Rolling definition

Rolling the minimum block shall continue, so long as the employee does not complete the final call. Once the employee has completed the three (3) minimum call back, and then receives an additional call back, the employee shall be eligible for an additional minimum three (3) hours of call back pay.

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Rolling means selling a futures contract as it nears its expiration date and replacing it with a new futures contract that has a later expiration date. ProShares K-1 Free Crude Oil Strategy ETF generally selects between WTI crude oil futures contracts with the three nearest expiration dates (known as the front, second and third month contracts) based on ProShare Advisors’ analysis of the liquidity and cost of establishing and maintaining such positions. Each month, ProShares K-1 Free Crude Oil Strategy ETF generally will evaluate this strategy on or about the fifth business day of the month and may roll its position from the fifth through ninth business days into the contract month determined by the Fund’s investment strategy.

Rolling the commodity contracts means that the commodity contracts that are nearing expira- tion (the "near-dated commodity contracts") are sold before they expire and commodity con- tracts that have contract specifications identical to the near-dated commodity contract except with an expiration date further in the future (the "longer-dated commodity contracts") are bought. This would allow an actual purchaser to maintain an investment position without receiv- ing delivery of physical commodities or making or receiving a cash settlement. As Commodity Indices replicate an actual investment in commodity contracts, it takes into account the need to roll the commodity contracts included in such Commodity Index. Specifically, as a near-dated commodity contract approaches expiration, the Commodity Index is calculated as if the near- dated commodity contract is sold and the proceeds of that sale are used to purchase a longer- dated commodity contract of equivalent value in the delivery month applicable for such com- modity contract included in such Commodity Index.

Examples of Rolling in a sentence

Where there is a repeat Service Level Failure of the same Service Level within the relevant Rolling Period as set out in paragraph 6 of Schedule 3, in addition to the provisions set out in the remainder of this Clause 11, the Service Level Failure shall be raised and escalated, at the sole discretion of HSE, to either the Contract Review Board or the Executive Review Board to determine any additional measures which may be required by the Provider.
Rolling Calendar Year - For this Article, Rolling Calendar Year will mean 15 the twenty-six (26) pay periods preceding the current pay period.
Rolling shall be continued until density is obtained in all portions of each course.
Each Party shall cause its designees on the Management Board to use reasonable best efforts to obtain the required approval of the Management Board of such Rolling Budget, such Rolling Investment Budget and such Rolling Business Plan until such approval is obtained.
Where there are multiple Service Level Failures of different Service Levels with a criticality rating of “A” within the relevant Rolling Period as set out in Schedule 3 (Service Levels), in addition to the provisions set out in paragraph 6 of the remainder of this Clause 11, the occurrence of such multiple Service Level Failures shall be reported to the Contract Review Board by HSE to determine any additional measures which may be required by the Provider.

More Definitions of Rolling

Rolling means the process of passing metal stock through one or more pair of mill rollers in order to reduce the thickness of the metal sheet or slab and to make the thickness uniform, or to form a new structure.

Rolling year means that the year is counted backward from the first day of leave requested. If the employee has taken leave during the 12 months immediately preceding the request, he/she is only entitled to the remaining time available within that 12 month period.

Rolling means selling a futures contract as it nears its expiration date and replacing it with a new futures contract that has a later expiration date.

Rolling or “bumping” as outlined above means that an employee on an assignment cannot exercise his seniority to displace a junior man, except as provided in this Rule; in a reduction or reassignment of forces in which his assignment is abolished; or when displaced by a senior man in the exercise of seniority under any of the above conditions.

Rolling past due will be considered a breach of this provision);

Rolling approval given by MS will be to continue to proceed based upon the disclosure and knowledge that Metal Storm has had provided to it, up until that time.

Rolling thirteen (13)-week cash flow projection statement detailing Borrower's actual cash flow for the elapsed week (ending on the previous Friday) and Borrower's cash flow projections for the next succeeding thirteen (13) weeks (collectively, the "Cash Flow Projections"). Borrower shall meet with the Banks' Financial Advisor on a weekly basis to review the Cash Flow Projections to ensure their compliance in all material respects with the Budget.