Stock Level definition

Stock Level quotient expressed as a percentage defined each Day, corresponding to the ratio between the Stock of the Day and the Storage Capacity. Stock Transfer Unit Rate (STUR): portion of the Price defined in article 12.2.1. Storage Capacity: the maximum quantity of Gas that the Customer can ask the Storage Facility Manager to keep in Storage on its behalf. It is equal to the total of the valid Unit Storage Capacities of the Storage Units to which the Customer subscribed under the Contract. Storage Data Declaration Service: optional service provided by the Storage Facility Manager and described in article 11.1, concerning the declaration made on the Customer’s behalf to the Agency for the Cooperation of Energy Regulators (ACER) about the Quantity of Gas that the Customer has stored at the end of each Day. Storage Facility: collection of structures, facilities and technical or information-technology systems operated by or under the responsibility of the Storage Facility Manager, including in particular the Izaute and Lussagnet underground aquifer storage facilities. Storage is connected to the Transmission Network at the Storage Transport Interface Point. Storage Facility Manager (SFM): any legal or natural person responsible for operating, maintaining and developing the Storage Facility and/or the holder of the administrative permits and/or owner of the Storage Facility and party to the Contract. Storage Facility User: any person or entity delivering natural gas to the Transport Network Manager at the Transport/Storage Interface Point or removing natural gas delivered by the Transport Network Manager at the Transport/Storage Interface Point. A Storage Facility User may be the Customer, any other customer or indeed the Transport Network Manager. Storage Unit: a unit made up, in the case of a Standard Product, of a Storage Unit Capacity, a Daily Nominal Unit Withdrawal Capacity and Daily Nominal Unit Injection Capacity. Storage Unit Capacity: the maximum quantity of Gas that the Customer can ask the Storage Facility Manager to store in Storage on the Customer's behalf, in respect of a Storage Unit for a Standard Product to which the Customer subscribes, subject to the application of the provisions of the Contract. This quantity is specified in Appendix B "Physical Features of the Storage Facility". Storage Unit Price (SUP): price specified in article 12.1 and in the Scale of Charges. Storage Unit Transfer Unit Rate (SUTUR): portion of the Price specified in article 1...
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Examples of Stock Level in a sentence

  • Minimum Stock Level for these spares is to be maintained at all times for smooth operation of the rate contract.

  • The Evolution Factor between two Stock Level figures should be determined by linear interpolation.

  • The Operator shall share the amount of the Negative Stock and Offsetting Guarantee that is available to it after being triggered, or, if applicable, the amount paid following the Operator’s injunction, among the shippers for which the Send-Out Ratio is not zero in the Month in which the Shipper's negative Shared Stock Level has no longer changed.

  • At the same time, the Shared Stock Level of the Affected Shipper shall be reduced by a quantity equivalent to the Quantity to be Offset and the Shipper's Shared Stock Level shall be increased by this same quantity.

  • Distribution between the Shippers shall take place in proportion to their Send-Out Ratio for the Month in which the Shipper's negative Shared Stock Level has no longer changed.

  • On Friday of week W-1, the Operator shall provide the Shipper with its Monthly Schedule including its new Reference Send-Outs and its new Shared Stock Level and Dedicated Stock Level.

  • Minimum Stock Level for these spares is to be maintained at all times for smooth operation of the rate Work Order/Contract.

  • On Friday of Week W-1, the Shipper allocated a Dedicated Storage Space shall send the Operator a Dedicated Stock Level movement request for each of the seven (7) Days after the Friday of Week W-1.

  • On Friday of Week W-1, the Operator shall send the Shipper a Dedicated Storage Space, a Dedicated Stock Level range for each of the seven (7) Days after the Friday of Week W-1.

  • Inadequate Stock Level: Describes when the spawning stock indicator(s) is/are below2 the threshold level.

Related to Stock Level

  • Share Level means the level of the Share as determined by the Determination Agent by reference to the level of the Share published by the Exchange.

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

  • TSR means total shareholder return.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

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

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (i) or (ii) below.

  • 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%.

  • TSR Percentile means the percentile ranking of the Company’s TSR among the TSRs for the Comparison Group members for the Performance Period. In determining the Company’s TSR Percentile for the Performance Period, in the event that the Company’s TSR for the Performance Period is equal to the TSR(s) of one or more other Comparison Group members for that same period, the Company’s TSR Percentile ranking will be determined by ranking the Company’s TSR for that period as being greater than such other Comparison Group members.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Base Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month which is 12 calendar months prior to the month for which the Substitute Index Level is being determined;

  • ROIC means the Company’s return on Invested Capital calculated as a percentage for the twelve month period ending on the last day of the Performance Period by dividing net operating profit after tax by Invested Capital. For the purposes of calculating ROIC under this Agreement, “net operating profit” shall be adjusted to exclude the impact of all restructuring, foreign exchange, impairments, legal settlements, employee separation costs, product liability charges, pension plan and SERP terminations and retroactive tax law changes to the extent such items were not contemplated and included in the Company’s 2013-2018 Strategic Plan, upon which the ROIC goals were based.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

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

  • Maximum contaminant level goal or “MCLG” means the maximum level of a contaminant in drinking water at which no known or anticipated adverse effect on the health of persons would occur, and which allows an adequate margin of safety. MCLGs are nonenforceable health goals.

  • 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 Indexat 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), allas determined by the Calculation Agent.

  • Peer Group means the group of companies, as more particularly set forth on attached Exhibit A, against which the Relative Total Shareholder Return of the Company is measured over the Incentive Period.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Partner Level means the program levels as described in detail in the applicable PartnerEdge Program Guide.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.

  • Final Share Level means the Share Level at the Valuation Time on the Valuation Date.

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

  • 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.