Permissible Limit definition

Permissible Limit means 1% of the Shipper’s MDQ multiplied by the number of Days in the Year;
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 :
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 :

Examples of Permissible Limit in a sentence

  • Permissible limits for solids when tested in accordance with I.S. 3025-1964 shall be as tabulated below: Permissible Limit for Solids Organic Max.


More Definitions of Permissible Limit

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.
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).

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.

  • 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 in accordance with the applicable provisions of the Companies Act, 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 (excluding any treasury shares that may be held by the Company from time to time);

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