Price Control Formula definition

Price Control Formula means the formula provided for in regulation 7.
Price Control Formula means the price control formula set out in Schedule D, which is used in respect of the Annual Scheduled Reference Tariff Adjustment Formula Mechanism.
Price Control Formula means the formula provided for in section 7.

Examples of Price Control Formula in a sentence

  • Transportation charges are derived from a Price Control Formula which is set by Ofgem, the gas and electricity market regulator.

  • The Maximum Allowed Revenue which a Network is allowed to collect in a Formula Year is determined by the Price Control Formula which includes:-• The Core Allowed Revenue as determined by the Price Control Review and inflated by the RPI;• The impact of a number of Incentives and Pass-Through items;• Any under- or over-recovery brought forward from the previous formula year (the “K” factor in the formula).

  • For purposes of this Merger Agreement, the term “Person” shall mean and include an individual, partnership, a joint venture, a corporation, a trust or an unincorporated organization or association.

  • Calculation of the correction factor, Kt-1 for the close out of 2011/12 is as outlined in the Price Control decision for the period 2012/13 – 2016/17.In applying the Price Control Formula the following values were assumed or updated: Inflation▪ In setting the 2013/14 tariffs, 1.2% inflation was assumed for the time period from April 13to March 141.

  • This paper outlines the allowable revenue calculation for 2013/14 by applying the Price Control Formula.

  • All requirements of NMFS Incidental Take Statement/Biological Opinion must be complied with.

  • The allowable revenue for 2013/14 is calculated by applying the Price Control Formula as outlined above.

  • The existing PPB Price Control Formula provides a suitable starting point to develop the analysis.

  • There is a lack of hard substratum present;• The Exmouth Plateau Key Ecological Feature (KEF) overlaps the Remy-1 and Noblige-2 Operational Areas.

  • This paper outlines the allowable revenue calculation for 2014/15 by applying the Price Control Formula.

Related to Price Control Formula

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Fixed price contract means a contract that provides a price, for each

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Fixed Amount has the meaning assigned to such term in Section 1.10(c).

  • Price Level means the price of the Share last determined and published by the Exchange on any day (official closing price).

  • Price Gap means the following:

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Infant formula means a food that is intended for con- sumption by infants.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • prescribed amount means $10 000 or such other amount as may be prescribed.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.