Prevailing Price definition

Prevailing Price means, with respect to any reference date, the average of the Daily Market Prices of the Common Stock for the thirty (30) Business Days ending on and including the third (3rd) Business Day before such reference date.
Prevailing Price means the average price at which any basic necessity has been sold in a given area within a month from the occurrence of any of the conditions enumerated under Section 6 of this Act;
Prevailing Price means, with respect to the provision of particular facilities or services: (x) if the Provider provides such facilities or services to the general public other than at a tariffed rate or under another pricing mechanism approved by the ICC and a substantial part of the Provider’s revenues associated with provision of such facilities or services are derived from transactions with nonaffiliates, the price the Provider charges to the general public for such facilities or services or (y) if the Provider does not provide such facilities or services to the general public other than at a tariffed rate or under another pricing mechanism approved by the ICC or does not derive a substantial part of its revenues associated with provision of such facilities or services to nonaffiliates, the objectively determinable lowest price, if any, at which a qualified nonaffiliated vendor at the request of Nicor Gas has offered in writing on a firm basis to provide to the Requestor substantially the same facilities or services on the substantially the same terms as the Provider is providing such facilities or services to the Requestor; provided, however, that (a) if neither clause (x) nor clause (y) applies to particular facilities or services provided by a Provider, there shall not be deemed to be a Prevailing Price for such facilities or services hereunder and (b) Nicor Gas shall be under no obligation to seek to obtain prices from nonaffiliated vendors for any facilities or services but continues to have the burden to demonstrate that its rates are just and reasonable and based on prudent reasonable affiliated interest transactions. The Commission's consent to an affiliate interest agreement under Section 7-101(3) of the Act does not constitute approval of payments thereunder for the purpose of computing expense of operations in any rate proceeding.

Examples of Prevailing Price in a sentence

  • Trading Loss refers to the difference between the value of the trade if executed based on the Prevailing Price and the value of the error trade.

  • The Prevailing Price will be RM2.10, which was the Last Done Price for the securities and the NAR will be from RM1.89 to RM2.31.

  • The NAR set by the Exchange is as stated below: Prevailing Price (RM)No Adjustment Range In relation to securities denominated in foreign currency, the range of prices stated will equally apply but denominated in the foreign currency in which the securities are quoted and traded in.

  • Prevailing Price refers to the Last Done Price or any other price the Exchange deems fit, prior to and/or on the same trading session that an error trade occurs.

  • Prevailing Price Valuation – Refers to the price an affiliate charges a regulated utility for products and services, which equates to that charged by the affiliate to third parties.


More Definitions of Prevailing Price

Prevailing Price means the prevailing price as set out in a Sales Order or, if no price is set out, the price that is:
Prevailing Price means, in the applicable Index Methodology, the Citi Official Price prevailing as of the specified Index Valuation Time in respect of any Forward Contract referencing a particular Selected Currency Pair, with such Settlement Day and in such notional amount specified in relation to it when such Forward Contract was notionally executed in accordance with the process described in such Index Methodology.
Prevailing Price means the average closing price of the Company’s stock as quoted on the NASD OTCBB (or such other exchange on which the Company’s stock may then be quoted or listed for trading for the five trading days prior to the last business day of the calendar month. If the Company’s stock in not quoted or listed on the NASD OTCBB or the other exchange, then the prevailing price will be the price at which the Company last offered and sold shares of its common stock. The shares to be delivered to you hereunder have not been registered under the Securities Act of 1933 and are deemed “restricted” shares as that term is defined in the 1933 act). The remaining $2,000 per month will be paid in cash either by wire transfer or cheque. In addition (i) all expenses incurred for travel on the Company’s behalf including flights and meals will be paid for by the Company and (ii) at such time as the Company’s shareholders approve the Companys 2006 Incentive Stock Plan, you will granted options to purchase up to 250,000 shares of the Company’s commons stock upon the same terms and conditions as the rest of senior management and the Company’s stock option plan. Please confirm your acceptance to the above appointment by signing below and fax back a signed copy to me at the above fax number. Sincerely, MOGUL ENERGY INTERNATIONAL, INC. /s/ Naeem Txxx Xxxxx Tyab President I, Exxxx Xxxxx, hereby accept the appointment as Director of Mogul Energy International, Inc. /s/ Exxxx Xxxxx Exxxx Xxxxx
Prevailing Price means, in respect of a Forward Contract and an Index Business Day, the price (expressed as a rate) of such Forward Contract as of the Index Valuation Time on such Index Business Day, as determined in accordance with the methodology set out in Schedule 2 (Prevailing Price Methodology) to this Master Definitions.
Prevailing Price means, with respect to any reference date, the average of the Daily Market Prices of the Common Stock for the thirty (30) Business Days ending on and including the third Business Day before and excluding such reference date, but not greater than the average of the Daily Market Prices of the Common Stock for any ten (10) of those Business Days.
Prevailing Price means: If the Market Price is higher than or equal to EUR 5.00, EUR 5.00; If the Market Price is lower than or equal to EUR 4.00, EUR 4.00; If Market Price is higher than EUR 4.00, but lower than EUR 5.00, the Market Price; Where:
Prevailing Price shall be either of two values described below: