Base limit definition

Base limit means the amount of actual payments of local revenues for fiscal year 1979-1980 as used to determine the expenditure limitation pursuant to subsection (1) of this section.
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Examples of Base limit in a sentence

  • The type of vehicle provided is to have a FBT Base limit not greater than $71,000 (indexed annually based on CPI: All Groups – National Jan - Dec), and a Life Cycle Ownership Cost limit not greater than $103,000 (indexed annually based on CPI: All Groups – National Jan - Dec).

  • Facility “B” consists of the following sublimits: · A $15,000,000.00 Revolving Line of Credit sublimit for working capital financing but in no event greater than $15,000,000.00 or the Borrowing Base limit whichever amount is lower.

  • If the outstanding principal balance under the Line of Credit, including any Letters of Credit issued pursuant to this Agreement, shall at any time exceed the maximum Borrowing Base amount, Borrower shall, within five (5) business days reduce the outstanding principal balance on the Line of Credit to an amount not greater than the Borrowing Base limit.

  • The portion of the Borrowing Base attributable to all Approved Financing (Non-Eligible Deferred Amortization Notes) other than the Existing Forward Sold Asset, shall not exceed $50,000,000 in the aggregate; provided that the Borrowing Base attributable to any such Approved Financing (Non-Eligible Deferred Amortization Notes) that satisfies the Approved Commitment Conditions shall not count towards such $50,000,000 Borrowing Base limit.

  • Notwithstanding any other provision to the contrary contained in this Agreement or any other Loan Document, all Loans hereunder shall be Conforming Loans subject to the Conforming Borrowing Base limit, unless the provisions of this Section 2.01(d) apply.

  • The type of vehicle provided is to have a FBT Base limit not greater than $71,000 (indexed annually based on CPI: All Groups – National Jan ‐ Dec), and a Life Cycle Ownership Cost limit not greater than $103,000 (indexed annually based on CPI: All Groups – National Jan ‐ Dec).

  • From time to time the Company may borrower funds under either Facility 1 or Facility 2 or both in excess of the amount that would otherwise be available but for the Borrowing Base limit under Section 4.1 above (an "Over-Advance Condition"), up to a maximum of $1,000,000, but in any event not in excess of the stated amounts of each Facility.

Related to Base limit

  • Dose limits means the permissible upper bounds of radiation doses established in accordance with these rules. For purposes of these rules, “limits” is an equivalent term.

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Bag limit means the maximum number of game animals, game

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

  • Positive beam limitation means the automatic or semi-automatic adjustment of an x-ray beam to the size of the selected image receptor, whereby exposures cannot be made without such adjustment.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Return Amount has the meaning specified in Paragraph 3(b).