Tolerance Margin definition

Tolerance Margin means the volume of Petroleum specified in the Toll Schedule, less the loss allowance set forth in Section 10.7, for a Month.
Tolerance Margin means the volume of Petroleum, if any, as determined by the Carrier in its sole discretion from time to time.

Related to Tolerance Margin

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and