Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.
FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.
Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and
Formula Amount shall have the meaning set forth in Section 2.1(a).
Upper payment limit means the maximum ceiling imposed by