Midpoint Price definition

Midpoint Price means the sum of the Pre-Announcement Price plus the Pre-Closing Price, divided by two.
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Examples of Midpoint Price in a sentence

  • Zone A will be the daily price posted in Gas Daily / Daily Chicago City-gate Midpoint Price.

  • Zones B and E will be the daily price posted in Gas Daily / Daily Mich Con City-gate Midpoint Price.

  • If the Midpoint Price ceases to be published, the parties will agree upon an alternative published daily index.

  • If Reuters or Telerate cease to publish West Coast ANS postings, then the Parties shall agree upon a substitute reference point, with such adjustments as might be necessary to correlate the ANS Midpoint Price to the equivalent price references specified herein.

  • The Sources of Supply, Delivery Points, Index Prices, Gas Daily Midpoint Price, Transportation Costs, and Pricing Pools effective as of the Effective Date are set forth in Exhibit A to this Agreement.

  • Underburns will be purchased by KeySpan from LIPA using, as an index price, the Transco Zone 6 NY Midpoint price as published in Gas Daily (the "Midpoint Price"), in the manner set forth below.

  • In lieu of this reimbursement of actual costs, UGI may elect to have Manager pay an amount equal to the Storage Balance Difference times the Texas Eastern M-3 Midpoint Price as published in Gas Daily for November 1, 2019 or, if terminated sooner by UGI under Sections 4.5(a) or 20.1 due to a breach by Manager, as published in Gas Daily for the first trading day after the termination day.

  • The required reimbursement will be obtained by multiplying the Storage Balance Difference by the Texas Eastern M-3 Midpoint Price as published in Gas Daily for December 1, 2019 or, if terminated sooner by UGI under Sections 4.5(a) or 20.1 due to a breach by Manager, as published in Gas Daily for the first trading day after the termination day.

  • The required reimbursement will be obtained by multiplying the Storage Balance Difference by the Texas Eastern M-3 Midpoint Price as published in Gas Daily for November 1, 2020 or, if terminated sooner by UGI under Sections 4.5(a) or 20.1 due to a breach by Manager, as published in Gas Daily for the first trading day after the termination day.

  • Any new Sources of Supply, Delivery Points, or Pricing Pools, and the associated Index Prices, Gas Daily Midpoint Price, and Transportation Costs that Seller and Purchaser have agreed upon shall be set forth in a notice prepared by Purchaser and furnished to Seller.

Related to Midpoint Price

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix.

  • Current Price means, with respect to any Reference Obligation on any date of determination, the Calculation Agent’s determination of the net cash proceeds that would be received from the sale on such date of determination of such Reference Obligation, net of the related Costs of Assignment. If Counterparty disputes the Calculation Agent’s determination of the Current Price of any Reference Obligation, then Counterparty may, no later than two hours after Counterparty is given notice of such determination, (a) designate up to two entities, each of which shall be either (i) an Approved Buyer or (ii) a Dealer of credit standing acceptable to Citibank in the exercise of its reasonable discretion and (b) provide to Citibank within such two-hour period with respect to each such Approved Buyer or Dealer a Firm Bid with respect to the entire Reference Amount of the Reference Obligation. The higher of such two Firm Bids will be the Current Price. The “Current Price” shall be expressed as a percentage of par and will be determined exclusive of accrued interest.

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and

  • Set Price shall have the meaning set forth in Section 4(c)(i).

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