Maximum Stock Level definition

Maximum Stock Level a coefficient, expressed as a percentage of between 0 and 100 inclusive, enabling the calculation of the Customer's Maximum Stock for one Day. The Maximum Stock Level is used to take into account the physical constraints of the Stock's minimum annual breathing. This quantity is specified in Appendix B "Physical Features of the Storage Facility".
View Source

Examples of Maximum Stock Level in a sentence

  • Daily Injection Capacity: the quantity of Gas determined each Day by multiplying the Daily Nominal Injection Capacity by the Injection Development factor for the Day in question, possibly capped at the Maximum Stock Level.

  • The quantity is determined each Day by multiplying the Storage Capacity by the Maximum Stock Level for the Day in question.

Related to Maximum Stock Level

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Maximum Stock Loan Rate As provided in Annex A to this Confirmation.

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

  • 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.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.