Ceiling Amount definition

Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

Ceiling Amount has the meaning ascribed to such term in Section 8.6(a).

Ceiling Amount means the highest level of financial assistance the department can provide to a recipient for an individual project.

Examples of Ceiling Amount in a sentence

• Subject to the provisions of clause 5.3.4, the liability of the Customer under this TOB arising out of any single incident or series of incidents arising from a common cause shall not exceed the Liability Ceiling Amount.

• The Bank shall not loan any Securities maintained in a Portfolio's Account such that, after giving effect to such loan, an amount greater than that Portfolio's Loan Ceiling Amount will be lent pursuant to this Agreement.

• Notwithstanding the foregoing, neither the Threshold Amount nor the Ceiling Amount shall be applicable to indemnification pursuant to Section 7.3(iii) or Section 7.3(iv) or with respect the representations and warranties of Buyer set forth in Section 4.6.

• Revenue from Aeronautical and Non-Aeronautical operations are recognized on accrual basis net of goods and service tax and applicable discounts, when services are rendered and it is probable that an economic benefit will be received which can be quantified reliably.

• In no event shall Buyer be liable under Section 7.3 of this Agreement for any amount in excess of the Ceiling Amount.

More Definitions of Ceiling Amount

Ceiling Amount means (i) on or before the first anniversary of the IPO Closing Date, $9.9 million, and (ii) thereafter, $4.95 million less the amount of all Damages paid or which have become payable by the party or parties in question with respect to indemnification claims made on or before the first anniversary of the IPO Closing Date.

Ceiling Amount means the highest level of financial assis- tance the department can provide to a recipient for an individual project.

Ceiling Amount means the sum of (i) $5,128,721, (ii) the Additional Cash Consideration, if any, (iii) the Positive Net Adjustment, if any, and (iv) the Negative Net Adjustment, if any; provided, however, that, for purposes of Sections 6.06(b) and 7.06(b), the Ceiling Amount is $2,564,360.

Ceiling Amount means the maximum fund transfer amount, prescribed by the Bank in its absolute discretion.

Ceiling Amount has the meaning set forth in Section 9.2(b).

Ceiling Amount means $32,615,740.

Ceiling Amount shall have the meaning set forth in Section 11.1(e).