Hard Cap definition

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 an amount equal to the lesser of (x) 170% of the Purchase Price and (y) the Put/Call Price.
Hard Cap means one hundred eighty five percent (185%) of the Investment Amount.

Examples of Hard Cap in a sentence

  • Employees who enroll in a HSA plan will have the total annual employer Hard Cap contribution shall be paid towards the cost of the insurance medical plan premium.


More Definitions of Hard Cap

Hard Cap has the meaning given in Condition 2(a).
Hard Cap means two hundred fifty percent (250%) of the Investment Amount.
Hard Cap means one hundred ninety five percent (195%) of the Investment Amount.
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 means the percentage based Investment Amounts, as set forth in the chart below: ​ ​ ​ Received by:Specified Percentage for Hard Cap [***] 2028 185% [***] 200% [***] 225% [***] 2032 250% ​
Hard Cap means, as of any time of determination, the amount equal to one hundred seventy-five percent (175%) of the Investment Amount.
Hard Cap means an amount equal to the product of the Purchase Price multiplied by 1.75 (one point seven five or one and three quarters).