Daily Spread definition

Daily Spread is defined in Article 10.5;
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Daily Spread means plus 2.22 per cent. per annum, subject to adjustment pursuant to Special Conditions (II) and (III) below.
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Examples of Daily Spread in a sentence

  • Index-Based Volumetric Rate: Index-Based Volumetric Rate = (Net Daily Spread - Index Spread Adjustment) Where: Net Daily Spread = (KRGT-Del Pool - KRGT-Rec Pool - Applicable Fuel - Applicable Surcharges).

  • Daily Index-Based Volumetric Rate: Index-Based Volumetric Rate = Net Daily Spread where: ▇▇▇▇▇▇▇ agrees to pay Transporter 60% of the value derived from the following spread: Net Daily Spread = ((The higher of Transco, Zone 5 del.

  • Daily Index-Based Volumetric Rate: Index-Based Volumetric Rate = Net Daily Spread where: ▇▇▇▇▇▇▇ agrees to pay Transporter 50% of the value derived from the following spread: Net Daily Spread = Columbia Gas, App.

  • Daily Index-Based Volumetric Rate: Index-Based Volumetric Rate = Net Daily Spread where: Shipper agrees to pay Transporter 50% of the value derived from the following spread: Net Daily Spread = TCO-▇▇▇▇▇ (where TCO-▇▇▇▇▇ = Columbia Gas, App.

  • The negotiated daily reservation/demand rate applicable to Shippers DMDQ shall be calculated as shown below: Daily Reservation/Demand Rate = (Net Daily Spread - Index Spread Adjustment) Where: Net Daily Spread = ((Kern River, delivered price - Kern River, ▇▇▇▇ ▇▇▇▇▇) - (fuel used and lost and unaccounted-for gas percentage under Rate Schedule KRF-1 for incremental rate service related to the 2003/2010 Expansion Projects * Kern River, ▇▇▇▇ ▇▇▇▇▇) - (Applicable Commodity + Applicable Surcharges)).

  • This 12.0 Hour Maximum Daily Spread will be scheduled between 5:10 a.m. and 6:10 p.m. daily.

  • The required Maximum Daily Spread for School Bus Drivers’ with guaranteed base hours of 30 – 40 hours shall be limited to 12.0 Hours.

  • Index Spread Adjustment = $0.0200 per Dth for Net Daily Spread of up to $0.4000; $0.0400 per Dth for Net Daily Spread of $0.4001 to $0.5817; Net Daily Spread x 10% after Net Daily Spread exceeds $0.5817.