Examples of Price Floor in a sentence
In each subsequent Bidding Round, the Bidding Round Price Cap must be equal to the Bidding Round Price Floor in the previous Bidding Round.
A Bidder shall not be deemed to have made a Continuing Bid with respect to a Bidding CMU in any Bidding Round for which the Bidding Round Price Floor is lower than the Exit Price specified in its Exit Bid.
As such, we would need to rely on existing policies such as the Renewables Obligation (RO) and the EU-ETS and policies which the Government has committed itself to delivering, such as the Carbon Price Floor (CPF) policy announced in the Budget 2011.
The Carbon Price Floor (CPF), which came into effect from 1 April 2013, is in part intended to provide greater support and certainty to the carbon price9.
Upon every adjustment of the Warrant Price, Floor Price or the number of shares issuable on exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price or Floor Price resulting from such adjustment and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.