Minimum reserve price definition
Minimum reserve price means the minimum reserve price in calendar year 2014 shall be $2.00. Each calendar year thereafter the minimum reserve price shall be 1.025 multiplied by the minimum reserve price from the previous calendar year, rounded to the nearest whole cent.
Minimum reserve price means, in calendar year 2021, $2.38. Each calendar year thereafter, the
Minimum reserve price means, in calendar year 2020,
More Definitions of Minimum reserve price
Minimum reserve price means, in calendar year 2021,
Minimum reserve price means the monetary amount of $1.86 in 2008 and 2009, and thereafter means the monetary amount, established as of the first day of each calendar year, as derived through the following formula:
Minimum reserve price means, for calendar year 2020, $2.32. Each calendar year thereafter, the minimum reserve price will be the minimum reserve price from the previous calendar year, multiplied by 1.025 and rounded to the nearest whole cent.