term limit definition

term limit means the maximum period of time in respect of which work permits may be granted or renewed for a worker as prescribed in section 52(1) and (4);
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term limit means the maximum period of time in respect of which work
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term limit means the maximum period for which a person is permitted to hold or occupy any office or post, whether that period is fixed in relation to the person’s age or the length of time that he or she has occupied the office or post, or otherwise.
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More Definitions of term limit

term limit means $2,000,000.
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term limit. , subject to Clause 14.5, means any two Terms, with or without hiatus, that is to say, no Parsi can be a Trustee for more than an aggregate period of ten years, during his lifetime.
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Related to term limit

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $50,000,000 over (b) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.22.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Loan Limit means, at any time, the lesser of (a) the Total Commitment at such time and (b) the Borrowing Base at such time (including as it may be reduced pursuant to Section 2.14(h)).