Gas Daily Index definition

Gas Daily Index means the midpoint average price published in the Platts Gas Daily Price Guide for the Month in which an Imbalance occurs under the heading Midpoint Averages, subheading “East-Houston-Katy,” Houston Ship Channel.
Sample 1
Gas Daily Index means the midpoint average price for the Month in which an imbalance occurs published in Platts Gas Daily Price Guide, Final Daily Price Survey, Southwest El Paso Permian. If Platts Gas Daily Price Guide is no longer published, the Parties agree to substitute comparable gas pricing indices.
Sample 1
Gas Daily Index means the applicable price, for deliveries into TGP (or any successor pipeline delivering the Government’s gas to the Contractor), published in Gas Daily, a publication of Platts, a division of McGraw-Hill Financial, in the chart entitled “Prices of Spot Gas Delivered to Pipelines (per MMBtu)” under the heading “Tennessee Gas Pipeline Co.” and the line “Louisiana, 500 Leg”, under the column “Index”, or any successor pricing point superseding “Tennessee Gas Pipeline Company, Louisiana, 500 Leg” in Gas Daily or pursuant to transportation through a successor pipeline. In the event Gas Daily ceases to be published, the parties shall select a successor Index.
Sample 1

Examples of Gas Daily Index in a sentence

  • The greater of $20 or 10 times the daily midpoint stated on S&P Platt’s Gas Daily Index for the highest of all the indices stated above for each day of the POC, for each MMbtu of Unauthorized Over Delivery in excess of 10% of the authorized delivery level for the customer or the aggregated balancing group.

  • Standard OFO Penalties: For each day of the Standard OFO, the greater of $5 or 2½ times the daily midpoint stated on S&P Platt’s Gas Daily Index for the highest of all the indices listed above times the MMbtu of Unauthorized Over- or Under-deliveries that exceed the tolerance level applicable under Section F-5-a Tolerance Levels.

  • Customer shall pay an incentive fee of $30.00 per Dth, plus the Gas Daily Index price(s) for the respective Connecting Pipeline Company for such unauthorized overruns during the OFO.

  • Shall be determined by reference to the Platts Gas Daily Index, Daily Price Survey for "Appalachia," “Dominion North Point" ("GAS INDEX") plus the Dominion Transportation, Inc.

  • In the event that the GAS INDEX is not published for Dominion North Point, then the Platts Gas Daily Index, Daily Price Survey for "Appalachia", "Dominion South Point" for Appalachia shall be substituted for purposes of determining the Market Clearing Price under this Section.

  • Gas Daily Index: Pricing mechanism in place for under/over deliveries, per Dth, at TRANSCO’s Zone 6, Non-New York commodity rate.

  • SoCal Topock: EnronOnline and Gas Daily Index Value...................................

  • It is found that this is further evidence that during the Investigative Period these losses would not had occurred had the Texas team not had a manipulative intent (had they not been intentionally using their next-day fixed price trading to suppress the HSC Gas Daily Index).

  • The applicable OFO Penalties under Southern Star’s Tariff are calculated at 2.5x the average Gas Daily Index for Southern Star, which peaked during the OFO Period at over $622 per MMBtu.

  • The rate for "Overrun Gas" shall be the Gas Daily Index Price per dekatherm for the Chicago City-Gate GDD, plus $0.08 (with the exception of customers that transport on the Northern Natural Gas Pipeline or the Northern Border Pipeline into Mason City, in which case the NNG Ventura City daily delivered price per dekatherm plus $0.20 will be used as the index price).


More Definitions of Gas Daily Index

Gas Daily Index shall specifically mean the Daily Midpoint price posted in Platts Gas Daily publication for Northern, Ventura. 2) The transportation rate applicable to Section 2 b) shall equal Northern’s TF – 12 tariff rate for the first 000 XXXxx per day, and then an annual average rate of $* per MMBtu for any volumes in excess of 000 XXXxx per day *. In addition to the foregoing, Buyer’s total “Price at the Delivery Point” will include Northern’s tariff fuel percentage and Seller’s “Balancing” charge of $*/MMBtu. *OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT WHICH HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Buyer may transact a “fixed-price” at any time for all or part of its Estimated Volumes for a term not to exceed 12-months. In the event Buyer transacts a “fixed-price”, then a new Confirming Order will be issued documenting the specific price, volumes, and term agreed to by Buyer and Seller. Encore Energy Services, Inc. 00000 X Xxxxxx, Xxxxx 0 Xxxxx, XX 00000 Confirming Order Date: April 12, 2012 Base Agreement #: 1146 Confirming Order #: 1149 Account #: 00000000 Page 2 agreed to by Buyer and Seller. Fuel Loss Fuel loss charges will be calculated based on: T The index price for gas delivered to the Delivery Point specified herein £ The fixed price for gas delivered to the Delivery Point specified herein Evergreen Pricing Provision This Confirming Order and its rates, terms and conditions will automatically extend past October 31, 2013 for continuous one (1) year extension terms unless canceled by either Party giving written notice to the other Party at least sixty (60) days prior to the end of the applicable term.
Sample 1
Gas Daily Index means the applicable price published in platts Gas Daily, a daily publication of Platts, a division of McGraw-Hill Financial, in the chart entitled “Prices of Spot Gas Delivered to Pipelines”, for ANR in the area into which the Gas is delivered, under the column “Index”.
Sample 1

Related to Gas Daily Index

  • 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.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • 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.

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

  • 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

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • SIFMA Municipal Swap Index means the Securities Industry and Financial Markets Association Municipal Swap Index, or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Municipal Market Data, Inc. or its successor, or as otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that if such index is no longer produced by Municipal Market Data, Inc. or its successor, then SIFMA Municipal Swap Index shall mean (i) the S&P Municipal Bond 7 Day High Grade Rate Index produced by Standard & Poor’s Financial Services LLC or its successors or (ii) if the S&P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such other reasonably comparable index selected in good faith by the Board of Trustees of the Fund and consented to in writing by Holders of greater than 50% of RVMTP Shares, which shall not be unreasonably withheld by such Holders.

  • SOFR Compounded Index means the Compounded Daily 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

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

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

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

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • CMT Index Not applicable.

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

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

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

  • Underlying Index means each of the S&P 500 Index, the Russell 2000 Index, the MSCI EAFE Index and the MSCI Emerging Markets Index. The “Pricing Date” shall mean March 28, 2012. 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) 45% of the Component Return of the SPDR S&P 500 ETF Trust; (B) 20% of the Component Return of the iShares Russell 2000 Index Fund; (C) 20% of the Component Return of the iShares MSCI EAFE Index Fund; and (D) 15% of the Component Return of the iShares MSCI Emerging Markets Index Fund. 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: SPDR S&P 500 ETF Trust ($140.43); iShares Russell 2000 Index Fund ($83.30); iShares MSCI EAFE Index Fund ($54.75); and iShares MSCI Emerging Markets Index Fund ($42.69). 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.” The “Capped Value” is 151% of the Face Amount of this Security. The “Threshold Price” is equal to 80% of the Starting Price. The “Participation Rate” is 150%.

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

  • Final Index Price means the average of the closing price of the Index on each of ten (10) consecutive trading days immediately preceding the Determination Date.

  • Worst Performing Index means the Index for which the performance is the lowest in accordance with the definition of WOfinal

  • GDP price deflator means the average of the four implicit price

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Retail Prices Index means the retail prices index for the whole economy of the United Kingdom and for all items as published from time to time by the Office for National Statistics as “RPI” or, if such index shall cease to be published or there is, in the reasonable opinion of the Secretary of State, a material change in the basis of the index or if, at any relevant time, there is a delay in the publication of the index, such other retail prices index as the Secretary of State may, after consultation with the Franchisee, determine to be appropriate in the circumstances;

  • Index Value means, in relation to any Reference Rate Business Day:

  • Used water means any water supplied by a public water supply system to a consumer's water system after it has passed through the service connection and is no longer under the control of the water supply official custodian.