Basis Differential definition

Basis Differential means, in the case of any Oil and Gas Property, the difference between the NYMEX futures contract prices and the sales prices at the delivery point where the oil or gas, as the case may be, produced by such Oil and Gas Property, is sold.

Basis Differential means the difference between the so-called Henry Hub spot price for natxxxx xxx and the corresponding cash spot price for natural gas in New England. [PL 2013, c. 369, Pt. B, §1 (NEW).]

Basis Differential means, in the case of any Borrowing Base Properties, the difference between the NYMEX futures contract prices and the sales prices at the delivery point where the oil and gas, as the case may be, produced by such Borrowing Base Property is sold.

Examples of Basis Differential in a sentence

• Basis differential" means the difference between the so-called Henry Hub spot price for natural gas and the corresponding cash spot price for natural gas in New England.[PL 2013, c.

• This variable would equal the ratio of daily total scheduled gas to daily available operating capacity.o A dummy (X2) to indicate whether variable X1 is equal to or greater than 80% or less than 80%.o Basis differential: SoCal Border daily spot price – Henry Hub spot price.

• This price corresponds roughly to winter NYMEX prices of approximately $4.50 per mmbtu and an unconstrained New England Basis differential of $0.50 per mmbtu.

• The features “mitigate” and “exploits”, capture the relationships between risk factors in the DITSCAP PDO risk assessment taxonomy.

• Basis differential is the difference between WTI and MSW steam index.

More Definitions of Basis Differential

Basis Differential in the case of any Oil and Gas Property, the difference between the NYMEX futures contract prices and the sales prices at the delivery point where the gas or oil, as the case may be, produced by such Oil and Gas Property is sold.

Basis Differential that would result in an increase of the Borrowing Base (or in any definition contained in this Agreement used in connection with the definition of the foregoing terms that would result in an increase in the Borrowing Base) in each case, without the written consent of each Lender. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by an Agent, affect the rights or duties of such Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents.

Basis Differential. NYMEX Strip Price" or "PV-10" or

Basis Differential means for each year during the term hereof the amount designated as such for each Delivery Point for such year in the Confirmation Letter.

Basis Differential. Revolver A Borrowing Base" or "Revolver A Availability" that would result in an increase of the Borrowing Base or the Revolver A Borrowing Base (or in any definition contained in this Agreement used in connection with the definition of the foregoing terms that would result in an increase in the Borrowing Base or the Revolver A Borrowing Base), in each case, without the written consent of each Lender. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by an Agent, affect the rights or duties of such Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents.

Basis Differential. NYMEX Strip Price", "PV-10" "Maximum Revolver A Amount", "Maximum Revolver B Amount", "Maximum Senior Debt", "Related Indebtedness" or "Proved Developed Reserves Amount" or

Basis Differential in each case without the written consent of each Lender. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by an Agent, affect the rights or duties of such Agent (but not in its capacity as a Lender) under this Agreement or the other Loan Documents.