Price Limit definition

Price Limit means a minimum selling price for which the Client shall be willing to execute a sale of Instruments, or a maximum purchase price for which the Client shall be willing to execute a purchase of Instruments; or another price specification.
Price Limit means a pounds sterling amount as determined by NextGear from time to time in its sole discretion; Purchased Vehicles means at any time each and every Vehicle which NextGear has purchased from the Supplier through the agency of an Account Holder; Referral Code means an Eligibility Referral Code, a Financial Referral Code, a Price Referral Code and a VIN Referral Code; Unauthorised Dealer means a person or Dealer that is not an Account Holder; Vehicles means used motor vehicles built to standard United Kingdom specification or of such other description as NextGear shall from time to time approve in its sole unfettered discretion; Vehicle Identification Number means a Vehicle’s unique code including serial number which identifies that Vehicle; VIN Referral Code means the code generated by the WFS Portal when the details of the Vehicle which it is proposed is to be purchased by NextGear through the agency of the Account Holder do not include the Vehicle’s Vehicle Identification Number or include a Vehicle Identification Number which is incorrect; WFS Portal means the web-based portal known as the Wholesale Finance System through which certain data is passed between the parties (for example but without limitation Failure Codes and Referral Codes).
Price Limit in effect at any time means initially the Initial Price Limit, subject to adjustment from time to time concurrently with any adjustment to the Conversion Ratio pursuant to Condition 15.7.2(B) in the event of a Share split or reverse Share split only, the Price Limit so adjusted being equal to the product (rounded up to the nearest whole multiple of €0.0001) of (i) the Price Limit in effect immediately prior to such adjustment and (ii) a fraction, the numerator of which is the Conversion Ratio in effect immediately prior to such adjustment and the denominator of which is the Conversion Ratio so adjusted, provided that the Price Limit may be modified at any time by any future shareholders’ meeting of the Issuer during the lifetime of the Notes;

Examples of Price Limit in a sentence

  • Any Order submitted will be checked against the product/asset class’s Order Price Limit and if the Order exceeds this limit, it will be rejected and the Participant will be notified.

  • If the timer elapses and no trades occur inside of the Price Limit, the Price Limits are re-calculated and reset.

  • If a trade occurs at the Price Limit for a side, the matching engine triggers a timer.

  • The LRP program could be suspended for several days based on the number of consecutive days with a daily price change equal or exceeding the Daily Price Limit, as defined by the CME.

  • The Participating Lender shall determine that the Acquisition Cost of the Eligible Dwelling does not exceed the applicable Sales Price Limit in accordance with (Section 3.2.E).

  • The contract size, minimum price fluctuation, Interval Price Limit (IPLs) and IPL recalculation times, No-Cancellation Ranges (NCRs), spot month position limits and single and all month accountability levels are provided in relevant documents attached as Exhibit A.

  • In relation to the Price Limits referred to in Clause 2.5, each upper Price Limit or lower Price Limit shall be deemed to have been reached upon the making of the first unsatisfied bid or offer, respectively, at such Price Limit, in part or in whole.

  • Exchange Price Limits from 3:00 p.m. to 4:15 p.m.: From the close of the primary securities market at 3:00 p.m. until the end of the current Trading Day at 4:15 p.m., there shall be a Price Limit corresponding to a 5% increase above the current Trading Day’s Reference Price.

  • There shall also be a Price Limit corresponding to either a 5% decline below the current Trading Day’s Reference Price or the current Trading Day’s 20% Price Limit, whichever is nearer to the current Trading Day’s Reference Price.

  • Location of Property Determines Income and Sales Price Limit CHFA’s income limits and sales price limits must be applied according to the town in which the property is located.

Related to Price Limit

  • Price Gap means the following:

  • Strike Priceprevious means the Strike Price applicable before the latest Reset Date and, if the latest Reset Date is the first Reset Date after the First Trading Date, the Initial Strike Price as defined under the definition of "Strike Price".

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Overall Share Limit means the sum of (i) 4,289,936 Shares; (ii) any Shares that are subject to Prior Plan Awards that become available for issuance under the Plan pursuant to Article V; and (iii) an annual increase on the first day of each year beginning in 2019 and ending in 2028, equal to the lesser of (A) 5% of the Shares outstanding (on an as-converted basis) on the last day of the immediately preceding fiscal year and (B) such smaller number of Shares as determined by the Board.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Maximum Trade Price means the highest Spot Price of the Units (subject to any adjustment to such Spot Price as may be necessary to reflect any event as contemplated in Product Condition 3 such as capitalisation, rights issue, distribution or the like) during the MCE Valuation Period;

  • 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

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

  • 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.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

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

  • 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.

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

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • Maximum mass means the maximum mass stated by the vehicle manufacturer to be technically permissible (this mass may be higher than the "permissible maximum mass" laid down by the national administration).

  • Maximum Common Stock Issuance shall have the meaning specified in Section 2(H).

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • The market price per share of the Company s ordinary shares” means the trading value of the Company’s shares divided by the number of ordinary shares which have been traded on the SET during 15 consecutive Business Days (trading days of the SET) prior to the calculation date.

  • Maximum Line means $5,000,000, unless said amount is reduced pursuant to Section 2.6, in which event it means the amount to which said amount is reduced.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.