Settlement Price definition

Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

Settlement Price means, in respect of every Product for each Trading Day, the price as determined by Exchange, in its sole discretion, considering the reasonable estimation of the current Market Price using internal and external sources for each Product, such Settlement Price being determined no later than the end of every Business Day. Should the Contracting Party dispute such determination, Exchange will investigate and determine, in its sole discretion, whether or not a recalculation should be undertaken and will advise the Contracting Party of its decision as soon as reasonably practicable;

Settlement Price means the price at which electricity sales pursuant to this Contract will be settled. “Term” has the meaning provided in Part 2, Section 1.

Examples of Settlement Price in a sentence

• Net Share Settlement Number: A number of Shares equal to the sum of (i) the Aggregate Net Share Number as of the last Unwind Date in any Unwind Period and (ii) the sum of the quotients (rounded to the nearest whole number), for each Unwind Adjustment Amount for such Unwind Period, obtained by dividing (x) such Unwind Adjustment Amount by (y) the Settlement Price on the Forward Price Reduction Date relating to such Unwind Adjustment Amount.

• The price at which the Contract is delivered is the Exchange Delivery Settlement Price (EDSP) for the second Business Day immediately prior to the calendar day on which the Delivery Month for the ICE Endex PSV Natural Gas Futures commences in accordance with the ICE Endex Rules.

• Aggregate Net Share Number: As of any date, the aggregate sum, for all Unwind Dates in the relevant Unwind Period occurring on or prior to such date, of the quotient (rounded to the nearest whole number) obtained by dividing (x) the Daily Cash Settlement Amount for such Unwind Date by (y) the Settlement Price for such Unwind Date.

• EDSP = The relevant Exchange Delivery Settlement Price for the day of delivery, quoted in Euros per MWh. Failed Deliveries MWh * Delivery Failure Cost, plus any additional costs of the Clearing House, as appropriate Where MWh = the number of Megawatt Hours delivered.

• Net Share Settlement Amount: For any Settlement of any Transaction to which Net Share Settlement is applicable, an amount equal to the Forward Cash Settlement Amount for such Settlement divided by the Settlement Price for such Settlement.

More Definitions of Settlement Price

Settlement Price means, in relation to each Cash Settled Warrant or, if Units are specified in the applicable Final Terms, each Unit, as the case may be:

Settlement Price means the price determined by the Management Companies, pursuant to the Regulations of the Markets, for the purpose of final settlement of contracts in Derivative Financial Instruments.

Settlement Price means, in respect of a Reference Item, the official closing price of such Reference Item.

Settlement Price means, in relation to any Pricing Day and a futures contract traded

Settlement Price means the official closing level of the Underlying Reference.

Settlement Price means the official closing price of each Reference Item on each Valuation Date on the relevant exchange of such Reference Item.

Settlement Price means the price for each Contract supplied by the Exchange to the Clearing House at the end of each trading day (Daily Settlement Price).