Threshold Purchase Price definition

Threshold Purchase Price means the Threshold Purchase Price, as defined, and as determined from time to time, in the Transfer Pricing Agreement for Electricity and Gas between British Columbia Hydro and Power Authority (“BC Hydro”) and Powerex Corp, dated April 1, 2003.
Threshold Purchase Price. Means, with respect to each proposed sale of a Property and based on a determination made in good faith by the Manager, a gross purchase price in an amount that is equal to or greater than the minimum sales price per square foot with respect to a Retail Property or DC Property or group of Retail Properties or DC Properties (as set forth in the pricing parameters provided to the Trustee), after taking into account and aggregating: (a) all pending sales with executed PSAs and completed prior sales of Properties and the gross purchase price per square foot received by the Trust therefor; (b) the gross purchase price per square foot to be received by the Trust for such proposed sale; and (c) the gross purchase price per square foot for the remaining Properties not included in clause (a) or (b) above based on the most recent BOVs (as defined herein).
Threshold Purchase Price is defined in the 2003 TPA as “…the maximum Electricity Purchase Price at which BC Hydro will purchase electricity from Powerex in any period to service Domestic Load, as established by BC Hydro from time to time…”.

Examples of Threshold Purchase Price in a sentence

  • This would encourage Powerex to seek electricity in the day-ahead market for import on more days, all else equal, and would result in consequential imports being allocated to BC Hydro (as long as the Threshold Purchase Price was higher than the Applicable Mid-C Price for the hour in which the imports occurred).

  • However, increasing the Threshold Purchase Price to a relatively high number would still not ensure that the total desired volumes would be available, in the day-ahead markets, when required, nor would it eliminate the transfer price risk inherent in the 2003 TPA that discouraged Powerex from using the forward markets to acquire the desired electricity.

  • Under the 2003 TPA, the only tool available to BC Hydro to increase its ability to meet system import needs was to increase the Threshold Purchase Price to a relatively high number.


More Definitions of Threshold Purchase Price

Threshold Purchase Price means the Threshold Price multiplied by 95%.
Threshold Purchase Price means the Threshold Purchase Price, as defined, and as determined from time to time, in the Transfer Pricing Agreement for Electricity and Gas between BC Hydro and Powerex Corp, dated April 1, 2003, and as determined from time to time by the Transmission Provider.
Threshold Purchase Price means the maximum Electricity Transfer Price at which B.C. Hydro will purchase electricity from Powerex in any period to serve Domestic Load, as established by B.C. Hydro from time to time;
Threshold Purchase Price means the maximum Electricity Transfer Price at which B.C. Hydro will purchase electricity from Powerex in any period to serve Domestic Load, as established by B.C. Hydro from time to time; 2319363.4
Threshold Purchase Price shall have the meaning set forth in Section 8.5(a).
Threshold Purchase Price means the product of i) the Threshold Price and ii) the Discount Percentage.

Related to Threshold Purchase Price

  • 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).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Net Purchase Price has the meaning set forth in Section 2.1.

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

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

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

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

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • 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 Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

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

  • Per Unit Purchase Price equals $7.05, 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.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Allocated Purchase Price means with respect to each Purchaser, the dollar amount set forth opposite such Purchaser’s name under the heading “Allocated Purchase Price” on Schedule A hereto.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

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