Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.
Aggregate Limit means for any Tax Year during the term of this Agreement, the cumulative total of the Annual Limit amount for such Tax Year and all previous Tax Years during the term of this Agreement, less all amounts paid by the Applicant to or on behalf of the District under Article VI for all Tax Years during the term of this Agreement that are prior to such Tax Year.
Aggregate Limit means, for any Tax Year during the term of this Agreement, an amount equal to the Net Tax Benefit to the Applicant.
Examples of Aggregate Limit in a sentence
Each Occurrence Limit $1,000,000 General Aggregate Limit $2,000,000 Products / Completed Operations $1,000,000 Personal / Advertising Injury $1,000,000 Damage to rented Premises $300,000 Medical Payments $5,000 The required commercial general liability policy will be issued on a form that insures Respondent’s or its subcontractors’ liability for bodily injury (including death), property damage, personal and advertising injury assumed under the terms of any resultant agreement.
More Definitions of Aggregate Limit
Aggregate Limit means the greater of:
Aggregate Limit means a provision in an insurance contract limiting the maximum liability of an insurer for a series of losses in a given time period such as the policy term.
Aggregate Limit means, for any year of this Agreement, the total of the Annual Limit amount for the current year and all previous years of the Agreement, less amounts paid by the Applicant to or on behalf of the District under Article 4.
Aggregate Limit means, for any Tax Year during the Tax Limitation Period of this Agreement, an amount equal to the Net Tax Benefit to the Applicant.
Aggregate Limit means the sum of (i) 125% of the greater of the ADP of the non-highly compensated participants for the plan year or the ACP of the non-highly compensated participants under the plan subject to Section 401(m) of the Code for the plan year beginning with or within the plan year of the cash or deferred arrangement, as described in Section 401(k) of the Code ("CODA"), and (ii) the lesser of 200% or two plus the lesser of such ADP or ACP. "Lesser" is substituted for "greater" in "(i)", above, and "greater" is substituted for "lesser" after "two plus the" in "(ii)" if such substitutions would result in a larger aggregate limit.
Aggregate Limit means the sum of (i) 125 percent of the greater of the ADP of the NHCEs for the Plan Year or the ACP of such NHCEs under the plan subject to Code Section 401(m) for the Plan Year beginning with or within the prior Plan Year of the cash or deferred arrangement and (ii) the lesser of 200% or two plus the lesser of such ADP or ACP. "Lesser" is substituted for "greater" in (i) above, and "greater" is substituted for "lesser" after "two plus the" in (ii) above if it would result in a larger Aggregate Limit. If the Employer has elected in the Adoption Agreement to use the Current Year Testing method, then in calculating the "Aggregate Limit" for a particular Plan Year, the NHCEs ADP and ACP for that Plan Year, instead of the prior Plan Year, is used.
Aggregate Limit means the maximum liability of an insurer regardless of the number of claims during the policy term;