Capped Amount definition

Capped Amount means an amount equal to:
Capped Amount has the meaning set forth in Section 6.1.
Capped Amount means the largest amount payable to Employee without causing the application of a Parachute Excise Tax.

Examples of Capped Amount in a sentence

  • The Board agrees to pay: The PA 152 of 2011, Section 3, Hard Capped Amount per current Single, 2 Person, and Family Health Insurance at the rate of the Annual Hard Cap dollar amount as established annually by the Michigan Treasury Department.


More Definitions of Capped Amount

Capped Amount means a number of Shares that may be created pursuant to Cash Orders on any specified day.
Capped Amount means the largest amount payable to the Executive without causing the application of a Parachute Excise Tax. For the avoidance of doubt, this Section 5(k) applies without regard to whether the Executive’s employment has been terminated.
Capped Amount means, with respect to the Working Capital Loan Facility, (i) a principal amount not to exceed Ten Million Dollars ($10,000,000) at all times during calendar year 2014, and (ii) a principal amount not to exceed Fifteen Million Dollars ($15,000,000) following the completion of calendar year 2014.
Capped Amount means the aggregate principal amount of eligible securities which could be issued if they were backed exclusively by the Proposed Pool in a stand-alone transaction; “Proposed Pool” means the pool of eligible mortgages which is proposed to be sold by the eligible institution to the master trust to back the proposed issue of eligible securities.
Capped Amount has the meaning set forth in Section 4.06 of this Agreement.
Capped Amount means the greatest amount of Payments that can be provided under this Agreement and all other agreements providing for Payments without any portion of the Payments being subject to the Excise Tax.
Capped Amount means the maximum amount payable by Qantas under a time charge contract, as specified in the Completed Purchase Order;