Maximum Threshold Sample Clauses
The Maximum Threshold clause sets an upper limit on a particular obligation, liability, or amount within a contract. For example, it may cap the total damages a party can be required to pay, or restrict the maximum quantity of goods to be delivered under the agreement. By establishing a clear ceiling, this clause protects parties from excessive exposure and provides predictability, ensuring that neither side faces unlimited or unforeseen risks.
Maximum Threshold. 150% of the product of Executive’s Personal Factor multiplied by Executive’s Annual Base Salary. The performance goals applicable to the Annual Bonus shall be based on EBITDA and determined by the Board of Directors of the Company (the “Board”) or a committee thereof in consultation with the CEO. If the Company has adopted a stretch bonus pool for the applicable fiscal year (the “Stretch Pool”) and performance exceeds the maximum threshold, 10% of the excess EBITDA shall be allocated to an executive bonus plan to be allocated by the CEO, provided that if Executive participates in the Stretch Pool, Executive’s allocations shall be subject to the approval of the Committee, in consultation with Executive. In no event shall Executive’s Annual Bonus be paid after March 15 of the year following the year in which it was earned.
Maximum Threshold. Each Seller's indemnification obligations for breach of representations or warranties under this Section 8 and Seller's indemnification obligations for breach of any covenant contained herein, shall not exceed the full Purchase Price received by each such Seller hereunder, provided however, each Seller's indemnification obligation shall not be limited to the Purchase Price received by such Seller in the event of a Seller's breach of representations provided relating to Section 3 or in the event of Seller's fraud, intentional misrepresentation, gross negligence (as defined under applicable New York case law) or willful misconduct.
Maximum Threshold. Notwithstanding any other provisions of this Agreement, under no circumstances shall the Shareholder and/or its Affiliates acquire or Beneficially Own in excess of 20% of the then issued and outstanding equity securities of Lukoil.
Maximum Threshold. 150% of the Annual Base Salary. The performance goals applicable to the Annual Bonus shall be based on EBITDA and determined by the Committee in consultation with Executive. If performance exceeds the maximum threshold, 10% of the excess EBITDA shall be allocated to an executive bonus plan to be allocated by Executive (the “Stretch Pool”), provided that if Executive participates in the Stretch Pool, Executive’s allocations shall be subject to the approval of the Committee, in consultation with Executive. In no event shall Executive’s Annual Bonus be paid after March 15 of the year following the year in which it was earned.
Maximum Threshold. An Upgrade or Expansion of the Facility may not increase the Nameplate Capacity or Contract Capacity of the Facility above 10 MW.