Risk limit definition

Risk limit means a condition or requirement in a permit or permit addendum that serves to limit the risk from a source or part of a source. Such conditions or requirements may include, but are not restricted to, limits on risk from the source or part of a source, limits on emissions of one or more toxic air contaminants, limits on emissions from one or more TEUs, or limits on source operation.A Source Risk Limit established under OAR 340-245-0110 is a risk limit.
Risk limit means the largest statistical probability that an incorrect reported tabulation outcome is not detected and corrected in a risk-limiting audit.
Risk limit has the meaning ascribed thereto in Section 8 in this Schedule “C”; …

Examples of Risk limit in a sentence

  • Builder’s Risk limit of liability shall be equal to the amount of the contract.

  • The sustainability of technical aspects is high, as seen in the case of technologies mastered by participating organizations and agencies under the project.

  • Where there is insufficient Fund performance the calculation is based on either the historical volatility of a relevant benchmark for the investment strategy or the manager's Value at Risk limit for the Fund.

  • Unless the court orders otherwise, a sealed document will be unsealed sixty days after final disposition of the case.

  • Large commercial accounts which pose a High Credit Risk or have been disconnected for non-payment and whose average two month billing exceeds the High Credit Risk limit may be charged additional deposit not to exceed an estimated two months average billing.


More Definitions of Risk limit

Risk limit means the largest statistical probabili- ty that an incorrect reported tabulation outcome is not detected in a risk-limiting audit.
Risk limit means any of EGD Short Position, EGD Long Position, Gas Hedge, Natural Gas Basis Position or Power Average Daily Peak Contractual Load, in each case as such terms are defined in Section 3 of the “Wholesale Risk Control Policy” set forth in Exhibit E2 comprising part of the Risk Management Policy.
Risk limit means the largest statistical probability that an incorrect reported tabulation outcome is not detected ((and correc- ted)) in a risk-limiting audit.
Risk limit means the largest probability that the risk-limiting audit will fail to correct an election outcome that differs from the outcome that would be found by a full manual tabulation of the votes on all ballots cast in the contested race.
Risk limit means (a) for ERCOT, any of the limits specified in GEP Conversion, Gas & Power Xxxxxx, Natural Gas Basis Position or Power Average Daily Peak Contractual Load, in each case as such terms are defined in Section VII (ERCOT) of the Risk Management Policy, and (b) for PJM, any of the Hedge Limits specified in Section VIII (PJM & Illinois Retail Hedge) of the Risk Management Policy
Risk limit means the largest statistical probability that an, if a reported tabulation outcome is incorrect, that incorrect reported tabulation outcome is not detected and corrected in a risk-limiting audit.
Risk limit means a condition or requirement in a permit that serves to limit the risk from a facility. Such conditions or requirements may include limits on risk from a facility or part of a facility, limits on emissions of one or more toxic air contaminants, limits on emissions from one or more units within a facility, or limits on facility operation.