Price Cap definition
Price Cap means the maximum value of the bid price considered for maximum payment obligation (MPO) calculation per bidding zone border and direction, calculated as per Article 34(6) of these HAR;
Price Cap means the amount for which the First Home is sold after the application of the Discount Market Price which on its first Disposal shall not exceed Two Hundred and Fifty Thousand Pounds (£250,000) or such other amount as may be published from time to time by the Secretary of State
Price Cap means that regardless of the actual stock price growth over the Performance Period, the final stock price will be limited to 250% of the grant date price for purposes of calculating the final award of PSUs to the Grantee.
Examples of Price Cap in a sentence
For example: (formulaic resulting shares earned X 250% Price Cap) / (stock price at time of delivery of shares) = resulting actual shares earned.
The resulting shares earned will be subject to the 250% Price Cap.
More Definitions of Price Cap
Price Cap means, in respect of a capacity auction, the price to be used by the auctioneer in the first bidding round of the capacity auction;
Price Cap means the maximum price (if any) in dollars per Share at which Shares will be issued pursuant to the DRP as determined by the Board in its absolute discretion and announced to ASX on the day a Dividend is declared by the Board;
Price Cap means the cap on the amount certain consumers can be charged for the supply of Electricity as calculated by Ofgem (or any successor organisation).
Price Cap means an overall limit on the annual percentage change in charges that can be imposed for any basket of postal services which is calculated in accordance with the following formula:
Price Cap means two hundred and fifty thousand pounds (£250,000) or such other amount as the Secretary of State may prescribe in the Starter Home Regulations
Price Cap in relation to a Designated Ferry Route or Route Group means the price cap established in relation to that Designated Ferry Route or Route Group by the Commissioner under the Act;
Price Cap. If applicable, the maximum amount per kilowatt hour that will be charged under a Floating Electricity Rate, before any applicable Transaction Fee and (if applicable) Floating Green Electricity Fee. If a Price Cap is applicable, it will be specified in the Sign-Up Confirmation.