Initial Q2 Price definition

Initial Q2 Price has the meaning given in Clause 16.1(e);
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Initial Q2 Price means the settlement price, converted to p/kWh, for the NBP Future monthly contract for delivery in the second quarter of the year in which the Service End Date occurs as quoted by Argus European Natural Gas on the first Business Day in the April preceding the Service Start Date, or if unavailable, such other published gas market index as the Customer specifies;
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Related to Initial Q2 Price

  • Floor Price means the minimum price set by the Company in the Issuance Notice below which the Agent shall not sell Shares during the applicable period set forth in the Issuance Notice, which may be adjusted by the Company at any time during the period set forth in the Issuance Notice by delivering written notice of such change to the Agent and which in no event shall be less than $1.00 without the prior written consent of the Agent, which may be withheld in the Agent’s sole discretion.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.