Maximum Compensation definition

Maximum Compensation means, in respect of any Dealer Shareholder, the cumulative amount of asset-based, front end and deferred distribution fees payable hereunder for so long as the Client remains an investor in the Fund, not to exceed in the aggregate the product of 6.25% multiplied by the aggregate offering price of the Shares received by the Fund in respect of such investor, in accordance with FINRA Rule 2830.
Maximum Compensation means, in respect of any Dealer Shareholder, the cumulative amount of asset-based, front end and deferred distribution fees payable hereunder for so long as the Client remains an investor in the Fund, not to exceed in the aggregate the product of 6.25% multiplied by the aggregate offering price of the Shares received by the Fund in respect of such investor, in accordance with FINRA Rule 2341. Dealer represents that it is a broker-dealer registered with FINRA and subject to FINRA Rule 2030 (the “Rule”). Dealer represents that it has policies and procedures to ensure compliance with the Rule and is currently in compliance with the Rule. Moreover, Dealer represents that neither it nor any of its Covered Associates (i.e., any (i) general partner, managing member or executive officer of Dealer, as well as any person with a similar status or function, (ii) any associated person of Dealer who engages in distribution or solicitation activities with a government entity, (iii) any associated person of Dealer who supervises, directly or indirectly, the government entity distribution or solicitation activities of a person in (ii) above, and (iv) any political action committee controlled by Dealer or one of its Covered Associates) has made, directly or indirectly, any contributions that prohibit Dealer from engaging in solicitation activities for compensation under the Rule (a “Triggering Contribution”). Dealer hereby agrees that neither it nor its Covered Associates will make a Triggering Contribution or violate the Rule while engaged hereunder. If Dealer breaches this provision and becomes aware of a Triggering Contribution or a violation of the Rule, it shall promptly provide written notice to Distributor of the nature of the ban or violation.
Maximum Compensation means the maximum total compensation that would be paid to a director in a givenyear under the Bank’s policy on director compensation if that director attendedall meetings and fulfilled all duties assigned to or otherwise expected of him or her for that year.

Examples of Maximum Compensation in a sentence

  • In no case shall the amount paid by County under this Agreement exceed the Maximum Compensation without a written agreement executed by the parties.

  • In no case shall the amount paid by County under this Agreement exceed the Maximum Compensation without an approved change order.

  • In no event shall the amount paid by County under this Agreement exceed the Maximum Compensation without a County approved change order.

  • Exhibit B sets forth a compensation table establishing the manner in which the City will pay the Maximum Compensation to the Consultant (“Compensation Table”).

  • It is understood and agreed that the Maximum Compensation Amount is a ‘not-to-exceed amount’ and is not a guaranteed payment.


More Definitions of Maximum Compensation

Maximum Compensation. $[INSERT GRAND TOTAL]** Interim payments paid to Contractor (if checked use Attachment C). If this box is not checked only one fee/ honorarium payment will be made under this Contract. *Unless boxes are checked reimbursements or expenses will not be paid under this Contract. † All expenses are subject to University’s Travel Policy, including the limitations of University’s published reimbursement rates found at the following web address: xxxxx://xxx.xxx.xxx/travel/plan-book/per-diem-rates **Contract Maximum Compensation includes the sum of all fees and reimbursements paid to Contractor and all expenses paid by University on behalf of Contractor.
Maximum Compensation with respect to a Covered Employee, shall mean Total Compensation paid to, or for the benefit of, or granted to, or for the benefit of, such Covered Employee for calendar year 2000, as set forth on Schedule 4.23 hereto; provided that if a Covered Employee was not employed for the full calendar year 2000, such Covered Employee's Maximum Compensation will be adjusted by (i) annualizing the amount of base salary paid to such Covered Employee for calendar year 2000 and (ii) including in his Maximum Compensation such Covered Employee's Assumed Target Bonus, if applicable, as set forth on Schedule 4.23 hereto.
Maximum Compensation. $[INSERT GRAND TOTAL]** Interim payments paid to Contractor (if checked use Attachment C). If this box is not checked only one fee/ honorarium payment will be made under this Contract. *Unless boxes are checked reimbursements or expenses will not be paid under this Contract. † All expenses are subject to University’s Travel Policy, including the limitations of University’s published reimbursement rates found at the following web address: xxxxx://xxx.xxx.xxx/travel/plan-book/per-diem-rates **Contract Maximum Compensation includes the sum of all fees and reimbursements paid to Contractor and all expenses paid by University on behalf of Contractor. Payment will be made to Contractor following University’s review and approval of invoice submitted by Contractor. By signing below Contractor accepts the terms and conditions of this Contract and certifies that Contractor is not a University of Oregon employee, Contactor is an independent contractor, and Contractor understands the tax and legal implications of this Contract and that payments under this Contract will be reported on Form 1099.
Maximum Compensation as relates to any given Statement of Work entered into pursuant to this Agreement, means the maximum amount to which Client shall be liable to pay Jetty for services ren- dered and expenses under such Statement of Work.
Maximum Compensation means any earnings or compensation, however defined, taken into account for determining all benefits or contributions under the Pension System, as defined in Article III hereof.
Maximum Compensation has the meaning specified in subsection 4.4(A). “MGD” means million gallons per day.
Maximum Compensation has the meaning ascribed to it in Article 4 hereto;