Max OBA definition

Max OBA means the maximum (absolute value) OBA Balance.
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Max OBA means the maximum (absolute value) OBA Balance as defined in Allocation 1.
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Max OBA means the maximum (absolute value) that is permitted for the OBA Balance.
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Examples of Max OBA in a sentence

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to that Shipper's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to Xxxxxxx's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.


More Definitions of Max OBA

Max OBA means the maximum level (absolute value) that the Operational Balancing Account is permitted to reach.
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Related to Max OBA

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