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
If Transporter requires a specific action to be taken and Shipper fails to take such action as requested in Transporter’s notice, Transporter may assess and Shipper shall pay Transporter, an imbalance penalty 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.
However, the FGA pointed out that the Canadian Gas Price Reporter (CGPR) for December 2001, which is widely circulated, indicates that the November 2001 Daily Index Price represents the Total Weighted Average of all transactions, including weekend deals.
The rate for “Overrun Gas” shall be equal to the calendar month average of the Gas Daily Index Price per dekatherm for the Chicago City-Gate GDD, plus $0.08.
Costs incurred by the party carrying out the explosion to ensure, within the hydrodynamic measurement zone, a density of stemming material no less than 70 percent of the average density of the surrounding rock shall be borne by the Verifying Party.
If the Daily Index Price is discontinued or materially modified, Buyer or Seller will inform the other party by written notice, stating its proposed changes and the reason for the changes.
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:
(a) The “NGX SPECTRA - Stn2 DAY AHEAD AVERAGE” index, as published by Canadian Gas Price Reporter Daily, being the weighted average of all daily fixed price trades at Station 2 on the ICE/NGX platform;
(b) The Midpoint of Northwest, Canadian border (Sumas) index price set out in Gas Daily, as published by Platts, a division of The XxXxxx-Xxxx Companies Inc., being the weighted average of all daily fixed price trades at Sumas daily, reported by index participants.
(c) The AECO-NIT Daily Spot gas index price set out in the Canadian Gas Price Reporter, as published by Canadian Enerdata Ltd., being the volume-weighted average of all gas trades that occur on the NGX trading platform for a particular delivery day.
(d) The Midpoint of PG&E-GTNW, Kingsgate index price, set out in Gas Daily as published by Platts, a division of The XxXxxx-Xxxx Companies Inc. being the weighted average of all daily fixed trades at Kingsgate daily, reported by index participants.
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:
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 or "DIP" shall mean for any Day the
Daily Index Price means anyone of the following daily index prices applicable to the sale of Gas from Powercx to B.C. Hydro pursuant to this Agreement, as determined by Powerex in accordance with Section 10A of the Agreement:
(a) The Midpoint of Westcoast, Station 2 index price set out in Gas Daily, as published by Platts, a division of The XxXxxx-Xxxx Companies Inc., being the weighted average of all daily fixed price trades at Station 2 daily, reported by index participants.
(b) The Midpoint of Northwest, Canadian border (Sumas) index price set Qut in Gas Daily, as published by Platts, a division of The McGraw-l-Iiil Companies Inc., being the weighted average of all daily fixed price trades at Sumas daily, reported by index participants.
(c) The AECO-NIT Daily Spot gas index price set out in the Canadian Gas Price Reporter, as published by Canadian Enerdata Ltd., being the volume-weighted average of all gas trades that occur on the
Daily Index Price shall have the meaning set forth in Section 7.1.
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: