bunding definition

bunding means an upraised area surrounding the floor of a warehouse to contain any spillages and washings from pesticides or toxic substances and from cleaning water of the pesticides and toxic substances;
bunding means an embankment or wall which forms part or all of the perimeter of a compound, and includes the floor, sufficiently impervious to retain spillage or leakage of the material being stored, pending recovery.

Related to bunding

  • Bund Rate means, with respect to any relevant date, the rate per annum equal to the equivalent yield to maturity as of such date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date, where:

  • Reference German Bund Dealer Quotations means, with respect to each Reference German Bund Dealer and any relevant date, the average as determined by the Issuer of the bid and offered prices for the Comparable German Bund Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Issuer by such Reference German Bund Dealer at 3:30 p.m. Frankfurt, Germany time on the third Business Day preceding the relevant date.

  • Discount Net Mortgage Rate As defined in the Series Supplement.

  • Weighted Average Life As of any date of determination with respect to all Collateral Obligations other than Defaulted Obligations, the number of years following such date obtained by summing the products obtained by multiplying:

  • Reference German Bund Dealer means any dealer of German Bundesanleihe securities appointed by the Issuer in good faith; and