Notional Price definition

Notional Price the latest in time of the average of the high and low Estimates given by us to you or stated in the Catalogue or, if no such Estimates have been given or stated, the Reserve applicable to the Lot.

Notional Price the latest in time of the average of the high and low Estimates given by us to you or stated in the Catalogue

Notional Price shall have the meaning ascribed thereto in Clause 9.1.1c)a.

Examples of Notional Price 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.

• In case, prices are not quoted by any vendor for a specific product/service, for the purpose of evaluation, the highest of the prices quoted by other vendors participating in the bidding process would be reckoned as Notional Price for that product/service, for that vendor.

• 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.

• Additionally, the terms and conditions of the NIS purchase agreements states that payments will be based upon a Notional Price only and all prices are therefore subject to change at the discretion of the processors’ Board of Directors.

More Definitions of Notional Price

Notional Price means the amount obtained by multiplying the average of the Market Price of a share of GTI's common stock for each of the ten (10) trading days immediately preceding the Closing Date by the number of GTI Shares; provided, that if this Agreement is terminated and the Closing does not occur, then it shall be the amount obtained by multiplying the average Market Price of a share of GTI's common stock for each of the ten (10) trading days immediately preceding such termination date by the number of shares of GTI's common stock that would have represented 19.5% of GTI's outstanding common stock assuming the Acquisition had been consummated on such termination date.

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.

Notional Price. Where a Lot has a Reserve, the value of that Reserve. Where a Lot is intended to be sold Without Reserve or there is no Reserve with respect to the Lot, the Lower Estimate of that Lot. Where a Lot has both a Reserve and a Lower Estimate, the higher of the two.

Notional Price means, in respect of eligible equipment that is donated or sold or eligible learning technology that is donated, sold or licensed in a taxation year to an eligible educational institution,

Notional Price means a notional price for the time 30

Notional Price means a notional price for the time being for wool calculated or ascertained in accord- ance with regulations made under section 43 of this

Notional Price means a notional price for wool speci- fied, calculated, or ascertained by the Minister (or, where he has delegated his powers and functions in that regard to the Board, by the Board) pursuant to