Order characteristics Sample Clauses

Order characteristics. (a) Where Trading System functionality and the Product Specification for a Product allow, a Trading Participant will be able to specify characteristics of Orders.
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Order characteristics. (a) An Implied Order is not valid and will not be displayed if it would otherwise result in an Implied Order that is inconsistent with the characteristics of any Order. For example, an Implied Order will be invalid if the application of clause 13.6.3 would result in a Quantity for an Implied Order that is less than the Quantity for an Order used to calculate the Implied Order and partial acceptance of that Order is not permitted.
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Order characteristics. Where Trading System functionality and the Product Specification for a Product allow, a Trading Participant will be able to specify characteristics of Orders. Characteristics of Orders comprise the following: where the Order permits partial acceptance, the minimum Transaction Quantity for Transactions formed as a result of partial acceptance, which, unless otherwise specified in the Product Specification, is taken to be one Parcel Size; the expiry time for the Order, being the time at which the Order is to be withdrawn or cancelled automatically, expressed either in terms of a number of Gas Days, or the time during a Gas Day when the Order expires; whether the total Order Quantity is to be displayed at the same time, or whether part of the Order Quantity is to be withheld from display until the part which is displayed has been accepted; and the increments in which the Order Quantity should be displayed (each at least equal to the Parcel Size for the Product). An Order that does not permit partial acceptance may be accepted only in its entirety. An Order is open when it has been submitted and has neither been cancelled nor accepted in full. Unless otherwise specified in the relevant Product Specification, an open Order will be withdrawn automatically at the end of each trading day after 5:00pm. An Order will expire (and will be withdrawn or cancelled automatically) at the close of the Trading Window for the Product to which the Order relates or at any earlier expiry time specified in the Order.
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Order characteristics. An Implied Order is not valid and will not be displayed if it would otherwise result in an Implied Order that is inconsistent with the characteristics of any Order. For example, an Implied Order will be invalid if the application of clause 13.6.3 would result in a Quantity for an Implied Order that is less than the Quantity for an Order used to calculate the Implied Order and partial acceptance of that Order is not permitted. Subject to clause 13.6.4(a), each Implied Order will be taken to have the same characteristics (such as partial acceptance) as the Orders used to calculate the Implied Order. If the order characteristics are inconsistent and cannot be reconciled (for example, by selecting the higher of two minimum values), then the Implied Order is not valid and will not be displayed. Product Limits A Trading Participant must not submit a corresponding Order for an Implied Order that breaches any applicable Product Limit. If a Trading Participant becomes aware, or is of the opinion, that a Transaction has been formed from an Implied Order that breaches any applicable Product Limit, the Trading Participant must notify the Operator as soon as reasonably practicable. If a Transaction is formed as a result of the acceptance an Implied Order that breaches any applicable Product Limit, that Transaction and the related Transaction are void. Trading Participants will be notified by means of the Trading System as soon as reasonably practicable where the Operator becomes aware that a Transaction has been formed from an Implied Order that breaches any applicable Product Limit. Forming Transactions where there are Implied Orders In this agreement: a reference to an “originating” Order for a Base Product, Premium Product or Spread Product is a reference to each of the Orders for that Product used to calculate the Implied Order; an Order is taken to “correspond” with an Implied Order as follows: the Implied Order is in the form of a Bid and the Order is an Offer or the Implied Order is in the form of an Offer and the Order is a Bid; and
Sample 1

Related to Order characteristics

  • Characteristics The Initial Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Initial Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Initial Contract with the latest maturity is due not later than June 2014. Approximately 77.89% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 22.11% is attributable to loans for purchases of used Motorcycles. No Initial Contract was originated after the Initial Cutoff Date. No Initial Contract has a Contract Rate less than 3.989%. The last scheduled payment date of the Contracts (including any Subsequent Contracts) is due not later than September 2014. Approximately 98.98% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Harley-Davidson or Buell and approximately 1.02% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

  • Technical Characteristics The Participating Generator has provided to the CAISO in Schedule 1 the required information regarding the capacity and operating characteristics of each of the Generating Units listed in that schedule. Pursuant to Sections 8.9 and 8.10 of the CAISO Tariff, the CAISO may verify, inspect and test the capacity and operating characteristics provided in Schedule 1.

  • Additional Service Characteristics 3.12 The technical specification of the Bitstream 2a Service is set out in Appendix B.

  • Characteristics of the level (a) A person employed as a Social and community services employee level 6 will operate under limited direction from senior employees or management and undertake a range of functions for which operational policies, practices and guidelines may need to be developed.

  • ODUF Physical File Characteristics 6.2.1 ODUF will be distributed to Image Access via Secure File Transfer Protocol (FTP). The ODUF feed will be a variable block format. The data on the ODUF feed will be in a non-compacted EMI format (one hundred seventy-five (175) byte format plus modules). It will be created on a daily basis Monday through Friday except holidays. Details such as dataset name and delivery schedule will be addressed during negotiations of the distribution medium. There will be a maximum of one (1) dataset per workday per OCN. If BellSouth determines the Secure FTP Mailbox is nearing capacity levels, BellSouth may move the customer to CONNECT:Direct file delivery.

  • Physical File Characteristics 6.2.1 The Optional Daily Usage File will be distributed to <<customer_name>> via an agreed medium with CONNECT:Direct being the preferred transport method. The Daily Usage Feed will be a variable block format (2476) with an LRECL of 2472. The data on the Daily Usage Feed will be in a non-compacted EMI format (175 byte format plus modules). It will be created on a daily basis (Monday through Friday except holidays). Details such as dataset name and delivery schedule will be addressed during negotiations of the distribution medium. There will be a maximum of one dataset per workday per OCN.

  • CHARACTERISTICS OF THE ACADEMY 10) The characteristics of the Academy set down in Section 1(6) of the Academies Act 2010, are that:

  • REVIEW OF THE FRAMEWORK PRICES LOTS 1 – 10

  • Order Types As defined in FAR Part 16, Type of Contracts, all types of Fixed-Price, Cost-Reimbursement, Incentive, Time-and-Materials (T&M), and Labor-Hour (L-H) are permissible for Orders under the Basic Contract. In addition, the Award Term Incentive may be used for Orders under the Basic Contract. Indefinite Delivery, Indefinite Quantity, Blanket Purchase Agreements, and Letter Contracts are not permissible Order types under the Basic Contract. Orders may be multi-year and/or include options as defined in FAR Part 17 and agency-specific FAR Part 17 supplements.

  • Personal Characteristics A. Dependability/Attendance E. Adapts readily to new situations, demands and emergencies.

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