Amount Limitation definition

Amount Limitation. The amount of insurance in effect on the life of any Person Proposed for Insurance under all Temporary Insurance Agreements issued by The Equitable Life Assurance Society of the United States, or its other subsidiaries or affiliates, shall not exceed $1,000,000 in total. When Temporary Insurance Ends: Insurance under this Agreement will end upon the earliest of the following:
Amount Limitation shall have the meaning set forth in SECTION 6.1(b).
Amount Limitation. Covenant Reduction Date"

Examples of Amount Limitation in a sentence

  • The issuance of the Refunding Bonds will not exceed the Refunding Bond Amount Limitation.

  • We then bin the remaining pixels by a factor or 2.7 keV band from the Chandra observation, binned with 2 arcsecond pixels.

  • Avoid any speech mannerisms that are distracting to a degree that is likely to interfere with effective learning, such as stating incomplete ideas, unnecessary rambling, or mumbling.

  • However, such portion may be reduced if, within 12 months after the date Prudential receives proof that a person is Terminally Ill, an Amount Limitation would have applied to the person’s Face Amount.

  • It aims to build on the general public‟s desire to restore the river environment in the Kathmandu Valley and the Government‟s efforts to improve irrigation development and mitigate the impact of water-induced disasters in the middle and lower reaches of the Basin.

  • The principal amount of the Refunding Bonds will not exceed the Refunding Bond Amount Limitation.

  • The Temporary insurance will be in the amount applied for (subject to the Amount Limitation below) and in accordance with the terms of the policy we would issue.

  • The Company may cancel any payment of all or part of interest pursuant to the foregoing, even if no cancellation of interest is required or the amount so cancelled exceeds the amount the Company is required to cancel due to the Interest Payable Amount Limitation, as described below under Section 3.11.

  • If the Amount Limitation for this coverage applies at any time to your amount of insurance, that Limitation will also apply to the Non-medical Limit as if it were an amount of insurance.

  • He talked passionately about the work he was doing regarding Mental Health, and my hopes were lifted that progress could be made.


More Definitions of Amount Limitation

Amount Limitation means (a) $300,000,000 until the Performance Release Date (as defined below in the definition) and (b) the Total Revolving Loan Commitment after the Performance Release Date. For purposes of this definition, the "Performance Release Date" means the earliest of (i) the date when no Default or Event of Default has occurred and is continuing, that both the ratio of Funded Debt to pro forma EBITDA is 4.25 to 1.00 or less for the remaining term of the Loans as required by Section 7.11 of this Agreement and the ratio of Senior Debt to pro forma EBITDA is 2.50 to 1.00 or less for the remaining term of the Loans as required by Section 7.12 of this Agreement, (ii) the date (which must occur after the fiscal period for which the Company has delivered a certificate pursuant to Section 6.01(d) that reflects that the above mentioned ratios have been met by the Company for such fiscal period and that no Default or Event of Default has occurred and is continuing) that the Company notifies the Administrative Agent in writing that the referenced covenants have been voluntarily reduced by the Company to the levels specified in clause (i) above for the remaining term of the Loans or (iii) the date that Banks holding 51% of Revolving Loan Commitments consent in writing that the Performance Release Date has occurred.
Amount Limitation has the meaning given that term in Section 2.8.(b)(ii).
Amount Limitation has the meaning set forth in Section 5.1.
Amount Limitation has the meaning set forth in Section 7.1.

Related to Amount Limitation

  • Deduction Limitation means the following described limitation on a benefit that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise provided, this limitation shall be applied to all distributions that are “subject to the Deduction Limitation” under this Plan. If an Employer determines in good faith prior to a Change in Control that there is a reasonable likelihood that any compensation paid to a Participant for a taxable year of the Employer would not be deductible by the Employer solely by reason of the limitation under Code Section 162(m), then to the extent deemed necessary by the Employer to ensure that the entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in Control is deductible, the Employer may defer all or any portion of a distribution under this Plan. Any amounts deferred pursuant to this limitation shall continue to be credited/debited with additional amounts in accordance with Section 3.8, even if such amount is being paid out in installments. The amounts so deferred and amounts credited thereon shall be distributed to the Participant or the Participant’s Beneficiary (in the event of the Participant’s death) at the earliest possible date, as determined by the Employer in good faith, on which the deductibility of compensation paid or payable to the Participant for the taxable year of the Employer during which the distribution is made will not be limited by Section 162(m). Notwithstanding the foregoing, the Committee shall interpret this Section in a manner that is consistent with Code Section 409A and the regulations thereunder, including without limitation guidance issued in connection with that Section.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance 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.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Maximum Stock Loan Rate As provided in Annex A to this Confirmation.

  • Amount Available means, with respect to any Distribution Date, the sum of (a) the amount of Collections with respect to the related Collection Period, plus (b) any investment income earned on amounts on deposit in the Collection Account since the immediately prior Distribution Date (or since the Effective Date in the case of the first Distribution Date).

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Original Class B-2 Percentage The Class B-2 Percentage as of the Cut-Off Date, as set forth in Section 11.09.

  • Notional Principal Amount For calculating interest payments, on each Class of outstanding Interest Only MAC Notes as of any Payment Date, an amount equal to the outstanding Class Principal Balance as of such Payment Date of the portion of the related Class of Class M Notes that was exchanged for such Interest Only MAC Note.

  • Maximum Loan Rate With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Original Class B-1 Percentage The Class B-1 Percentage as of the Cut-Off Date, as set forth in Section 11.08.

  • Class Notional Amount Not applicable.

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Original Class B-4 Percentage The Class B-4 Percentage as of the Cut-Off Date, as set forth in Section 11.11.