Fixed Basis Price definition

Fixed Basis Price means a price agreed to by the Parties on the basis of NYMEX Gas futures contracts then trading for the applicable Month, or if no such price is agreed prior to the last three trading Days of the applicable Month, a price equal to the sum of the average of the settlement prices of the NYMEX Gas futures contract for the last three trading Days of the applicable Month (the "Average Settlement Price") plus a fixed dollar amount basis adjustment agreed to by the Parties. "Floating Basis Price" means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. EXHIBIT "A" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE / COMMUNICATION / PAYMENT TO COMPANY: Notices/Correspondence: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Documentation and Deal Clearing Desk Facsimile No. (000) 000-0000 Termination Notice Facsimile No. (000) 000-0000 Invoices: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Client Services Facsimile No. (000) 000-0000 Payments: Enron North America Corp. ABA Routing 000000000 Bank of America Dallas, Texas Account 3750494099 Nominations: 0(000) 000-0000/0(000) XXXXXXX Confirmations: Enron North America Gas Trading 0(000) 000-0000 TO CUSTOMER: Notices/Correspondence: Florida Power Corporation Attn: Xxx MurphyErickson Director - Gas and Oil TradingPrincipal Support Analyst P. X. Xxx 0000, XXX 00X0X Xxxxxxx, Xxxxx Xxxxxxxx 00000 Telephone: 000-000-00000000 Fax: 000-000-00000000 Invoices: FPC Gas Back Office C/O Progress Energy Corp. P. X. Xxx 0000, XXX 00 Xxxxxxx, Xxxxx Xxxxxxxx 00000 Telephone: 000-000-0000 (Xxx Xxxxxx) Fax: 000-000-0000 Payments: Wire SunTrust Bank, Tampa Bay ABA #000000000 A/C Name - Florida Power Corporation A/C #6032032022500 Nominations: Confirmations: Xxxxx Xxxxxxxx, Telephone: 000-000-0000, Fax 000-000-0000 EXHIBIT "B" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on ___________, _______ and binding between _____________________ ("Customer") and ______________________ ("Company") regarding the firm purchase and sale of Gas under the follo...
Sample 1
Fixed Basis Price means a price agreed to by the Parties on the basis of NYMEX Gas futures contracts then trading for the applicable Month, or if no such price is agreed prior to the last three trading Days of the applicable Month, a price equal to the sum of the average of the settlement prices of the NYMEX Gas futures contract for the last three trading Days of the applicable Month (the "Average Settlement Price") plus a fixed dollar amount basis adjustment agreed to by the Parties. "Floating Basis Price" means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. EXHIBIT "A" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE / COMMUNICATION / PAYMENT TO COMPANY: Notices/Correspondence: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Documentation and Deal Clearing Desk Facsimile No. (000) 000-0000 Termination Notice Facsimile No. (000) 000-0000 Invoices: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Client Services Facsimile No. (000) 000-0000 Payments: Enron North America Corp. ABA Routing 000000000 Bank of America Dallas, Texas Account 3750494099 Nominations: 0(000) 000-0000/0(000) XXXXXXX Confirmations: Enron North America Gas Trading 0(000) 000-0000 TO CUSTOMER: Notices/Correspondence: Enron Compression Services Invoices: Payments: Nominations: Confirmations: EXHIBIT "B" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on ___________, _______ and binding between _____________________ ("Customer") and ______________________ ("Company") regarding the firm purchase and sale of Gas under the following terms and conditions. _______________________ to purchase and receive (Buyer) and __________________ to sell and deliver (Seller). Transaction number ___________________________. DAILY CONTRACT QUANTITY (DCQ): ____________________________ MAXDQ (if applicable): ____________________________ MINMQ (if applicable): ____________________________ MINDQ (if applicable): ____________________________ DELIVERY POINT(S): ____________________________ CONTRACT PRICE (per MMBtu): _______________________...
Sample 1
Fixed Basis Price means a price agreed to by the Parties on the basis of the Gas futures contract for the applicable exchange then trading for the applicable Month, or (unless otherwise indicated in the Confirmation) if no such price is agreed prior to the Trigger Deadline as set out on the Confirmation, the price shall be the last posted price by the applicable exchange for any contract month for Gas futures contracts then trading on the applicable exchange plus a fixed dollar amount basis adjustment agreed to by the Parties. 'Floating Basis Price' means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction.
Sample 1

Examples of Fixed Basis Price in a sentence

  • Such costs will include all commodity-related costs, and exclude pipeline and underground storage demand charges (i.e., those costs included in the Fixed Basis Price of the Supply and Asset Management Agreement).

  • One invoice from commodity/basis supplier; one invoice from local distribution utility Pricing Format Requested (One quote with four terms):• Fixed Basis Price, including: (Please list question # and response in RFP)1.

  • Customer may request a price other than the original Contract Price, being a Fixed Price, Fixed Basis Price or Floating Basis Price (each below defined) by contacting Company during Pricing Hours requesting any such price for a specified quantity of Gas to be Scheduled during selected Months within the Period of Delivery; provided, such request must be made prior to 1:30 p.m. C.T. of the third trading Day prior to the last trading Day of the NYMEX Gas futures contract for the selected Month.

  • One invoice from commodity/basis supplier; one invoice from local distribution utility Pricing Format Requested (1 quote with 4 terms):• Fixed Basis Price, including: (Please list question # and response in RFP)1.


More Definitions of Fixed Basis Price

Fixed Basis Price means a price agreed to by the Parties on the basis of NYMEX Gas futures contracts then trading for the applicable Month, or if no such price is agreed prior to the last three trading Days of the applicable Month, a price equal to the sum of the average of the settlement prices of the NYMEX Gas futures contract for the last three trading Days of the applicable Month (the "Average Settlement Price") plus a fixed dollar amount basis adjustment agreed to by the Parties. "Floating Basis Price" means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. Notwithstanding anything in this Agreement to the contrary, the following provisions apply to Flexible Pricing Transaction:
Sample 1

Related to Fixed Basis Price

  • Fully Diluted Weighted Average Basis means, when calculating the number of Outstanding Units for any period, a basis that includes (a) the weighted average number of Outstanding Units during such period plus (b) all Partnership Interests and Derivative Partnership Interests (i) that are convertible into or exercisable or exchangeable for Units or for which Units are issuable, in each case that are senior to or pari passu with the Subordinated Units, (ii) whose conversion, exercise or exchange price, if any, is less than the Current Market Price on the date of such calculation, (iii) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (iv) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Weighted Average Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Interests and Derivative Partnership Interests shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (x) the number of Units issuable upon such conversion, exercise or exchange and (y) the number of Units that such consideration would purchase at the Current Market Price.

  • Adjusted Basis has the meaning given such term in Section 1011 of the Code.

  • Volume Weighted Average Price for any security as of any date means the volume weighted average sale price on The NASDAQ Global Market (“NASDAQ”) as reported by, or based upon data reported by, Bloomberg Financial Markets or an equivalent, reliable reporting service mutually acceptable to and hereafter designated by holders of a majority in interest of the Warrants and the Company (“Bloomberg”) or, if NASDAQ is not the principal trading market for such security, the volume weighted average sale price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or, if no volume weighted average sale price is reported for such security, then the last closing trade price of such security as reported by Bloomberg, or, if no last closing trade price is reported for such security by Bloomberg, the average of the bid prices of any market makers for such security that are listed in the over the counter market by the Financial Industry Regulatory Authority, Inc. or in the “pink sheets” by the Pink OTC Market, Inc, or in the Over-The-Counter Bulletin Board (“OTCBB”). If the Volume Weighted Average Price cannot be calculated for such security on such date in the manner provided above, the volume weighted average price shall be the fair market value as mutually determined by the Company and the Holders of a majority in interest of the Warrants being Exercised for which the calculation of the volume weighted average price is required in order to determine the Exercise Price of such Warrants. “Trading Day” shall mean any day on which the Common Stock is traded for any period on the OTCBB, NASDAQ, or on the principal securities exchange or other securities market on which the Common Stock is then being traded. For purposes of Rule 144 and sub-section (d)(3)(ii) thereof, it is intended, understood and acknowledged that the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have been acquired at the time this Warrant was issued. Moreover, it is intended, understood and acknowledged that the holding period for the Common Stock issuable upon Exercise of this Warrant in a Cashless Exercise transaction shall be deemed to have commenced on the date this Warrant was issued.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Ask Price means the price at which the Company is willing to sell a CFD.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • Fixed Base Rate means, for each Disbursed Amount, the equivalent of the London interbank offered rate for six-month deposits in dollars for value on the Rate Fixing Date for such Disbursed Amount, expressed as a single fixed interest rate based on the fixed interest rates corresponding to the repayment installments of such Disbursed Amount, as reasonably determined by the Bank and expressed as a percentage per annum.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Ending Value shall, with respect to any Accounting Period, mean the value of the Company's Net Assets at the end of such Accounting Period (before giving effect to the Incentive Allocation and the Management Fee for such Accounting Period, but after giving effect to all other expenses for such Accounting Period).

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Adjusted Value as used in subdivision (d) means:

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (a) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (b) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Capitalization Rate means six and one-half percent (6.50%).

  • Per Share Fair Market Value has the meaning set forth in Section 13(C).

  • VWAP Price means, on any Exchange Business Day, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page “ECPG <equity> AQR” (or any successor thereto) in respect of the period from 9:30 a.m. to 4:00 p.m. (New York City time) on such Exchange Business Day (or if such volume-weighted average price is unavailable, the market value of one Share on such Exchange Business Day, as determined by the Calculation Agent using a volume-weighted method).

  • Fixed Amount has the meaning assigned to such term in Section 1.12(c).

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Average VWAP per Common Unit over a certain period shall mean the arithmetic average of the VWAP per Common Unit for each Trading Day in such period.

  • Fixed Price means the fixed prices for ancillary Services as may be agreed by the Parties and set out in the SOW; FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation;

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.