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 ▇▇▇▇▇’▇ Gas Daily (in the internet publication currently accessed through ▇▇▇.▇▇▇▇▇▇.▇▇▇) in the table entitled “Daily Price Survey” under the heading “Midpoint” for “SoCalGas”.
Examples of Gas Index in a sentence
The Contract price for the transfer of the Prepaid Gas at the Delivery Point(s) shall be the Gas Index price (in $/MMBtu) plus the applicable Pipeline Charges consistent with Transporter’s Tariff.
More Definitions of Gas Index
Gas Index has the meaning defined in Special Condition 5(d).
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 NGl Daily Gas Price Index, PG&E Citygate (average) as shown in Table C1-8 of Schedules C of the RMR Agreements.
Gas Index means [redacted]
Gas Index means the Gas Daily Southern Star PMI Daily Index, or such other replacement index that the Parties may designate by mutual agreement.
Gas Index means that index published in Gas Daily at the ▇▇▇▇▇ 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 the index price expressed in $/MMBTU for the applicable flow date published by Platt’s Gas Daily (in the internet publication currently accessed through www.platts.com) in the table entitled “Daily Price Survey” under the heading “Midpoint” for “SoCalGas”.
Gas Index means the index price (expressed in $/MMBtu) for the applicable flow date published by Platts Gas Daily (in the internet publication currently accessed through ▇▇▇.▇▇▇▇▇▇.▇▇▇) in the table entitled “Daily Price Survey” under the sub-section heading “Citygates” for the “SoCal Gas, city-gate” listing in the “Midpoint” index column. If any determination, ruling or decision by the CPUC significantly affects the SoCalGas system, and the Gas Index ceases to be published, or either Party reasonably believes that the Gas Index is substantially changed so that it does not adequately reflect the balance of economic benefits and burdens that the Parties agreed to, then either Party may provide the other with notice to such effect and the Parties shall negotiate in good faith to determine an alternative method or methods for determining the Gas Index in order to maintain the balance of economic benefits and burdens that the Parties agreed to with respect to the Gas Index as of the Effective Date. Any substitute index or indices must be recognized in the industry as a measure of average daily prices for gas delivered to the various receipt points on the SoCalGas system. If the Parties are unable to agree on a successor market, index, or methodology within thirty (30) days of the date of the notice, the dispute resolution procedures of Article Ten of this Agreement shall apply. {Buyer Comment: References to “SoCalGas” throughout this Section may be modified if the applicable natural gas transporter is other than SoCalGas}