Plan Limit definition

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.

Plan Limit means the maximum number of Shares that are issuable under the Plan in accordance with Section 4.2;

Plan Limit means the limitation contained in the Redevelopment Plan on the number of dollars of taxes which may be divided and allocated to the Agency pursuant to the Redevelopment Plan, as such limitation is prescribed by Section 33333.2 of the Law.

Examples of Plan Limit in a sentence

• In addition, (i) the number of Shares that are tendered by a Participant or withheld by the Company to pay the exercise price of an Award or to satisfy the Participant’s tax withholding obligations in connection with the vesting, exercise or settlement of an Award and (ii) shares subject to an Option but not issued or delivered as a result of the net settlement of such Option shall be added back to the Plan Limit and again be available for the grant of Awards.

• For purposes of determining the number of Shares that remain available for issuance under the Plan, the number of Shares corresponding to Awards under the Plan that are forfeited or cancelled or otherwise expire for any reason without having been exercised or settled or that are settled through the issuance of consideration other than Shares (including, without limitation, cash) shall be added back to the Plan Limit and again be available for the grant of Awards.

• All of the Shares subject to the Plan Limit may be issued as Incentive Stock Options.

More Definitions of Plan Limit

Plan Limit means the limit defined in paragraph 4.1(a)(i).

Plan Limit means the maximum number of Common Shares authorized to be issued or transferred under the Plan as provided in Section 5(a).

Plan Limit means the total number of Shares that may be issued or transferred under this Plan pursuant to Section 4(a) hereof.

Plan Limit means the maximum aggregate number of shares of Stock that may be issued for all purposes under the Plan as set forth is Section 4(a).

Plan Limit means the limit on the number of Shares that may be placed under Award pursuant to the Plan as set out in Rule 3.1;

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). “ Restricted Share ” means a Share granted or sold pursuant to Section 9(a).

Plan Limit means the limitation, if any, contained in the Infrastructure Financing Plan on the number of dollars of taxes which may be divided and allocated to the District pursuant to the Infrastructure Financing Plan and the Law. Under the Infrastructure Financing Plan, the total nominal number of tax increment dollars to be allocated to the Initial Project Areas of the District over the life of the District shall not exceed $1.53 billion of Net Available Increment and $216 million of Conditional City Increment. The combined total of Net Available Increment and Conditional City Increment allocated to the Initial Projects Areas of the District shall not exceed $1.75 billion.