Security cap definition

Security cap means secure protection of the top of a room or space with concrete, sheet metal, or security ceiling as specified in this chapter to complete the secure encapsulation of the room or space.
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Security cap means a Fire Department Connection (FDC) Plug and Cap approved for use in the City of Adel by the Fire Official utilizing 2 ½” National Standard thread pattern.
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Examples of Security cap in a sentence

  • The premium payment of 0.8% of the employee’s wage (up to the Social Security cap) is to be assessed for each employee in the bargaining unit commencing January 1, 2023; and, of this 0.40% premium payment to the State, the employee is required to pay 72.76% and the City is required to pay 27.24% of this total premium per pay period.

  • The employer’s premium is 36.667% of the 0.4% of each Full Time Faculty’s gross wages, up to the Social Security cap, Full Time Faculty are responsible for the 63.333% of the premium.

  • The premium payment of 0.40% of the employee’s wage (up to the Social Security cap) is to be assessed for each employee in the Local commencing January 1, 2020; and, of this 0.40% premium payment to the State, the employee is required to pay 63.33% and the County is required to pay 33.67% of this total premium per pay period.

  • Premiums for benefits are established by law and for the period ending in December 31,2020, will total four-tenths of one percent (0.4%) of employees’ wage up to the Social Security cap ($132,900 for 2019).

  • Example calculation for yearly premium:$50,000 per year gross wages X 0.4% = $200 per year Employee portion: $100 per yearEmployer portion: $100 per yearThe premium withholdings are capped at the Social Security cap, $132,900 in 2019.

  • Moreover, US earnings records are censored at Social Security cap, while the Italian data set is not subject to top-coding.given worker/firm/year observation.

  • The premium payment of 0.40% of the employee’s wage (up to the Social Security cap) is to be assessed for each employee in the Local commencing January 1, 2020; and, of this 0.40% premium payment to the State, the employee is required to pay 63% and the County is required to pay 37% of this total premium per pay period.

  • The hourly amount of the gratuity is set at 15 % of the hourly Social Security cap defined pursuant to Article L.241-3 of the Social Security code.

  • Social Security benefits, P(y~ ), are linked to one's realized average annual earnings y~ , up to a Social Security cap y~c , and are financed through a labor income tax τs.

  • It may change over time, but under current law the total rate cannot go over 1.2% of wages up to the Social Security cap.

Related to Security cap

  • Security Amount means an amount equal to:

  • Security freeze means a notice, at the request of the consumer and subject to certain exceptions,

  • Security Limits means operating electricity system voltage limits, stability limits and thermal ratings.

  • Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 100% of the Fronting Exposure of the Issuing Lenders with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount reasonably determined by the Administrative Agent and the Issuing Lenders in their sole discretion.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • Security Control means a safeguard or countermeasure prescribed for an information system or an organization designed to protect the confidentiality, integrity, and availability of its information and to meet a set of defined security requirements.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Initial Collateral Amount means $1,000,000,000, which equals the sum of (i) the Class A Note Initial Principal Balance, (ii) the Class B Note Initial Principal Balance, (iii) the Class C Note Initial Principal Balance and (iv) the Initial Excess Collateral Amount.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Maximum Collateral Amount The sum of the Principal Balance as of the Cut-off Date of the Initial Mortgage Loans and the Original Pre-Funded Amount.

  • Security Code means a sequence of numbers and/or letters or such other codes or procedures, whether generated by a Security Mechanism or otherwise, for use in connection with access to and/or use of the EB Services;

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Security Deposit Account has the meaning given in Section 2.3.

  • Security Codes are the credentials (such as codes and passwords) that are associated with you and used by us to verify the authenticity of Communications from you. Security Codes are used to access Accounts and to use the Services. The Security Codes include any supplemental or alternative method used to verify the authenticity of Communications that may be offered or presented to you by us from time to time. • “Service(s)” and “Online Banking” are the online banking interface and the banking services described in this Agreement.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).