Excess Amount definition

Excess Amount has the meaning set forth in Section 13.

Excess Amount means the excess of the Participant's Annual Additions for the Limitation Year over the Maximum Permissible Amount.

Excess Amount has the meaning set forth in Section 9.02.

Examples of Excess Amount in a sentence

• Shortly after the end of each month, each Fund shall deliver to LFI a statement indicating the Excess Amount owed to that Fund for the month and LFI will remit to that Fund an amount that is sufficient to pay that monthly Excess Amount.

• To determine LFI’s obligation with respect to the Excess Amount, each day the Fund Operating Expenses for each Fund shall be estimated and accrued.

• If the total expenses exceed the Operating Expense Limit Amount, a Fund shall record a receivable from LFI in an amount equal to the Excess Amount less any such receivables previously recorded for the fiscal period.

• If any amount charged or collected under this Master Lease or any Schedule is greater than the amount allowed by law, including, without limitation, any amount that exceeds applicable usury limits (an “Excess Amount”), then (i) any Excess Amount charged but not yet paid will be waived by Us and (ii) any Excess Amount collected will be refunded to You or applied to any other amount then due hereunder.

• If the aggregate Tax Advances made to any Member pursuant to Section 4.9 for any fiscal year exceed such Member's Tax Amount (an "Excess Amount"), such Excess Amount shall reduce subsequent Tax Advances that would be made to such Member pursuant to this Section 4.9, except to the extent taken into account as an advance pursuant to Section 4.9(d).

More Definitions of Excess Amount

Excess Amount shall have the meaning assigned to such term in Section 2.10(h)(ii).

Excess Amount. The excess of the Participant's Annual Additions for the Limitation Year over the Maximum Permissible Amount.

Excess Amount means the amount by which such payment exceeds the amount that would have been received by a Note Holder or the Trustee if the Owner Trustee (in its individual capacity) or the Owner Participant had not become subject to the recourse liability referred to in clause (ii) above. Nothing contained in this Section 2.03(b) shall prevent a Note Holder or the Mortgagee from enforcing any personal recourse obligation (and retaining the proceeds thereof) of the Owner Trustee (in its individual capacity) or the Owner Participant under the Participation Agreement, the Lease or this Trust Indenture (and any exhibits or annexes hereto or thereto) or from retaining any amount paid by Owner Participant under Section 2.13 or 4.03 hereof.

Excess Amount shall have the meaning assigned to such term in Section 2.10(h).

Excess Amount has the meaning set forth in Section 6.02(c).

Excess Amount has the meaning specified in Section 2.03(b) hereof.

Excess Amount shall have the meaning set forth in Section 11(a)(iii) hereof.