Commodity Fee definition

Commodity Fee means the fee Clean Energy shall pay Xxxxxxxx for the purchase of LNG under this Sales Agreement.
Sample 1
Commodity Fee shall have the meaning set forth in Section 3.3.
Sample 1
Commodity Fee is defined in Section 6.1.
Sample 1

Examples of Commodity Fee in a sentence

  • This Agreement provides FP&L with up to 3.2 million gallons per day (MGD) of bulk potable water through February 28, 2014, at an initial cost of $1.49 per thousand gallons (Commodity Fee).

  • The Commodity Fee is intended to recover the customer’s share of the District’s variable operating expenses and a portion of fixed and non-variable expenses not recovered by the Base Facility Charge.

  • If the Parties agree to Extra Loads, then Clean Energy shall purchase the Extra Loads at the Liquefaction Fee and Commodity Fee and Xxxxxxxx shall be obligated to produce such Extra Loads.

  • Shipper shall pay Gatherer a usage or commodity fee as specified in the Individual Transaction Confirmation, which will be billed and/or calculated on the volume of Shipper’s Gas that Gatherer receives at the Receipt Point(s) ("Commodity Fee").

  • The supplying party shall then invoice the receiving party based on the prevailing Emergency Commodity Fee, and the receiving party shall make payment to the County within thirty (30) days from the date the bill is rendered by the supplying party.

  • If you have less than 50 gallons remaining on 5/1/2014, no Storage and Commodity fees apply.Gallons undelivered as of 5/1/2014 Storage and Commodity Fee per gallon Less than 50 gallons $0.00 per gallon50 - 99.9 gallons $0.35 per gallon100-199.9 gallons $0.45 per gallon200 - 299.9 gallons $0.55 per gallon300 gallons or more $0.65 per gallonOn 5/1/2014, any remaining gallons will be converted to a dollar credit based upon your purchase price per gallon, less storage and commodity fees.

  • If Seller and Buyer are unable to agree on a Commodity Fee for the next Month, no Commodity Fee shall be effective for such Month and Buyer shall not be permitted to receive merchant service from Setter during such Month.

  • If a Commodity Fee is not in effect for such Month, the price at which a Positive Monthly Imbalance is cashed- out shall equal the sum of (A) the price as first published in the Month during which the Buyer experienced the Positive Monthly Imbalance as the "Louisiana Index" price for Columbia Gulf Transmission Company as listed under "Prices of Spot Gas Delivered to Pipeline" (per MMBtu dry) in Inside FERC's Gas Market Report by MxXxxx-Xxxx, Inc.

  • Beginning January 1, 2015, and for each calendar year thereafter, the Commodity Fee shall be adjusted by an amount equal to prior year's (measured October to October) designated CPI or 3% whichever is lower.

  • The Commodity Fee is intended to recover the Customer’s share of the Utility’s variable operating expenses.


More Definitions of Commodity Fee

Commodity Fee has the meaning set forth in Section 6.2.
Sample 1
Commodity Fee means the per Dekatherm fee for Firm Transportation Service set forth on the Service Agreement for the actual Gas delivered to the Point(s) of Delivery.
Sample 1

Related to Commodity Fee

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • commodity derivatives means commodity derivatives as defined in Article 2(1)(30) of Regulation (EU) No 600/2014;

  • Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.

  • Commodity Hedging Agreement means any agreement with respect to a commodity swap or other agreement regarding the hedging of commodity purchase and sale exposure executed in connection with hedging the commodity purchase and sale exposure of the Borrower and its Subsidiaries, and any confirming letter executed pursuant to such commodity hedging agreement, all as amended, restated or otherwise modified.

  • Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Collateral Agent establishing the Collateral Agent’s Control with respect to any Commodity Account.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Commodity intermediary means a person that:

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Commodity Price Protection Agreement means, in respect of a Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement designed to protect such Person against fluctuations in commodity prices.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Commodity means any material, article, supply, goods, or equipment.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Swap means any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

  • Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Forward Hedge Amount means, for any Forward, the amount specified as such in the Placement Notice for such Forward (as amended by the corresponding Acceptance, if applicable), which amount shall be the target Aggregate Sales Price of the Forward Hedge Securities to be sold by the Forward Seller or an Alternative Forward Seller in respect of such Forward, subject to the terms and conditions of this Agreement or the Alternative Distribution Agreement, as applicable.

  • Commodity Exchange Act means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.