Uniform Price Auction definition

Uniform Price Auction means an auction in which the network user in a single bidding round bids price as well as quantity and all network users, who are successful in gaining capacity, pay the price of the lowest successful bid;
Uniform Price Auction means an auction in which the Shipper in a single Bidding Round bids price as well as capacity quantity and where all Shippers who are allocated capacity pay the price of the lowest successful Bid;
Uniform Price Auction means an auction in which the Shipper, in a single Bidding Round, bids price as well as capacity amount and all Shippers who are allocated Capacity pay the price of the lowest successful bid. Uniform Price Auctions shall apply in the case of Daily IP Capacity.

Examples of Uniform Price Auction in a sentence

  • The dashed squares indicate the closest GATA motifs (from the highest ChIP-seq signals).

  • Bidding in a Uniform Price Auction 2.9.9 In each Auction a Shipper may apply for IP Capacity by submitting a Bid within the Bid Window in accordance with this section 2.9. 2.9.10 A Shipper can submit up to 10 Bids in a Uniform Price Auction each of which shall be separate and independent of the others.

  • The initial auction shall be conducted as a Single Round Sealed-Bid Uniform Price Auction.

  • The price of the issue will be determined by Competitive Uniform Price Auction.

  • If an Auction (‘A’) has not Closed by the closure deadline for the next following Auction (‘B’, whether an Ascending Clock Auction or a Uniform Price Auction) in respect of Interconnection Point Capacity for the same Interconnection Point, Direction and Class as Auction A but for any Capacity Period which falls within the Capacity Period for Auction A, Auction A shall be discontinued without Closing and no Bid in Auction A shall have any effect.

  • This paragraph 5 sets out the basis on which Uniform Price Auctions will be held (and in this paragraph 5 references to an Auction are to a Uniform Price Auction).

  • The Department, in consultation with the Delaware Public Service Commission, may employ a Single Round Sealed-Bid Uniform Price Auction or an Ascending Price, Multiple Round Auction in subsequent auctions or such other auction design as determined by the Department.

  • Aggregate information with respect to each Uniform Price Auction shall be published on the JBP including the total amount of IP Capacity allocated and the applicable Clearing Price.

  • A Competitive Uniform Price Auction with open bidding will determine the price of the issue.

  • The Uniform Price Auction shall be applied to Daily VRF capacity auctions.


More Definitions of Uniform Price Auction

Uniform Price Auction means an auction in which the User in a single bidding round bids price as well as capacity quantity, and all Users who are successful in gaining capacity pay a common clearing price.
Uniform Price Auction means an auction in which the Network User Member in a single bidding round bids price as well as quantity and all Network User Members, who are successful in gaining capacity, pay the price of the lowest successful bid.
Uniform Price Auction means an auction in which Shippers bid capacity price and volume in a single bidding round;
Uniform Price Auction means an auction in which the Shipper in a single Bidding Round bids price as well as capacity quantity and where all

Related to Uniform Price Auction

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • non-firm prices means all prices other than “firm” prices;

  • Reverse auction means a purchasing process in which offerors submit proposals in competing to sell services or supplies in an open environment via the internet.

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Catalog Pricing and Pricing Requirements This is a requirement of the TIPS Contract and is non-negotiable. In this solicitation and resulting contract, "Catalog Pricing" shall be defined as: "The then available list of goods or services, in the most current listing regardless of date, that takes the form of a catalog, price list, price schedule, shelf-price or other viewable format that: