Clearing Price definition

Clearing Price means the price determined pursuant to the Auction as the price at which IP Capacity (and Equivalent Interconnected System Capacity, in the case of a Bundled Auction) is allocated to Shippers in the Auction;

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Clearing Price means the price of the lowest successful bid in an Auction, if the demand exceeds the offer at the Reserve Price. In all other cases, the Clearing Price shall be equal to the Reserve Price.

Clearing Price means the price determined by matching the highest accepted selling order and the lowest accepted buying order in the electricity market;

Examples of Clearing Price in a sentence

• Each winning bidder in the auction shall pay the Market Clearing Price for the TCCs. The total revenues received from the sale of TCCs, the Market Clearing Prices, and the entities awarded TCCs shall be posted on OASIS.

• The obligations of the Selling Security Holder to sell and deliver the Warrants required to be delivered as and when specified in this Agreement are subject to the conditions that (a) at the Closing Date no stop order suspending the effectiveness of the Registration Statement shall have been issued and in effect or proceedings therefor initiated or threatened and (b) the Selling Security Holder and the Representative shall have agreed to the Clearing Price in writing.

• The Selling Security Holder shall notify the Placement Agent whether it has decided to sell the Warrant in the Auction as promptly as practicable after completion of the Auction and determination of the Clearing Price.

• Seller shall include the amount of any payment or credit pursuant to clause (II) above on the Monthly Invoice for the later of (A) the month in which Buyer elects to receive payment or credit pursuant to clause (II) above and (B) the month in which such Auction Clearing Price is determined and, if applicable, shall pay such amount to Buyer according to Article XI.

• Seller shall include the amount of any payment or credit pursuant to clause (ii) above on the Monthly Invoice for the later of (A) the month in which Buyer elects to receive payment or credit pursuant to clause (ii) above and (B) the month in which such Auction Clearing Price is determined and, if applicable, shall pay such amount to Buyer according to Article XI.

More Definitions of Clearing Price

Clearing Price means, in the case of an Ascending Clock Auction, the Reserve Price plus the Auction Premium which applies in respect of a given Bidding Round; and, in the case of a Uniform Price Auction, the price of the lowest successful bid.

Clearing Price means an amount equal to the lowest amount that, having regard to the number of licences to be granted in respect of the fishery, would have to be tendered by an applicant to enable that applicant to be a successful applicant.

Clearing Price shall have the meaning set forth in the Offer Document.

Clearing Price means the price of an allowance determined at an auction.

Clearing Price means the lowest Bid Price, as determined based upon each Bid Price’s percentage of the respective Existing 2016 Note’s principal amount, such that the sum of (i) the aggregate purchase price to purchase all Existing 2016 Notes electing to participate in the Cash Option and (ii) the aggregate amount of unpaid interest that has accrued on such purchased Existing 2016 Notes in accordance with the terms of the Existing 2016 Notes Indenture from December 2, 2012 to March 15, 2013, would equal or exceed $172 million; provided, however, that the Debtors shall use the Exchange Rate in determining such aggregate purchase price and aggregate unpaid interest, which may include Euro denominated 8.875% Bid Prices.

Clearing Price means the price of the lowest successful bid in an Auction, if

Clearing Price means the Cash Alternative Amount at which Teck Shareholders who have elected to receive the maximum amount of cash pursuant to Section 3.2(a) would receive the lowest number of Elk Valley Common Shares pursuant to the Distribution (in the aggregate), given the number of Teck Shares held by such Teck Shareholders and the Elected Prices specified in the applicable Election Forms and provided that no Cash Elector shall receive a Cash Alternative Amount that is less than the Elected Price specified on the Election Form deposited by such Cash Elector pursuant to Section 3.2(b), the whole as determined by Teck;