Index Gas Price definition

Index Gas Price means Index Price plus Market Demand Factor.
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Examples of Index Gas Price in a sentence

  • In order to mitigate the inevitable discrepancies between scheduled volume(s) and actual consumption of natural gas designated as Index Gas Price the Parties agree that the Receiving Agency may amend its scheduled volume(s) at any mutually agreeable time by execution of Exhibit C.

  • Argument 1.3: All operating states have been considered in the identification of PIE.

  • INDEX GAS PRICE: Effective September 1, 2021, an Index Gas Price equal to the Index Price posting as first published each month in Platts Gas Daily Price Guide report in section titled “Monthly Bidweek Spot Gas Prices, [Month] - Platts Locations ($/MMBtu)” under the heading “East Texas” and under the subheading “NGPL, Texok zone” plus a Market Demand Factor of $0.63 per MMBtu.

  • The Index Gas Price Option is the simple average of the First of Month gas indices for Sumas and AECO trading hubs used in establishing the Avoided Costs.

  • For physical volumes delivered that are not priced under Fixed Gas Price or Index Gas Price, all volumes purchased in excess of the Fixed Gas Price and Index Gas Price volumes nominated at the first of the month for the delivery months will be the average price of the Xxxxx’x Gas Daily price under the heading “East Texas” and under the subheading “Atmos Zn 3” plus a Market Demand Factor of $0.55 per MMBtu.

  • In accordance with Section 3.10, volum e(s) of natural gas designated to be purchased at the Index Gas Price on the m ost recent Exhibit B may be am ended by execution of Exhibit C (Confirmation Of Am endments to Nominated Gas Volumes) and attaching a revised Exhibit B at any time no less than tw o (2) weeks p rior to the month for which the change is to be effective.

  • Examples include: 10 11 floating price which equals the highest price among the options 12 (deadband Index Gas Price, Index Gas price, Mid-C Index Rate Price); 13 14 selection of option by QF at shorter intervals than life of agreement 15 (quarterly, yearly); 16 17 other.

  • The price paid per MWh will be: PPeak Under the Index Gas Price, the Company will pay Seller the Off-Peak Prices for: (a) for all Net Output delivered prior to the Commercial Operation Date; (b) all Net Output deliveries greater than Maximum Net Output in any Contract Year; (c) any generation subject to and as adjusted by the provisions of Section 4.3 of the Standard Contract;(d) for Net Output delivered in the Off-Peak Period; and (e) deliveries above the nameplate capacity in any hour.

  • SWING GAS PRICE: For physical volumes delivered that are not priced under Fixed Gas Price or Index Gas Price, all volumes purchased in excess of the Fixed Gas Price and Index Gas Price volumes nominated at the first of the month for the delivery months will be the average price of the Xxxxx’x Gas Daily price under the heading “Louisiana/Southeast” and under the subheading “Xxxxx Hub” plus a Market Demand Factor of $0.48 per MMBtu.

  • In order to mitigate the inevitable discrepancies between scheduled volum e(s) and actual consum ption of natural gas designated at Index Gas Price the Parties ag ree that th e Receiving Agency m ay a mend its scheduled volum e(s) at any mutually agreeable time by executio n of Exhibit C.

Related to Index Gas 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.

  • Strip Price means, at any time, (a) for the remainder of the then-current calendar year, the average NYMEX Pricing for the remaining months in such calendar year, (b) for each of the succeeding three complete calendar years, the average NYMEX Pricing for the twelve months in each such calendar year, and (c) for the succeeding fourth complete calendar year and each calendar year thereafter, the average NYMEX pricing for the twelve months in such fourth calendar year.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported on the Pink Open Market. If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.