Fixed Price Payer definition

Fixed Price Payer means, in respect of a Financially Settled Futures Transaction in financial power, the party which is obligated to make payments of amounts calculated by reference to a Fixed Price, Notional Quantity and Calculation Period (all as defined in Schedule “E”), as more particularly set forth in Schedule “E”;
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Fixed Price Payer means, in respect of a Financially Settled Futures Transaction in financial power, the party which is obligated to make payments of amounts calculated by reference to a Fixed
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Fixed Price Payer means the party which is obligated to make payments in respect of the Futures Transaction of amounts calculated by reference to the Fixed Price, Notional Quantity and Calculation Period, as the case may be;
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Examples of Fixed Price Payer in a sentence

  • If, for any Settlement Period, the aggregate amount owed by the Floating Price Payer to the Fixed Price Payer is greater than the aggregate amount owed by the Fixed Price Payer to the Floating Price Payer, then the Floating Price Payer shall pay the difference between such amounts to the Fixed Price Payer on the relevant Payment Date.

  • Fixed Price .......................................Floating Price ...................................Notional Quantity ..............................Calculation Period ............................Fixed Price Payer .............................Floating Price Payer .........................Settlement Type ...............................Swap Term .......................................Floating Amount ...............................Fixed Amount ...................................

  • If, for any Determination Period, the Fixed Price exceeds the Floating Price, the Fixed Price Payer shall pay the Floating Price Payer an amount equal to the product of (x) the Fixed Price minus the Floating Price, and (y) the applicable Quantity per Month.

  • Calculation of Fixed Amount: – b.a. The Fixed Amount payable under a Transaction by the Fixed Price Payer under a Financially Settled Gas Futures Transaction is will be calculated as follows: The Fixed Amount equals the Notional Quantity times the Calculation Period times the Fixed Price.

  • If for any Determination Period, the Floating Price exceeds the Fixed Price, the Floating Price Payer shall pay the Fixed Price Payer an amount equal to the product of (x) the Floating Price minus the Fixed Price, and (y) the applicable Quantity per Month.

  • Fixed Price Payer Period End Dates: Fixed Price Payer Payment Date: Annually, on each 20 July, from and including 20 July 2008 to and including the Scheduled Termination Date.

  • If the Futures Clearing Amount (expressed in CAD or USD) is less than 0, Floating Price Payer agrees to pay to Fixed Price Payer on the Futures Settlement Date the absolute value of such Futures Clearing Amount.

  • Each of Exchange and the Contracting Party, each in its capacity as the Fixed Price Payer or the Floating Price Payer, as the case may be, agrees to be bound by any SwapFinancially Settled Futures Transactions as: (i) entered into by the Contracting Party through the NGX Trading System; or (ii) entered into the NGX Clearing System through the Exchange of Futures for Related Product provision of Section 3.2(e).

  • If the Fixed Price exceeds the Floating Price for the Calculation Period, the Fixed Price Payer shall pay the Floating Price Payer an amount equal to the excess multiplied by the Notional Amount for the Calculation Period (calculated to decimal places).

  • First If, with respect to each Determination Period, the Fixed Price exceeds the Floating Price, the Fixed Price Payer shall pay Floating Price Payer the difference between the two such amounts multiplied by the quantity, and if the Floating Price exceeds the Fixed Price, the Floating Price Payer shall pay the Fixed Price Payer the difference between the two such amounts multiplied by the quantity.


More Definitions of Fixed Price Payer

Fixed Price Payer means, in respect of a Transaction (other than a Weather Index Derivative Transaction, NBP Transaction, ZBT Transaction, Gas Transaction, Power Transaction, GTMA Transaction, EU Emissions Allowance Transaction, Freight Transaction or other Transaction similarly subject to different payment calculation),
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Fixed Price Payer means, in respect of a SwapFinancially Settled Futures Transaction in electricity, the party which is obligated to make payments of amounts calculated by reference to a Fixed Price, Notional Quantity and Calculation Period (all as defined in Schedule "E"), as more particularly set forth in Schedule "E";
Sample 1
Fixed Price Payer means, in respect of a Transaction (other than a Weather Index Derivative Transaction, NBP Transaction, ZBT Transaction, Gas Transaction, Power Transaction, GTMA Transaction, EU Emissions Allowance Transaction, Freight Transaction or other Transaction similarly subject to different payment calculation), a party obligated to make payments from time to time in respect of the Transaction of amounts calculated by reference to a fixed price or to make one or more payments of a Fixed Amount.
Sample 1

Related to Fixed Price Payer

  • Fixed Price means the fixed prices for ancillary Services as may be agreed by the Parties and set out in the SOW; FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation;

  • Fixed price contract means a contract that provides a price, for each

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • Unrecovered Initial Unit Price means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Benchmarked Price means the higher of:

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Fixed Amount has the meaning assigned to such term in Section 1.10(c).

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Adjusted Price means the Unit Price, for a particular Pharmaceutical in any Relevant Period, divided by two;

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Annual Resource Price Adder means, for Delivery Years starting June 1, 2014 and ending May 31, 2017, an addition to the marginal value of Unforced Capacity and the Extended Summer Resource Price Adder as necessary to reflect the price of Annual Resources required to meet the applicable Minimum Annual Resource Requirement.

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Day-ahead Prices means the Locational Marginal Prices resulting from the Day-ahead Energy Market.

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Common Units were first offered to the public for sale as set forth on the cover page of the IPO Prospectus or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Canada Yield Price means an amount, calculated as at the date that is three Toronto Business Days prior to the Optional Redemption Date, equal to the net present value of all scheduled payments of interest (other than accrued and unpaid interest) and outstanding principal on the Notes to be redeemed from the Optional Redemption Date to the Par Call Period Commencement Date, using as a discount rate the Canada Yield, plus the Redemption Margin (if any);

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Lot or batch number means an identifying number assigned by the enterprise to a designated group of items, usually referred to as either a lot or a batch, all of which were manufactured under identical conditions.

  • Transfer Price has the meaning set forth in Section 2.01.