Variable Price Transaction definition

Variable Price Transaction means a Transaction Confirmation for Full Requirements Service with spot energy pricing, as shown on such confirmation. For the current month of each Trading Day MtM credit exposures calculation, the On-Peak Estimated Energy Quantity and Off-Peak Estimated Energy Quantity will be calculated for the month, as described above, and prorated for the remaining On-Peak Hours and Off Peak Hours remaining in the month as follows:  On-Peak Hours remaining in the current month (including the first calendar day following the Trading Day) divided by total On-Peak Hours in the current month  Off-Peak Hours remaining in the current month (including the first calendar day following the Trading Day) divided by total Off-Peak Hours in the current month Parameters In calculating the MtM Exposure Amount for each Transaction, the following parameters are set on the Transaction Date:  On-Peak Initial Xxxx Xxxxx  Off-Peak/On-Peak Price Ratio  Off-Peak Initial Xxxx Xxxxx  MW-Measure: initial Capacity PLC Per Tranche  On-Peak Estimated Energy Quantity Per MW-Measure for each of the twelve calendar months  Off-Peak Estimated Energy Quantity Per MW-Measure for each of the twelve calendar months  Number of awarded Tranches In calculating the MtM Exposure Amount for each Transaction, the following parameters are set each Trading Day subsequent to the Transaction Date:  On-Peak Energy Forward Price  Off-Peak Energy Forward Price  Current Capacity PLC Per Tranche  On-Peak Estimated Energy Quantity  Off-Peak Estimated Energy Quantity
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Related to Variable Price Transaction

  • Transaction Price means the final, publicly announced, price per share of Common Stock paid by an acquirer in connection with a Change in Control (other than a Non-Transactional Change in Control), provided, however, that the Administrator may, in its sole discretion, discount the value of any earn-out, escrow or other deferred or contingent consideration (in each case, to zero) as it deems appropriate.

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Variable Rate Transaction shall have the meaning ascribed to such term in Section 4.12(b).

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.