Floating Basis Price definition

Floating Basis Price means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. EXHIBIT "A" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE / COMMUNICATION / PAYMENT TO COMPANY: Notices/Correspondence: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Documentation and Deal Clearing Desk Facsimile No. (000) 000-0000 Termination Notice Facsimile No. (000) 000-0000 Invoices: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Client Services Facsimile No. (000) 000-0000 Payments: Enron North America Corp. ABA Routing 000000000 Bank of America Dallas, Texas Account 3750494099 Nominations: 0(000) 000-0000/0(000) XXXXXXX Confirmations: Enron North America Gas Trading 0(000) 000-0000 TO CUSTOMER: Notices/Correspondence: Co-Steel Inc. 000 Xxx Xxxxxx Xxxxx Xxxxx, XX 00000 Invoices: Payments: Nominations: Confirmations: EXHIBIT "B" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on ___________, _______ and binding between Co-Steel Inc. ("Customer") and Enron North America Corp. ("Company") regarding the firm purchase and sale of Gas under the following terms and conditions. _______________________ to purchase and receive (Buyer) and __________________ to sell and deliver (Seller). Transaction number ___________________________. DAILY CONTRACT QUANTITY (DCQ): ____________________________ MAXDQ (if applicable): ____________________________ MINMQ (if applicable): ____________________________ MINDQ (if applicable): ____________________________ DELIVERY POINT(S): ____________________________ CONTRACT PRICE (per MMBtu): ____________________________ PERIOD OF DELIVERY: ____________________________ SPOT PRICE LOCATION: ____________________________
Sample 1
Floating Basis Price means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction.
Sample 1Sample 2
Floating Basis Price means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. EXHIBIT "A" MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE / COMMUNICATION / PAYMENT TO COMPANY: Notices/Correspondence: Invoices: Payments: Nominations: Confirmations: TO CUSTOMER: Notices/Correspondence: Invoices: Payments: Nominations: Confirmations: EXHIBIT "B" MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on ___________, _____ and binding between _____________________ ("Customer") and ______________________ ("Company") regarding the firm purchase and sale of Gas under the following terms and conditions. _______________________ to purchase and receive (Buyer) and __________________ to sell and deliver (Seller). Transaction number ___________________________. DAILY CONTRACT QUANTITY (DCQ):_______________ MAXDQ (if applicable):____________________________ MINMQ (if applicable):____________________________ MINDQ (if applicable):____________________________ DELIVERY POINT(S):_____________________________ CONTRACT PRICE (per MMBtu):___________________ PERIOD OF DELIVERY: __________________________ SPOT PRICE LOCATION:_________________________
Sample 1

Examples of Floating Basis Price in a sentence

  • Customer may request a price other than the original Contract Price, being a Fixed Price, Fixed Basis Price or Floating Basis Price (each below defined) by contacting Company during Pricing Hours requesting any such price for a specified quantity of Gas to be Scheduled during selected Months within the Period of Delivery; provided, such request must be made prior to 1:30 p.m. C.T. of the third trading Day prior to the last trading Day of the NYMEX Gas futures contract for the selected Month.


More Definitions of Floating Basis Price

Floating Basis Price means a price equal to the sum of a fixed dollar amount agreed to by the Parties PLUS the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. "1"-4 EXHIBIT "A" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE/COMMUNICATION/PAYMENT COMPANY: NOTICES/CORRESPONDENCE: P.O. Box 4428 Houston, Texas 77210-4428 Attn: Documentation and Deal Xxxxxxxx Xxxx Xxxxxxxxx Xx. (000) 000-4816 Termination Notice Facsimile No. (713) 646-4818 INVOXXXX: X.X. Xxx 4428 Houston, Texas 77210-4428 Atxx: Xxxxxx Xxxvices Facsimxxx Xx. (000) 000-0000 XXXXXXXX: Xxxx payment to the following account: Exxxx Xxxxx Xxxrica Corp. ABA Routing 111000012 Bank of America Dallas, Texas Account 3750494099 NOMINATIXXX: 0(000) 356-9427/1(800) FLOWGAS CONFIRMATIONS: ENRON NORTH AMERICA GAX XXXXXXX 0(000) 000-0000 XX CUSTOMER: NOTICES/CORRESPONDENCE: COLUMBIA ENERXX XXXXXXXX XXXPORATION 13880 Dulles Corner Lane Herndon, VA 20171 Attn: Melissa Flewellyn Pxxxx: (000) 000-0000 Xxxxxxxxx: (000) 000-7317 Paxxx: (000) 000-0016 INVOXXXX: Xxxxxxxxer, Columbia Xxxxxx Xxxxxx Corporaxxxx 00000 Xxxles Corner Lane Herndon, VA 20171 Attn: Rich Contos Phone: (000) 000-0000 Xxxxxxxxx: (000) 000-0000 PAYMENTX: Xxxxxxxx Energy Xxxxxx Xxxxxxxtion ABA #040000000 XXX Xxnk, N.A. Pittsburgh, PA Acct.# 1006117239 NOMINATIOXX: Xxxx DeStephanis or Heidi Boyd or Donna Jones at (703) 561-6000, Fax (000) 000-0000 CONXXXXXXXXXX: Kaxx XxXxxxxxnis xx Xxxxx Xxxx or Donxx Xxxxx xx (003) 561-6000, Fax (000) 000-0000 XXXXXXX "X" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on _________, ______ and binding between __________________ ("CUSTOMER") and ________________ ("COMPANY") regarding the firm purchase and sale of Gas under the following terms and conditions. ___________________ to purchase and receive (Buyer) and _______________ to sell and deliver (Seller). Transaction number ___________________. DAILY CONTRACT QUANTITY (DCQ): _____________________ MAXDQ (if applicable): _____________________ MINMQ (if applicable): _____________________ MINDQ (if applicable): _____________________ DELIVERY POINT(S): _____________________ C...
Sample 1
Floating Basis Price means a price equal to the sum of a fixed dollar amount agreed to by the Parties plus the difference between the selected reference price for the Delivery Point(s) and the Average Settlement Price for the applicable Month. The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction. EXHIBIT "A" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT NOTICE / COMMUNICATION / PAYMENT TO COMPANY: Notices/Correspondence: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Documentation and Deal Clearing Desk Facsimile No. (000) 000-0000 Termination Notice Facsimile No. (000) 000-0000 Invoices: X.X. Xxx 0000 Xxxxxxx, Xxxxx 00000-0000 Attn: Client Services Facsimile No. (000) 000-0000 Payments: Enron North America Corp. ABA Routing 000000000 Bank of America Dallas, Texas Account 3750494099 Nominations: 0(000) 000-0000/0(000) XXXXXXX Confirmations: Enron North America Gas Trading 0(000) 000-0000 TO CUSTOMER: Notices/Correspondence: Florida Power Corporation Attn: Xxx MurphyErickson Director - Gas and Oil TradingPrincipal Support Analyst P. X. Xxx 0000, XXX 00X0X Xxxxxxx, Xxxxx Xxxxxxxx 00000 Telephone: 000-000-00000000 Fax: 000-000-00000000 Invoices: FPC Gas Back Office C/O Progress Energy Corp. P. X. Xxx 0000, XXX 00 Xxxxxxx, Xxxxx Xxxxxxxx 00000 Telephone: 000-000-0000 (Xxx Xxxxxx) Fax: 000-000-0000 Payments: Wire SunTrust Bank, Tampa Bay ABA #000000000 A/C Name - Florida Power Corporation A/C #6032032022500 Nominations: Confirmations: Xxxxx Xxxxxxxx, Telephone: 000-000-0000, Fax 000-000-0000 EXHIBIT "B" ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT EXAMPLE OF CONFIRMATION ON COMPANY LETTERHEAD (INCLUDING NAME AND ADDRESS) TO CONFIRM TELEPHONIC TRANSACTIONS UNDER SECTION 2.4 This Confirmation shall confirm the Transaction agreed to on ___________, _______ and binding between _____________________ ("Customer") and ______________________ ("Company") regarding the firm purchase and sale of Gas under the following terms and conditions. _______________________ to purchase and receive (Buyer) and __________________ to sell and deliver (Seller). Transaction number ___________________________. DAILY CONTRACT QUANTITY (DCQ): ____________________________ MAXDQ (if applicable): ____________________________ MINMQ (if applicable): ____________________________ MINDQ (if applicable): ____________________________ DELIVERY POINT(S): ____________________________ CONTRACT PRICE (per MMBtu): ___________________...
Sample 1

Related to Floating Basis Price

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Floating Interest Rate means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the 5th decimal place if necessary) plus the Margin. However, in no event will the Floating Interest Rate exceed the Capped Interest Rate.

  • Floating Day Count Fraction means, in respect of the calculation of an amount of interest for any Interest Period:

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Loan (excluding Defaulted Loans) on an annualized basis, the Spread of such Loans (including commitment, letter of credit and all other fees), by the Outstanding Loan Balance of such Loans as of such date and dividing such sum by the aggregate Outstanding Loan Balance of all such Floating Rate Loans and rounding the result up to the nearest 0.01%; provided that the Spread of any Revolver Loan which is not fully funded shall be the sum of:

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the applicable Final Terms as the Specified Period after the calendar month in which the preceding such date occurred; provided, however, that:

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Floating Quarterly Dividend Rate means, for any Quarterly Floating Rate Period, the rate of interest (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the T-Bill Rate on the applicable Floating Rate Calculation Date plus 1.60% (calculated on the basis of the actual number of days elapsed in such Quarterly Floating Rate Period divided by 365).

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;

  • Weighted Average Net Mortgage Interest Rate As to any Distribution Date, a rate per annum equal to the average, expressed as a percentage of the Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date, weighted on the basis of the respective Scheduled Principal Balances of such Mortgage Loans.

  • Floating Amount The product of (a) the Notional Amount (b) the Floating Rate Day Count Fraction and (c) the Settlement Spread which shall be calculated in accordance with the following formula: If USD-LIBOR-BBA is greater than the Cap Rate I for the applicable Calculation Period, then Settlement Spread = (USD-LIBOR-BBA - applicable Cap Rate I) provided, however, that if USD-LIBOR-BBA for any Calculation Period is greater than the Cap Rate II then the USD-LIBOR-BBA for such Calculation Period shall be deemed to be the Cap Rate II. If 1 Month USD-LIBOR-BBA is less than or equal to the Cap Rate I for the applicable Calculation Period, then Settlement Spread = Zero. Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: None Floating Rate Day Count Fraction: 30/360 Reset Dates: First day of each Calculation Period. Business Days: New York Calculation Agent: Party A

  • Floating Rate means, for any day, a rate per annum equal to (i) the Alternate Base Rate for such day plus (ii) ABR Applicable Margin for such day, in each case changing when and as the Alternate Base Rate changes.

  • Weighted Average Interest Rates means, with respect to any Outstanding Notes of a class or tranche of the MBNAseries, or of all of the Outstanding Notes of the MBNAseries, on any date, the weighted average (weighted based on the Outstanding Dollar Principal Amount of the related Notes on such date) of the following rates of interest:

  • Adjusted Prime Rate A rate per annum equal to the sum of (a) the Prime Rate Margin and (b) the greater of (i) the Prime Rate or (ii) one percent (1%) in excess of the Federal Funds Effective Rate. Any change in the Adjusted Prime Rate shall be effective immediately from and after such change in the Adjusted Prime Rate.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Reference Dealer Rate means with respect to the Reference Dealers and the Make Whole/Three- Month Par Call Optional Redemption Date, the average of the five quotations of the mid-market annual yield to maturity of the Reference Stock or, if the Reference Stock is no longer outstanding, a similar security in the reasonable judgment of the Reference Dealers, at the Determination Time and on the Determination Date in each case specified in the applicable Final Terms, quoted in writing to the Issuer by the Reference Dealers; and