Default Price definition

Default Price means the price determined by the default manager on, in the absence of exceptional circumstances (as so judged by the default manager) the following bases:

Default Price means a fee or charge for the supply of natural gas to a small gas customer by AGLRE under a standard form customer supply contract excluding miscellaneous charges

Default Price is defined in Section 3.4.2.

Examples of Default Price in a sentence

• Seller’s Security is calculated against the Seller’s Default Price (SDP) for the relevant Delivery Day.

• Seller's Security is calculated against the Seller's Default Price (SDP) for the relevant Delivery Day.

• If any Event of Default occurs under this Note, then the Conversion Price shall mean the lesser of (i) 75% of the Fixed Conversion Price (provided, however, that 75% shall be reduced by 10% after each thirty (30) calendar day period that passes after the Event of Default, but it shall not become lower than 50%), or (ii) the Default Price (as defined in this Note), in each such case subject to adjustment as provided in this Note.

• We calculate each month’s Sulphur Default Price as the weighted average unit value of all arms length sales for all clients who filed VA4 forms for that month.

• As pricing is controlled by the Default Price Path regime this flows through to our pricing.

More Definitions of Default Price

Default Price has the meaning ascribed to that term in Section 8.3.

Default Price has the meaning given in clause 21.2(A) (Transfer of Shares on Default);

Default Price shall have the meaning given to such term in Section 3.2(d)(ii)(D).

Default Price has the meaning set forth in Section 6.2(b)(v)(B).

Default Price is defined in Section 10.03(b)(ii).

Default Price means the price specified by a broker in the advance written notice of renewal sent to a customer pursuant to section 8.1 of this Code.

Default Price means the Fair Price, less a twenty percent (20%) discount; Defaulting Shareholder has the meaning set forth in clause 15.2; Disclosing Party has the meaning set forth in clause 18.1; Dispute has the meaning set forth in paragraph 1 of Schedule 9; Dispute Resolution Procedures means the dispute resolution procedures set forth in Schedule 9; Dissolution Event has the meaning set forth in clause 17.1; Distributable Amount has the meaning set forth in paragraph 4 of Schedule 10; Drilling Agreement means each drilling contract to be entered into between the Company and the Saudi Aramco Customer as agreed by the Shareholders and reflecting the agreed terms and conditions in Schedule 4; EBITDA means earnings before interest, Taxes, depreciation and amortization; Effective Date has the meaning set forth in clause 2.1;