Price to Beat definition

Price to Beat has the meaning assigned to such term in Section 39.202 of the Utilities Code.
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Examples of Price to Beat in a sentence

  • After deducting capacity required to satisfy operational requirements associated with the capacity auctioned pursuant to PUCT rules, including without limitation the capacity auction and Price to Beat rules and the obligation under the Agreement for Spinning Reserve Service with Central Power and Light Company dated December 30, 1992, the remaining capacity and related ancillary services shall be auctioned to purchasers other than Regco.

  • During the Price to Beat Period, for those Customers that are being charged the Price to Beat, Series 2003-1 Transition Charges shall be deducted from other charges to such Customers in order to ensure that the total rates paid by such Customers equal the Price to Beat.

  • For (i) Customers not being charged the Price to Beat during the Price to Beat Period or (ii) all Customers after the Price to Beat Period, Series 2003-1 Transition Charges will be added to charges otherwise owed by such Customers.

  • During the Price to Beat Period, for those Customers that are being charged the Price to Beat, Transition Charges shall be deducted from other charges to such Customers in order to ensure that the total rates paid by such Customers equal the Price to Beat.

  • For (i) Customers not being charged the Price to Beat during the Price to Beat Period or (ii) all Customers after the Price to Beat Period, Transition Charges will be added to charges otherwise owed by such Customers.

  • REGULATORY SUMMARY -------------------------------------------------------------------------------------------------------------------------- Company Summary/Events ------------------- --- -------------------------------------------------------------------------------------------------- TXU Energy Price to Beat (PTB) applies to former franchise area residential and small/medium business (<1MW of load) customers.

  • After the rate freeze period through 2006, the target PBR will be limited to a level that is 6% less than the revenue requirement included in CPL's rates prior to securitizing regulatory assets to reflect CPL rates as a consequence of the Price to Beat.

  • Nevertheless, TXU SESCO will continue to have the lowest Price to Beat rates, statewide.

  • PUC No. 29516 - Application of TXU Energy Retail Company to Increase Price to Beat Fuel Factor filed March 25, 2004 + Requesting 7.9% increase in PTB fuel factor.

  • Again, limiting the target PBR to this level will ensure that during the Price to Beat period, customers will pay no more than the amount for transition charges as they would have paid if CPL did not securitize regulatory assets.

Related to Price to Beat

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

  • Net Price means, with respect to the purchase of any Property, without duplication, (i) the aggregate purchase price paid as cash consideration for such purchase (without adjustment for prorations), including, without limitation, the principal amount of any note received or other deferred payment to be made in connection with such purchase (except as described in clause (ii) below) and the value of any non-cash consideration delivered in connection with such purchase (including, without limitation, shares or preferred shares of beneficial interest in General Partner and OP Units or Preferred OP Units (as defined in Borrower’s partnership agreement)) plus (ii) reasonable costs of sale and non-recurring taxes paid or payable in connection with such purchase or sale.

  • Selling Price means the consideration for a sale valued

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • 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

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Fair Market Price means the average value at the relevant time and place (of the requirement to determine the Fair Market Price) to be derived from the average of three independent broker valuations by a broker appointed by Grain Trade Australia, with the valuations to take into account the Grade and variety and taking into account the cost of insurance, levies, taxes, charges, Freight and associated costs.

  • Base Purchase Price has the meaning set forth in Section 2.2.

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

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Call Price If applicable with respect to any Series, as specified in the applicable Supplement.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Average Share Price means the average of the closing price per share of Class A Common Stock on the New York Stock Exchange on the Friday (or if Friday is not a trading day, the last trading day before such Friday) for each week of the calendar quarter ending on the Quarter Date.

  • Unit Price Work means the Work, or a portion of the Work, paid for based on incremental units of measurement.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.