Aggregate Annual Cap Amount definition

Aggregate Annual Cap Amount shall have the same meaning as ascribed to it under the paragraph “Aggregate Annual Cap Amount” in this announcement “Board” board of directors of the Company
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Aggregate Annual Cap Amount has the meaning as defined in the paragraph “Details of the Master Tenancy Agreement” of this announcement
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Aggregate Annual Cap Amount shall have the same meaning as ascribed to it under the paragraph “Renewal Master Concession Agreement” in this announcement “Board” board of directors of the Company
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Examples of Aggregate Annual Cap Amount in a sentence

  • The directors, including independent non-executive directors, of the Company are of the view that the terms (including the Aggregate Annual Cap Amount) of the Renewal Master Agreement and the relevant transactions thereunder are on normal commercial terms with reference to the prevailing market conditions, are fair and reasonable, and are in the interests of the Company and its shareholders as a whole.

  • Since one or more of the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the Aggregate Annual Cap Amount is/are greater than the 0.1% threshold under Rule 14A.33(3), while all such ratios are below the 5% threshold under Rule 14A.34 of the Listing Rules, the Transactions are exempt from the independent shareholders’ approval requirement under Rule 14A.34, but are subject to requirements regarding announcement and reporting etc.

  • In the event that for any financial year during the term of the Renewal Master Agreement, the aggregate amount of rental and/or turnover commission payable by the Group under all Individual Agreements would exceed the Aggregate Annual Cap Amount, Wisdom Gateway agrees to, or will procure any of its relevant subsidiaries to agree to, unconditionally waive any such rental and/or turnover commission to the extent and so that such aggregate amount shall remain within the Aggregate Annual Cap Amount.

  • Aggregate Annual Cap Amount : For each of the three financial years of the Company ending 31 March 2016, 2017 and 2018, the aggregate annual amount payable by the WGL Group’s Concessionaires to the Eligible Head Tenants in relation to concession arrangements in Eligible Premises will be capped at HK$36.0 million.

  • Going forward, no further announcement will be issued by the Company on each occasion any member of the Group enters into Individual Agreement(s) with any subsidiary of Wisdom Gateway in future, subject to the fulfillment of the conditions stipulated in the Master Agreement as Revised, particularly the Aggregate Annual Cap Amount as revised not being exceeded.

  • Going forward, during the renewal term as set out in the Renewal Master Concession Agreement, no further announcement will be issued by the Company during the Term on each occasion any Eligible Head Tenant(s) and any WGL Group’s Concessionaire(s) enter into any Individual Concession Agreement(s), subject to fulfillment of the terms and/or conditions stipulated in the Renewal Master Concession Agreement and as mentioned above, particularly the relevant Aggregate Annual Cap Amount not being exceeded.

  • The Aggregate Annual Cap Amount represents the estimated maximum possible aggregate annual rental and/or turnover commission amounts payable by the WGL Group’s Concessionaires to the Eligible Head Tenants, with reference to (i) the historic rental records in respect of the concession arrangements under the Existing Master Concession Agreement, projected on the basis of the current economic sentiment; and (ii) anticipated economic conditions in the next several years; plus a suitable cushion.

  • The directors, including independent non-executive directors, of the Company are of the view that the Transactions are on normal commercial terms with reference to the prevailing market conditions, and believe that the terms of the Supplemental Agreement (including the Aggregate Annual Cap Amount as revised) and of the Tenancy Agreement (including the annual rent payable thereunder) are fair and reasonable, and are in the interests of the Company and its shareholders as a whole.

  • The purpose of the Master Tenancy Agreement is, among others, to regulate, for the said three- year period, the maximum Aggregate Annual Cap Amount that will be payable by the Eligible Tenants to the Eligible Landlords under all Tenancy Agreements in relation to leasing of the Eligible Premises.

  • Since certain of the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the Aggregate Annual Cap Amount are greater than the 0.1% threshold under Rule 14A.76(1)(a) of the Listing Rules, while all such ratios are below the 5% threshold under Rule 14A.76(2)(a) of the Listing Rules, the Transactions are exempt from, inter alia, independent shareholders’ approval requirement, but are subject to requirements regarding announcement and reporting etc.


More Definitions of Aggregate Annual Cap Amount

Aggregate Annual Cap Amount has the meaning as defined in the paragraph “Aggregate Annual Cap Amount” of this announcement “Company” Xxxxx Boutique Holdings Limited, a company incorporated in Bermuda with limited liability, the shares of which are listed on the Stock Exchange
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Related to Aggregate Annual Cap Amount

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Aggregate Excess Funding Amount has the meaning specified in Section 2.2(c)(iv).

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Allocation Amount means, as of the Closing Date, the Series 2017-2 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-2 Stated Principal Amount resulting from the issuance of additional Series 2017-2 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).

  • Cap Amount shall have the meaning set forth in Section 2.3.10.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.