Forward Curve definition

Forward Curve. – means the summary representation of the price of a commodity on a forward basis obtained by amalgamating all Reference Prices by tenor as defined in Section D-201.
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Forward Curve means the forward curve applicable to one-month LIBOR and Prime interest rates as more particularly set forth in Exhibit O-7 attached hereto.
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Examples of Forward Curve in a sentence

  • Forward Curve A series of sequential time segments within which it is possible to trade a particular commodity and for which prices are available.

  • The price of crude oil derived from a relevant Field will be subject to a floor which will be determined subject to and in accordance with the Forecasting Procedures, provided that the floor may not be reduced at any time to less than 70% of the average Xxxxx Forward Curve for the next 36 months as at the date the relevant Forecast is prepared.

  • In making any determination in accordance with the Forecasting Procedures in relation to product prices, the price of crude oil derived from a relevant Field will be subject to a floor which will be determined subject to and in accordance with the Forecasting Procedures, provided that the floor may not be reduced at any time to less than 70% of the average Xxxxx Forward Curve for the next 36 months as at the date the relevant Forecast is prepared.

  • The Adjusted Zero Curve will be a strip of monthly Adjusted Zero Prices, which represent the present value of $1.00 dollar received on a specific date in the future, assuming the Adjusted LIBOR Forward Curve for discounting purposes with discounting being computed utilizing the continuously compounding methodology.

  • The Energy Price for each Financial Year will be derived from the same Energy Forward Curve that is used to derive the flat sell Standard Products displayed on Synergy's website xxxx://xxxxxxxxx.xxxxxxx.xxx.xx/XxxxXxxxx/Xxxxxxxx Products.aspx at 3PM on the last Business Day occurring in the month that is two months before the start of each Financial Year.

  • New mode in Chart allows display of a Daily plot that is continued with a Forward Curve at a specified date.

  • For example, if the Energy Price is being determined for the first Financial Year of the Term on 30 June 2020, the Energy Forward Curve used to derive that Energy Price will be the same Energy Forward Curve used to derive the flat sell Standard Products displayed on the website on 29 May 2020 (as 29 May 2020 is the last Business Day of the month that is two months before the start of that Financial Year).

  • Platts’ Quantitative Forward Curve [QFC] methodologies are designed to quantitatively derive price that are representative of market value, and of the particular markets to which they relate.

  • Platts Ammonia Forward Curve Assessments, 26 April 2022, https://www.spglobal.com/commodityinsights/ en/about-commodityinsights/media-center/press-releases/2022/042622-sp-global-commodity-insights-launches-platts- ammonia-forward-curve-assessments.

  • Figure 11: Forward curve processed with sigmoid function • The Combination That Works Best for Forward Curve From the experimental results obtained from spiral curves.

Related to Forward Curve

  • Settlement Currency means Pounds sterling ("GBP").

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • Agreed Currency means Dollars or any Alternative Currency, as applicable.

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • First Currency has the meaning specified in Section 1.15.

  • Payment Currency has the meaning given in Clause 21.4;

  • Denomination Currency has the meaning specified in Section 14(b).

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Termination Currency means United States Dollars.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • LIBOR Quoted Currency means each of the following currencies: Dollars; Euro; Sterling; Yen; and Swiss Franc; in each case as long as there is a published LIBOR rate with respect thereto.

  • Approximate Equivalent Amount of any currency with respect to any amount of Dollars shall mean the Equivalent Amount of such currency with respect to such amount of Dollars on or as of such date, rounded up to the nearest amount of such currency as determined by the Administrative Agent from time to time.

  • Canadian Benchmark means the applicable Canadian Benchmark Replacement to the extent that such Canadian Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Canadian Benchmark” shall include, as applicable, the published component used in the calculation thereof.

  • Virtual currency means a digital representation of value used as a medium of exchange, unit of account, or store of value, which does not have legal tender status recognized by the United States. The term does not include: