Day Factor definition

Day Factor means a multiplier, as determined by CROPEX and notified to Members, representing a given number of days' coverage applying to the daily collateral calculation.
Day Factor means a multiplier, as determined by Nord Pool from time to time and notified to Clearing Members via its website, representing a given number of days’ coverage applying to the Daily Margin Calculation.
Day Factor means a multiplier, as determined by Nord Pool, representing a given number of days’ coverage applying to the Daily Margin Calculation;

Examples of Day Factor in a sentence

  • Per Day Assessment = (Per Day Factor) x (Statutory Maximum Liability) Per Day Assessment = (0.35) x ($10,000) = $3,500 Three additional factors are considered and can modify the amount of initial liability: Culpability; Cleanup and Cooperation; and History of Violations.

  • Table 2 of the Enforcement Policy is used to determine a Per Day Factor for the alleged violation.

  • The Per Day Factor utilizing a Moderate Potential for Harm and Major Deviation from Requirement is 0.55 (see Table 3 on page 16 of the 2017 Enforcement Policy).

  • The per day assessment is then determined by multiplying the Per Day Factor by the maximum per day amount allowed under the Water Code and number of days the violation occurred.

  • The Per Day Factor utilizing a moderate Potential for Harm and major Deviation from Requirement ranges from 0.4-0.7. The mid-range Per Day Factor of 0.55 has been selected.‌‌‌‌‌‌ Initial Liability: $10,000/day X 2 days X 0.55 = $11,000.

  • Step 3 Per Day Assessments for Non-Discharge Violations Potential for Harm – Moderate Deviation from Requirement – Major Per Day Factor for Non- Discharge Violation – 0.55 Initial Liability Amount – $206,250 The per day assessment for non-discharge violations considers potential for harm and the extent of deviation from applicable requirements.

  • Using Table 3 in the Enforcement Policy, the Per Day Factor of 0.55 is assigned.

  • The Prosecution Team determined that the Per Gallon Factor from Table 1 and the Per Day Factor from Table 2 of the Enforcement Policy are 0.15.

  • The Per Day Factor utilizing a minor Potential for Harm and major Deviation from Requirement ranges from 0.3-0.4. The mid-range Per Factor of 0.35 has been selected.

  • The Per Day Factor utilizing a moderate Potential for Harm and major Deviation from Requirement ranges from 0.4-0.7. The mid-range Per Day Factor of 0.55 has been selected.


More Definitions of Day Factor

Day Factor means a multiplier, as determined by CROPEX from time to time and notified to Members, representing a given number of days’ coverage applying to the daily collateral calculation.