LD Cap definition

LD Cap means an amount equal to (a) $1,000,000, multiplied by (b) a fraction (i) the numerator of which is the initial total number of Warrant Shares in respect of which this Warrant may be exercised as of the Issuance Date, and (ii) the denominator of which is 20,000,000, in each case, as proportionately adjusted in accordance with the provisions of Section 2 hereof.
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LD Cap means the amount set out in item 22 of Schedule 1.
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LD Cap means fifty percent (50%) of the License Fee.
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Examples of LD Cap in a sentence

  • To evaluate the adequacy of the predictions of the in vitro and chemical methods, the estimates of PRCP supply at Kp of 2, 5, and 8%/h from the in vitro method and chemical method at Kp of 5%/h were evaluated against values determined by the reference method using error-index and dimensionless parameters.

  • Pursuant to Clause 8.2 above, the Authority is entitled to deduct, withhold or otherwise take into account an amount equivalent to the LD Cap (“Retention Sum”) from any monies payable by the Authority to the Contractor pursuant to clause 5 (Payment), for a reasonable period of time until the amount of liquidated damages is determined by the Authority (“LD Amount”).

  • Any amounts paid by Seller for Delay Book Out Charges shall be deducted from both the Aggregate LD Cap and pro rata from the Per Unit LD Cap for the applicable Unit(s).

  • The Supplier must pay any Liquidated Damages that are due from the LD Due Date until the date on which the Supplier successfully completes the relevant LD Obligation, provided that the Supplier’s liability under this clause 7.7 will not exceed any applicable LD Cap specified in the Details.

  • Developer shall continue to exercise Reasonable Best Efforts to achieve Substantial Completion notwithstanding that Delay Liquidated Damages are no longer payable because the LD Cap has been reached.

  • Contractor’s maximum liability to Owner for Delay Liquidated Damages for a Stage is the Delay LD Cap for such Stage.

  • Written rules shall be adopted by property owners to insure safe and reasonable use and operation of the half-pipe ramp.

  • Adobe reserves the right to terminate Licensee’s license to use the Evaluation Software at any time in its sole discretion.

  • XXXXXX MARITAL TRUST By: PNC BANK, Trustee 4/21/20 By: /s/ Xxxxxxx X.

  • The Delay Liquidated Damages shall be County's sole remedy for delay, and shall not exceed (i) fifty percent (50%) of the Design Builder's Fee with respect to the permitting, design, and construction of a Project, and (ii) fifty percent (50%) of the Developer's Fee with respect to all other Developer's obligations hereunder for a Project except for permitting, design and construction (the "LD Cap").


More Definitions of LD Cap

LD Cap means .
Sample 1

Related to LD Cap

  • WAC Cap With respect to the Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Required Capital Amount means $5,000,000.

  • Maximum Cap Rate For any Distribution Date with respect to the Group I Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Maximum Mortgage Rates of the Group I Mortgage Loans, weighted based on their outstanding Principal Balances as of the first day of the calendar month preceding the month in which the Distribution Date occurs and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Group II Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Maximum Mortgage Rates of the Group II Mortgage Loans, weighted based on their outstanding Principal Balances as of the first day of the calendar month preceding the month in which the Distribution Date occurs and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Mezzanine Certificates, a per annum rate equal to the product of (x) the weighted average (weighted on the basis of the results of subtracting from the aggregate Stated Principal Balance of the applicable Loan Group, the current Certificate Principal Balance of the related Class A Certificates) of the Maximum Cap Rate for the Group I Certificates and the Maximum Cap Rate for the Group II Certificates and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period.

  • Adjusted Capital means cumulative gross proceeds generated by the Corporation from sales of shares of Common Stock (including proceeds from the Corporation’s distribution reinvestment plan) reduced for amounts paid for share repurchases pursuant to the Corporation’s share repurchase program. The calculation of the Subordinated Incentive Fee on Income for each quarter is as follows:

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Cap Amount shall have the meaning set forth in Section 2.3.10.

  • Retained limit means the greater of:

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of all Eligible Collateral Obligations included in the Collateral is less than or equal to 5.50 years.

  • Net WAC Cap Rate With respect to any Distribution Date, the product of (i) a per annum rate equal to the weighted average of the Net Mortgage Rates (or, if applicable, the Modified Net Mortgage Rates) using the Net Mortgage Rates in effect for the Monthly Payments due on such Mortgage Loans during the related Due Period, weighted on the basis of the respective Stated Principal Balances thereof for such Distribution Date and (ii) a fraction equal to 30 divided by the actual number of days in the related Interest Accrual Period.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Indemnity Cap has the meaning set forth in Section 8.4.3.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Total adjusted capital means the sum of:

  • Loan Cap means, at any time of determination, the lesser of (a) the Aggregate Commitments or (b) the Borrowing Base.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.