Examples of Aggregate Credit Limit in a sentence
The amount of available credit for participating in a CRR Auction cannot exceed the entity’s Aggregate Credit Limit as provided in Section 12.
The CAISO shall compare each Market Participant’s Estimated Aggregate Liability against its Aggregate Credit Limit on a periodic basis.
A Market Participant that does not have an Unsecured Credit Limit, or that has an Unsecured Credit Limit that is less than its Estimated Aggregate Liability, shall post Financial Security that is acceptable to the CAISO and that is sufficient to ensure that its Aggregate Credit Limit (i.e., the sum of its Unsecured Credit Limit and Financial Security Amount) is equal to or greater than its Estimated Aggregate Liability.
The time of other meetings shall be determined by those present at the first meeting; at all meetings the parties shall have the right to caucus or recess.
Each Market Participant shall have the responsibility to maintain an Aggregate Credit Limit that is at least equal to its Estimated Aggregate Liability.