Daily Index Price definition

Daily Index Price or "DIP" shall mean for any Day the average of the two prices for such Day, using flow date and quantity data as shown for the following indices:

Daily Index Price or "DIP" shall mean for any Day the volume weighted average of the prices published for such Day, using flow Day and volume data as reported under the “AVG” and “VOL” columns, respectively, in Intelligence Press’ “NGI’s Daily Gas Price Index” in the table entitled “NGI Cash Market Prices” for the following indices under the East Texas and South Louisiana price categories:

Daily Index Price or "DIP" shall mean for any Day the volume weighted average of the prices published for such Day, using flow Day and volume data as reported under the “AVG” and “VOL” columns, respectively, in Intelligence Press’ “NGI’s Daily Gas Price Index” in the table entitled “NGI Cash Market Prices” for the following indices under the East Texas and South Louisiana price categories: Transco Zone 2 (less intrazone IT and fuel rates for Zone 2 set out in Transco's FERC Gas Tariff) Columbia Gulf Mainline Columbia Gulf Onshore Transco Zone 3 (less intrazone IT and fuel rates for Zone 3 set out in Transco's FERC Gas Tariff) Texas Eastern W. La ANR SE

Examples of Daily Index Price in a sentence

• Daily Over-Delivery Charge: The Daily Over-Delivery Charge shall be the lowest of the sums of each Daily Index Price and the firm pipeline transportation commodity rate, including fuel and all surcharges, applicable to each Daily Index Price.

• The Daily Index Price will be the daily average of the MichCon city-gate midpoint price and the Consumers city-gate midpoint price as published in Platts Gas Daily.

• When an Operational Flow Order pursuant to section 16 is in effect, Shipper's Net Imbalance as set forth in the applicable bracket: Net Imbalance Imbalance Charge per Dth >3%-7% $ 25.00 plus the Daily Index Price >7%-15% $ 50.00 plus the Daily Index Price >15% $100.00 plus the Daily Index Price The "Daily Index Price" shall equal the midpoint in the range of prices reported each Day for “Alliance, into interstates” as published by Gas Daily.

• A Shipper may be subject to a penalty for failure to comply with a System Operations Order calculated by multiplying the Shipper’s Daily Imbalance times the East Daily Index Price or West Daily Index Price (as appropriate) times the Daily Index Penalty Percentage.

• If the applicable index remains unavailable for sixty (60) consecutive days, TIGER shall make a limited tariff filing pursuant to Section 4 of the Natural Gas Act requesting Commission authorization to adopt an appropriate replacement index to use in the computation of the Daily Index Price.

More Definitions of Daily Index Price

Daily Index Price means any one of the following daily index prices applicable to the sale of Gas from Powerex to B.C. Hydro pursuant to this Agreement, as determined by Powerex in accordance with Section 7.5 of the Agreement:

Daily Index Price means the price survey midpoint for the specified point as published in Gas Daily for the day of gas flow. Weekend and holiday prices will be determined using the next available Gas Daily publication. Unless otherwise noted, the references to the "NGI FOM" for a specified point shall mean Natural Gas Intelligence's First of Month Bid Week Survey (Supplement to NGI's Weekly Gas Index) Spot Gas Price for the specified point. /4 Reserved /5 GTN and Shipper have agreed to a Fixed Reservation Rate Charge of $0.26300 inclusive of the mileage and non-mileage components, which shall be applicable to the Primary Receipt and Delivery Points as well as secondary points, as follows:

Daily Index Price means the price survey midpoint for the specified point as published in Gas Daily for the day of gas flow. Weekend and holiday prices will be determined using the next available Gas Daily publication. Unless otherwise noted, the references to the "NGI FOM" for a specified point shall mean Natural Gas Intelligence's First of Month Bid Week Survey (Supplement to NGI's Weekly Gas Index) Spot Gas Price for the specified point. /4 ReservedThe Maximum LTF Settlement Rate, as filed on October 31, 2007, in the Stipulation and Agreement of Settlement in Docket No. RP06-407-000 ("Settlement"), and approved by the Federal Energy Regulatory Commission on January 7, 2008, applies to the remaining initial term of contract F-10526 beyond the "Moratorium," as that term is defined in Article V.A.1 of the Settlement. /5 ReservedGTN and Shipper have agreed to a Fixed Reservation Rate Charge of $0.26300 inclusive of the mileage and non-mileage components, which shall be applicable to the Primary Receipt and Delivery Points as well as secondary points, as follows:

Daily Index Price. AECO "C" Daily Index Price” means, the average price in Canadian dollars per GJ published on the "Canadian domestic gas price report" page, in the table “Daily Spot Gas Price at AECO "C" & NOVA Inventory Transfer” reported for the applicable day (excluding those prices on lines for which the date is a Saturday, a Sunday or a statutory holiday that falls on a Monday or a Friday and substituting in place of each such day the price on the line identified as “Weekend#” for the weekend occurring closest to such day) in the first edition of the Canadian Gas Price Reporter (“CGPR”) published in the month immediately following the month in which such day falls. If a statutory holiday falls on a Tuesday, Wednesday or Thursday, the AECO “C” Daily Index Price for such day shall be the AECO “C” Daily Index Price for the previous business day. It may be necessary to use the CGPR for the preceding month to locate the AECO “C” Daily Index Price for the closest business day or weekend.

Daily Index Price means any one of the following daily index prices applicable to the sale of Gas from Powerex to B.C. Hydro pursuant to this Agreement, as determined by Powerex in accordance with Section 10.4 of the Agreement:

Daily Index Price or "DIP" shall mean for any Day the

Daily Index Price or "DIP" shall mean for any Day the volume weighted average of the average prices published for such Day, using flow Day and volume data as shown for the following indices: