Proxy Price means, for a given day, the product of (a) the New England Internal Hub Price for such day, (b) the Resulting Bid Factor for a calendar month, and (c) the Adjustment Factor.
Examples of Proxy Price in a sentence
InTime has received irrevocable proxies from affiliates sufficient to approve the Merger provided the average of the closing prices for one share of ARIS Common Stock (as reported by the Nasdaq National Market) for the nine trading days immediately preceding the Special Meeting and for the date of the Special Meeting (the "Proxy Price") is not less than $25.00.