Average offer definition
Average offer means the sum of an offer and a counteroffer, divided by two. If no counteroffer is made, the offer shall be used as the average offer.
- Home
- Dictionary
- Average offer
Related to Average offer
Exchange Offer has the meaning set forth in the Registration Rights Agreement.
Real-time Offer means a new offer or an update to a Market Seller’s existing cost-based or market-based offer for a clock hour, submitted for use after the close of the Day-ahead Energy Market.
Exchange Offer Registration Period means the one-year period following the consummation of the Registered Exchange Offer, exclusive of any period during which any stop order shall be in effect suspending the effectiveness of the Exchange Offer Registration Statement.
Permitted Debt Exchange Offer shall have the meaning provided in Section 2.15(a).
Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.