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. ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: Documentation and Deal Clearing Desk Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ Termination Notice Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: Client Services Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ Enron North America Corp. ABA Routing ▇▇▇▇▇▇▇▇▇ Bank of America Dallas, Texas Account 3750494099 Nominations: ▇(▇▇▇) ▇▇▇-▇▇▇▇/▇(▇▇▇) ▇▇▇▇▇▇▇ Confirmations: Enron North America Gas Trading ▇(▇▇▇) ▇▇▇-▇▇▇▇ N G Energy Trading, L.L.C. ▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇., ▇▇▇. ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇▇▇ OK 73112 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: ____________________________
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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.
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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 ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇. (▇▇▇) ▇▇▇-4816 Termination Notice Facsimile No. (713) 646-4818 INVO▇▇▇▇: ▇.▇. ▇▇▇ 4428 Houston, Texas 77210-4428 At▇▇: ▇▇▇▇▇▇ ▇▇▇vices Facsim▇▇▇ ▇▇. (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇: ▇▇▇▇ payment to the following account: E▇▇▇▇ ▇▇▇▇▇ ▇▇▇rica Corp. ABA Routing 111000012 Bank of America Dallas, Texas Account 3750494099 NOMINATI▇▇▇: ▇(▇▇0) 356-9427/1(800) FLOWGAS CONFIRMATIONS: ENRON NORTH AMERICA GA▇ ▇▇▇▇▇▇▇ ▇(▇▇▇) ▇▇▇-▇▇▇▇ ▇▇ CUSTOMER: NOTICES/CORRESPONDENCE: COLUMBIA ENER▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇PORATION 13880 Dulles Corner Lane Herndon, VA 20171 Attn: Melissa Flewellyn P▇▇▇▇: (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇: (▇▇▇) ▇▇▇-7317 Pa▇▇▇: (▇▇▇) ▇▇▇-▇▇16 INVO▇▇▇▇: ▇▇▇▇▇▇▇▇er, Columbia ▇▇▇▇▇▇ ▇▇▇▇▇▇ Corpora▇▇▇▇ ▇▇▇▇▇ ▇▇▇les Corner Lane Herndon, VA 20171 Attn: Rich Contos Phone: (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇: (▇▇▇) ▇▇▇-▇▇▇▇ PAYMENT▇: ▇▇▇▇▇▇▇▇ Energy ▇▇▇▇▇▇ ▇▇▇▇▇▇▇tion ABA #04▇▇▇▇▇▇▇ ▇▇▇ ▇▇nk, N.A. Pittsburgh, PA Acct.# 1006117239 NOMINATIO▇▇: ▇▇▇▇ DeStephanis or Heidi Boyd or Donna Jones at (703) 561-6000, Fax (▇▇▇) ▇▇▇-▇▇▇▇ CON▇▇▇▇▇▇▇▇▇▇: Ka▇▇ ▇▇▇▇▇▇▇▇nis ▇▇ ▇▇▇▇▇ ▇▇▇▇ or Don▇▇ ▇▇▇▇▇ ▇▇ (▇03) 561-6000, Fax (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇ "▇" 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...
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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. 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:_________________________
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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. Houston Pipe Line Company ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: Documentation and Deal Clearing Desk Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ Termination Notice Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ Houston Pipe Line Company ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: Client Services Facsimile No. (▇▇▇) ▇▇▇-▇▇▇▇ Post checks to the following address: Houston Pipe Line Company ▇.▇. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Wire payment to the following account: Houston Pipe Line Company ABA Routing ▇▇▇▇▇▇▇▇▇ Bank of America Dallas, Texas Account 3750494141 Nominations: ▇(▇▇▇) ▇▇▇-▇▇▇▇/▇(▇▇▇) ▇▇▇▇▇▇▇ Confirmations: Enron North America Gas Trading ▇(▇▇▇) ▇▇▇-▇▇▇▇ Haldor-Topsoe, Inc. ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Haldor-Topsoe, Inc. ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Haldor-Topsoe, Inc. ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ 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: ____________________________
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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: (a) initially Three-Month Term SOFR (as defined below). (b) Notwithstanding the foregoing clause (i) of this Section 2(b): (i) If the Calculation Agent, determines prior to the relevant Floating Interest Determination Date that a Benchmark Transition Event and its related Benchmark Replacement Date (each of such terms as defined below) have occurred with respect to Three-Month Term SOFR, then the Company shall promptly provide notice of such determination to the Holders and Section 2(c) (Effect of Benchmark Transition Event) will thereafter apply to all determinations, calculations and quotations made or obtained for the purposes of calculating the Floating Interest Rate payable on the Subordinated Notes during a relevant Floating Interest Period. (ii) However, if the Calculation Agent, determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR, but for any reason the Benchmark Replacement has not been determined as of the relevant Floating Interest Determination Date, the Floating Interest Rate for the applicable Floating Interest Period will be equal to the Floating Interest Rate on the last Floating Interest Determination Date for the Subordinated Notes, as determined by the Calculation Agent (as defined below). (iii) If the then-current Benchmark is Three-Month Term SOFR and any of the foregoing provisions concerning the calculation of the interest rate and the payment of interest during the Floating Interest Period are inconsistent with any of the Three-Month Term SOFR Conventions determined by the Company, then the relevant Three-Month Term SOFR Conventions will apply.

  • 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 Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • 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.