Commodity Price definition

Commodity Price shall have the meaning given to it in paragraph 4 of Framework Schedule 3 (Charging Structure);

Commodity Price shall have the meaning set forth in Section 4.2.

Commodity Price means the price of gas for each month which shall be mutually agreed upon by the parties and subsequently confirmed in writing prior to the date Buyer's nomination notice to Seller is due for the month of delivery. In the event that the parties fail to reach agreement as to the Commodity Price, the Alternate Commodity Price determined in accordance with Section 4.3 shall apply.

Examples of Commodity Price in a sentence

• If the Unit can burn only Jet, the Commodity Price shall be the midpoint of the range for Jet.

• The Commodity Price for Distillate Fuel Oil shall be the simple average of the midpoint of the ranges for CARB No. 2 Diesel and for Jet as published in Xxxxx’x Oilgram United States West Coast Product Assessments (page 22).

• Commodity Price Risk: Enerplus manages a portion of commodity price risk through a combination of financial derivative and physical delivery sales contracts.

• Commodity Price Risk Commodity price risk arises from the effect fluctuations in future commodity prices may have on future cash flows.

• Commodity Price RiskCommodity price risk arises from the effect that fluctuations of future commodity prices may have on the fair value or future cash flows of financial assets and liabilities.

More Definitions of Commodity Price

Commodity Price as used here means the price that utilities pay for the natural gas for their utility customers. Utilities pass these costs, with no markup on the gas price, to customers.

Commodity Price means the current price of the Commodity. For the avoidance of any doubt, this shall not be the futures contract value but the futures contract value divided by the applicable contract factor (the value of 1.0 future’s point) specified on the applicable Bloomberg page referred to in the definition of the relevant Series, and if no such page reference exists, such other page reference as the Calculation Agent determines;

Commodity Price means the Confidential Information listed in the Call Off Order Form (if any) comprising of commercially sensitive information relating to: - (a) the pricing of the Services; (b) details of the Supplier’s IPR; (c) the Supplier’s business and investment plans; and/or (d) the Supplier’s trade secrets; which the Supplier has indicated to the Customer that, if disclosed by the Customer, would cause the Supplier significant commercial disadvantage or material financial loss; Shall have the meaning given to it in Schedule 3 of the Framework Agreement

Commodity Price means, for any Business Day, the spot price per barrel of West Texas Intermediate light sweet crude oil for delivery in Cushing, Oklahoma, stated in U.S. Dollars, as published under the heading “Spot Crude Price Assessments: U.S.:WTI” in the issue of Xxxxx’x Oilgram that reports prices effective on such date; provided that if no such price is published on a particular Business Day, then the price for such date shall be the price most recently published prior to such date, and if the above publication ceases to be published during the term hereof, its successor publication shall be used or, if there is no successor, then a comparable published index shall be substituted in replacement thereof.

Commodity Price means the base price per MMBtu as determined pursuant to Sections 5.2, 5.3, 5.4, hereof.

Commodity Price means, in relation to the Relevant Commodity on each Pricing Date, the price for that day per unit of the Relevant Commodity specified in the table below as the Commodity Reference Price;

Commodity Price means, in respect of a Commodity or a Component as applicable, the price or other unit of quotation for such Commodity or Component specified in the relevant Final Terms;