Aggregate Limit definition

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, 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 Employees for the Plan Year, or the ACP of Non-Highly Compensated Employees under the Plan subject to Code Section 401(m) for the Plan Year beginning with or within the Plan Year of the CODA, and (ii) the lesser of 200% of, or two plus, the lesser of the ADP or ACP. "Lesser" is substituted for "greater" in clause (i) of the preceding sentence, and "greater" is substituted for "lesser" after the phrase "two plus the" in clause (ii) of the preceding sentence, if that formulation will result in a larger Aggregate Limit.

Examples of Aggregate Limit in a sentence

  • The Aggregate Limit is the most we will pay for the sum of all damages and “claims expenses”.

  • Our total liability for all claims arising under Section 8 – Political and Natural Disaster Evacuation, in respect of any one insurable event or series of events arising out of any one occurrence during the Period of Insurance shall not exceed the amount shown in the Policy Schedule – Aggregate Limit of Liability Political & Natural Disaster Evacuation.

  • An Aggregate Limit of Liability is the maximum amount We will pay for all claims arising during one Policy Period.

  • Each Occurrence Limit $1,000,000General Aggregate Limit $2,000,000Products / Completed Operations $1,000,000Personal / Advertising Injury $1,000,000Damage to rented Premises $300,000Medical 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 this Agreement.

  • Aggregate Limit Of Liability(a) Except as provided under 4.(b), Our total liability for all claims arising during any one Policy Period will not exceed the amount shown in the Policy Schedule.


More Definitions of Aggregate Limit

Aggregate Limit shall have the meaning assigned to such term in Section 2.1.
Aggregate Limit means the greater of:
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.
Aggregate Limit means the greater of (A) or (B) where (A) is the sum of (i) 125 percent of the greater of the ADP of the Non-highly Compensated Employees for the Plan Year or the ACP of Non-highly Compensated Employees under the Plan subject to Section 401(m) of the Code for the Plan Year beginning with or within the Plan Year of the CODA and (ii) the lesser of 200% or two plus the lesser of such ADP or ACP and where (B) is the sum of (i) 125 percent of the lesser of the ADP of the Non-highly Compensated Employees for the Plan Year or the ACP of Non-highly Compensated Employees under the Plan subject to Section 401(m) of the Code for the Plan Year beginning with or within the Plan Year of the CODA and (ii) the lesser of 200% or two plus the greater of such ADP or ACP.
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 the sum of (i) one hundred twenty-five percent (125%) of the greater of the Actual Deferral Percentage of the Participating Employees who are not Highly Compensated Employees for the Plan Year or the Actual Contribution Percentage of Participating Employees who are not Highly Compensated Employees under the Plan subject to Code Section 401(m) for the Plan Year beginning with or within the Plan Year of the cash or deferred arrangement and (ii) the lesser of two hundred percent (200%) or two (2) plus the lesser of such Actual Deferral Percentage or Actual Contribution Percentage. "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.