Statutory Minimums definition

Statutory Minimums means prohibitions of Law against the distributions or dividends due to surplus, minimum capital, thin capitalization or similar requirements.
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Statutory Minimums means sufficient capital to meet requirements of Law regarding minimum capital, thin capitalization, maintenance of capital or similar requirements.
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Statutory Minimums means the statutory minimum of one million five hundred thousand dollars of annual payroll in accordance with division (A)(5))(b) of section 122.175 of the Revised Code and one hundred million dollars of capital investment in the project as set forth in division (A)(5)(a) of section 122.175 of the Revised Code.
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Examples of Statutory Minimums in a sentence

  • United States, 564 U.S. 319 (2011) (discussing these statutory provisions).Guidelines and Statutory Minimums.

  • NOW: ITV, Cam Mac, RSC, some SOLT & UK Theatre Managers People’s: ATG, NT of Scotland, some SOLT & UK Theatre Managers WHO PAYS WHAT?Current and typical examples: The EPS percentages are of your engagement, episode or weekly fee (caps apply) and contributions start from day one of your engagement.The Maze percentages are based upon the Statutory Minimums imposed by the legislation which is on your annualised salary between £6,136 and£50,000 (2019-20).

  • In section 3.6 - Mandatory Minimums and Statutory Minimums - the paragraph addressing offenses with statutory minimum sentences that are higher than the top of the Guidelines range was changed from an offense specific provision to a general rule.

  • The revised and merged section now reads: 3.6 Mandatory Minimums and Statutory Minimums In this Manual we refer to mandatory minimum and statutory minimum terms of imprisonment.

  • Appendix B: Federal safety valve statuteThe federal safety valve applies to drug offenses only.under the sentencing guidelines;(2) the defendant did not use violence or credible threats of violence or possess a firearm or other dangerous weapon (or induce another participant to do so) in connection with the offense; 18 U.S.C. § 3553(f) (f) Limitation on Applicability of Statutory Minimums in Certain Cases.

  • During long periods of emergency arrangements, annual leave beyond the Statutory Minimums may be paid in lieu subject to financial resources.

  • Each of the Purchased Entities are being transferred with capital at least equal to any applicable Statutory Minimums.

  • Levine, The Confounding Boundaries of “Apprendi-Land”: Statutory Minimums and the Federal Sentencing Guidelines, 29 AM.

  • Procurement of Professional Services Less Than the Statutory Minimums When licensed professional services are required for a project where the estimated construction cost and fees are is less than the statutory minimums provided by subsection(1) of Neb.

  • Levine, The Confounding Boundaries of “Apprendi-Land”; Statutory Minimums and the Federal Sentencing Guidelines, 29 AM.


More Definitions of Statutory Minimums

Statutory Minimums means the statutory minimum of $1,500,000 of annual payroll in accordance with division (A)(5))(b) of section 122.175 of the Revised Code and
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Statutory Minimums means prohibitions of Law against the distributions or dividends due to surplus, minimum capital, thin capitalization or similar requirements. “Straddle Period” shall have the meaning set forth in Section 7.3(a).
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Related to Statutory Minimums

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

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

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Statutory Rape means sexual intercourse with a person who is under the statutory age of consent.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Minimum Qualifications Qualifications mandated for the position and which must be possessed by an employee before the employee can be considered for employment in a specific classification.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Minimum qualifications” are qualifications mandated for the position and which must be possessed by a Unit Member before the individual can be considered for employment in a specific classification.

  • Minimum data set means the data required by the Australian Government from Community Care service outlets, in the form prescribed by the Australian Government, which data is shared with the Queensland Government;

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Statutory Plans means statutory benefit plans which a Party or any of its subsidiaries is required to participate in or comply with or in respect of which any of them has an actual or potential liability, including the Canada Pension Plan and Quebec Pension Plan and plans administered pursuant to applicable health, tax, workplace safety insurance and employment insurance legislation;

  • Statutory Requirements means all approvals, consents, permits, or licences necessary for the purposes of the Project from the State, any government department, authority, instrumentality or local government authority, and includes, without limiting the generality of the foregoing, all approvals, consents, permits, and licences, for engineering drawings, construction plans, earthworks and structures necessary for the purposes of the Project;

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Trade Price means the lowest 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;

  • Established geographic service area means a geographic area, as approved by the Commissioner and based on the carrier's certificate of authority to transact insurance in this state, within which the carrier is authorized to provide coverage;

  • Actual Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants, without giving effect to any limits on the number of shares of Common Stock that may be owned by a Holder at any one time.

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • exclusive economic zone ’ means the zone established by Presidential Proclamation Numbered 5030, dated March 10, 1983, including the ocean waters of the areas referred to as ‘‘eastern special areas’’ in Article 3(1) of the Agreement between the United States of America and the Union of Soviet Socialist Re- publics on the Maritime Boundary, signed June 1, 1990;

  • Statutory Reserves means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board and any other banking authority, domestic or foreign, to which the Administrative Agent or any Lender (including any branch, Affiliate or other fronting office making or holding a Loan) is subject for Eurocurrency Liabilities (as defined in Regulation D of the Board). Eurodollar Loans shall be deemed to constitute Eurocurrency Liabilities (as defined in Regulation D of the Board) and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D. Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.