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 $/MMBTU for the applicable flow date published by Xxxxx’x Gas Daily in the table titled “Daily price survey ($MMBtu)” for “SoCalGas, city-gate” under the subheading “Citygates”, in the column labeled “Midpoint”.

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 NGl 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 the index price (expressed in $/MMBtu) for the applicable flow date published by Platts Gas Daily (in the internet publication currently accessed through xxx.xxxxxx.xxx) 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}

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 or the ”NGI Bidweek Index” means the volume weighted average price during the last 5 business days of the month (Bidweek) for gas to be delivered for the entire following month at the PG&E Citygate Delivery Point as published in Natural Gas Intelligence Bidweek Survey, or any successor thereto, for the applicable calendar month during the Delivery Period;