Market Price Hub definition

Market Price Hub means a liquid pricing point located within PJM’s geographic footprint. “Minimum Margin Threshold” means $100,000.
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Market Price Hub means a liquid pricing point located within PJM’s geographic footprint. Minimum Margin Threshold means $250,000. Minimum Rating means a minimum senior unsecured debt rating as defined in Section 6.6(a) of this Agreement.
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Market Price Hub means a liquid pricing point located within PJM’s geographic footprint. Megawatt or MW means one thousand kilowatts. Megawatt-hour or MWh means one megawatt of electric power used over a period of one hour. Minimum Margin Threshold means $250,000. Minimum Rating means a minimum senior unsecured debt rating as defined in Section 6.6(a) of this Agreement.
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Examples of Market Price Hub in a sentence

  • The price for On-peak Energy Forward Price and Off-peak Energy Forward Price as determined by averaging concurrent broker quotes obtained by the Company for the Market Price Hub as available.

  • Market Price Hub - A liquid pricing point located within PJM’s geographic footprint, as specified in Appendix B.

  • The monthly Off-Peak Energy Forward Prices (to be used as the inception off-peak price “initial xxxx” for each month of the Delivery Period) All On-Peak Energy Forward Prices and Off-Peak Energy Forward Prices are based on a Market Price Hub that the Company will specify as follows: PJM Western Hub.

  • Margin – The amount by which the Total Exposure Amount exceeds the DS Supplier’s, or Guarantor’s, credit limit as defined in Section 6.4. Market Price Hub - A liquid pricing point located within PJM’s geographic footprint, as specified in Appendix B.

  • On-Peak Energy Forward Price – Means the price for On-Peak Hourson-peak hours for each Billing Month of the delivery period stated in terms of $/MWh as based on the most recent publicly available information and/or quotes from Reference Market Makers on forward energy transactions occurring at the Market Price Hub.

  • In the event that the Market Price Hub is no longer available or no longer representative of a transparent trading hub, the Parties will negotiate in good faith to agree upon an alternate liquid price.

  • The price for On-peak Energy Forward Price as determined by averaging concurrent broker quotes obtained by the Company for the Market Price Hub as available.

  • The methodology for calculation of the MtM credit Market Price Hub - A liquid pricing point located within PJM’s geographic footprint, as specified in Appendix B.

  • Off-Peak Energy Forward Price - Means the price for Off-Peak Hoursoff-peak hours for each Billing Month of the delivery period stated in terms of $/MWh as based on the most recent publicly available information and/or quotes from Reference Market Makers on forward energy transactions occurring at the Market Price Hub.

  • Margin – The amount by which the Total Exposure Amount exceeds the DS Supplier’s, or Guarantor’s, credit limit as defined in Section 6.4. Market Price Hub – refers to AEP Dayton Hub, a liquid pricing point located within PJM’s geographic footprint, at pnode #34497127.


More Definitions of Market Price Hub

Market Price Hub means a liquid pricing point located within PJM’s geographic footprint.
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Related to Market Price Hub

  • Market Price as of any date, (i) means the average of the last reported sale prices for the shares of Common Stock on the OTCBB for the five (5) Trading Days immediately preceding such date as reported by Bloomberg, or (ii) if the OTCBB is not the principal trading market for the shares of Common Stock, the average of the last reported sale prices on the principal trading market for the Common Stock during the same period as reported by Bloomberg, or (iii) if market value cannot be calculated as of such date on any of the foregoing bases, the Market Price shall be the fair market value as reasonably determined in good faith by (a) the Board of Directors of the Company or, at the option of a majority-in-interest of the holders of the outstanding Warrants by (b) an independent investment bank of nationally recognized standing in the valuation of businesses similar to the business of the corporation. The manner of determining the Market Price of the Common Stock set forth in the foregoing definition shall apply with respect to any other security in respect of which a determination as to market value must be made hereunder.

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

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Share Price means any price of the Share as published by the Exchange.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale 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 in accordance with the procedures in Section 15. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.