Gas Index definition

Gas Index means the gas index location specified in Appendix II Part D.

Gas Index or “GI” has the meaning set forth in Section 2(c) of Exhibit D.

Gas Index means the index price expressed in $/MMBTU for the applicable flow date published by Xxxxx’x Gas Daily (in the internet publication currently accessed through xxx.xxxxxx.xxx) in the table entitled “Daily Price Survey” under the heading “Midpoint” for “SoCalGas”.

Examples of Gas Index in a sentence

• Table T8: RTS Oil and Gas Index Values from 1 January to 24 June 2014 .............

• Kaczmarek’s Comparable Companies Calculations and the Evolution of the RTS Oil & Gas Index ........................................................................

• The Supplier will be charged per Mcf for such automatic adjustment at the higher $7.00 per Mcf or the Market Price of gas for the last day of the inventory month which shall be determined by reference to the SNL Natural Gas Index for Tennessee Gas Pipeline’s Zone 4 200 Line pool plus all transportation costs to Distribution’s city gate.

• For each day on which the Imbalance Amount is positive (e.g., (B) is less than (A)) by a margin of 1% or more, Buyer shall owe Seller an amount equal to (i) the absolute value of the Imbalance Amount, multiplied by the sum of the Gas Index Price, Low multiplied by 15%, less (ii) any penalties assessed by the LDC or pipeline against Buyer that were incurred as a result of the deviation.

• For each day on which the Imbalance Amount is negative (e.g., (A) is less than (B)) by a margin of 1% or more, Seller shall owe Buyer an amount equal to (i) the absolute value of the Imbalance Amount, multiplied by the sum of the Gas Index Price, High and all transportation and distribution charges related to the Imbalance Amount that have been (or are to be) paid by Buyer, plus (ii) any penalties assessed by the LDC or interconnecting pipeline against Buyer that were incurred as a result of the deviation.

More Definitions of Gas Index

Gas Index has the meaning defined in Special Condition 5(d).

Gas Index means [redacted]

Gas Index means, for a given Trading Day the two (2) Day rolling average simple average of the Gas Daily, PG&E Citygate Index (midpoint) and the NGI Daily Gas Price Index, PG&E Citygate (average) as shown in Table C1-8 of Schedules C of the RMR Agreements.

Gas Index has the meaning set forth in Section 2(b) of Exhibit D.

Gas Index means for any Gas Day the daily price of spot Gas (expressed in $/mmBtu) published by Gas Daily in the "Daily Price Survey" for Transco Zone 6 for such Gas Day; provided, however, that, if (a) Gas Daily does not publish the index described in this definition or (b) Gas Daily ceases to be published, RES shall, in good faith, provide to the Companies to be used as the basis for the Gas Index either (i) an alternative published fallback index or (ii) an Indicative Market Price.

Gas Index means that index published in Gas Daily at the Xxxxx Hub (midpoint), plus all additional costs determined pursuant to Purchaser's gas transportation agreements or, if no such agreements are applicable, an appropriate basis differential as the Parties may agree from time to time, which would be incurred by Purchaser to deliver gas to the Fuel Metering Points. Should the index specified herein be discontinued or no longer reflect the market price of gas delivered to the Facility, an index specified by the appropriate entity as the replacement index, if any, shall be used. If no replacement index is specified, a new index which most accurately reflects changes for the applicable cost component shall be substituted by mutual agreement of the Parties. If the basis of the calculation of the index specified herein is substantially modified, the index as modified may continue to be used or another index may be substituted by mutual agreement of the Parties. A minor change in weighting, and minor changes in benchmarks shall not be construed as substantial modification to the index and the affected values shall be re-established in accordance with the instructions issued by the appropriate index entity.

Gas Index means that “Midpoint” index price published in Gas Daily in the table titled “Daily Price Survey” under the heading “Citygates – Chicago city-gates”. Should the index specified herein be discontinued or no longer reflect the market price of gas delivered to the Facility, an index specified by the appropriate entity as the replacement index, if any, plus an appropriate basis differential representing the cost to deliver gas to the Facility, shall be used. If no replacement index is specified, a new index which most accurately reflects changes for the applicable cost component shall be substituted by mutual agreement of the Parties. If the basis of the calculation of the index specified herein is substantially modified, the index as modified may continue to be used or another index may be substituted by mutual agreement of the Parties. A minor change in weighting, and minor changes in benchmarks shall not be construed as substantial modification to the index and the affected values shall be re-established in accordance with the instructions issued by the appropriate index entity.