Creation Limits definition

Creation Limits means the limits under the Facility Agreements on creation of
Creation Limits means the limits under each Facility Agreement on creation of
Creation Limits means the limits on Creation set out in paragraph 18 of Schedule 6;

Examples of Creation Limits in a sentence

  • For the purposes of the Creation Limits, Applications will be dealt with in order of their actual receipt by CSL and, for the purpose of this paragraph, paragraph 3 above shall be disregarded.

  • For the purposes of the Creation Limits, Applications will be dealt with in order of their actual receipt by HCSL and, for the purpose of this paragraph, paragraph 3 above shall be disregarded.

  • For the purposes of the Creation Limits, Applications will be dealt with in order of their actual receipt by FXL (in the case of Index Applications) or deemed receipt by FXL in the case of Agreed Applications.

  • For the purposes of the Daily Creation Limits, Applications will be dealt with in order of their actual receipt by HMSL and, for the purpose of this paragraph, paragraph 3 above shall be disregarded.

  • For the purposes of the Creation Limits, Creation Notices will be dealt with in order of their actual receipt by the Commodity Contract Counterparty and, for the purpose of this paragraph, paragraph 3 above shall be disregarded.

Related to Creation Limits

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Deduction Limitation means the following described limitation on a benefit that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise provided, this limitation shall be applied to all distributions that are "subject to the Deduction Limitation" under this Plan. If an Employer determines in good faith prior to a Change in Control that there is a reasonable likelihood that any compensation paid to a Participant for a taxable year of the Employer would not be deductible by the Employer solely by reason of the limitation under Code Section 162(m), then to the extent deemed necessary by the Employer to ensure that the entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in Control is deductible, the Employer may defer all or any portion of a distribution under this Plan. Any amounts deferred pursuant to this limitation shall continue to be credited/debited with additional amounts in accordance with Section 3.6 below, even if such amount is being paid out in installments. The amounts so deferred and amounts credited thereon shall be distributed to the Participant or his or her Beneficiary (in the event of the Participant's death) at the earliest possible date, as determined by the Employer in good faith, on which the deductibility of compensation paid or payable to the Participant for the taxable year of the Employer during which the distribution is made will not be limited by Section 162(m), or if earlier, the effective date of a Change in Control. Notwithstanding anything to the contrary in this Plan, the Deduction Limitation shall not apply to any distributions made after a Change in Control.

  • Concentration Limitations Limitations satisfied on each Measurement Date on or after the Effective Date and during the Reinvestment Period if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation, owned and proposed to be owned) by the Issuer comply with all of the requirements set forth below (or in relation to a proposed purchase after the Effective Date, if any such requirement is not satisfied, the level of compliance with such requirement is maintained or improved after giving effect to the purchase), calculated in each case as required by Section 1.3 herein:

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Plan Limit means the maximum aggregate number of Shares that may be issued for all purposes under the Plan as set forth in Section 5(a) of the Plan.