Exceeding Amount definition

Exceeding Amount means the amount calculated by the Factor on each date an Assignment is made pursuant to the Agreement and which shall be equal to:
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Examples of Exceeding Amount in a sentence

  • The Employee shall contribute in respect of such Bituach Menahalim a monthly amount equal to five percent (5%) of the Exceeding Amount as compensatory payments.

  • Any part of the Purchase Price or the Exceeding Amount in default shall bear interest at a rate of 3-Months-LIBOR plus 4,0 % p.a.

  • It is further clarified that 14.83% of the Exceeding Amount (representing Company's part in respect of severance and pension related contributions) shall be added to the Salary instead of being deposited into the relevant funds.

  • The Section 14 Arrangement (with respect to the Insured Salary) and the above approval under Section 28 of the Severance Pay Law (with respect to the Exceeding Amount), constitute the full entitlement, if any, of Executive to any severance pay under any applicable law.

  • It is hereby clarified that the amount equals to the difference between the Salary and the Insured Salary (the "Exceeding Amount") shall be deemed to include severance pay, and no contributions shall be made on the basis thereof.

Related to Exceeding Amount

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • amount when used in regard to securities, means the principal amount if relating to evidences of indebtedness, the number of shares if relating to capital shares and the number of units if relating to any other kind of security.