Principal capacity definition

Principal capacity means all other instances of dealing on own account as defined in Article 4(1)(6) that do not fall under the definition of matched principal according to Article 4(38) of Directive 2014/65/EU.
Principal capacity means all other instances dealing on own account

Examples of Principal capacity in a sentence

  • This section applies to all single service bookings that you make with us (e.g. a challenge that lasts less than 24 hours or does not include overnight accommodation) when we are acting in a Principal capacity.

Related to Principal capacity

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition.

  • technical capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if-it can be shown that this amount of usage would normally be expected for the type of facility involved.