Basket Price definition
Basket Price means at any time (the “Relevant Time”) on any Business Day an amount calculated by the Calculation Agent equal to the sum of the QR Prices in respect of each Reference Obligation, provided that, if, in respect of a Reference Obligation:
Basket Price means the simple average of each Day's price quote, as described above, for the geographic location closest in proximity to the Delivery Point(s) for the relevant Day for Houston Pipe Line, Midcon Texas Pipeline, the Agua Dulce hub, Koch ▇▇▇eway, Tennessee Gas Pipeline - South Texas, and NGPL - South Texas. Should any element used in calculating the Basket Price no longer be available, the Parties shall, by mutual agreement, determine whether a substitute element is necessary. The monetary amounts owed by Shipper or by Transporter for that Month's cash-out will be debited or credited to the monetary amounts owed by Shipper to Transporter for that Month's transportation.
Basket Price means, in respect of any Automatic Early Redemption Valuation Date, an amount determined by the Calculation Agent equal to the sum of, in respect of each Fund Share, the product of (i) the ETF Price or NAV per Fund Share as applicable in respect of such Fund Share on such Automatic Early Redemption Valuation Date and (ii) the relevant Weighting.
Examples of Basket Price in a sentence
The State shall pay Market Basket Price less 10% if any Market Basket items are removed without notification forcing Non-Market Basket Substitutes to be purchased.
The Market Price of Crude Oil shall be equal to the Realized Price or the Crude Oil Basket Price as determined in accordance with Sub-article 14.4 at the time of sale, whichever is highest.
Should any element used in calculating the Basket Price no longer be available, the Parties shall, by mutual agreement, determine whether a substitute element is necessary.
The product of multiplying the Controlled Oil for a valuation period times the Basket Price Of Controlled Oil for such period, from which the cost of transportation and storage if applicable, will be subtracted.
The product of multiplying the Controlled Condensates of a Valuation Period times the Basket Price of Controlled Condensates for such period, from which price the cost of transportation and storage if applicable, will have been subtracted.
More Definitions of Basket Price
Basket Price means, for any Make Whole Fundamental Change, the sum of (i) the product of (A) the Series A Weighting and (B) the Series A Share Price for such Make Whole Fundamental Change and (ii) the product of (A) the Series C Weighting and (B) the Series C Share Price for such Make Whole Fundamental Change.
Basket Price means the simple average of each Day's price quote, as described above, for the geographic location closest in proximity to the Delivery Point(s) for the relevant Day for Houston Pipe Line, Midcon Texas Pipeline, the Agua Dulce hub, Koch ▇▇▇eway, Tennessee Gas Pipeline-South Texas, and NGPL - South Texas. Should any element used in calculating the Basket Price no longer be available, the Parties shall, by mutual agreement, determine whether a substitute element is necessary. The monetary amounts owed by Shipper or by Transporter for that Month's cash-out will be debited or credited to the monetary amounts owed by Shipper to Transporter for that Month's transportation. ARTICLE XI PRESSURES 11.1 PRESSURE AT RECEIPT POINT(S) - All Gas delivered at a Receipt Point(s) shall be delivered at pressures sufficient to enter Transporter's system at the working pressures maintained by Transporter at the Receipt Point(s) from time to time. Transporter shall not be obligated to receive Gas at pressures exceeding the Maximum Allowable Operating Pressures ("MAOP") prescribed under any applicable governmental regulations and in no event will such pressure exceed the MAOP of the system. Transporter's MAOP at the Conoco Fandango Receipt Point is 945 psig (959.65 psia). 11.2
Basket Price means, in respect of any Automatic Early Redemption Valuation Date, an amount determined by the Calculation Agent equal to the sum of the values for each Share as the product of (i) the Share Price of such Share on such Automatic Early Redemption Valuation Date and (ii) the relevant Weighting; and
Basket Price means, in respect of a Valuation Date, the sum of the values (which may never be less than zero) calculated by the Calculation Agent in respect of each Index comprising the Index Basket determined in accordance with the following formula:
Basket Price means at any time on any Business Day an amount calculated by the Calculation Agent equal to the sum of the QR Prices in respect of each Reference Obligation.
Basket Price means, in respect of any Automatic Early Redemption Valuation Date, an amount determined by the Calculation Agent equal to the sum of the values for each Equity as the product of
Basket Price means, in respect of any Automatic Early Redemption Valuation Date, an amount determined by the Calculation Agent equal to the sum of the values for each Index as the product of (i) the Index Level of such Index on such Automatic Early Redemption Valuation Date and (ii) the relevant Weighting; and