Individual Limit definition

Individual Limit means the limit on the amount of a judgment for damages for personal injury, as provided in Subsection 63G-7-604(1)(a).
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Individual Limit means the annual per individual limits relating to Awards, as set forth in Section 5.2.
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Individual Limit means, in respect to Capital Expenditure in any Accounting Period, (pound)25,000, as the same may be increased from the Effective Date by the Rate of Inflation.
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Examples of Individual Limit in a sentence

  • Provided always that no two or more Insured Person who are part of the same family shall be entitled to claim for more than the Individual limit as specified in the Table of Benefits.

  • US$2,000,000 combined single limit covering property damage and bodily injuryWorkers’ CompensationStatutoryEmployer’s Liability*US$1,000,000 each accident, each employee, each disease – policy limit* Individual limit requirements for Commercial General Liability, Automobile Liability, and Employer’s Liability limits may be met with any combination of Primary policy limits and Umbrella/Excess Liability policy limits as determined to be appropriate by Supplier.

  • The lesser of 2 percent of the tier 1 capital of any parent insured bank or 10 percent of the investor’s tier 1 cap- ital, for any other investor.(3) Individual limit for investment in joint venture.

  • In order to qualify for making investments under authority of this paragraph (b), both before and imme- diately after the proposed investment, the investor, any parent insured bank, and any parent bank holding company shall be well capitalized and well man- aged.(2) Individual limit for investment in subsidiary.

  • Individual limit of one (1) elk by permit only PENALTY: $150.00 to $1,000.00.

  • Individual limit The face value of the grants made to an employee in any financial year under the SARS should not exceed two times the employee’s base pay at the date of offer.

  • Hallett’s designated beneficiary is entitled to a payment in an amount equal to two times his annual salary, not exceeding $500,000.

  • Individual limit: a separate individual limit (being the aggregate maximum number of shares at any time allocated in respect of unvested awards to any one employee) will apply in respect of PSU awards, namely 400 000 N ordinary shares in the company, subject to adjustments made in terms of the trust deed (the individual limit in respect of RSU awards will continue to apply).

  • Individual limit 1.1 The maximum number of shares which may on any day be placed under option for subscription under the Scheme, when added to the number of shares previously placed under option for subscription under the scheme or allocated for subscription in the preceding ten years under any other employees’ share scheme adopted by the Company, shall not exceed 10% of the Company’s issued share capital on that day.

  • Individual limit The Committee will decide the number of Shares subject to a Deferred Bonus Award or a Merit Deferred Share Award by reference to the value of the bonus which, in the case of a Deferred Bonus Award granted to an executive Director, will be limited by the remuneration policy approved by shareholders from time to time.


More Definitions of Individual Limit

Individual Limit the meaning ascribed thereto in paragraph 7.4;
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Individual Limit means the maximum number of ADRs an Eligible Employee may purchase on any one Purchase Date, as set forth in Section 6.
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Individual Limit means, in respect of any Accounting Period during the Initial Period, such amount as, when added to the Total Operating Costs in such Accounting Period, is equal to 6 per cent. of the sum of such amount and such Total Operating Costs and, in respect of any Accounting Period during the Post-Initial Period, such amount as when added to the Revenue Base in such accounting Period is equal to 6 per cent. of the sum of such amount and such Revenue Base;
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Individual Limit means £100,000 or such other amount as may from time to time be specified in paragraph 5 of Schedule 5;
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Individual Limit means the limit on the market value of Shares subject to EMI Options which may be granted to the Option Holder as set out in paragraphs 5 and 6 of Schedule 5;
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Related to Individual Limit

  • Annual Limit means the maximum amount claimable per person in a calendar year, unless otherwise stated.

  • Territorial Limits means United Kingdom, the Channel Islands, the Isle of Man, all member countries of the European Union, Andorra, Croatia, Iceland, Liechtenstein, Norway and Switzerland. It also includes travelling, including loading and unloading, between these countries by air, rail or sea.

  • Annual limit on intake or "ALI" means the derived limit for the amount of radioactive material taken into the body of an adult worker by inhalation or ingestion in a year. ALI is the smaller value of intake of a given radionuclide in a year by the reference man that would result in a committed effective dose equivalent of 0.05 sievert (five rem) or a committed dose equivalent of 0.5 sievert (fifty rem) to any individual organ or tissue. ALI values for intake by ingestion and by inhalation of selected radionuclides are given in appendix C to rule 3701:1-38-12 of the Administrative Code.

  • Technical Limits means the limits and constraints described in Schedule 2, relating to the operations, maintenance and dispatch of the Project.

  • emission limit value means the mass, expressed in terms of certain specific parameters, concentration and/or level of an emission, which may not be exceeded during one or more periods of time;

  • Geographical Limits means

  • 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

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.

  • Prescribed Limit means ten per cent (10%) of the issued ordinary share capital of the Company as at the date of passing of this resolution unless the Company has effected a reduction of the share capital of the Company in accordance with the applicable provisions of the Companies Law, at any time during the Relevant Period, in which event the issued ordinary share capital of the Company shall be taken to be the amount of the issued ordinary share capital of the Company as altered (excluding any treasury share that may be held by the Company from time to time); and

  • Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Annual Addition The sum of the following amounts allocated on behalf of a Participant for a Limitation Year, of (i) all Employer contributions; (ii) all forfeitures; and (iii) all Employee contributions. Except to the extent provided in Treasury regulations, Annual Additions include excess contributions described in Code Section 401(k), excess aggregate contributions described in Code Section 401(m) and excess deferrals described in Code Section 402(g), irrespective of whether the plan distributes or forfeits such excess amounts. Annual Additions also include Excess Amounts reapplied to reduce Employer contributions under Section 3.10. Amounts allocated after March 31, 1984, to an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer are Annual Additions. Furthermore, Annual Additions include contributions paid or accrued after December 31, 1985, for taxable years ending after December 31, 1985, attributable to post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)) under a welfare benefit fund (as defined in Code Section 419(e)) maintained by the Employer.

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

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Additional Limited Partner means a Person admitted to the Partnership as a Limited Partner pursuant to Section 10.4 and who is shown as such on the books and records of the Partnership.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Possession limit as used in s. NR 19.275, means the maximum number of a turtle species or group of turtle species which may be possessed by a person at any time.

  • Emission limitation means a requirement established by the Board, the director or the Administrator, EPA, which limits the quantity, rate or concentration of emission of air pollutants on a continuous emission reduction including any requirement relating to the operation or maintenance of a source to assure continuous emission reduction (Section 302(k)).

  • Deduction Limitation means the following described limitation on a benefit that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise provided, this limitation shall be applied to all distributions that are “subject to the Deduction Limitation” under this Plan. If an Employer determines in good faith prior to a Change in Control that there is a reasonable likelihood that any compensation paid to a Participant for a taxable year of the Employer would not be deductible by the Employer solely by reason of the limitation under Code section 162(m), then to the extent deemed necessary by the Employer to ensure that the entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in Control is deductible, the Employer may defer all or any portion of a distribution under this Plan. Any amounts deferred pursuant to this limitation shall continue to be credited/debited with additional amounts in accordance with Section 3.7 below, even if such amount is being paid out in installments. The amounts so deferred and amounts credited thereon shall be distributed to the Participant or his or her Beneficiary (in the event of the Participant’s death) at the earliest possible date, as determined by the Employer in good faith, on which the deductibility of compensation paid or payable to the Participant for the taxable year of the Employer during which the distribution is made will not be limited by Code section 162(m), or if earlier, the effective date of a Change in Control. Notwithstanding anything to the contrary in this Plan, the Deduction Limitation shall not apply to any distributions made after a Change in Control.

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Annual Additions means the sum of the following amounts credited to a Participant for a Limitation Year:

  • BENEFIT LIMIT means the total benefit allowed under this plan for a covered healthcare service. The benefit limit may apply to the amount we pay, the duration, or the number of visits for a covered healthcare service.

  • Special Limited Partner means WNC Housing, L.P., a California limited partnership, and such other Persons as are admitted to the Partnership as additional or substitute Special Limited Partners pursuant to this Agreement.