Category 1 Position definition

Category 1 Position means each of the following positions: (a) the Chief Financial Officer;(b) the Chief Operating Officer; and (c) any position for which approval by six Trustees is required by Section 22C-117(c) of the Pension Code, including the Chief Investment Officer and Senior Portfolio Officer.
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Examples of Category 1 Position in a sentence

  • OTC Clear shall maintain:(1) a House Collateral Account in respect of its House Position Account;(2) a separate Client Clearing Category 1 Collateral Account in respect of each Client Clearing Category 1 Position Account; and(3) a separate Client Clearing Category 2 Collateral Account in respect of each Client Clearing Category 2 Position Account.

  • Type of Client Position AccountRegistration FeeContracts registered to a Client Clearing Category 1 Position Account0.0006% of the notional amount (in USD) of each Contract per Position Account*.Registration Fees will be billed in aggregate (in HK$) monthly in arrears.

  • Each Clearing Member shall establish Position Accounts and Collateral Accounts (including Client Clearing Category 1 Position Accounts and Client Clearing Category 1 Collateral Accounts, if applicable) with OTC Clear in accordance with the Clearing Procedures.Position Accounts902.

  • Each Clearing Member has its intra-day Variation Margin limit (“lntra-day VM Limit”) which is the threshold level at which a Routine Intra-day VM Call will be triggered in respect of such Clearing Member’s Contracts recorded to its House Position Account only (for the avoidance of doubt, no Routine Intra-day VM Call shall be made in respect of any Client Clearing Category 1 Position Account(s)).

  • Unless with the prior written approval from OTC Clear, a Clearing Member shall, as part of its risk management policies and procedures, set appropriate limits on the aggregate risk exposure of its House Position Account and (if it provides Client Clearing Services) on the risk exposure of each of its Client Clearing Category 1 Position Accounts by utilizing the House Account Limit and/or Client Account Limit as described further in section 4.6.1 of these Clearing Procedures.

  • Initial Margin is calculated with respect to each Clearing Member’s portfolio of Contracts recorded in each of such Clearing Member’s Position Account (for such purposethe avoidance of doubt, each Client Clearing Category 1 Position Accounts shall be treated separately) using an internally-built value-at-risk margin model based on simulation of historical data.

  • Pursuant to Chapter 9 of the Clearing Rules, the following accounts may be opened for a Clearing Member on the OTC Clear’s books and records: (i) one House Position Account and one or more Client Clearing Category 1 Position Accounts may be established for a Clearing Member, (ii) one House Collateral Account and one or more Client Clearing Category 1 Collateral Accounts may be established for a Clearing Member, (iii) but only one GF Account will be established for a Clearing Member.

Related to Category 1 Position

  • Category 3 means a DG facility of greater than 200 kW and not more than 1 MW.

  • Category 1 means medical education activities that have been designated as Category 1 by the Accreditation Council for Continuing Medical Education (ACCME), the American Osteopathic Association (AOA), a state medical society, or an equivalent organization.

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Category R CBBCs means a series of CBBCs where the Call Price is different from the Strike Price;

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Matched Positions for CFD trading shall mean Long and Short Positions of the same Transaction Size opened on the Client Account for the same CFD.

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.

  • Covered position means a position in which the employee must be a member of the retirement

  • Special Category Data means any personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation.

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Eligible position or "full-time job" means a full-time position

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.

  • Closed Position means the opposite of an Open Position.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Category 4 Data is data that is confidential and requires special handling due to statutes or regulations that require especially strict protection of the data and from which especially serious consequences may arise in the event of any compromise of such data. Data classified as Category 4 includes but is not limited to data protected by: the Health Insurance Portability and Accountability Act (HIPAA), Pub. L. 104-191 as amended by the Health Information Technology for Economic and Clinical Health Act of 2009 (HITECH), 45 CFR Parts 160 and 164; the Family Educational Rights and Privacy Act (FERPA), 20 U.S.C. §1232g; 34 CFR Part 99; Internal Revenue Service Publication 1075 (xxxxx://xxx.xxx.xxx/pub/irs-pdf/p1075.pdf); Substance Abuse and Mental Health Services Administration regulations on Confidentiality of Alcohol and Drug Abuse Patient Records, 42 CFR Part 2; and/or Criminal Justice Information Services, 28 CFR Part 20.

  • Qualifying position means one or more jobs with one or more participating public em-

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Clinical categories means the groups into which hospital treatments are categorised by type, e.g., brain and nervous system, kidney and bladder, and digestive system. At the time of writing there were 38 categories in the Medicare clinical categories system.

  • Ineligible position means any position which does not

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Permanent Position Any position which has required, or which will require the services of an incumbent without interruption, for an indefinite period.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Regular Position means an individual Nurse’s job defined as a percentage of full-time hours as set out in the appointment letter referred to in Article 15.

  • Comparable Position means a position where:

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.