Common use of PRICING AGENT Clause in Contracts

PRICING AGENT. Buyer shall contract with and pay for the services of a single independent consultant to provide pricing services with respect to the Transactions under this Agreement (“Pricing Agreement”). The Pricing Agent shall provide to the Buyer the On-Peak Initial Xxxx Xxxxx and the Off-Peak Initial Xxxx Xxxxx. In addition, on each Business Day, the Pricing Agent shall provide to the Buyer the On-Peak Forward Price and the Off-Peak Forward Price. To the extent that information and/or quotes are not available to determine an On-Peak Forward Price or Off-Peak Forward Price for a given month the Pricing Agent shall be permitted to use information and/or quotes relevant to such month for which information/and quotes are available in order to provide the Buyer the required On-Peak Forward Price and Off-Peak Forward Price for such month. Exhibit E presents in more detail the methodology to be used by the Pricing Agent in determining the Off-Peak Initial Xxxx Xxxxx, On-Peak Initial Xxxx Xxxxx, the On-Peak Forward Price and the Off-Peak Forward Price.

Appears in 7 contracts

Samples: Requirements Service Agreement, Requirements Service Agreement, Requirements Service Agreement

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PRICING AGENT. Buyer shall contract with and pay for the services of a single independent consultant to provide pricing services with respect to the Transactions under this Agreement (“Pricing Agreement”). The Pricing Agent shall provide to the Buyer the On-Peak Initial Xxxx Xxxxx and the Off-Off- Peak Initial Xxxx Xxxxx. In addition, on each Business Day, the Pricing Agent shall provide to the Buyer the On-Peak Forward Price and the Off-Peak Forward Price. To the extent that information and/or quotes are not available to determine an On-Peak Forward Price or Off-Peak Forward Price for a given month the Pricing Agent shall be permitted to use information and/or quotes relevant to such month for which information/and quotes are available in order to provide the Buyer the required On-Peak Forward Price and Off-Peak Forward Price for such month. Exhibit E presents in more detail the methodology to be used by the Pricing Agent in determining the Off-Peak Initial Xxxx Xxxxx, On-Peak Initial Xxxx Xxxxx, the On-Peak Forward Price and the Off-Peak Forward Price.

Appears in 4 contracts

Samples: Full Requirements Service Agreement, Requirements Service Agreement, Requirements Service Agreement

PRICING AGENT. Buyer shall contract with and pay for the services of a single independent consultant to provide pricing services (“Pricing Agent”) with respect to the Transactions under this Agreement (“Pricing Agreement”). The Pricing Agent shall provide to the Buyer the On-Peak Initial Xxxx Xxxxx and the Off-Peak Initial Xxxx Xxxxx. In addition, on each Business Day, the Pricing Agent shall provide to the Buyer the On-Peak Forward Price and the Off-Peak Forward Price. To the extent that information and/or quotes are not available to determine an On-On- Peak Forward Price or xxxxx Off-Peak Forward Price for a given month the Pricing Agent shall be permitted to use information and/or quotes relevant to such month for which information/and quotes are available in order to provide the Buyer the required On-Peak Forward Price and Off-Peak Forward Price for such month. Exhibit E EC presents in more detail the methodology to be used by the Pricing Agent in determining the On-Peak Initial Xxxx Xxxxx Off-Peak Initial Xxxx Xxxxx, On-Peak Initial Xxxx Xxxxx, Capacity Forward Price, Capacity Initial Xxxx Xxxxx, the On-Peak Forward Price Price, and the Off-Peak Forward Price.

Appears in 1 contract

Samples: Master Agreement

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PRICING AGENT. Buyer shall contract with and pay for the services of a single independent consultant to provide pricing services (“Pricing Agent”) with respect to the Transactions under this Agreement (“Pricing Agreement”). The Pricing Agent shall provide to the Buyer the On-Peak Initial Xxxx Xxxxx and the Off-Peak Initial Xxxx Xxxxx. In addition, on each Business Day, the Pricing Agent shall provide to the Buyer the On-Peak Forward Price and the Off-Peak Forward Price. To the extent that information and/or quotes are not available to determine an On-Peak Forward Price or and Off-Peak Forward Price for a given month the Pricing Agent shall be permitted to use information and/or quotes relevant to such month for which information/and quotes are available in order to provide the Buyer the required On-Peak Forward Price and Off-Peak Forward Price for such month. Exhibit E C presents in more detail the methodology to be used by the Pricing Agent in determining the OffOn-Peak Initial Xxxx Xxxxx, OnXxxxx Off-Peak Initial Xxxx Xxxxx, the On-Peak Forward Price Price, and the Off-Peak Forward Price.

Appears in 1 contract

Samples: 2011 PPL Electric Utilities

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