Individual Limit definition
Examples of Individual Limit in a sentence
Individual Limit: The point reached through assigned or voluntary time worked on an employee's home unit beyond which an employee cannot be required to work.
In addition, up to 25% of the Individual Limit may be applied to travel and living expenses directly related to the course/activity.
A Staff Member may also use up to $160 from his/her Individual Limit once every three years for state agency fees relating to the Staff Member’s New Hampshire state re-certification.
With respect to any Dollar-Denominated Award, the number of Shares allocated to such Award for purposes of applying the Individual Limit in (ii) above will be determined on the Grant Date by dividing the amount of such Award by the Fair Market Value of a share of Common Stock on the Grant Date.
Facility A Banker's Undertaking - Individual Limit Bank guarantee to QLD government in support of an industry grant Existing Limit Nil Change Limit $ +1,320,000.00 Resultant Limit $ 1,320,000.00 Payment Details Facility Fee(s) Facility Fee Type Service Fee Amount & Accrual Cycle 2.50(%) per half year in advance.
In no event may any Participant receive Options for more than 666,667 Shares in any calendar year (the "Individual Limit").
The normal Contact Hour limit for any individual full-time Member on a nine-month, regular appointment, without administrative responsibility or released time, shall be the Individual Limit given for h/her department/program/area in Table 1.
If Redemption Requests exceed either the Section 3.07 Individual Limit and the Section 3.07 Aggregate Limit then such excess Redemption Request (subject in the case of the Section 3.07 Individual Limit to the provisions of the last sentence of the preceding paragraph) will be applied to successive Section 3.07 Redemption Periods in the order of receipt for prepayment, regardless of the number of Section 3.07 Redemption Periods required to redeem such interest unless sooner withdrawn as described below.
If Redemption Requests exceed either the Section 3.07 Individual Limit and the Section 3.07 Aggregate Limit then such excess Redemption Request (subject in the case of the Section 3.07 Individual Limit to the provisions of the last sentence of the pre- ceding paragraph) will be applied to successive Section 3.07 Redemption Periods in the order of receipt for prepayment, regardless of the number of Section 3.07 Redemption Periods required to redeem such interest unless sooner withdrawn as described below.
A Participant's "Individual Limit" shall be 1,000,000 shares (subject to adjustment under Section 17).