Market Clearing Price definition

Market Clearing Price or “MCP” means for each Settlement Interval, the Day-Ahead Market price for the hour in which such Settlement Interval falls for SP-15.
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Market Clearing Price means the definition in YEKDEM Regulation,
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Market Clearing Price means the clearing price for capacity for the PJM sub-region that is applicable to the Project in the applicable PJM Reliability Pricing Model Base Residual Capacity Performance Auction.
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Examples of Market Clearing Price in a sentence

  • Each winning bidder in the auction shall pay the Market Clearing Price for the TCCs. The total revenues received from the sale of TCCs, the Market Clearing Prices, and the entities awarded TCCs shall be posted on OASIS.


More Definitions of Market Clearing Price

Market Clearing Price means, with respect to any given Auction, the initial offering price of the Securities as determined by the Auction Agent in accordance with, and shortly after the closing of, the Auction. The Market-Clearing Price shall be the highest price at which all of the Securities offered to the public (pursuant to the applicable Auction Document) may be sold to potential investors, and shall be determined by moving down the list of accepted bids in descending order of price until the aggregate number of Securities bid for is at least as large as the number of Securities being offered. Notwithstanding anything herein to the contrary, if a Qualified Bidder submits a bid on the basis of yield, as described in Section 2.3(c), such bid will be deemed to be for the price necessary to achieve the bid yield, taking into account the other terms of the Securities, and shall be ordered in the list accordingly.
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Market Clearing Price means, with respect to the Auction, the initial offering price of the Securities as determined by the Auction Agent in accordance with, and shortly after the closing of, the Auction. The Market-Clearing Price shall be the highest price at which all of the Securities offered to the public (pursuant to the Auction Document) may be sold to potential investors, and shall be determined by moving down the list of accepted bids in descending order of price until the aggregate number of Securities bid for is at least as large as the number of Securities being offered.
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Market Clearing Price means the price at which TPQ is deemed bought or sold on the TPQ exchange, as determined under Section 25;
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Market Clearing Price means the price at which TPQ shall be deemed bought or sold on the TPQ Exchange as defined in these regulations;
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Market Clearing Price means, for each hour during the Transactions Term, the Average NEPOOL Clearing Price; provided, that in the event the Congestion Management System, including a locational based pricing system, or other similar system is implemented by NEPOOL, the Market Clearing Price shall mean the Reference Price.
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Market Clearing Price or “MCP” means, in respect of a Dispatch Interval, the “market price” of “energy” as defined in Chapter 11 of the IESO Market Rules in respect of such Dispatch Interval.
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Related to Market Clearing Price

  • Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the Original Mid-Swap Rate Basis (calculated on the day count basis customary for fixed rate payments in the Specified Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Specified Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (as specified in the applicable Final Terms) (calculated on the day count basis customary for floating rate payments in the Specified Currency as determined by the Calculation Agent);

  • Offering Price has the meaning given to it in the first paragraph of this Agreement;

  • Placing Price means HK$0.16 per Placing Share;

  • VWAP means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).