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.
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.
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 price per Ounce to be paid to SMC by GM for the -------- actual quantities of Platinum delivered pursuant to Section 3 above shall be based on the [***] for the Pricing Month less a discount of [***] per Ounce.
Beginning on January 4, 1999, SMC --------------------- will sell and deliver Metal FOB Delivery Point, to be credited to Ford's pool account, and Ford will purchase the quantities of Metal set forth in this Section 3, which shall be delivered no later than the third Business Day of the month following the Pricing Month.