Examples of NYMEX Price in a sentence
The collateral amount for the Winter Period will be determined by multiplying the total volume for five average days as specified above times the closing NYMEX price for the March contract on the last business day of September in the preceding year.
The collateral amount for the Summer Period will be determined by multiplying the total volume for five average days as specified above times the closing NYMEX price for the October contract on the last business day of February.
NYMEX Plus Pricing will include both a NYMEX price component that varies from month to month and a fixed Price Adder that remains constant during the term of the Agreement.
Company will establish a baseline weighted average cost of Gas based upon the NYMEX forward months as each settles on the day of the Auction (“Baseline WACOG NYMEX”), and will use this Baseline WACOG NYMEX, as adjusted each month, to compare to the then current monthly closing NYMEX price and all remaining NYMEX futures months for the duration of the Auction, weighted using the same methodology utilized to create the Baseline WACOG NYMEX (“Monthly WACOG NYMEX”).
The NYMEX price of the Fuel Consumption Charge for all steam delivered under this Agreement will be adjusted monthly using preceding month’s NYMEX natural gas closing price.