Permissible Limit definition

Permissible Limit means 1% of the Shipper’s MDQ multiplied by the number of Days in the Year;
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Permissible Limit means, for the purpose of Clause 5, the lesser of (a) the Total Commitments and (b) the Relevant Percentage (as defined in Clause 4.2) of the aggregate Market Value of the Mortgaged Ships.
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Permissible Limit in relation to a Shareholder means 300 Shares or the number of Shares which is held by the Shareholder as at the Merger Effective Date (whichever is the greater).
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Examples of Permissible Limit in a sentence

  • Permissible Limit is according to Commission Regulation (EU) No 10/2011 of 14 January 2011 with amendments.

  • ParameterStandard (Maximum Permissible Limit) Measuring Method Applicability1Smoke40% or 2 on the Ringlemann Scaleduring engine acceleration mode.To be compared with Ringlemann Chart at a distance 6 or more.

  • Permissible Limit Percent by Wt. ______________________ - Soft fragments ...............

  • Heads*Maximum Permissible Limit: Accredited institutions are at liberty to charge fees which is less than indicated under respective category.

  • Academic fee 75, 000/- Library fee 15, 000/- Annual Appraisal fee 15, 000/- Accommodation Charges 20, 000/- *Maximum Permissible Limit: Accredited institutions are at liberty to charge fees which is less than indicated under respective category.

  • The water procured from bore well will be recycled and zero discharge.Table 3.3.2 Water Quality ‐ Physico‐chemical Analysis of Ground Water Note: BDL = Below Detection Limit, D.L. = Detection Limit : Permissible Limit is applicable in the absence of Alternate source Sr.NO.

  • The Permissible Limit State (PLS), defined as the limit at which there is a loss of structural integrity which will measurably affect the ability of the bridge to carry its working loads for the expected life of the bridge, is often mentioned when discussing the assessment of masonry arch bridges SB-LRA (2007).When performing a safety assessment, it may not always be necessary to check all limit states.

  • A refusal to accept gas under clause 3.8 is not a curtailment for the purposes of the Access Contract and for the avoidance of doubt shall not be included in the Permissible Limit.

  • However, Factory and Works Act does not have specifications on the Permissible Limit Values (PLV) for grain dust.

  • It is a group of condiments, so the levels of mineralsand heavy metals were compared with the suitable safety standards as determined by the Maximum Permissible Limit (MPL), applied to “plantae-kingdom consumption in water”.


More Definitions of Permissible Limit

Permissible Limit for the purposes of this Act means thirty standard acres of land, and where such thirty standard acres on being converted into ordinary acres exceed eighty acres, such eighty acres :
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Permissible Limit for the purposes of this Act means thirty standard acres of land and where such thirty standard acres on being converted into ordinary acres exceed sixty acres, such sixty acres :
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Related to Permissible Limit

  • Maximum Permissible Amount The lesser of (i) $30,000 (or, if greater, one-fourth of the defined benefit dollar limitation under Code Section 415(b)(1)(A)), or (ii) 25% of the Participant's Compensation for the Limitation Year. If there is a short Limitation Year because of a change in Limitation Year, the Advisory Committee will multiply the $30,000 (or adjusted) limitation by the following fraction: Number of months in the short Limitation Year --------------------------------------------- 12

  • Technically permissible maximum laden mass means the maximum mass allocated to a vehicle on the basis of its construction features and its design performances.

  • Sell Limit expects to open a position to sell at a higher quote then the current one at the moment of an order placement. The following orders may be used to close a position:

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • 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

  • Prescribed Limit means 10% of the issued ordinary share capital of the Company as at the date of passing of this resolution unless the Company has effected a reduction of the share capital of the Company, at any time during the Relevant Period, in which event the issued ordinary share capital of the Company shall be taken to be the amount of the issued ordinary share capital of the Company as altered;

  • Bag limit means the maximum number of game animals, game

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Maximum Permissible Rate means, with respect to interest payable on any amount, the rate of interest on such amount that, if exceeded, could, under Applicable Law, result in (a) civil or criminal penalties being imposed on the payee or (b) the payee's being unable to enforce payment of (or, if collected, to retain) all or any part of such amount or the interest payable thereon.

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • Annual Limit means the maximum amount claimable per person in a calendar year, unless otherwise stated.

  • 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.

  • the limits of deviation means the limits of deviation shown on the deposited plan;

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Beam-limiting device means a device which provides a means to restrict the dimensions of the x-ray field.

  • Enforceability Limitations means limitations on enforcement and other remedies by or arising under or in connection with applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar Applicable Laws affecting creditors’ rights generally or general principles of equity.

  • Possession limit as used in s. NR 19.275, means the maximum number of a turtle species or group of turtle species which may be possessed by a person at any time.

  • Emission limitation means a requirement established by the Board, the director or the Administrator, EPA, which limits the quantity, rate or concentration of emission of air pollutants on a continuous emission reduction including any requirement relating to the operation or maintenance of a source to assure continuous emission reduction (Section 302(k)).

  • Defined Contribution Dollar Limitation means, for any Limitation Year, $46,000, as adjusted for increases in the cost-of-living under Code section 415(d). If a short Limitation Year is created because of a Plan amendment changing the Limitation Year to a different 12-consecutive month period, the Defined Contribution Dollar Limitation for the short Limitation Year will not exceed the amount determined in the preceding sentence multiplied by a fraction, the numerator of which is the number of months in the short Limitation Year and the denominator of which is 12.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • emission limit value means the mass, expressed in terms of certain specific parameters, concentration and/or level of an emission, which may not be exceeded during one or more periods of time;

  • Single event permit means a permit issued in accordance with Chapter 9, Part 3, Single Event Permit.

  • Expense Limit means the percentage of a Fund’s average annual net assets (on an annualized basis) set forth below.

  • 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.

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.

  • Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.