Prevailing Price definition

Prevailing Price means, with respect to any reference date, the average of the Daily Market Prices of the Common Stock for the thirty (30) Business Days ending on and including the third (3rd) Business Day before such reference date.

Prevailing Price means the average price at which any basic necessity has been sold in a given area within a month from the occurrence of any of the conditions enumerated under Section 6 of this Act;

Prevailing Price means the prevailing price as set out in a Sales Order or, if no price is set out, the price that is:

Examples of Prevailing Price in a sentence

• In such circumstances, the price payable for the Under Lift will be calculated using the greater of the agreed fixed price or maximum price for the Fixed Price Basis Volume (as applicable depending on the type of Fixed Price Basis on which the Sales Order is made) AND the Prevailing Price.

• Provided that the Buyer obtains the prior approval of Seller, Buyer may Overlift an agreed volume and Seller shall supply such agreed volume at the Prevailing Price set out in the Existing Agreement or, if there is no Existing Agreement, on a price as agreed between the Parties.

• For failure to comply with any other terms and conditions of the contract, MCWD shall impose a penalty of ten percent (10%) of the prevailing price per cubic meter per day until compliance.Penalty (NC) = (10%) x (Prevailing Price per cu.

• This mayfurther be illustrated as follows:Let Q1= Raw coal quantity (Tonne) supplied Q2 = Washed Coal (Tonne) suppliedQ3 = Reject including slurry if any (Tonne) supplied Q4 = Shortage of products (Tonne)P= Prevailing Price of Raw Coal (₹./t) If Q1 – (Q2 +Q3)= 0, No penalty andIf Q1 – (Q2 +Q3)= Q4, then penalty of ₹.(Q4 x P) shall be imposed on WO.

• Fisher ‘s exchange equation of (MV = PT) is adopted to regulate the link between money supply and price level.MV = PTWhere: M = Currency and other financial instruments in circulation (M0, M1, M2, M3).V = Velocity of money (measured by the rate of money exchange hands within an economy).P = Prevailing Price level.T = Output level (goods and services produced within an economy).Fisher ‘s equation revealed that the (MV) symbolizes money supply and (PT) demand formoney.

More Definitions of Prevailing Price

Prevailing Price means, with respect to the provision of particular facilities or services: (x) if the Provider provides such facilities or services to the general public other than at a tariffed rate or under another pricing mechanism approved by the ICC and a substantial part of the Provider’s revenues associated with provision of such facilities or services are derived from transactions with nonaffiliates, the price the Provider charges to the general public for such facilities or services or (y) if the Provider does not provide such facilities or services to the general public other than at a tariffed rate or under another pricing mechanism approved by the ICC or does not derive a substantial part of its revenues associated with provision of such facilities or services to nonaffiliates, the objectively determinable lowest price, if any, at which a qualified nonaffiliated vendor at the request of Nicor Gas has offered in writing on a firm basis to provide to the Requestor substantially the same facilities or services on the substantially the same terms as the Provider is providing such facilities or services to the Requestor; provided, however, that (a) if neither clause (x) nor clause (y) applies to particular facilities or services provided by a Provider, there shall not be deemed to be a Prevailing Price for such facilities or services hereunder and (b) Nicor Gas shall be under no obligation to seek to obtain prices from nonaffiliated vendors for any facilities or services but continues to have the burden to demonstrate that its rates are just and reasonable and based on prudent reasonable affiliated interest transactions. The Commission's consent to an affiliate interest agreement under Section 7-101(3) of the Act does not constitute approval of payments thereunder for the purpose of computing expense of operations in any rate proceeding.

Prevailing Price means the average closing price of the Company’s stock as quoted on the NASD OTCBB (or such other exchange on which the Company’s stock may then be quoted or listed for trading for the five trading days prior to the last business day of the calendar month. If the Company’s stock in not quoted or listed on the NASD OTCBB or the other exchange, then the prevailing price will be the price at which the Company last offered and sold shares of its common stock. The shares to be delivered to you hereunder have not been registered under the Securities Act of 1933 and are deemed “restricted” shares as that term is defined in the 1933 act). The remaining $2,000 per month will be paid in cash either by wire transfer or cheque.

Prevailing Price means, in the applicable Index Methodology, the Citi Official Price prevailing as of the specified Index Valuation Time in respect of any Forward Contract referencing a particular Selected Currency Pair, with such Settlement Day and in such notional amount specified in relation to it when such Forward Contract was notionally executed in accordance with the process described in such Index Methodology.

Prevailing Price means, with respect to any reference date, the average of the Daily Market Prices of the Common Stock for the thirty (30) Business Days ending on and including the third Business Day before and excluding such reference date, but not greater than the average of the Daily Market Prices of the Common Stock for any ten (10) of those Business Days.

Prevailing Price shall be either of two values described below: (1) In cases in which the Equity would otherwise be sold in an IPO, the “Prevailing Price” will be the IPO price. (2) In cases in which the company is acquired and its stock is converted into unrestricted stock in a publicly traded company, the “Prevailing Price” will be the price at the close of trading on the relevant date.

Prevailing Price means, in respect of a Forward Contract and an Index Business Day, the price (expressed as a rate) of such Forward Contract as of the Index Valuation Time on such Index Business Day, as determined in accordance with the methodology set out in Schedule 2 (Prevailing Price Methodology) to this Master Definitions.

Prevailing Price means the price per share equal to the average of the Daily Market Prices of Common Stock during the period of forty (40) consecutive Business Days ending on the date that is three (3) Business Days prior to and excluding the date of the relevant Later Investment Notice, but not greater than the average of the Daily Market Prices of Common Stock for any three (3) consecutive or non-consecutive Business Days (determined in Purchaser’s sole discretion) within such period of forty (40) consecutive Business Days.