Costs Limitation definition

Costs Limitation means the limitation setting out our maximum liability as to costs (including profit costs, Disbursements and Counsels’ fees but excluding VAT and the costs of Assessment) imposed by the Director, and described as an Upper Limit in respect of a Representation Order granted in respect of Prescribed Proceedings in the Crown Court;
View Source

Examples of Costs Limitation in a sentence

  • The Trust shall reimburse Guggenheim Funds Distributors, Inc., for expenses incurred in connection with its distribution assistance in connection with the sale of the Common Shares, an amount equal to the lesser of (y) 0.15% of the Aggregate Offering Price and (z) the positive amount by which the Offering Cost Limitation exceeds the actual offering costs of the Trust; or, if the actual offering costs of the Trust are equal to or greater than the Offering Costs Limitation, zero.

  • The Fund shall pay Claymore Securities, Inc., in connection with its distribution assistance in connection with the sale of the Common Shares, an amount equal to the lesser of (y) 0.10% of the Aggregate Offering Price and (z) the positive amount by which the Offering Cost Limitation exceeds the actual offering costs of the Fund; or, if the actual offering costs of the Fund are equal to or greater than the Offering Costs Limitation, zero.