Benchmark option definition

Benchmark option means an energy resource against which bids in an open bid process may be evaluated that:
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Benchmark option means an energy resource against which bids in an open bid
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Examples of Benchmark option in a sentence

  • PacifiCorp will not be submitting a self-build, or Benchmark, option in this RFP or accepting bids from any PacifiCorp affiliate in this RFP.

  • It assigned to the Board the duty to monitor the market to examine the “adequacy of existing regulatory and legislative provisions” to protect consumers, particularly low-income consumers,16 and directed the Board to prohibit unfair or deceptive acts or practices – practices designed to evade HOEPA – and refinancings associated with practices that are abusive or otherwise not in the interest of the borrowers.

  • Immediately prior to the Effective Time, each then outstanding option or warrant to purchase Benchmark Common Shares, shall be converted into the right to receive in cash (a) the excess, if any, of (i) the Per Share Consideration over (ii) the per share exercise price of such Benchmark option or warrant multiplied by (b) the number of Benchmark Common Shares subject to such option or warrant, less (c) applicable tax withholdings (the “Option and Warrant Payment Amount”).

  • Our issue with the Benchmark option was that it had a different cost and risk profile as compared to third-party bidders.

  • For the Owner’s changes, prudence rules would apply, similar to changes in a Benchmark option.

  • For example, UAE cites Commission rules that “all bids must be considered and evaluated against the Benchmark option on a fair and comparable basis” [R746-420-3(8)(i).

  • The development of initial screening and evaluation criteria that take into consideration the assumptions included in the soliciting utility's most recent IRP, any recently filed IRP update, any Commission Order on the IRP or IRP update and its Benchmark option; o.

Related to Benchmark option

  • SAR means a stock appreciation right granted under the Plan.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Employee Option means an Option granted pursuant to Section 5.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • SARS means the South African Revenue Service.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Director Option means an Option granted pursuant to Section 6.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.