Hard Cap definition

Hard Cap means one hundred eighty five percent (185%) of the Investment Amount.
Hard Cap means the maximum amount of money equivalent (in Bermuda dollars) that the digital asset issuance is intended to raise by reference to the number of digital assets, above which amount no further digital assets shall be offered by the issuer via its digital asset issuance;
Hard Cap means two hundred sixty percent (260%) of the Investment Amount.

Examples of Hard Cap in a sentence

  • The remainder of the total annual employer Hard Cap contribution shall be paid towards the cost of the MESSA medical plan premium.

  • The annual Employer paid amounts shall adjust at the beginning of each plan year (July 1 through June 30), at 90% of the maximum State Hard Cap permitted by Section 3 of the Publicly Funded Health Insurance Contribution Act (PA 152).

  • Should the premium be below the Hard Cap, the employee is entitled to compensation equal to the difference between the employer’s maximum contribution and the premium of the plan they elected.

  • The remaining annual cost for the member’s elected medical plan premiums and the pre-funded balance that exceeds the Hard Cap amounts, if applicable, shall be paid by the member and will be payroll deducted in equal bi-weekly amounts through a qualified Section 125 Plan.

  • For the duration of this Agreement, the City shall continue to enforce the Hard Cap under Public Act (PA) 152.


More Definitions of Hard Cap

Hard Cap means - a strict limit or ceiling imposed by Licensees on mobile data allowances 1 beyond which, the consumer cannot consume additional mobile data without the consumer taking specific actions as set out further in these Regulations.
Hard Cap has the meaning given in Condition 2(a).
Hard Cap means an amount equal to the lesser of (x) 170% of the Purchase Price and (y) the Put/Call Price.
Hard Cap means two hundred fifty percent (250%) of the Investment Amount.
Hard Cap means an amount equal to the product of (i) the Funded Amount, multiplied by (ii) 1.75. “Healthcare Laws” shall mean, collectively, all Laws regulating the distribution, dispensing, importation, exportation, quality, manufacturing, labeling, promotion and provision of and payment for drugs, medical devices, medical or healthcare products, items and services, including, the Health Insurance Portability and Accountability Act of 1996, as amended (“HIPAA”); 42 U.S.C. § 1320a-7b (Criminal Penalties Involving Medicare or State Health Care Programs), commonly referred to as the “Federal Anti-Kickback Statute”; 42 U.S.C. § 1320a-7h (the Physician Payment Sunshine Act); the FD&C Act;; and all rules and regulations promulgated under or pursuant to any of the foregoing, including any non-U.S. equivalents. “Hedging Agreement” shall mean any interest rate exchange agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement. Notwithstanding anything to the contrary in the foregoing, neither any Permitted Bond Hedge Transaction nor any Permitted Warrant Transaction shall be a Hedging Agreement. “Holdings” shall have the meaning set forth in the first paragraph hereof. “HIPAA” shall have the meaning set forth in the definition of “Healthcare Laws.” “IND” shall mean an investigational new drug application submitted to the FDA pursuant to 21 C.F.R. Part 312 for allowance to initiate human clinical trials in the United States, or any equivalent application submitted to a Governmental Authority outside of the United States, including all amendments that may be submitted with respect to the foregoing. “Indebtedness” of any Person shall mean, without duplication, (i) all obligations of such Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or similar instruments, (iii) all obligations of such Person upon which
Hard Cap means an amount equal to the product of (i) the Purchase Price and (ii) the applicable Hard Cap Percentage.
Hard Cap is defined in the definition of “Cap”. “Improvements” means any improvement, invention or discovery relating to the Product (other than with respect to a new composition of matter), including the formulation, or the method of manufacture of the Product. “In-License” means any license, settlement agreement or other agreement or arrangement between the Seller or any of its Affiliates and any Third Party pursuant to which the Seller or any of its Affiliates obtains a license or a covenant not to sue or similar grant of rights to any Patents or other intellectual property rights of such Third Party that is necessary for or used in the research, development, manufacture, use or Commercialization of the Product. “Indebtedness” of any Person means any indebtedness for borrowed money, any