APPLICABLE LIMITATION definition

APPLICABLE LIMITATION means each of:
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APPLICABLE LIMITATION means either of the following: (a) the limitation on annual compensation that may be recognized under a tax-qualified plan for benefit computation purposes pursuant to section 401(a)(17) of the Code; and (b) the maximum limitation on annual additions to a tax-qualified defined contribution plan pursuant to section 415(c) of the Code.
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APPLICABLE LIMITATION means any one of the following: (a) the maximum limitations on annual additions to a qualified defined contribution plan under Section 415(c) of the Code; (b) the maximum limitation on the annual amount of compensation that may, under Section 401(a)(17) of the Code, be taken into account in determining contributions to and benefits under qualified plans; and (c) the maximum limitation, under Section 402(g) of the Code, on pre-tax contributions that may be made to a qualified defined contribution plan; and (d) the maximum contribution permitted to a highly compensated employee as defined in Section 414(g) of the Code by Section 401(k)(3) of the Code for the plan year.
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Examples of APPLICABLE LIMITATION in a sentence

  • THIS SECTION 4.3 SHALL NOT APPLY AS SET FORTH IN, AND/OR SHALL BE LIMITED BY ANY APPLICABLE LIMITATION LISTED ON, EXHIBIT D.

  • MOKASOFT WILL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTIAL, CONSEQUENTIAL, OR EXEMPLARY LOSS OR DAMAGES WHICH MAY BE INCURRED BY YOU AS A RESULT OF USING THE WEBSITE OR APPLICATION, OR AS A RESULT OF ANY CHANGES, DATA LOSS OR CORRUPTION, CANCELLATION, LOSS OF ACCESS, OR DOWNTIME TO THE FULL EXTENT THAT APPLICABLE LIMITATION OF LIABILITY LAWS APPLY.

  • EMISSIONS FROM MALFUNCTIONING CONTROL EQUIPMENT OR PROCESS EQUIPMENT CAUSED EMISSIONS IN EXCESS OF APPLICABLE LIMITATION .

  • ANY PERSON (OTHER THAN CITY NATIONAL BANK AND ITS AFFILIATES) WHO ATTEMPTS TO BENEFICIALLY OWN PREFERRED SHARES IN EXCESS OF THE APPLICABLE LIMITATION MUST IMMEDIATELY NOTIFY THE CORPORATION IN WRITING.


More Definitions of APPLICABLE LIMITATION

APPLICABLE LIMITATION. PERIOD" Section 9.2(b)(iii)
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APPLICABLE LIMITATION means any of the following: (a) the limitation on annual compensation that may be recognized under a tax-qualified plan for benefit computation purposes pursuant to Section 401(a)(17) of the Code; (b) the maximum limitation on annual additions to a tax-qualified defined contribution plan pursuant to Section 415(c) of the Code; (c) the maximum limitation on annual elective deferrals to a qualified cash or deferred arrangement pursuant to Section 402(g) of the Code; (d) the annual limitation on elective deferrals under a qualified cash or deferred arrangement by highly compensated employees pursuant to Section 401(k) of the Code; and (e) the annual limitation on voluntary employee contributions by, and employer matching contributions for, highly compensated employees, pursuant to Section 401(m) of the Code.
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APPLICABLE LIMITATION means any one of the following: (a) the maximum limitation on annual benefits payable by the Retirement Plan (or a qualified defined benefit plan under section 415(b) of the Code); (b) the maximum limitation on annual additions to a qualified defined contribution plan under section 415(c) of the Code; (c) the maximum limitation on the aggregate projected annual benefits payable by qualified defined benefit plans and the annual additions to qualified defined contribution plans under section 415(e) of the Code, (d) the maximum limitation on the annual amount of compensation that may, under section 401(a)(17) of the Code,
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