Notional Quantity definition

Notional Quantity means, with respect to a Commodity Conversion, the number of units of the underlying commodity.

Notional Quantity. – means the size of the OTCI transaction expressed either outright, or in accordance with the number of contracts underlying the OTCI transaction.

Notional Quantity has the meaning given in item 3.9 of Schedule 1 (“Support terms”).

Examples of Notional Quantity in a sentence

• Floating Price * Notional Quantity.Fixed Price * Notional Quantity.

• Fixed Price .......................................Floating Price ...................................Notional Quantity ..............................Calculation Period ............................Fixed Price Payer .............................Floating Price Payer .........................Settlement Type ...............................Swap Term .......................................Floating Amount ...............................Fixed Amount ...................................

• The Option Premium Amount payable by the Option Buyer under an Option Transaction in which the relevant Underlying Transaction is a Futures Transaction equals the Option Premium Price times the Notional Quantity for such Futures Transaction times the Calculation Period for such Futures Transaction.

• The “Annual Revenue Ceiling” in respect of a Financial Year is calculated as follows: where: ARCFY = the Annual Revenue Ceiling for the Financial Year; ∑NQTI = the sum of the Notional Quantity for all Trading Intervals in the Financial Year calculated in accordance with item 3.9 (“Calculation of Notional Quantity”); and ACFY = the Annual Ceiling for the Financial Year applicable to the Financial Year.

• Fields 86 to 88 – Notional Quantity – For trades where notional or quantities vary during the life of a trade, it is not clear if it is possible to report multiple values or schedules of quantity in the CDE fields listed.

More Definitions of Notional Quantity

Notional Quantity means, in respect of a Precious Metal Transaction or Option, the quantity designated as such in the relevant Confirmation as the quantity of the relevant Precious Metal by reference to which the amount due to be paid under such Precious Metal Transaction or Option is calculated;

Notional Quantity. ” means the notional quantity of the underlying commodity gas or financial power agreed to by Exchange and the Contracting Party, upon entering into a Financially Settled Futures Transaction, which forms the basis of settlement for the Financially Settled Futures Transaction and is referred to in the respective Financially Settled Futures Confirmation as the Notional Quantity;

Notional Quantity means the quantity of gas or financial power agreed to by Exchange and the Contracting Party upon entering into a Futures Transaction, which forms the basis of settlement for the Futures Transaction and is referred to in the respective Futures Confirmation as the Notional Quantity;

Notional Quantity means, in respect of a Commodities Transaction or a Precious Metal Transaction, the quantity designated as such in the relevant Confirmation as the quantity of the relevant Commodities or Precious Metal by reference to which the amount due to be paid under such Commodities Transaction or Precious Metal Transaction is calculated;

Notional Quantity means, in respect of a Calculation Period, Units specified in the relevant Confirmation for that Calculation Period.

Notional Quantity means, with respect to a Commodity Conversion, the number

Notional Quantity means, for each Interval, the sum of the contract quantity of electricity (in MWh) for each hour or fraction thereof in such Interval, for which PROJECT ORANGE and NIAGARA are contractually committed. The contract quantities for Contract Years during the Proxy-Market Price Period are set forth in Schedule 2A attached hereto. The contract quantities for Contract Years after the Proxy-Market Price Period are set forth in Schedule 2B attached hereto. NYPSL: Shall mean the New York Public Service Law, as amended.