Monthly Limit definition

Monthly Limit means the monthly limit on the total amount payable in cash by the REIT in respect of Units tendered for redemption in a calendar month as described under “Trust Units and Declaration of Trust -Redemption Right”.
Monthly Limit means the maximum dollar amount of credit available per month, per NPD Card, as specified by the Account Holder (provided it does not cause the Monthly Limit for the relevant Account to be exceeded) and agreed to by NPD or, if the Account Holder does not specify, $2,000 per month or any such lower amount as NPD may determine in its sole discretion at any time.
Monthly Limit means the credit balance that is allowed to be incurred without requiring repayment prior to the statement cut-off date.

Examples of Monthly Limit in a sentence

  • The most conservative LTA is then used to determine the Maximum Daily Limit (MDL) or Average Monthly Limit (AML) using the calculation shown in Table 5-2 (TSD page 103).

  • Monthly Limit: The Federal Reserve Regulation D limit on the frequency of savings account transactions of six per month also applies.

  • Monthly Limit - A monthly limit will be calculated by crew base using the following formula: (Total Known Sequence Position Hours x 3%) ÷ Value of a Sequence Day = Monthly Open Sequence Day Limit The Value of a Sequence Day will be calculated using the following formula: Total Known Sequence Position Hours ÷ Total Sequence Days = Value of a Sequence Day The monthly limit shall only apply to TTS transaction(s) which result in an increase in the number of Open Sequence Days.

  • Average Monthly Limit (AML) The AML or 30-day average is the Arithmetic Average or mean (except E.

  • Daily Limit: $510.00 // Monthly Limit: $5,000 Daily Limit: $510.00 // Monthly Limit: $15,000 Point of Sale Purchases: Daily Limit: $3,000.00 // Monthly Limit: $10,000 We may, in our sole discretion, further limit your use of the Card, and in addition to our limits, an ATM owner or operator may impose additional withdrawal limits.


More Definitions of Monthly Limit

Monthly Limit means the monthly limit of $50,000 in lawful money of Canada for cash redemption of Units tendered for redemption by Unitholders;
Monthly Limit means the monthly limit set by the Bank. The monthly limit is applicable for Cash Withdrawal and/or Retail Purchases made via MyDebit payment network and Cirrus withdrawals. The ATM withdrawal and Retail Purchases limit for MyDebit payment network are shared.
Monthly Limit means the range within or equal to plus (+) or minus (-) five percent (5%) of Customer’s Contract Demand at the Point of Receipt, net of Unaccounted for Gas, during the Month;
Monthly Limit means, in respect of redemptions of Units by Unitholders, the maximum amount payable by the Trust in any calendar month, being $50,000.
Monthly Limit. Limits the total combined value of all items deposited in a month and the number of total items deposited. The deposit limits vary depending on many factors, including your deposit history and the length of your relationship with us. Deposit limits are subject to change as we continually evaluate these factors. Your current deposit limits will always be displayed within the mobile app at the time of deposit.
Monthly Limit has the meaning ascribed thereto in subsection 7.16.6(a);
Monthly Limit means Subscriber is only permitted to initiate a certain number of downloads in a one-month period. The number permitted is identified on the Order Confirmation. During a Subscription Term, the first one-month period is from the first day of the Subscription Term to the same date of the next month – where Subscriber is paying monthly, this is the payment date. For example, if Subscriber’s payment date is the 15th, the Monthly Limit applies to all downloads between June 15 and July 15, and on July 16, Subscriber has another 20 downloads available through August 15.