Gas Price definition

Gas Price means the Gas Price as defined in Attachment A of the Access Code for Transmission.
Gas Price has the meaning given to such term in Clause 7(a).
Gas Price or “GPd” means either Gas Price (DA) or Gas Price (LT), as applicable.

Examples of Gas Price in a sentence

  • Buyer shall pay to the Seller an amount equal to the MGNT Quantity multiplied by arithmetic average of the Sales Gas Price during the Month (“MGNT Amount”) and shall be adjusted by way of a debit note issued along with applicable sales tax liability.


More Definitions of Gas Price

Gas Price is defined in Clause 12.2.
Gas Price means the price of Natural Gas (in dollars per MMBtu) determined in accordance with the formula contained in Section 2.03(c).
Gas Price means the Gas price (expressed in pence/therm) calculated in accordance with Condition 10.3 (Gas Price calculation) in VP Settlement Unit (i);
Gas Price. The conversion rate of purchasing gas using the ether currency. – Total Gas: The maximum amount of gas that can be consumed by the transaction. – Nonce: A counter that is incremented for each new transaction from an account. The Ethereum blockchain is considered an orderly transaction-based state machine. If multiple transactions call the same contract, then the contract’s final state is determined by the order of transactions that are stored in the block. Strictly, Ethereum’s blockchain is a variation of the GHOST protocol [33] which is a tree-based blockchain. This tree has a main branch of blocks that is represents the ‘Blockchain’ and transactions in these blocks determine the final state of contracts and account balances. Similar to Bitcoin, the security of the Blockchain relies upon miners providing a ‘proof of work’ which authorises the miner to append a new block. This proof of work is a computationally difficult puzzle, and the miner is rewarded 5 ether if the block is successfully appended. Blocks are created approximately every twelve seconds in Ethereum which is significantly faster than Bitcoin’s 10 minutes interval. As a consequence, it is probabilistically more likely that two or more blocks are created by different miners at the same time. In Bitcoin, only one of the competing blocks can be accepted into the Blockchain, and the remaining blocks are discarded. However, in Ethereum, these discarded blocks are appended to the Blockchain as leaf nodes (‘uncle blocks’). It should be noted that the uncle block still rewards the miner a proportion of the 5 ether block reward based on when the block is included in the Blockchain. Ethereum’s blockchain provides a natural platform for the Open Vote Net- work. It provides a public bulletin board and an authenticated broadcast channel which are necessary in decentralised internet voting protocols to support co- ordination amongst voters. As well, almost all computations in the Open Vote Network are public computations that can be written as a smart contract. Most importantly, the entire execution of the voting protocol is enforced by the same consensus that secures the Blockchain. In the next section, we discuss our imple- mentation and the feasibility of performing internet voting over the Blockchain.
Gas Price means a price expressed in dollars per MMBtu, for natural gas to flow on the day of energy delivery based on a specified index (e.g. Inside FERC Market Report or Gas Daily) for deliveries at the Houston Ship Channel or the Henry Hub as specified by the Bidder or as agreed by Buyer and Seller.
Gas Price means the price, expressed in Taka per MSCF, of the Gas supplied by the Gas Supplier to the Facility commencing from the testing and Commissioning of the plant till the end of the Term as fixed by the GOB/BERC from time to time through gazette notification; provided for the purpose of preparation and evaluation of Proposals, the Gas Price shall be assumed as Taka 79.82/1000 Scft.
Gas Price means (MMBTU Price + Transportation Charge) multiplied by the Conversion Factor.