Committed Level definition

Committed Level means the level of demand that the Customer commits not to exceed during the
Sample 1Sample 2Sample 3
Committed Level means the level of demand that the Customer commits not to exceed during the Delivery Period“Committed Level Variation” means the process whereby a Designated Customer can revise their Committed Level through the WPDRS Portal.
Sample 1Sample 2
Committed Level means the quantity of each individual Resource set out in an Order;
Sample 1

Examples of Committed Level in a sentence

  • It is the responsibility of the Designated Customer to check the WPDRS Portal regularly and to revise their Committed Level as they receive their new Monthly Baseline, or more frequently as required.

  • In particular, any possible drift in the timings of meters will not be considered as a legitimate reason for breach of Committed Level.

  • The WPDRS Portal will be the main method of communication for: Communicating the Monthly Baselines to the Designated Customers.Submitting Committed Level Variations.

  • Making payments to Suppliers.Accepting and confirming Committed Level Variations to the Designated Customer.Overseeing compliance by Suppliers and Designated Customers with Scheme and the Rules.Advise CER, Supplier and Customer if a Customer is being removed from the WPDRS.

  • COMMITTED LEVEL VARIATION Designated Customers are entitled to choose a different Committed Level for each WPDRS Business Day.

  • For a variation to Committed Level to be accepted for a WPDRS Business Day, the Committed Level Variation Form must be received by EirGrid no later than 12:00 on the WPDRS Business Day in question.

  • Customers may submit Committed Level Variations Forms for multiple WPDRS Business Days.

  • If you are classified as a Market Counterparty and unless confirmed to you, and agreed by you in writing otherwise, we may not apply the same measures applicable to other Clients as outlined in 14 (1) with regard to your Money funded with us.

  • This Committed Level variation must be notified to EirGrid by the Customer, through their Supplier using a Committed Level Variation Form.

  • Designated Customer A Designated Customer will commit to reducing their electrical demand between 17:00 and 19:00 on WPDRS Business Days in the period 8th November 2010 to 4th March 2011, to, or below, their Committed Level as indicated in their application form or their Committed Level Variation as appropriate.


More Definitions of Committed Level

Committed Level means [*] of the Customer’s requirements for the Products and items functionally equivalent to the Products.
Sample 1
Committed Level means [*] of the Customer’s requirements for the Products and items functionally equivalent to the Products. “Committed Tier” means Tier [*] on Exhibit A. “Competing Product” means any item that is functionally equivalent to a Product that is sold by a third-party supplier. “Confidential Information” has the meaning given to that term in Section II.A of Exhibit C. “Contract Fees” means Administrative Fees, services fees, or other amounts due to Broadlane or the Customers.
Sample 1

Related to Committed Level

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:

  • Eurodollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Eurocurrency Rate Reserve Percentage for any Interest Period for all Eurocurrency Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurocurrency Rate Advances is determined) having a term equal to such Interest Period.

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Committed Capital means $20,837,637.00 for 14,129,250 Class A Capital Units to be issued with respect to Members receiving Class A Capital Units in the Reorganization, and, with respect to any additional Members, the purchase price of the Capital Units subscribed for in any subsequent offering pursuant to a subscription agreement that has been accepted by the Company, regardless of whether such purchase price has been fully paid.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.