Maximum Discount definition

Maximum Discount means, as of the date of any issuance of Ordinary Shares, a price per share not less than 75.0% of the Fair Market Value of an Ordinary Share for the trading day immediately preceding such issuance.
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Examples of Maximum Discount in a sentence

  • Provided that LESSEE shall pay any balance due at least ten days prior to the Maximum Discount Date, DISTRICT shall pay the taxes on or before the Maximum Discount Date.

  • The only variables required for input to this spreadsheet are the CVF rate, the Maximum Discount Rate, that is, the rate from which daily basis points offered by the card issuer are de- rived, and the amount of debt.

  • Bids will be given for following Medicines on basis of Maximum Discount from retail price.

  • Separate Bids will be given for following Medicines on basis of Maximum Discount from retail price.

  • The Committee has approved the Maximum Discount allowed under the Health Insurance (Amendment) Act 2014 so as to ease the burden on families with young adults and to assist trainee Gardai on a training allowance.

  • District shall notify Company of the actual amount of taxes for the current year at the later of (i) fifteen days prior to the last date on which the maximum discount can be obtained ("Maximum Discount Date") or (ii) five days after receipt by District from the taxing authority, and advise Company of the balance due, and said balance due shall be paid within five days.

  • The Committee has approved the Maximum Discount allowed under the Health Insurance (Amendment) Act 2014 to ease the burden on families with young adults and to assist trainee Gardai on a training allowance.The discontinued Standard Scheme Cash Plan fee is €73.24 net per adult per month.

  • The total amount of premium credits on a policy are subject to the cap set on the Maximum Discount table in the Appendix.

  • Provided that Company shall pay any balance due at least ten days prior to the Maximum Discount Date, District shall pay the taxes on or before the Maximum Discount Date.

  • AISD and the County shall have the exclusive right to bring suit to enforce this Lease, and no other party may bring suit, as a third party beneficiary or otherwise, to enforce this Lease.

Related to Maximum Discount

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Maximum Drawing Amount means at the time in question the sum of the maximum amounts which LC Issuer might then or thereafter be called upon to advance under all Letters of Credit which are then outstanding.

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.

  • Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

  • Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Offered Discount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Maximum Swingline Amount means $5,000,000.

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Resale Discount means the applicable discount off retail rates applied to AT&T-21STATE Telecommunications Services resold by CLEC to its End Users. Any change to the rates, terms and conditions of any applicable retail Tariff is automatically incorporated herein and is effective hereunder on the date any such change is effective.

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Maximum mass means the maximum mass stated by the vehicle manufacturer to be technically permissible (this mass may be higher than the "permissible maximum mass" laid down by the national administration).

  • 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

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).