Market Pricing System definition

Market Pricing System or "MPS" means:
Market Pricing System or “MPS” means: (a) in the case of the B.C. Coast, the timber pricing policies and procedures in the Coast Appraisal Manual in effect on July 1, 2006; and the description of the system in the paper Market Pricing System – Coast (January 16, 2004); and (b) in the case of the B.C. Interior, the timber pricing policies and procedures in the Interior Appraisal Manual in effect on July 1, 2006; its accompanying papers Specifications: Calculation of the Interior Average Market Price; Specifications: Calculation of Interior Stumpage Rates (both dated July 1, 2006); and the description of the MPS in the papers Interior Market Pricing System (June 1, 2006), Interior Market Pricing System Average Market Price (June 5, 2006), Interior Market Pricing System Tenure Obligation Adjustments (June 5, 2006), and Interior Market Pricing System Specified Operations (June 5, 2006); For greater certainty, the B.C. Coast and B.C. Interior Appraisal Manuals in effect on July 1, 2006 are: (a) in the case of the B.C. Coast, the manual dated February 29, 2004 and including all amendments through July 1, 2006; and (b) in the case of the B.C. Interior, the manual dated November 1, 2004 and including all amendments through July 1, 2006. The MPS includes any MPS Updates;

Examples of Market Pricing System in a sentence

  • An event stufy of forest policy reform in British Columbia being termed the Market Pricing System (MPS).

  • Coast Market Pricing System Update – 2012,” July 1, 2012; “Interior Market Pricing System Update – 2013,” July 1, 2013; http://www.for.gov.bc.ca/hva/infopaper.htm.

  • The Ministry is committed to upholding competitive principles in support of the Market Pricing System.

  • Coast Market Pricing System Update – 2012,” July 1, 2012; “Interior Market Pricing System Update – 2012,” July 1, 2012, http://www.for.gov.bc.ca/hva/infopaper.htm.

  • Hospice care You may receive care from any Medicare-certified hospice program.

  • The grievant and one representative, if that representative is a fellow employee, shall be granted the necessary and reasonable absence from work for the scheduled proceeding under this procedure without loss of pay or leave credits.

  • As outlined in Appendix I, the Market Pricing System (MPS) creates a very strong linkage between the bid prices received for timber competitively auctioned by BCTS and the price set for timber harvested by major licensees under long term forest tenures.As per the discussion above, this linkage could be further strengthened by revisiting the BCTS Mandate and the relationship between BCTS and the remainder of the MoFR.

  • Registered suppliers are fewer than five and comply with the procurement guidelines.D.The Dambulla Divisional Secretariat had adopted the Local Market Pricing System for 33 procurement in the range of Rs. 20,000 to Rs. 4,500,000.

  • The team hosted three high school interns as part of ONR's Science & Engineering Apprenticeship Program (SEAP).

  • Deidre noted that BCTS’s role is to benchmark costs and they are part of the Market Pricing System.

Related to Market Pricing System

  • Market prices means current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantiated through competition or from sources independent of the offerors.

  • Catalog Pricing and Pricing Requirements

  • Trading System means the Company’s electronic trade execution system that is used for the trading of Swaps, including the associated hardware, software, systems and communications links.

  • Reference Market Price shall initially mean $25.165 and, in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g), the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $25.165 to the initial Conversion Price specified in the form of Debenture attached hereto (without regard to any adjustment thereto).

  • 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.

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Billing System means a system to issue Invoices relating to charges payable by each party under an Access Agreement;

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

  • filing system means any structured set of personal data which are accessible according to specific criteria, whether centralised, decentralised or dispersed on a functional or geographical basis;

  • Net metering system means a facility for the production of electrical energy that:

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • smart metering system means an electronic system that is capable of measuring electricity fed into the grid or electricity consumed from the grid, providing more information than a conventional meter, and that is capable of transmitting and receiving data for information, monitoring and control purposes, using a form of electronic communication;

  • Monitoring System means a system established by BNY to fulfill the Responsibilities specified in clauses (d) and (e) of Section 1 of Article III of this Agreement.

  • Fraud Monitoring System means an off-line administration system that monitors suspected occurrences of ABT- related fraud.

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.

  • Market Timing means transactions deemed by the Compliance Officer to constitute the short-term buying and selling of shares of Funds or Private Accounts to exploit pricing inefficiencies.

  • Event Market Price means, with respect to any Stock Combination Event Date, the quotient determined by dividing (x) the sum of the VWAP of the Common Stock for each of the five (5) Trading Days with the lowest VWAP of the Common Stock during the fifteen (15) consecutive Trading Day period ending and including the Trading Day immediately preceding the sixteenth (16th) Trading Day after such Stock Combination Event Date, divided by (y) five (5).

  • Signaling System 7 (SS7 means a signaling protocol used by the CCS Network.

  • Plumbing system means water supply distribution and disposal piping on the premises, including appliances and equipment attached thereto, between their connection points to a public or private system.

  • Signing Market Price means $3.5614, representing the consolidated closing bid price of the Common Stock on The Nasdaq Capital Market on the date of this Agreement, which shall be the lower of (i) the closing price of the Common Stock on The Nasdaq Capital Market immediately preceding the date of this Agreement or (ii) the average closing price of the Common Stock on The Nasdaq Capital Market for the five (5) Business Days immediately preceding the date of this Agreement.

  • Established catalog price means the price included in a catalog, price list, schedule, or other form that:

  • Automated data acquisition and handling system or "DAHS" means that component of the continuous emission monitoring system, or other emissions monitoring system approved for use under section 11 of this rule, designed to interpret and convert individual output signals from pollutant concentration monitors, flow monitors, diluent gas monitors, and other component parts of the monitoring system to produce a continuous record of the measured parameters in the measurement units required by section 11 of this rule.

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and