receives at least three bids for the Assets, and one of such bids is equal to or greater than the Minimum Auction Price, the Auction Administrator shall sell (such sale, an "Auction") the related Assets to the highest bidder (the "Auction Purchaser") at the price offered by the Auction Purchaser (the "Mortgage Loan Auction Price").