Aggregate payout limit definition

Aggregate payout limit means the maximum payout by a licen- see to one or more players as the result of winning wagers from a sin- gle deal of cards.
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Aggregate payout limit means a maximum table payoff amount that will be paid to two or more patrons as the result of winning wagers on any single call of the lottery scheme or hand of play. A gaming operator, with adequate disclosure, may pay smaller winning amounts in full, with the remaining winners sharing the aggregate payout.
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Related to Aggregate payout limit

  • Aggregate Payments as defined in Section 7.2.

  • Safe Harbor Amount means 2.99 times the Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • BENEFIT LIMIT means the total benefit allowed under this plan for a covered healthcare service. The benefit limit may apply to the amount we pay, the duration, or the number of visits for a covered healthcare service.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Final compensation of a member means: