Minimum Allocation definition

Minimum Allocation means the minimum level of Open Stock Petroleum Product inventory required in order for an Inventory Owner to maintain active withdrawal privileges at Carrier's terminal facilities.
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Minimum Allocation means the allocation described in the first sentence of Section 12.3(a).
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Minimum Allocation means the allocation described in the first sentence of Section 13.3(a).
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Examples of Minimum Allocation in a sentence

  • The Minimum Allocation is determined without regard to any Social Security contribution.

  • The number of shares of Class B Stock allocated to a Member’s Activity Stock Account at any time shall ensure that, for each type of Mission Asset Activity, the ratio of the par value of the Member’s Activity Stock to that type of Member’s Mission Asset Activity is at least as large as its applicable Minimum Allocation Percentage, and no larger than its applicable Maximum Allocation Percentage.

  • If a Member is at the Minimum Allocation Percentage for a type of Mission Asset Activity and desires to increase that type of Mission Asset Activity and is not at the applicable Minimum Allocation Percentage for the other type(s) of Mission Asset Activity, the Member’s Activity Stock will be reallocated from the other type(s) of Mission Asset Activity to the respective Minimum Allocation Percentage(s).

  • Each Member must at all times retain in its own Activity Stock Account a number of shares of Class B Stock sufficient to satisfy the Minimum Allocation Percentages for each type of Mission Asset Activity then engaged in by the Member.

  • Deferral Contributions made on behalf of Participants who are not Key Employees will not be treated as Participating Employer contributions for purposes of the Minimum Allocation.


More Definitions of Minimum Allocation

Minimum Allocation means 67% of the New Common Unit that is issued pursuant to the Offering.
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Minimum Allocation means the Minimum Allocation described in Section 9.3.
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Minimum Allocation means a minimum annual amount for which each STF Agency will be eligible, composed of the Formula Allocation moneys plus moneys from the Discretionary Account sufficient to equal the Minimum Allocation.
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Minimum Allocation means the allocation described in the first sentence of Appendix C.4(a).
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Minimum Allocation means the allocation described in the first sentence of subsection 13.3.1.
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Minimum Allocation means the Minimum Allocation identified on the Specifications Pages, which is the minimum amount that You are permitted to allocate to any Strategy. Minimum Contract Value means the Minimum Contract Value identified on the Specifications Pages, which is the minimum amount of Contract Value We will permit for this contract.
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Minimum Allocation means the minimum level of Open Stock Petroleum Product inventory required in order for an Inventory Owner to maintain active withdrawal privileges at Carrier's terminal facilities. "Open Stock Petroleum Product" means the commodity grades of Petroleum Products, as defined by Item 20, that the Carrier transports under Open Stock Status. "Open Stock Status" means that a Shipper may withdraw at a Carrier Destination the same quantity of the Petroleum Product which Carrier is receiving at a Carrier Origin from Shipper on the same day if both Shipper's and Carrier's inventories are sufficient as stated in Item 75. "Origin" means the facility of Carrier at which Carrier receives Petroleum Products into Carrier's pipeline. "Origin Release" means the written commitment of a Consignor to schedule a batch of Petroleum Products into Carrier's facilities. "Petroleum Products" means the commodities more specifically defined in Item 20 and meeting the specifications referenced in Item 25. "Shipment Request" represents a commitment by an established Shipper to receive Petroleum Product from an Origin point into the Carrier's system. "Shipper" means the party who contracts with the Carrier for transportation and/or terminaling of Petroleum Products pursuant to the terms of this tariff. "Tender" means an offer by a Shipper to a Carrier of a stated quantity of Petroleum Products from a specified Origin or Origins to a specified Destination or Destinations pursuant to the terms of this tariff. "Transit Time" means the time a shipment would take to move from Origin to Destination. SECTION NO. 1 - GENERAL RULES AND REGULATIONS (continued) TARIFF REISSUE AND SUPPLEMENTATION
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