Below the rack definition

Below the rack means sales of clear or blended gasoline or diesel fuel where the fuel is being sold as a finished fuel for use in a motor vehicle.
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Below the rack means any transaction that occurs after motor vehicle fuel is dispensed at-the-rack.
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Below the rack means the distribution or sale of clear or blended gasoline or diesel fuel products when the fuel is transferred from storage tanks at a bulk facility and offloaded from a fuel-loading rack for sale as a finished fuel product for use in motor vehicles.
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Examples of Below the rack in a sentence

  • Temperature : Switch room:23 +/- 3 Deg C DB: Below the rack (for bottom feed exchanges): 20 +/- 2 Deg C DB Humidity : RH=45 +/- 15%Fresh Air : One air change per hour Part -VII: Special Conditions Relevant to Particular Job / Particular Site:Any addition / alteration during the period of contract shall also be maintained by the firm and nothing extra shall be payable on this account.

  • Temperature : Switch room:23 +/- 3 Deg C DB Below the rack (for bottom feed exchanges): 20 +/- 2 Deg C DB Humidity : RH=45 +/- 15%Fresh Air : One air change per hour Part -VII: Special Conditions Relevant to Particular Job / Particular Site: Any addition / alteration during the period of contract shall also be maintained by the firm and nothing extra shall be payable on this account.

  • National Bureau of Economic Research; 2004; NBER Working Paper 10691.

Related to Below the rack

  • Below Investment Grade Rating Event means the rating on the Notes is lowered in respect of a Change of Control and the Notes are rated below Investment Grade by both Rating Agencies on any date from the date of the public notice of an arrangement that could result in a Change of Control until the end of the 60-day period following public notice of the occurrence of a Change of Control (which period shall be extended until the ratings are announced if during such 60 day period the rating of the Notes is under publicly announced consideration for possible downgrade by either of the Rating Agencies); provided that a Below Investment Grade Rating Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes of the definition of Change of Control Repurchase Event hereunder) if the Rating Agencies making the reduction in rating to which this definition would otherwise apply do not announce or publicly confirm or inform the Company in writing at its request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Below Investment Grade Rating Event).

  • Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Very low-income unit means a restricted unit that is affordable to a very low-income household.

  • Low-income unit means a restricted unit that is affordable to a low-income household.

  • Follow-up means the organized method of systematically determining the status of consumers after they have been discharged to determine post-treatment outcomes and utilization of post-treatment referrals.