Average Index Price definition

Average Index Price means the average of the daily current market price of the Index for the 20 consecutive full trading days ending at the closing of trading on the Determination Date.

Average Index Price means the average of the Index Prices for the ten consecutive full trading days ending at the close of trading on the Determination Date.

Average Index Price shall have the meaning as set forth in the Section 9.1(g) of the Agreement.

Examples of Average Index Price in a sentence

• The price per gallon of a particular Product delivered under this Agreement shall be the sum of (i) the Starting Average Index Price (defined below) for such Product, plus (ii) the dollar change in the Average Index Price (defined below) for such Product between the effective date of the Hypothetical Lift Date and the first date of lift, plus (iii) the Transportation Differential, plus (iv) applicable taxes, plus (v) such additional costs and charges as are provided for in this Agreement.

• The Fuel Surcharge Rate is 1% per $.10 increase in the Average Index Price for Pacific Northwest Ultra Low Sulfur No2 over $2.00 per gallon (Calculation: Average Index Price - $2.00 /$.10 = Fuel Surcharge Rate %).

• Buyer may be charged a fuel surcharge on the Transportation Differential, when the Average Index Price for Pacific Northwest Ultra Low Sulfur No 2 is over $2.00 per gallon the Fuel Surcharge may be added to the price if indicated on the Fuel Quotation form.

• ANNUAL NET CHANGE IN ROYALTIES PAID USING INDEX OPTION FOR NGL SALES Gulf of MexicoNew MexicoOther Areas Change in Royalties 3: Using the Average Index Price Versus the Highest Published Index Price to Value Non-Arm’s-Length Federal Unprocessed Gas, Residue Gas, Coalbed Methane, and NGLsAs noted above, index-based valuation will change from using the highest published price for a specific index-pricing point to using the average published bidweek price for the index-pricing point.

• Any Shipper which fails to adjust its receipts and/or deliveries in compliance with an OFO, subject to the other provisions of this Section, shall be assessed a penalty for the quantity variance between the Shipper's conduct and the conduct required by the OFO, as follows: $25.00 per Dth, and the Weekly Average Index Price, per Dth, shall be added to such penalty amount.

More Definitions of Average Index Price

Average Index Price means, as of the Starting Date or the Determination Date, the average of the weighted average (weighted in accordance with the market capitalization of such companies on the Starting Date) of the daily closing prices of the common stocks of the companies composing the Index Group as reported on the NYSE Composite Tape (as reported in The Wall Street Journal or, if not reported therein, in another authoritative source) on the Starting Date or for the ten consecutive full trading days in which such shares are traded on the NYSE ending at the close of trading on the Determination Date.

Average Index Price on a given date means the price (rounded to two decimal places) derived by adding the closing price of the Nasdaq Bank Index as reported by Bloomberg LP (symbol: CBNK) on each of the ten (10) consecutive Nasdaq trading days ending on such given date, and dividing such sum by ten (10).

Average Index Price has the meaning set forth in Section 9.01(i)(ii).

Average Index Price means the average of the closing price for the NASDAQ Bank Index for the thirty (30) consecutive full trading days ending at the closing of trading on the trading day immediately prior to the Determination Date.

Average Index Price means the average of the arithmetic average of the high postings of the applicable price index on the first date of lift, and the 1 calendar days before and 1 calendar days after the first date of lift. If no price is reported by the price index reporting service for any day used in determining the Average Index Price, the applicable price index for the most recent previously reported day shall be used for that day. The “first date of lift” for any delivery shall be that day during which Seller’s barge hoses are first flanged up to Seller’s fuel supplier’s header, date of fuel acquisition from fuel supplier, or date which a futures contract was entered or sold, at the sellers discretion. A lift that begins on one day and ends on another will be treated as though the lift were completed on the date that the lift began.

Average Index Price means the average of the Index Prices for the fifteen consecutive full NYSE trading days ending at the close of trading on the Determination Date. "Determination Date" means the date on which the last Regulatory Approval required for consummation of the Merger shall be received. "Index Group" means the 20 bank holding companies listed below, the common stock of all of which shall be publicly traded as to which there shall not have been, since the Starting Date and before the Determination Date, an announcement of a proposal for such company to be merged with another unaffiliated company, acquired by an unaffiliated company or for such company to acquire another unaffiliated company or companies in transactions with an aggregate value exceeding 10% of the acquiror's market capitalization as of the Starting Date. In the event that the common stock of any such company ceases to be publicly traded or any such announcement is made with respect to any such company, such company will be removed from the Index Group, and the weights (which have been determined based on the number of outstanding shares of common stock) redistributed proportionately for purposes of determining the Index Price. The 20 bank holding companies and the weights attributed to them are set forth on Exhibit B hereto. "Index Price" on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices on such date of the companies comprising the Index Group. "Starting Date" means the last full day on which the NYSE was open for trading prior to the execution of this Agreement. "Starting Price" shall mean the last sale price per share of Xxxxxxxxxx Common Stock on the Starting Date, as reported by the NYSE (as reported in The Wall Street Journal or, if not reported therein, in another mutually agreed upon authoritative source). If Xxxxxxxxxx or any company belonging to the Index Group declares or effects a stock dividend, reclassification, recapitalization, split-up, combination, exchange of shares or similar transaction between the Starting Date and the Determination Date, the prices for the common stock of such company shall be appropriately adjusted for the purposes of applying this Section 9.1(f). 9.2

Average Index Price means the average closing price of the Index for the twenty (20) consecutive full trading days ending at the closing of trading on the trading day immediately prior to the Determination Date.