Fixed Price Payor definition

Fixed Price Payor means (a) Enron if the terms set forth on the Website relevant to the Transaction provide that Counterparty is ‘Selling’ and (b) Counterparty if the terms set forth on the Website relevant to the Transaction provide that Counterparty is ‘Buying’.
Fixed Price Payor. (sometimes also referred to as the Buyer) means the Party who, in respect of any Transaction, agrees to pay to the other Party the amount by which the Fixed Price exceeds the Pool Price in any Settlement Hour.
Fixed Price Payor. ENA Fixed Price: US Dollars $17.37000 per Barrel FLOATING AMOUNT DETAILS: Floating Price Payor: Counterparty

Examples of Fixed Price Payor in a sentence

  • If Fixed Price Payor disagrees with the Cash Settlement Amount calculation made by Floating Price Payor, Fixed Price Payor must give written notice to Floating Price Payor, Fixed Price Payor must give written notice to Floating Price Payor within two (2) Business Days of receipt of the Cash Settlement Amount calculation provided by Floating Price Payor will be deemed correct in all respects.

  • If Fixed Price Payor serves written notice of its disagreement with the calculation of the Cash Settlement Amount, such written notice must contain an explanation of why Fixed Price Payor disagrees with the calculation made by Floating Price Payor and an alternative calculation made by Fixed Price Payor.

  • If Floating Price Payor and Fixed Price Payor are unable to agree on the calculation of the Cash Settlement Amount on or before the Payment Date, the undisputed amount will be paid by the responsible party and the disputed amount may be determined according to the arbitration provisions of Section 13 of the Master Swap Agreement.

  • Who Calculates the Cash Settlement Amount: Floating Price Payor will calculate in monthly intervals the Cash Settlement Amount within one (1) Business Day of the publication of the Floating Price and will provide written notice of such calculation to Fixed Price Payor.

  • If the Floating Amount is greater than the Fixed Amount, the Floating Price payor shall pay to the Fixed Price Payor on the Payment Date the amount by which the Floating Amount exceeds the Fixed Amount.

  • If the Fixed Price equals the Floating Price, no Cash Settlement Amount is owed by either Fixed Price Payor or Floating Price Payor.

  • If the Floating Price is greater than the Fixed Price, Floating Price Payor shall pay Fixed Price Payor for the relevant Determination Period: (Notional Quantity of relevant Determination Period) x (Floating Price – Fixed Price).

  • If the Fixed Amount is greater than the Floating Amount, the Fixed Price Payor shall pay to the Floating Price Payor on the Payment Date the amount by which the Fixed Amount exceeds the Floating Amount.


More Definitions of Fixed Price Payor

Fixed Price Payor. Enron Oil & Gas Company Payment Dates: 25th calendar day succeeding each Period End Date. Period End Date: The last calendar day for the appropriate delivery month. The first Period End Date being March 31, 1995. Fixed Amount: $1.85/MMBtu x 6,000,000 MMBtu per Month for each delivery month for the Period March 1, 1995 through December 31, 1995 $1.92/MMBtu x 6,000,000 MMBtu per Month for each delivery month for the Period January 1, 1996 through December 31, 1996 $2.03/MMBtu x 6,000,000 MMBtu per Month for each delivery month for the Period January 1, 1997 through December 31, 1997 $2.14/MMBtu x 6,000,000 MMBtu per Month for each delivery month for the Period January 1, 1998 through December 31, 1998 $2.24/MMBtu x 6,000,000 MMBtu per Month for each delivery month for the Period January 1, 1999 through December 31, 1999.

Related to Fixed Price Payor

  • 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.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.

  • 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.

  • 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.

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

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • Benchmarked Price means the higher of:

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

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Approved Price means the "fair value" as determined by the Trust in accordance with the valuation procedures adopted from time to time by the Board of Trustees of the Trust and for which the Trust receives a marked-to-market price (which, for the purpose of clarity, shall not mean Market Value) from an independent source at least semi-annually.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

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

  • Canada Yield Price means a price equal to the price of the Notes (or the portion thereof to be redeemed) calculated to provide a yield to maturity equal to the sum of the Government of Canada Yield calculated at 10:00 a.m. (Toronto time) on the third Business Day preceding the redemption date plus the Applicable Spread;

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • 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. List of Approved Contractors:

  • 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.

  • Final Price means (a) in the case of any Terminated Obligation, the amount determined pursuant to Clause 4, and (b) in the case of any Repaid Obligation, the amount determined pursuant to Clause 5, and

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Auction Final Price means the relevant auction final price that may be published by ISDA or any administrator of any auction coordinated by ISDA from time to time and that would be applicable to the senior, unsecured debt obligations issued or guaranteed by the relevant

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

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).