FERC Index definition

FERC Index means the “Multiplier to Use” as published by the Federal Energy Regulatory Commission under the title “Oil Pipeline Index,” and is currently published in the month of July of each year and is currently published on the Internet at http://www.ferc.gov/industries/oil/gen-info/pipeline-index.asp.
FERC Index means the current “Multiplier to Use” as identified in the “Oil Pipeline Index” published annually by the FERC at: http://www.ferc.gov/industries/oil/gen-info/pipeline-index.asp.
FERC Index means the current “Multiplier to Use” as identified in the “Oil Pipeline Index” published annually by the FERC at: xxxx://xxx.xxxx.xxx/industries/oil/geninfo/pipeline-index.asp.

Examples of FERC Index in a sentence

  • The Base Committed Rates applicable to the Firm Rates above may be increased annually by the greater of 1% or the positive adjustment, if any, in the FERC Index; provided, however, such increase shall not exceed 3% annually.

  • In the event the FERC Index is greater than four percent (4.0%) in any given year, then the difference between the FERC Index and (b) above will be accrued and carried forward and added to future years FERC Index in subsequent years where the FERC Index is less than four percent (4.0%).

  • For example, if the FERC Index is five percent (5.0%) in a year three post the Commencement Date, and three percent (3.0%) in year four post the Commencement Date, then the FERC Index adjustment shall be capped at four percent (4.0%) in year three when the FERC Index is five percent (5.0%) and the FERC Index adjustment shall be increased to four percent (4.0%) in year four when the calculated FERC Index is three percent (3.0%).

  • Notwithstanding Section 7 of Exhibit B, Hub Administrator may elect to cash-out any positive or negative imbalance which exists as of the last day of any Hub Transaction which is less than one thousand (1,000) MMBtu at a price equal to the Inside F.E.R.C. Index Price for the appropriate delivery point as published for the first day of the then current month.

  • The Contractor shall charge the Customer for the Gas delivered to the Customer each month at the FERC Index Gas Price per MMbtu applicable for that month based on the average daily rate specified for FGT Zones 1, 2 & 3.

  • The RNG cost premium will be determined on a monthly basis as the difference between the RNG cost less the otherwise applicable gas commodity price of Inside FERC Index for Tennessee Gas Pipeline Zone 4-300 Leg.

  • The Gathering Fee shall be adjusted each year beginning in 2017 as set forth in Section 7.4 below (for example: assuming that the FERC Index provided for a 2% upward adjustment each year during the first 5 years of this Agreement, then the effective Gathering Fee beginning in the sixth year of this Agreement would be $0.856 per barrel) for transportation services from the CPFs to Carrier’s interconnect facilities with PPLP at PPLP’s Z285 Station located in Rxxxxx County, Texas.

  • We have provided a summary of the contract information for each contract for firm transmission capacity listed in the most recent FERC Index of Customers related to the undertaking request for the three requested pipelines (ANR, Great Lakes Gas Transmission, and Vector Pipeline.) The contracts include all contracts expiring between June 1, 2006 and the end of 2008.

  • In the event that the FERC Index ceased to be published by the Federal Energy Regulatory Commission, a new index shall be established as mutually agreed by the parties.


More Definitions of FERC Index

FERC Index means the “Multiplier to Use” as published by the Federal Energy Regulatory
FERC Index has the meaning set forth in Section 4.
FERC Index means the “Multiplier to Use” as published by the Federal Energy Regulatory Commission under the title “Oil Pipeline Index,” and is currently published in the month of July of each year on the Internet at http://ferc.gov.

Related to FERC Index

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • Case-mix index means an arithmetical index measuring the relative average costliness of outpatient cases treated in a hospital, compared to the statewide average.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • CPI Index means the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average, “All Items” (1982-84 = 100), or any successor index thereof as such successor index may be appropriately adjusted to establish substantial equivalence with the Consumer Price Index; provided that if the Consumer Price Index ceases to be published and there is no successor thereto, such other index as the Company shall designate in writing to the Trustee shall be substituted for the Consumer Price Index.

  • CMT Index Not applicable.

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • Inflation Index means each inflation index specified in the applicable Final Terms and related expressions shall be construed accordingly.

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • SIFMA Municipal Swap Index means on any Rate Determination Date the Securities Industry and Financial Markets Association Municipal Swap Index, produced and made available by Municipal Market Data as of 3:00 p.m., New York City time, on the Rate Determination Date.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • SOFR IndexStart means the SOFR Index value on the day which is two U.S. Government Securities Business Days preceding the first date of the relevant Interest Period (an "Index Determination Date"); and

  • Underlying Index means each of the MSCI EAFE Index and MSCI Emerging Markets Index. The “Pricing Date” shall mean June 30, 2017. The “Starting Price” is 100. The “Ending Price” will be calculated based on the weighted returns of the Basket Components and will be equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of: (A) 75% of the Component Return of the iShares MSCI EAFE ETF and (B) 25% of the Component Return of the iShares MSCI Emerging Markets ETF. The “Component Return” of a Basket Component will be equal to: Final Component Price – Initial Component Price Initial Component Price where, • the “Initial Component Price” is the Fund Closing Price of such Basket Component on the Pricing Date; and • the “Final Component Price” will be the Fund Closing Price of such Basket Component on the Calculation Day. The Initial Component Prices of the Basket Components are as follows: iShares MSCI EAFE ETF ($65.20) and iShares MSCI Emerging Markets ETF ($41.39). The “Fund Closing Price” with respect to a Basket Component on any Trading Day means the product of (i) the Closing Price of one share of such Basket Component (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading Day and (ii) the Adjustment Factor applicable to such Basket Component on such Trading Day. The “Closing Price” with respect to a share of a Basket Component (or one unit of any other security for which a Closing Price must be determined) on any Trading Day means the price, at the scheduled weekday closing time, without regard to after hours or any other trading outside the regular trading session hours, of the share on the principal United States securities exchange registered under the Securities Exchange Act of 1934, as amended, on which the share (or any such other security) is listed or admitted to trading. The “Adjustment Factor” means, with respect to a share of a Basket Component (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of such Basket Component. See “Anti-dilution Adjustments Relating To A Basket Component; Alternate Calculation—Anti-dilution Adjustments” below. The “Capped Value” is 146.00% of the Face Amount of this Security. The “Threshold Price” is 90, which is equal to 90% of the Starting Price. The “Participation Rate” is 175%.

  • Retail Prices Index means the general index (for all items) published by the Office for National Statistics or, if that index is not published for a relevant month, any substituted index or index figures published by that Office;

  • Hazard index means the sum of two or more hazard quotients for multiple hazardous substances and/or multiple exposure pathways.

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Reference Year Market Flow means the Market Flow based on a transmission topology that includes all pre-existing Transmission Facilities and all new or upgraded Transmission Facilities whose impact on M2M Entitlements has been previously evaluated and incorporated.

  • Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;

  • SOFR IndexEnd means the SOFR Index value on the day which is five U.S. Government Securities Business Days preceding the Interest Payment Date relating to such Interest Period (or in the final Interest Period, the Maturity Date).

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • Municipal Revitalization Index means the 2007 index by the

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • GDP price deflator means the average of the four implicit

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.