Sub-Limit definition

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

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Sub-Limit means a cost sharing requirement under a policy in which an insurer would not be liable to pay any amount in excess of the pre-defined limit. As specified in the Certificate of Insurance a sublimit can also be interpreted in time – hours/days

Sub-Limit means the sub-limit which you have assigned to the Cardholder, if applicable, from the Credit Limit, provided the aggregate of all Sub-Limits does not exceed the Credit Limit.

Examples of Sub-Limit in a sentence

• The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000.

• Each Issuing Bank agrees, subject to the terms and conditions herein, to issue Letters of Credit in an amount not to exceed the LC Sub-Limit in the aggregate.

• Such interest charge shall be included in the Per Company Sub-Limit of Liability set forth on Schedule A.

• Aggregate Sub-Limit 5 Balance For all Funded Systems, the amount by which the Advance Rate adjusted DSAB from Sub-Limit 5 Assets exceeds 50% of the Advance Rate adjusted DSAB from all Eligible Systems which are Commercial Systems.

• Sub-Limit 5 Assets Commercial Systems contracted with a Shadow Rated Commercial Host Customer shall be “Sub-Limit 5 Assets”.

More Definitions of Sub-Limit

Sub-Limit means a cost sharing requirement under a health insurance policy in which an insurer wouId not be Iiable to pay any amount in excess of the pre-defined Iimit.

Sub-Limit means any credit sub-limit which you have assigned to a Cardholder’s Sub-Card Account, which forms part of the Credit Limit;

Sub-Limit. The composition of Purchased Assets subject to this Agreement at all times meet the following sub-limits, and no Market Value shall be ascribed to any Purchased Asset to the extent that it violates any of the following sub-limits as of each related date of the determination thereof:

Sub-Limit. The composition of Purchased Assets transferred to Buyer shall at all times meet the following sublimit caps, and no Market Value shall be ascribed to any Purchased Assets:

Sub-Limit means any of the Web-Ink Sub-Limit, the Second Lien --------- Sub-Limit, the Second Lien CLTV Sub-Limit, the Mortgage Loan Sub-Limit, the Jumbo Sub-Limit, the Jumbo(500) Sub-Limit, the Jumbo(750) Sub-Limit at any time, and the C/C- Credit Sub-Limit.

Sub-Limit means and include each of the Acquisition Sub-Limit and the Working Capital Sub-Limit.

Sub-Limit means the maximum amount the Insured(s) can collect under a specified section of the Policy.