Modified ACNTA Prices definition
Modified ACNTA Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a five year period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full five year period), with such prices held constant thereafter based on the last quoted forward month price of such period, as such prices are (i) quoted on the NYMEX (or its successor) as of the calculation date (as defined in the definition of Modified ACNTA) and (ii) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalations based upon future conditions, then such contract prices shall be applied to future production subject to such arrangements.
Modified ACNTA Prices means, as of any date of determination, the forward month prices for the most comparable Hydrocarbons and Minerals commodity applicable to such future production month for a five year period (or such shorter period if forward month prices are not quoted for a reasonably comparable Hydrocarbons and Minerals commodity for the full five year period), with such prices held constant thereafter based on the last quoted forward month price of such period, as such prices are (i) quoted on the New York Mercantile Exchange (or its successor) as of the applicable calculation date and (ii) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalations based upon future conditions, then such contract prices shall be applied to future production subject to such arrangements.
Modified ACNTA Prices has the meaning assigned such term in the Second Lien Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Second Lien Indenture as of the date hereof
More Definitions of Modified ACNTA Prices
Modified ACNTA Prices means, as of any date of determination, the five-year (or nearest reasonably available period) strip price for crude oil (WTI ▇▇▇▇▇▇▇), for natural gas liquids (Mount Belvieu) and natural gas (▇▇▇▇▇ Hub), with such price held flat for each subsequent year, quoted on the NYMEX (or its successor) as of the calculation date (as referred to in the definition of Modified ACNTA) as published in Platts or if Platts no longer is published or no longer regularly reports each of the definitions specified in this definition, another industry publication that regularly reports each of the prices specified in this definition.
Modified ACNTA Prices means, as of any date of determination, the five-year (or nearest reasonably available period) strip price for crude oil (WTI ▇▇▇▇▇▇▇), for natural gas liquids (Mont Belvieu) and natural gas (▇▇▇▇▇ Hub), with such price held flat for each subsequent year, quoted on the NYMEX (or its successor) as of the calculation date (as defined in the definition of Modified ACNTA), provided, however, that with respect to the determinations prior to March 31, 2015, “Modified ACNTA Prices” shall be the nine-year (or nearest reasonably available period) strip price for crude oil (WTI ▇▇▇▇▇▇▇), for natural gas liquids (Mont Belvieu) and natural gas (▇▇▇▇▇ Hub), with such price held flat for each subsequent year, quoted on the NYMEX (or its successor) on February 9, 2015.
Modified ACNTA Prices has the meaning assigned such term in the Senior Secured Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Senior Secured Indenture as of the date hereof.
Modified ACNTA Prices means, as of any date of determination, the five-year (or nearest reasonably available period) strip price for crude oil (WTI Cushing), for natural gas liquids (Mount Belvieu) and natural gas (Henry Hub), with such price held flat for each subsequent year, quoted on the NYMEX (or its successor) as of the calculation date (as defined in the definition of Modified ACNTA) as published in Platts or if Platts no longer is published or no longer regularly reports each of the definitions specified in this definition, another industry publication that regularly reports each of the prices specified in this definition.
Modified ACNTA Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a five year period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full five year period), with such prices held constant thereafter based on the last quoted forward month price of such