Initial Mark definition

Initial Mark means the On-Peak Forward Market Price or the Off-Peak Forward Market Price, as applicable, for a particular month as of the closing day of the Illinois Auction, as described in Appendix D.
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Examples of Initial Mark in a sentence

  • These “mid-market” prices will further be averaged across Brokers in order to set the Initial Mark.

  • METHODOLOGY FOR SETTING INITIAL MARKS AND MARKS For the months for which the Companies or their agent can obtain Available Broker Quotes, the on- peak Initial Mark will equal the simple average of the bid and ask prices for those months where quotes are available.

  • If the Companies or their agent cannot obtain Available Broker Quotes for certain months, alternative sources of price data will be relied on for setting the Initial Mark for the On-Peak Forward Market Price, to the extent such pricing data is available from the alternative sources.

  • For months for which Available Broker Quotes cannot be obtained and pricing information is unavailable from alternative sources, each of the Companies will set the on-peak Initial Mark using a methodology that utilizes the best information available to each of the Companies at that time.

  • The Initial Mark for the Off-Peak Forward Market Price will be the Initial Mark for the On-Peak Forward Market Price multiplied by the off-peak to on-peak price ratio for the month from Table 2.

Related to Initial Mark

  • Individual market means the market for health insurance coverage offered to individuals other than

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Bloomberg means Bloomberg Financial Markets.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • online marketplace means a service using software, including a website, part of a website or an application, operated by or on behalf of a trader which allows consumers to conclude distance contracts with other traders or consumers;

  • Stock Market means a securities market operated by a securities exchange;

  • Bloomberg Screen GCAN5YR Page means the display designated as page “GCAN5YR<INDEX>” on the Bloomberg Financial L.P. service (or such other page as may replace the GCAN5YR page on that service) for purposes of displaying Government of Canada bond yields.

  • Reuters means Reuters 3000 Xtra Service or any successor service.Holders of Series H shall not be entitled to any dividends, whether payable in cash, securities or other property, other than dividends (if any) declared and payable on the Series H as specified in this Section 4 (subject to the other provisions of this Certificate of Designation).Dividends on shares of the Series H will not be cumulative. Accordingly, if the Board of Directors (or a duly authorized committee thereof) does not declare a dividend on the Series H payable in respect of any Dividend Period before the related Dividend Payment Date, such dividend will not accrue and the Corporation will have no obligation to pay a dividend for that Dividend Period on the Dividend Payment Date or at any future time, whether or not dividends on the Series H are declared for any future Dividend Period.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • Bloomberg Screen means the Bloomberg Information contained in the Bloomberg screen identified in Schedule 3 hereto and filed with the Commission as a Free Writing Prospectus on __________, 20__.]

  • Register Function means the functions with regard to:

  • exempt market dealer means a person or company registered in the category of exempt market dealer;