Pricing Month definition

Pricing Month means the month prior to the month of delivery during which pricing is determined pursuant to Section 4 of this Agreement.

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Pricing Month means the Month [***].

Pricing Month means the calendar month in which the Delivery Window of the relevant cargo is scheduled in the ADP to begin.

Examples of Pricing Month in a sentence

• Pricing Month – a period of time for delivery of electricity, usually either 4 or 5 weeks in length, that corresponds to the delivery period for electricity contracts referred to as “months” in the reports compiled by the Agreed Price Reporters.

• In the event that no such trades are reported by any Agreed Price Reporter for that Trading Day, the arithmetic mean of the bid and offer prices quoted on that day across all Agreed Price Reporters for the relevant Pricing Month shall be used in place of the mean of the prices of contracts traded.

• The arithmetic mean across all Agreed Price Reporters of the bid-offer midpoints for the period starting on the first Trading Day of the second Pricing Month falling wholly in the future or the first Trading Day of the Pricing Season, whichever is the later, and ending on the last Trading Day of the Pricing Season.

• The Forecast Average Price for the Month for a Pricing Month that falls wholly or partly in the past shall equal the Average Price for the Month for that Pricing Month.

• On the first Business Day following each Pricing Month (i.e., the first Business Day of the month of delivery), SMC will inform GM in writing via facsimile as to the formula-based pricing computations set forth in Section 5 above for the actual quantities of Metal to be delivered by SMC pursuant to this Agreement during the following month.

More Definitions of Pricing Month

Pricing Month as defined in Section ‎9.1.1;

Pricing Month means the relevant calendar month during which Golar has provided the Excess Base Capacity; “Midpoint Prices” means the un-weighted arithmetic average of the Bid and the Offer quoted in the Heren Report in respect of the Pricing Month at the TTF in the table entitled “TTF Price Assessment” in EUR/MWh; “Calculation Period” means the calendar month immediately preceding the Pricing Month during which the Pricing Month is displayed as the front month published by the Heren Report; “CF” means 0.293071 MWh/MMBTU; “FX” means the USD foreign exchange reference rate for Euro (being the value of 1 Euro expressed in USD) as published by Bloomberg under BFIX at 16:00 hours (London time) for the United Kingdom business day immediately following the Calculation Period; and “X” is equal to: (i) [*****] for the 2022 Contract Year and (ii) [*****] for each Contract Year from and including the Contract Year starting on 1 January 2023 for the remainder of the Term. “ETF” means the Excess Tolling Fee in USD per MMBTU. EXAMPLE CALCULATION The following example calculation illustrates the equation set out in paragraph (ii) A. above. Where: - [*****]

Pricing Month has the meaning specified in the Confirmation Memorandum.

Pricing Month means the month during which pricing is determined pursuant to Section 5 of this Agreement, and (i) with respect to Palladium, is the month prior to the month of delivery (e.g. *** for delivery in ***), and (ii) with respect to Rhodium, is the month that is three months prior to the month of delivery (e.g. *** for delivery in ***).

Pricing Month in, Section 1 of the Agreement shall be amended by deleting it in its entirety and by substituting the following therefor:

Pricing Month means the calendar month [***].

Pricing Month means the calendar month in which the Arrival Period of the relevant LNG Cargo is scheduled to begin;