Examples of Pricing Agent in a sentence
The Pricing Agent may not rely upon quotes from Seller or any Affiliate of Seller.
In addition, on each Business Day, the Pricing Agent shall provide to the Buyer the On-Peak Forward Price and the Off-Peak Forward Price.
To the extent that information and/or quotes are not available to determine an On-Peak Forward Price or Off-Peak Forward Price for a given month the Pricing Agent shall be permitted to use information and/or quotes relevant to such month for which information/and quotes are available in order to provide the Buyer the required On-Peak Forward Price and Off-Peak Forward Price for such month.
Exhibit E presents in more detail the methodology to be used by the Pricing Agent in determining the Off-Peak Initial Xxxx Xxxxx, On-Peak Initial Xxxx Xxxxx, the On-Peak Forward Price and the Off-Peak Forward Price.
The Pricing Agent shall provide to the Buyer the On-Peak Initial Xxxx Xxxxx and the Off-Peak Initial Xxxx Xxxxx.
Prices on a daily basis On each Trading Day subsequent to the Transaction Date, the Pricing Agent will contact four Reference Market-Makers to obtain price quotes for on-peak and off-peak energy for PJM Western Hub.
The Pricing Agent may not rely upon quotes from DS Supplier or any Affiliate of DS Supplier.
If the Pricing Agent has been unable to secure at least five days of price quotes for a given month, then the Pricing Agent shall use the quote for that same month from the immediately prior calendar year.
To the extent that On-Peak forward price quotes are not available for any forward month at the time the Pricing Agent is establishing the On-Peak Initial Mark Price, the Pricing Agent shall follow the steps outlined in this Exhibit.
If the day on which the Pricing Agent is attempting to secure price quotes for a given month follows at least five (5) days in which the Pricing Agent has secured price quotes for that month, then the price quote that the Pricing Agent shall report shall be the average of the most recent five (5) days’ quotes for that month.