Examples of Round Price in a sentence
The Secretary of State must issue instructions to the Auctioneer as to the process for determining the size of the decrement to be represented in each Bidding Round Price Spread.
The Bidding Round Price Cap in the first Bidding Round must be the Price Cap.
In each subsequent Bidding Round, the Bidding Round Price Cap must be equal to the Bidding Round Price Floor in the previous Bidding Round.
A Bidder shall not be deemed to have made a Continuing Bid with respect to a Bidding CMU in any Bidding Round for which the Bidding Round Price Floor is lower than the Exit Price specified in its Exit Bid.
The Auctioneer must set the Bidding Round Price Spread for each Bidding Round in accordance with such instructions.
The price spread for a Bidding Round (the “Bidding Round Price Spread”) must be expressed as a range from a highest price (the “Bidding Round Price Cap”) to a lowest price (the “Bidding Round Price Floor”).
If after allocation of the Bids per Section 7.17 (iii) one SBU remains unallocated because of the rounding, that SBU will be allocated to the Bid with a Price equal to the End of Round Price with the highest Quantity (“Q”).
The End of Round Price shall be notified by ICE Endex to Bidders prior to the start of the subsequent Round in accordance with Subsections 7.6(i) and 7.6(ii).
ICE Endex shall determine the lowest Price entered by Bidders in excess of the Reserve Price , if any, such that the Total Quantity demanded by all Bidders is less than or equal to the Supply, and this Price will be deemed the End of Round Price .
For each and every auction Round, except the first Round, the Start of Round Price will be equal to the End of Round Price of the immediately preceding Round.