Average Index Price definition

Average Index Price means the average of the daily current market price of the Index for the 20 consecutive full trading days ending at the closing of trading on the Determination Date.

Average Index Price means the average of the Index Prices for the ten consecutive full NYSE trading days ending at the close of trading on the Determination Date.

Average Index Price has the meaning set forth in Section 9.01(i)(ii).

Examples of Average Index Price in a sentence

• The Fuel Surcharge Rate is 1% per $.10 increase in the Average Index Price for Pacific Northwest Ultra Low Sulfur No2 over $2.00 per gallon (Calculation: Average Index Price - $2.00 /$.10 = Fuel Surcharge Rate %).

• Buyer may be charged a fuel surcharge on the Transportation Differential, when the Average Index Price for Pacific Northwest Ultra Low Sulfur No 2 is over $2.00 per gallon the Fuel Surcharge may be added to the price if indicated on the Fuel Quotation form.

• Floating Gas Rate = Where, HDD = Heating Degree Days, for each day in the billing cycle AECO-C DI = Daily Average Index Price of AECO-C, per GJ, for each day in the billing cycle TF = The transaction fee payable per GJ for natural gas.

• TMX WCS TMX 1B INDEX SWAP FUTURE DescriptionA monthly cash settled fixed for floating swap future based on the TMX WCS (Western Canadian Select) TMX Daily Weighted Average Index Price Index (TMX WCS TMX 1B1b).

• If, following [***] days of good faith negotiations, the Parties are unable to agree on the price, such Year’s price will be the same as the Average Index Price.

More Definitions of Average Index Price

Average Index Price shall have the meaning as set forth in the Section 9.1(g) of the Agreement.

Average Index Price means the average of the daily current market price of the Index for the 20 consecutive full trading days ending at the closing of trading on the trading day immediately prior to the Determination Date.

Average Index Price on a given date means the price (rounded to two decimal places) derived by adding the closing price of the Nasdaq Bank Index as reported by Bloomberg LP (symbol: CBNK) on each of the ten (10) consecutive Nasdaq trading days ending on such given date, and dividing such sum by ten (10).

Average Index Price means, as of the Starting Date or the Determination Date, the average of the weighted average (weighted in accordance with the market capitalization of such companies on the Starting Date) of the daily closing prices of the common stocks of the companies composing the Index Group as reported on the NYSE Composite Tape (as reported in The Wall Street Journal or, if not reported therein, in another authoritative source) on the Starting Date or for the ten consecutive full trading days in which such shares are traded on the NYSE ending at the close of trading on the Determination Date.

Average Index Price means the average closing price of the NASDAQ Bank Index (as reported in The Wall Street Journal or, if not reported thereby, another alternative source as chosen by BFST) during the ten (10) consecutive trading days immediately prior to the applicable date.

Average Index Price means the average of the closing sales prices of the HMO Index on the American Stock Exchange, as reported in the Wall Street Journal for the twenty (20) consecutive Business Days ending on the Determination Date. “beneficial ownership” (and related terms such as “beneficially owned” or “beneficial owner”) has the meaning set forth in Rule 13d-3 under the Exchange Act.

Average Index Price means the average of the arithmetic average of the high postings of the applicable price index on the first date of lift, and the 1 calendar days before and 1 calendar days after the first date of lift. If no price is reported by the price index reporting service for any day used in determining the Average Index Price, the applicable price index for the most recent previously reported day shall be used for that day. The “first date of lift” for any delivery shall be that day during which Seller’s barge hoses are first flanged up to Seller’s fuel supplier’s header, date of fuel acquisition from fuel supplier, or date which a futures contract was entered or sold, at the sellers discretion. A lift that begins on one day and ends on another will be treated as though the lift were completed on the date that the lift began.