Minimum Financial Resources definition

Minimum Financial Resources means the minimum financial resources required by the Borrower under Principle 5 of the Codes;

Examples of Minimum Financial Resources in a sentence

  • Where the Trading Participant is unable to comply with the Minimum Financial Resources Requirements as stipulated above, the Trading Participant shall immediately notify the Exchange and indicate the steps taken by the Trading Participant to comply with such Minimum Financial Resources Requirements.

  • Rule 604.3 A Trading Participant who fails to comply with the Minimum Financial Resources Requirements contained in Rule 602 shall forthwith notify the Exchange of the same and the Exchange may thereupon take action as it deems fit.

  • Rule 602 Minimum Financial Resources Requirements Rule 602.1Subject to Rule 602.1A, each Trading Participant shall at all times, maintain as Adjusted Net Capital of: (a) RM500,000; or (b) 10% of aggregate Margins required; whichever is the higher.It is the responsibility of the Trading Participant to be in compliance with the Minimum Financial Resources Requirements, as stipulated above and must demonstrate such compliance to the satisfaction of the Exchange.

  • To allow MAS and SGX to identify, at an early stage, members that may be susceptible to non-compliance with the Minimum Financial Resources Requirement, a member will be required to notify MAS and SGX if its Financial Resources falls below a prescribed Early Warning threshold.

  • Financial Capacity Proof of Minimum Financial Resources to implement this project, a minimum ofR 100 000 = 10 points 10Evidence of own Company funding (e.g. bank statement)OrEvidence of credit facility with a Registered FinancialInstitutionOrEvidence of access to any legal funding instrument (e.g. Letter ofintent) 3.

  • This will be known as the Minimum Financial Resources Requirement.

  • A member will be permitted to meet up to 50% of its Minimum Financial Resources Requirement by providing SGX or its clearing house with qualifying letters of credit.

  • Rule 602 Minimum Financial Resources Requirements Rule 602.1 Subject to Rule 602.1A, each Trading Participant shall at all times, maintain as Adjusted Net Capital of: (a) RM500,000; or (b) 10% of aggregate Margins required; whichever is the higher.

  • It is the responsibility of the Trading Participant to be in compliance with the Minimum Financial Resources Requirements, as stipulated above and must demonstrate such compliance to the satisfaction of the Exchange.

  • Specifically, as proposed, the Segregation Mandate would fail to implement the following protections for clearing members of leveraged disintermediated DCOs that current rules provide for customers of FCMs under the traditional model21: • No Minimum Financial Resources to Protect Proprietary Funds.

Related to Minimum Financial Resources

  • Annual Resource means a Generation Capacity Resource, an Annual Energy Efficiency Resource or an Annual Demand Resource.

  • Natural resources means land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • Annual Resource Price Adder means, for Delivery Years starting June 1, 2014 and ending May 31, 2017, an addition to the marginal value of Unforced Capacity and the Extended Summer Resource Price Adder as necessary to reflect the price of Annual Resources required to meet the applicable Minimum Annual Resource Requirement. Annual Revenue Rate:

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Cultural resources means archaeological and historic sites and artifacts, and traditional religious, ceremonial and social uses and activities of affected Indian tribes.

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Public resources means water, fish, and wildlife and in addition means capital improvements of the state or its political subdivisions.

  • Individual Resource Status: Single Dwelling Contributing 1 Total: 1 T Street 2317 T Street 127-0814-0591 Primary Resource Information: Single Dwelling, Stories 1.00, Style: Queen Anne, ca 1895 February 2007: This Queen Anne style house has wood shingles on a wood frame. The foundation is not visible. There is a 1 story 3 bay porch with square wooden posts. The windows are 1/1 double hung wood. The roof is a false mansard with variegated shingles. 2313 T Street, 2315 T Street, 2317 T Street, and 2319 T Street comprise a series of houses built on the same design, nearly identical to those found around the corner in the 1300 block of 24th Street. The design is two bays, one story, frame, with a false mansard roof. All four retain original Queen Anne style lathe-turned porch posts. All but 2313 have original wood sash 1/1 windows, while 2313 has vinyl replacements. 2319 has Inselstone siding, and 2313 has aluminum siding, while the two center houses (2315 and 2317) appear to have recently been restored to their original wood siding, which is double covelap. The original pressed metal shingles are still in place in the false mansard of 2319, while the mansard at 2313 has siding over the mansard; the two houses in between (2315 and 2317) have some kind of slate or wood shingle that has been painted in the mansards.

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Renewable Energy Standard means the minimum renewable energy capacity portfolio, if applicable, and the renewable energy credit portfolio required to be achieved under section 28 or former section 27.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • Energy Star means the U.S. EPA’s energy efficiency product labeling program.

  • Limited Demand Resource Reliability Target for the PJM Region or an LDA, shall mean the maximum amount of Limited Demand Resources determined by PJM to be consistent with the maintenance of reliability, stated in Unforced Capacity that shall be used to calculate the Minimum Extended Summer Demand Resource Requirement for Delivery Years through May 31, 2017 and the Limited Resource Constraint for the 2017/2018 and 2018/2019 Delivery Years for the PJM Region or such LDA. As more fully set forth in the PJM Manuals, PJM calculates the Limited Demand Resource Reliability Target by first: i) testing the effects of the ten- interruption requirement by comparing possible loads on peak days under a range of weather conditions (from the daily load forecast distributions for the Delivery Year in question) against possible generation capacity on such days under a range of conditions (using the cumulative capacity distributions employed in the Installed Reserve Margin study for the PJM Region and in the Capacity Emergency Transfer Objective study for the relevant LDAs for such Delivery Year) and, by varying the assumed amounts of DR that is committed and displaces committed generation, determines the DR penetration level at which there is a ninety percent probability that DR will not be called (based on the applicable operating reserve margin for the PJM Region and for the relevant LDAs) more than ten times over those peak days; ii) testing the six-hour duration requirement by calculating the MW difference between the highest hourly unrestricted peak load and seventh highest hourly unrestricted peak load on certain high peak load days (e.g., the annual peak, loads above the weather normalized peak, or days where load management was called) in recent years, then dividing those loads by the forecast peak for those years and averaging the result; and (iii) (for the 2016/2017 and 2017/2018 Delivery Years) testing the effects of the six-hour duration requirement by comparing possible hourly loads on peak days under a range of weather conditions (from the daily load forecast distributions for the Delivery Year in question) against possible generation capacity on such days under a range of conditions (using a Monte Carlo model of hourly capacity levels that is consistent with the capacity model employed in the Installed Reserve Margin study for the PJM Region and in the Capacity Emergency Transfer Objective study for the relevant LDAs for such Delivery Year) and, by varying the assumed amounts of DR that is committed and displaces committed generation, determines the DR penetration level at which there is a ninety percent probability that DR will not be called (based on the applicable operating reserve margin for the PJM Region and for the relevant LDAs) for more than six hours over any one or more of the tested peak days. Second, PJM adopts the lowest result from these three tests as the Limited Demand Resource Reliability Target. The Limited Demand Resource Reliability Target shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the DR Factor] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Electric Reliability Organization or “ERO” means the organization that is certified by the Commission under Section 39.3 of its regulations, the purpose of which is to establish and enforce Reliability Standards for the Bulk Power System in the United States, subject to Commission review. The organization may also have received recognition by Applicable Governmental Authorities in Canada and Mexico to establish and enforce Reliability Standards for the Bulk Power Systems of the respective countries.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Geothermal resources shall collectively mean the matter, substances and resources defined in subparagraph 16(a) and 16(b) that are not subject to this Lease but are located on adjacent land or lands in reasonable proximity thereto;