Legislated Maximum Formula Result definition

Legislated Maximum Formula Result means the result of the formula described in paragraph 146.4(4)(l) of the ITA.
Sample 1Sample 2Sample 3
Legislated Maximum Formula Result means the result of the formula described in paragraph 146.4(4)l of the ITA.
Sample 1Sample 2Sample 3

Examples of Legislated Maximum Formula Result in a sentence

  • In such a case where the Plan is established after the Beneficiary turns 60 years of age, Lifetime Disability Assistance Payments will begin in the calendar year immediately following the calendar year in which the Plan is established.If the Beneficiary reached 59 years of age before the particular calendar year, the total of all Disability Assistance Payments made from the Plan in the year will not be less than the Legislated Maximum Formula Result.

  • The U.S. Department of Transportation (DOT), U.S. Environmental Protection Agency (EPA),U.S. Department of Energy, and other federal agencies are also providing technical assistance under the banner of “Thriving Communities.” HUD’s TC/TA is specifically focused on integrating housing and transportation planning to support disadvantaged communities as UGLGs design and implement infrastructure plans.

  • If the Beneficiary has reached 59 years of age before the particular calendar year, the total of all Disability Assistance Payments made from the Plan in the year, will not be less than the Legislated Maximum Formula Result.

  • Lifetime Disability Assistance Payments for a calendar year are limited to the amount determined by the formula described by the Legislated Maximum Formula Result.

  • If the property of this Plan Trust is insufficient to make available the required amount, a lesser amount may be paid.Lifetime Disability Assistance Payments for a calendar year are limited to the amount determined by the Legislated Maximum Formula Result.

  • In such a case where the Plan is established after the Beneficiary turns 60 years of age, Lifetime Disability Assistance Payments will begin in the calendar year immediately following the calendar year in which the Plan is established.If the Beneficiary reached 59 years of age before the current year, the total amount of all payments that are made from the Plan in the year must be at least equal to the Legislated Maximum Formula Result.

  • If the Beneficiary reached 59 years of age before the particular calendar year, the total amount of all payments from the Plan in the year must be at least equal to the Legislated Maximum Formula Result.

  • DEFINITIONSThe following terms have the same meaning as found in the RDSP Declaration of Trust: Account Holder; Assistance Holdback Amount; Beneficiary; Contribution; Disability Assistance Payments (DAPs); Disability Savings Plan (DSP); DTC Election; DTC Eligible Individual; Government Funded Benefits; Holder; Legislated Maximum Formula Result; Lifetime Disability Assistance Payments (LDAPs); Plan; Registered Disability Savings Plan (RDSP); Specified Maximum Amount; Specified RDSP Payment.

  • Developer costs should be entirely recoverable from each upstream quarter at the time of initial subdivision.

Related to Legislated Maximum Formula Result

  • Eligible Crisis or Emergency means an event that has caused, or is likely to imminently cause, a major adverse economic and/or social impact to the Recipient, associated with a natural or man-made crisis or disaster.

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Enrolled Nurse means an employee:

  • Number of Students Who Began the Program means the number of students who began a program who were scheduled to complete the program within 100% of the published program length within the reporting calendar year and excludes all students who cancelled during the cancellation period.

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Graduates Available for Employment means the number of graduates minus the number of graduates unavailable for employment.