Gas Daily Average definition

Gas Daily Average means the simple arithmetic average of the prices in US$ per MMBtu published for each applicable Day of the applicable Month by the McGraw-Hill Companies, or its successor-in-interest, in Platts’ Gas Daily under the table “Daily Price Survey ($/MMBtu)” under the table “Rockies/Northwest”, under the row “Kern River, Opal”, under the column labeled ”Midpoint”;
Sample 1
Gas Daily Average. FOM" is "first of month" "MDQ" is Maximum Daily Quantity All contracts contain replacement cost reimbursement clauses in event of non-force majeure supplier failure and supplier corporate warranty on performance. VNG also has a 15,930 DthD bundled firm sales service provided by Wxxxxxxx Energy Services as agent for Transco using capacity contracted for by VNG (contract term through 3/31/2004). SCHEDULE 3.9 INTERSTATE PIPELINE CAPACITY CONTRACTS AS OF NOVEMBER 1999 FIRM TRANSPORTATION SERVICES CAPACITY EXPIRATION PIPELINE SERVICE (DTHD) RATE DATE CNGT (1) FTNN 19,852 MAX TARIFF 03/31/12 FTNN 20,000 MAX TARIFF 10/31/15 FTNN 13,500 MAX TARIFF 10/31/16 FTNN 5,000 MAX TARIFF 10/31/17 FT 10,000 MAX TARIFF (2) 02/28/05 FTNN-GSS 15,148 MAX TARIFF 03/31/12 FTNN-GSS 20,000 MAX TARIFF 10/31/15 FTNN-GSS 5,000 MAX TARIFF 10/31/17 GATHERING 5,050 MAX TARIFF 03/31/01 TENNESSEE FT-A 25,650 MAX TARIFF 10/31/00 (3) FT-A 4,599 MAX TARIFF 10/31/00 (3) FT-A 518 MAX TARIFF 10/31/00 (3) TEXAS EASTERN FT-1 13,284 MAX TARIFF 10/31/00 TRANSCONTINENTAL FT 556 MAX TARIFF 10/31/12 FT 35,930 MAX TARIFF 03/31/05 FT 14,625 MAX TARIFF 07/31/04 COLUMBIA GAS FTS 57,970 MAX TARIFF 10/31/04 FTS 38,000 FERC APPROVED (4) 10/31/19 SST 49,030 MAX TXXXXX 00/00/00 XXX 14,625 MAX TARIFF 10/31/14 COLUMBIA GULF FTS 51,479 MAX TARIFF 10/31/04 NOTES (1) VNG has a contractual commitment to acquire an additional 15,225 DthD of Rate Schedule FTNN capacity effective 10/31/2000 at maximum tariff rates for a primary term of 15 years.
Sample 1

Examples of Gas Daily Average in a sentence

  • It is highly recommended that tab protection be enabled before saving the ROI Analysis document.2. Formatting: Because all tabs in the ROI template are protected, Excel formatting features may not be available unless Tab Protection is disabled.3. Printing: Each tab has been created to print landscape to make most efficient use of 8-1/2” x 11 standard letter paper.

  • All LVG-QFCP-RC customers pay a Commodity Charge Rate based upon the Gas Daily Average (GDA) Transco Zone 6 Non NY price plus any premiums incurred by the Company to provide this service.

  • Gas Daily Average: A flat monthly average of the Gas Daily price for theselected index.2. Each Day’s Gas Daily: Each day’s excess/shortfall quantity will be multiplied bythat day’s Gas Daily price for the selected index.3. Other: Please describeHedgingPlease address the following questions:1.

  • The midpoint or index, also called the GDA (Gas Daily Average), is the volume-weighted average of all transactions submitted to Platts that are used to calculate the index.

  • The midpoint or index, also called the GDA (Gas Daily Average), is the volume- weighted average of all transactions submitted to Platts.

  • All monthly bills must be accompanied by a spreadsheet showing at least the following columns for each day of the month: units nominated, units used, unit price, imbalance, imbalance unit price (monthly Gas Daily Average for the current month), supplier’s margin, total number of units used, total cost for all units, and net cost/unit.

  • The Midpoint, also called the GDA (Gas Daily Average), is the volume weighted average of all transactions submitted to Platts.12-Feb$ 44.78010426Feb 13-16$ 329.59550717-Feb$ 622.78516218-Feb$ 44.5307513 Enable Gas, East Flow Date(s) PriceVolDealsFOM$ 2.610802212-Feb$ 34.38517039Feb 13-16$ 375.810741817-Feb$ 300.0000.2218-Feb$ 428.640215 Oneok, Okla.

  • Platts’ daily benchmark index price – termed the Gas Daily price (and also referred to as the Gas Daily Average, Gas Daily midpoint, or Gas Daily index – and hereinafter, the “Gas Daily” price) – is of primary relevance here.59.

  • Gas Daily Average: A flat monthly average of the Gas Daily price for the selected index.2. Each Day’s Gas Daily: Each day’s excess/shortfall quantity will be multiplied by that day’s Gas Daily price for the selected index.

  • Specifically, for each business day, Platts publishes a “midpoint” or index, also called the Gas Daily Average (GDA), for each reported location.

Related to Gas Daily Average

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Average Daily Availability means, as of any date of determination, the average daily Availability for the immediately preceding Fiscal Quarter.

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, 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 "pink sheets" by Pink Sheets LLC.

  • Average daily attendance or "ADA" means actual average daily

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Index Value means, in relation to any Reference Rate Business Day:

  • Weighted Average Quotation means, in accordance with the Quotation Method, the weighted average of firm quotations obtained from Dealers at the Valuation Time, to the extent reasonably practicable, each for an amount of the Reference Obligation with an outstanding principal balance (which, for the avoidance of doubt, shall exclude any amounts of capitalised interest) of as large a size as available but less than the Quotation Amount (but of a size equal to the Minimum Quotation Amount or, if quotations of a size equal to the Minimum Quotation Amount are not available, quotations as near in size as practicable to the Minimum Quotation Amount) that in the aggregate are approximately equal to the Quotation Amount and Section 7.11 of the Credit Definitions shall be amended accordingly.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • Average means the arithmetic mean.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • 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.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • MMBtu means one million British thermal units.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Loan (excluding Defaulted Loans) on an annualized basis, the Spread of such Loans (including commitment, letter of credit and all other fees), by the Outstanding Loan Balance of such Loans as of such date and dividing such sum by the aggregate Outstanding Loan Balance of all such Floating Rate Loans and rounding the result up to the nearest 0.01%; provided that the Spread of any Revolver Loan which is not fully funded shall be the sum of:

  • Daily Price means, for any relevant day, the closing price on that day (or if there is no closing price the last bid price) as reported by the principal exchange or quotation system on which prices for the Common Stock are reported. On the redemption date the holders of record of redeemed Warrants shall be entitled to payment of the Redemption Price upon surrender of such redeemed Warrants to the Company at its principal office.

  • Opening Average Share Value means the average, over the trading days in the Opening Average Period, of the closing price of a company’s stock multiplied by the Accumulated Shares for each trading day during the Opening Average Period.

  • 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.

  • 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.

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of all Eligible Collateral Obligations included in the Collateral is less than or equal to 5.50 years.

  • average daily net assets of the Fund shall mean the average of the values placed on the Fund's net assets as of 4:00 p.m. (New York time) on each day on which the net asset value of the Fund is determined consistent with the provisions of Rule 22c-1 under the 1940 Act or, if the Fund lawfully determines the value of its net assets as of some other time on each business day, as of such time. The value of the net assets of the Fund shall always be determined pursuant to the applicable provisions of the Declaration and the Registration Statement. If the determination of net asset value does not take place for any particular day, then for the purposes of this section 6, the value of the net assets of the Fund as last determined shall be deemed to be the value of its net assets as of 4:00 p.m. (New York time), or as of such other time as the value of the net assets of the Fund's portfolio may be lawfully determined on that day. If the Fund determines the value of the net assets of its portfolio more than once on any day, then the last such determination thereof on that day shall be deemed to be the sole determination thereof on that day for the purposes of this section 6. You may waive all or a portion of your fees provided for hereunder and such waiver shall be treated as a reduction in purchase price of your services. You shall be contractually bound hereunder by the terms of any publicly announced waiver of your fee, or any limitation of the Fund's expenses, as if such waiver or limitation were fully set forth herein.