Applicable Limitations definition
Examples of Applicable Limitations in a sentence
Seller shall not be liable for indemnity under ---------- Section 10.1 unless the aggregate amount of Indemnifiable Costs incurred by the Indemnified Parties exceeds the sum of one hundred thousand dollars ($100,000) (the "Deductible") prior to the expiration of the Applicable Limitations Period, hereinafter defined.
Flip-In: If an acquirer (an “Acquiring Person”) obtains 15% or more of the Company’s Common Stock (or with respect to ▇▇▇▇▇, ▇▇▇▇▇ fails to comply with the Applicable Limitations), then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of the Company’s Common Stock having a then-current market value of twice the Exercise Price.
The initial Principal Amount of the Secured Note relating to the Advance, when added to the aggregate Principal Amount of all issued and outstanding Secured Notes, shall not exceed either (i) the Commitment Amount, or (ii) the Borrowing Base, and the Loans to be purchased with the proceeds of such Advance shall not, when aggregated with all other Pledged Loans, cause any of the Applicable Limitations to be exceeded.
A Participant will be entitled to credits under the Plan to the extent that the Participant's elective deferrals exceed the Applicable Limitations under the Associate Savings Plan.
Any amounts which cannot be credited to the Participants accounts under the Associate Savings Plan because of Applicable Limitations shall be credited to his or her Account maintained pursuant to Section 5.1.