Market Price Referent definition

Market Price Referent means the market price referent applicable to this Agreement, as determined by the CPUC in accordance with Public Utilities Code Section 399.15(c).
Market Price Referent or "MPR" means the market price referent applicable to this Agreement as determined by the CPUC in accordance with California Public Utilities Code Section 399.15(c) for the Term as set forth in Section 6.2.
Market Price Referent or “MPR” means the market price referent applicable to this Agreement as determined by the CPUC in accordance with California Public Utilities Code Section 399.15(c) for the Term as set forth in Section 6.2.

Examples of Market Price Referent in a sentence

  • PG&E shall pay Seller for each kilowatt hour (“kWh”) of the Product delivered to PG&E during each Contract Year for the Delivery Term at the applicable Market Price Referent specified below for the Facility’s actual Commercial Operation Date.


More Definitions of Market Price Referent

Market Price Referent means the market price referent applicable to this 3 Avoided emissions may or may not have any value for GHG compliance purposes. Although avoided emissions are included in the list of Green Attributes, this inclusion does not create any right to use those avoided emissions to comply with any GHG regulatory program. Agreement, as determined by the CPUC in accordance with Public Utilities Code Section 399.15(c), as may be amended or modified from time to time.
Market Price Referent means the market price referent applicable to this
Market Price Referent means the presumptive cost of electricity from a non- renewable energy source which is used by the California Public Utilities Commission to evaluate the reasonableness of renewable portfolio standard contract costs for investor owned utilities under Senate Xxxx (SB) 1078, as modified by SB 107 and SB 1036, as it may be further modified or replaced in the future. If, after the Gas Agreement 2011 Amendment Date, the Market Price Referent is subsequently eliminated or unavailable for reference, the Parties will agree to the use of another equivalent industry standard market referent(s) reflecting the cost of electricity from non-renewable energy sources.
Market Price Referent means the presumptive cost of electricity from a non- renewable energy source which is used by the California Public Utilities Commission to evaluate the reasonableness of renewable portfolio standard contract costs for investor owned utilities under Senate Xxxx (SB) 1078, as modified by SB 107 and SB1036, as it may be further modified or replaced in the future. If, after the Gas Agreement 2011 Amendment Date, the Market Price Referent is subsequently eliminated or unavailable for reference, the City and the Cogenerator will agree to the use of another equivalent industry standard market referent(s) reflecting the cost of electricity from a non-renewable energy source. “Minimum Amount” shall have the meaning ascribed to it in Section 9.2(B) of the Cogeneration Agreement.
Market Price Referent means the presumptive cost of electricity from a non- renewable energy source which is used by the California Public Utilities Commission to evaluate the reasonableness of renewable portfolio standard contract costs for investor owned utilities under Senate Xxxx (SB) 1078, as modified by SB 107 and SB1036, as it may be further modified or replaced in the future. If, after the Gas Agreement 2011 Amendment Date, the Market Price Referent is subsequently eliminated or unavailable for reference, the City and the Cogenerator will agree to the use of another equivalent industry standard market referent(s) reflecting the cost of electricity from a non-renewable energy source. “Minimum Amount” shall have the meaning ascribed to it in Section 9.2(B) of the Cogeneration Agreement.

Related to Market Price Referent

  • Market Price means, with respect to a particular security, on any given day, the last reported sale price regular way or, in case no such reported sale takes place on such day, the average of the last closing bid and ask prices regular way, in either case on the principal national securities exchange on which the applicable securities are listed or admitted to trading, or if not listed or admitted to trading on any national securities exchange, the average of the closing bid and ask prices as furnished by two members of the Financial Industry Regulatory Authority, Inc. selected from time to time by the Company for that purpose. “Market Price” shall be determined without reference to after hours or extended hours trading. If such security is not listed and traded in a manner that the quotations referred to above are available for the period required hereunder, the Market Price per share of Common Stock shall be deemed to be (i) in the event that any portion of the Warrant is held by the Original Warrantholder, the fair market value per share of such security as determined in good faith by the Original Warrantholder or (ii) in all other circumstances, the fair market value per share of such security as determined in good faith by the Board of Directors in reliance on an opinion of a nationally recognized independent investment banking corporation retained by the Company for this purpose and certified in a resolution to the Warrantholder. For the purposes of determining the Market Price of the Common Stock on the “trading day” preceding, on or following the occurrence of an event, (i) that trading day shall be deemed to commence immediately after the regular scheduled closing time of trading on the New York Stock Exchange or, if trading is closed at an earlier time, such earlier time and (ii) that trading day shall end at the next regular scheduled closing time, or if trading is closed at an earlier time, such earlier time (for the avoidance of doubt, and as an example, if the Market Price is to be determined as of the last trading day preceding a specified event and the closing time of trading on a particular day is 4:00 p.m. and the specified event occurs at 5:00 p.m. on that day, the Market Price would be determined by reference to such 4:00 p.m. closing price).

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