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 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

Shares that are issued will be deducted from the Plan Limit and such Plan Limit shall not be increased without approval of the board or, if shareholders of the Company have so required, without approval of the shareholders of the Company.
If not sooner terminated under the preceding sentence, the Plan will fully cease and expire on the date that the Plan Limit has been exhausted and all Shares issued.
Any Shares that are subject to this Plan that are not used because the terms and conditions of the Share Agreement are not met or any Shares that are used for full or partial payment of the purchase price of Shares or any Shares retained by the Company for any purpose of this Plan automatically will be returned to the Plan Limit and become available for again for use under the Plan.
If any Common Stock or Convertible Securities (other than shares or options issued or which may be issued pursuant to the Incentive Plan up to the Incentive Plan Limit) are issued or sold or deemed to have been issued or sold for cash, the consideration received therefor will be deemed to be the gross amount received by the Company therefor.
The Shares underlying any cash-settled Award of Restricted Share Units shall not be added back to the Plan Limit.

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 limit defined in paragraph 4.1(a)(i).

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 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 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 redevelopment plan limit specified in the applicable Redevelopment