Dollar Limit definition

Dollar Limit shall have the meaning ascribed to such term in Section 2.5(b). “Evaluation Date” shall have the meaning ascribed to such term in Section 3.1(r).

Dollar Limit shall have the meaning ascribed to such term in Section 2.6(b).

Dollar Limit means the maximum dollar amount that any Participant can contribute for any Plan Year under Code Section 402(g), which amount is $17,000 for the 2012 Plan Year and is indexed to the CPI in $500 increments.

Examples of Dollar Limit in a sentence

• Except as otherwise provided below, on the Offering Date of each Offering Period, each Participant in such Offering Period shall be granted automatically a Purchase Right consisting of an option to purchase the lesser of (a) that number of whole shares of Stock determined by dividing the Dollar Limit (determined as provided below) by the Fair Market Value of a share of Stock on such Offering Date or (b) the Share Limit (determined as provided below).

• The Administrator shall be responsible for ensuring that the Plan meets the ADP Test, the ACP Test and the Multiple Use Test, and that the Contribution Dollar Limit is not exceeded.

• However, if a Participant has Excess Deferrals for a calendar year on account of making Elective Deferrals to a plan of an unrelated employer, the Participant may assign to this Plan any portion of his/her Elective Deferrals made under all plans during the calendar year to the extent such Elective Deferrals exceed the Elective Deferral Dollar Limit.

• If a Participant’s Salary Deferrals under this Plan, in combination with any Elective Deferrals the Participant makes during the calendar year under any other plan maintained by the Employer, equal or exceed the Elective Deferral Dollar Limit, the Employer may suspend the Participant’s Salary Deferrals under this Plan for the remainder of the calendar year without the Participant’s consent.

• Excess Deferrals are Elective Deferrals made during the Participant's taxable year that exceed the Elective Deferral Dollar Limit (as described above) for such year; counting only Elective Deferrals made under this Plan and any other plan, contract or arrangement maintained by the Employer.

More Definitions of Dollar Limit

Dollar Limit means the maximum dollar amount based on age of Annual Deferrals under the Plan for any calendar year, established under Code 457(e)(15).

Dollar Limit means $8,000 or the maximum amount in effect of Pre-Tax Contributions excludable from the gross income of a Participant in a given Year as provided in Code Section 1165(e)(7)(A) at any such time, subject to Section 17.

Dollar Limit means a daily dollar limit, defined by the Bank, where the Bank shall have no obligation to pay disbursement checks and ACH Transactions in excess of the Dollar Limit.

Dollar Limit means the maximum amount of Employee-Elected Company Contributions excludable from the gross income of a Participant in a given year as provided in Code Section 402(g) and as adjusted from time to time by the Secretary of the Treasury pursuant to Code Section 415(d).

Dollar Limit means the lesser of the following: (1) One Million Dollars ($1,000,000), or (2) During the last year of the then current Term, the total Base Rent which would have been due from Tenant from the date of the Casualty until the end of the then current Term, had the Casualty not occurred.

Dollar Limit. A limit set by Bank representing a maximum dollar amount that applies in connection with a Service, as may be adjusted by Bank.

Dollar Limit means any applicable specified dollar limit on the amount of cash that each Participant may apply for the purchase of shares during any Purchase Right Period, or on any purchase date within any Purchase Right Period, as approved by the Committee prior to the commencement of such Purchase Right Period.