National Coal Index definition

National Coal Index means the coal index calculated in accordance with the Office Memorandum ‘Roll-out of National Coal Index (Base ear 2017-18)’ dated June 4, 2020 and Operational Guidelines of National Coal Index And Representative Prices dated June 17, 2020 issued the Ministry of Coal , as may be amended, and published by the Government of India on a bi-monthly basis and includes sub-indices notified for various coal grades.
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National Coal Index means the coal index determined in accordance with the Office 5 To be retained for mines being auctioned under CM(SP) Act 2015. 6 To be retained for mines being auctioned under MMDR Act 1957. 7 To be retained as applicable.8 To be retained as applicable.9 To be retained as applicable. Memorandum ‘Roll-out of National Coal Index (Base Year 2017-18)’ dated June 04, 2020 and Operational Guidelines of National Coal Index and Representative Prices dated June 17, 2020 issued by the Ministry of Coal, as may be amended, and published by the Government of India on a bi-monthly basis and includes sub-indices notified for various coal grades.
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National Coal Index means the coal index determined in accordance with the Office Memorandum ‘Roll-out of National Coal Index (Base Year 2017-18)’ dated June 04, 2020 and Operational Guidelines of National Coal Index and Representative Prices dated June 17, 2020 5 To be retained as applicable.6 To be retained as applicable. issued by the Ministry of Coal, as may be amended, and published by the Government of India on a bi-monthly basis and includes sub-indices notified for various coal grades.
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Examples of National Coal Index in a sentence

  • Notional Price shall mean the price arrived at after adjusting the Representative Price with sub-index of National Coal Index of the relevant basket of coal grade(s) on the date on which royalty becomes payable.

  • In such case, the revenue share payable for the shortfall quantity (75% of scheduled coal production of 3 financial years less the quantity of coal on which the statutory royalty is paid in 3 financial years) shall be computed on the basis of Notional Price arrived at after adjusting the Representative Price with sub-index of National Coal Index of the relevant basket of coal grade(s) for the relevant block of 3 financial years.

  • First Revision: In the month of April, basis the difference in the i) National Coal Index for the month of March of previous financial year and ii) National Coal Index basis which the Performance Security was first estimated in accordance with Clause 7.1.1 above.

  • In all subsequent years, in the month of April, basis the difference in the i) National Coal Index for the month of March of previous financial year and ii) National Coal Index for the month of March of previous to previous financial year.(b) In case of any revision in rate of royalty, the amount of Performance Security shall be revised accordingly.

  • For the purpose of calculation of Performance Security, Representative Price after adjustment with latest available sub-index of National Coal Index of the relevant basket of coal grade(s) on the date of execution of the Agreement shall be considered.

  • Such adjustments may be on account of the National Coal Index as may be notified for and applicable to the Monthly Payment dates as well as higher of Actual Price and Notional Price.

  • Notional Price shall mean the price arrived at after adjusting the Representative Price with sub-index of National Coal Index or National Lignite Index, as applicable, of the relevant basket of coal grade(s) on the date on which royalty becomes payable.

  • Ad valorem royalty for the purpose of calculating the additional amount for coal and lignite shall be based on National Coal Index (NCI) and Representative Price (RP) of coal excluding the taxes, levies and other charges.”.

  • For the purpose of calculation of Performance Security, Representative Price after adjustment with latest available sub-index of National Coal Index of the relevant basket of coal grade(s) shall be considered.

  • In all subsequent years, in the month of April, basis the difference in the i) National Coal Index for the month of March of previous financial year and ii) National Coal Index for the month of March of previous to previous financial year.(b) In case of any revision in the rate of royalty, the amount of Performance Security shall be revised accordingly.


More Definitions of National Coal Index

National Coal Index means the coal index calculated in accordance with the Office Memorandum ‘Roll-out of National Coal Index (Base ear 2017-18)’ dated June 4, 2020 and
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National Coal Index means the coal index determined in accordance with the guidelines dated June 4, 2020 issued by the Ministry of Coal and published by the Government of India on a bi-monthly basis and includes sub-indices notified for various coal grades.
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Related to National Coal Index

  • Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • Final Index Price means the average of the closing price of the Index on each of ten (10) consecutive trading days immediately preceding the Determination Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • CPI Index means the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average, “All Items” (1982-84 = 100), or any successor index thereof as such successor index may be appropriately adjusted to establish substantial equivalence with the Consumer Price Index; provided that if the Consumer Price Index ceases to be published and there is no successor thereto, such other index as the Company shall designate in writing to the Trustee shall be substituted for the Consumer Price Index.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • Hazard Index means the sum of two or more hazard quotients for multiple hazardous substances and/or multiple exposure pathways.

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • Case-mix index means an arithmetical index measuring the relative average costliness of outpatient cases treated in a hospital, compared to the statewide average.

  • Limited Indexation Month means any month specified in the relevant Final Terms for which a Limited Indexation Factor is to be calculated;

  • Municipal Revitalization Index means the 2007 index by the

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • SOFR IndexEnd means the SOFR Index value on the day which is five U.S. Government Securities Business Days preceding the Interest Payment Date relating to such Interest Period (or in the final Interest Period, the Maturity Date).

  • SIFMA Municipal Swap Index means the Securities Industry and Financial Markets Association Municipal Swap Index, or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Municipal Market Data, Inc. or its successor, or as otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that if such index is no longer produced by Municipal Market Data, Inc. or its successor, then SIFMA Municipal Swap Index shall mean (i) the S&P Municipal Bond 7 Day High Grade Rate Index produced by Standard & Poor’s Financial Services LLC or its successors or (ii) if the S&P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such other reasonably comparable index selected in good faith by the Board of Trustees of the Fund and consented to in writing by Holders of greater than 50% of RVMTP Shares, which shall not be unreasonably withheld by such Holders.

  • CMT Index Not applicable.

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • Adjusted community rate means the rating method used to

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).