Mid-C Index Price definition
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) index price for the bilateral OTC market for energy at the Mid-C Physical for Average On Peak Power and Average Off Peak Power found on the following website: https://www.theice.com/products/OTC/Physical-Energy/Electricity. In the event ICE no longer publishes this index, PGE and the Seller agree to select an alternative successor index representative of the Mid-C trading hub.
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) index price for the bilateral OTC market for energy at the Mid-C Physical for Average On Peak Power and Average Off Peak Power found on the following website:
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) index price for the bilateral OTC market for energy at the Mid-C Physical for Average On Peak Power and Average Off Peak Power found on the following website: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/products/OTC/Physical-Energy/Electricity. In the event ICE no longer publishes this index, PGE and the Seller agree to select an alternative successor index representative of the Mid-C trading hub.
Examples of Mid-C Index Price in a sentence
For the first 15 years measured from the date in Section 2.2.2, the Contract Price will be the Renewable Fixed Price Option under the Schedule; thereafter and for the remainder of the Term, the Contract Price will be equal to the Mid-C Index Price.
For the first 15 years measured from the date in Section 2.2.2, the Contract Price will be the Standard Fixed Price Option under the Schedule; thereafter and for the remainder of the Term, the Contract Price will be equal to the Mid-C Index Price.
More Definitions of Mid-C Index Price
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) for the bilateral OTC market for energy at the Mid-C Physical for On Peak Power and Off Peak Power. In the event ICE no longer publishes this index, PGE and the Seller agree to select an alternative successor index representative of the Mid-C trading hub.
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) index price for the bilateral OTC market for energy at the Mid-C Physical for Average On Peak Power and Average Off Peak Power found on the following website: https://www.theice.com/products/OTC/Physical-Energy/Electricity. In the event ICE no
Mid-C Index Price means the price on a day-ahead basis for electrical energy transactions (firm “On-Peak Hours” and firm “Off-Peak Hours”) at Mid-C, quoted in dollars per MWh, as published by the Intercontinental Exchange (“ICE”) for the applicable period. If such ICE index price is no longer available or any replacement of that index ceases to be published during the Term, each Party may propose as a replacement Mid-C Index Price a substantially equivalent index that, after any necessary adjustments, provides the most reasonable substitute quotation of the daily price of electricity (firm On-Peak Hours and firm Off-Peak Hours) for the delivery of energy for the applicable periods. If the Parties do not agree on a replacement index price within thirty (30) days after the date a Party first proposes a replacement index price, then a replacement index price shall be selected through the dispute resolution procedures set forth in Article Twelve.
Mid-C Index Price means the Day Ahead Intercontinental Exchange (“ICE”) for the bilateral OTC market for energy at the Mid-C Physical for On Peak Power and Off Peak Power. In the event ICE no longer publishes this index, PGE and the