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.
Examples of Index Price in a sentence
If Inside FERC’s Gas Market Report should cease to publish such first-of-the-month index prices or should cease to be published entirely, the Index Price shall be the price per MMBtu, stated in U.S. dollars, for Gas to be delivered at the Delivery Point during the applicable Month as set forth in an alternative index as determined under Section 18.11 of the Prepaid Agreement.
For each MMBtu of Gas delivered by Seller to Purchaser, Purchaser shall pay Seller the Contract Price for such Gas, which shall be the applicable Index Price, as defined in Section 4.2, less the Monthly Discount, plus any Delivery Point Premium as specified on Exhibit B.
More Definitions of Index Price
Index Price on a given date means the closing price of the NASDAQ Bank Index.
Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.
Index Price means the Trading Hub price (as defined in the Tariff) measured in $/MWh, for each MWh of Product, and associated with the Product to the Delivery Point for each applicable hour as published by the CAISO on the CAISO website; or any successor thereto, unless a substitute publication and/or index is mutually agreed to by the Parties.
Index Price has the meaning set forth in Section 9.01(i)(ii).
Index Price on a given date shall mean the current market price of the Index for that day.
Index Price means the real-time energy settlement price at the applicable Illinois trading hub, as indicated in the Product Order. Specifically, this means either the hourly Real-Time Locational Marginal Price for the Midcontinent Independent System Operator, Inc’s (“MISO”) Real-Time Energy and Operating Reserve Market for the Illinois Hub (“MISO-IL”) or the hourly Real-Time Locational Marginal Price for PJM Interconnection LLC’s (“PJM”) Real-Time Energy Market for the northern Illinois Hub (“PJM-NIHUB”).