Auction Premium definition

Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;
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Auction Premium means the difference between the clearing price and the reserve price in an auction;
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Auction Premium means the difference between the Clearing Price and the Reserve Price in an Auction.
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Examples of Auction Premium in a sentence

  • The Company will pay the Auction Premium Rebate (if any) to the Client in accordance with the Port Loading Protocols.

  • If payment of the Auction Premium Rebate in instalments results in the Customer receiving more than they would otherwise be entitled to, the Customer agrees to refund any such overpayment within 10 Business Days of CBH sending a written demand for a refund to the Customer.

  • CBH will pay the Annual Shipping Auction Premium Rebate (if any) to the Customer within 25 Business Days of the end of the Term.

  • Auction Premium Rebate CBH will pay the Harvest Shipping Auction Premium Rebate (if any) to the Customer within 25 Business Days from the End Dateof the end of the Harvest Shipping Period.

  • All Cavity development activities by BGSC, including but not limited to the design of casings, the drilling program and the leaching program, must be approved in advance by Olin.


More Definitions of Auction Premium

Auction Premium means any additional amount paid by the Customer for Capacity which is in excess of the start price for Capacity within a Lot in the Auction.
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Auction Premium means the difference (if any) in price between the Reserve Price in respect of capacity available at any specified Capacity Auction and the Clearing Price at the same Capacity Auction;
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Auction Premium means the difference (if any) in price between the Reserve Price and the Clearing Price of an IP Capacity Auction.
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Auction Premium means the amount (if any) by which the Clearing Price exceeds the Starting Price;
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Auction Premium has the meaning given in Annex B-1 paragraph 2.5.1
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Auction Premium means the premium as the result of an Auction, as described in the PRISMA General Terms and Conditions (GT&C’s) in appendix of attachment B of the Access Code for Transmission.
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Auction Premium has the meaning given in Annex B-1 paragraph 2.5.1(c) of the IUK Access Code;
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