Lesser of definition

Lesser of. Principle means that two Nominations (one Nomination in the Transmission System and one in the Storage Point) are reduced to the lesser of the two Nominations by Matching between Energinet Gas TSO and GSD, insofar the two Nominations are unequal in size, cf. Clause 7.6.
Lesser of. Principle means that two nominations (one nomination in the Transmission System and one in the Storage Point) are reduced to the lesser of the two nominations by Matching if they are unequal in size.
Lesser of. Principle means that two Nnominations (one Nnomination in the Transmission System and one in the Storage Point) are reduced to the lesser of the two Nnominations by Matching between Energinet Gas TSO and GSD, insofar the two Nominations if they are unequal in size, cf. Clause 7.6.

Examples of Lesser of in a sentence

The Turnover Ratio = Lesser of purchases or sales of underlying investments of a scheme expressed as a percentage of daily average net asset value.

If no 6/30/16 rate: Lesser of maximum Medicare ratein effect 6/30/16 plus 1%, converted to a 15-minute rate, or maximum Medicaid rate in effect 6/30/16 plus 1%, converted to a 15-minute rate,not to exceed $315.09 per day.Group respite Fee schedule Effective 7/1/16, provider’s rate in effect 6/30/16 plus 1%, converted to a 15-minute rate.

LATE ENROLLEE The Lesser of: 1) 70% of Pre-Disability Earnings; or 2) $1,000.

Interim medical monitoring and treatment:Fee schedule Fee schedule in effect 7/1/16.Home health agency (provided by home health aide)Cost-based rate for home health aide services provided by a home health agencyEffective 7/1/16: Lesser of maximum Medicare rate in effect 6/30/16 plus 1%,converted to a 15-minute rate, or maximum Medicaid rate in effect 6/30/16 plus 1%, converted to a 15-minute rate.

If no 6/30/16 rate: Lesser of maximum Medicare ratein effect 6/30/16 plus 1%, converted to a 15-minute rate, or maximum Medicaid rate in effect 6/30/16 plus 1%, converted to a 15-minute rate,not to exceed $315.09 per day.Effective 7/1/16, provider’s rate in effect 6/30/16 plus 1%, converted to a 15-minute rate.

Provider category Basis of reimbursement Upper limitHome health agency (provided by nurse)Cost-based rate for nursing services provided by a home health agencyEffective 7/1/16: Lesser of maximum Medicare rate in effect 6/30/16 plus 1%,converted to a 15-minute rate, or maximum Medicaid rate in effect 6/30/16 plus 1%, converted to a 15-minute rate.Child development home or centerFee schedule Effective 7/1/16, provider’s rate in effect 6/30/16 plus 1%, converted to a 15-minute rate.

Residential Use Lesser of 10% of the lot area or 75% of the building footprint of the residence located on the lot cumulatively for all residential accessory buildings.

Residential Use Lesser of 5m in building height or the established building height of the residence located on the lot.

The exercise price of the stock options are as follows: Year 1 – Lesser of $.20 or 50% of market.

Lesser of maximum Medicare rate in effect 6/30/08 plus 1% or maximum Medicaid rate in effect 6/30/08 plus 1%, converted to an hourly rate.


More Definitions of Lesser of

Lesser of means that the member pays the cost of the drug or $10, whichever is less! If the network contracted rate (NCR) for the drug is $2.22, that

Related to Lesser of

Total Outstanding Amount means, at any time, the sum of (i) the aggregate outstanding principal amount of the Loans (including both Committed Loans and Competitive Bid Loans) and (ii) the aggregate Letter of Credit Liabilities of all Banks determined at such time after giving effect, if one or more Loans are being made at such time, to any substantially concurrent application of the proceeds thereof to repay one or more other Loans.
Advance Amount means, at any date of determination, subject to Section 1.8, the lower of (i) the Senior Advance Amount calculated using the Moody's Valuation Procedures and (ii) the Senior Advance Amount calculated using the S&P Valuation Procedures.
Broken Amount means, with respect to any Interest Payment Date (in the case of Fixed Rate/Fixed Rate Notes and Fixed Rate/Floating Rate Notes, falling on or prior to the Reset Date and the Floating Rate Commencement Date, respectively), the broken amount specified as payable on such Interest Payment Date in the relevant Pricing Supplement.
Amount means, in relation to gas, the energy content thereof expressed in therms or kilowatt hours; except with effect from 1st January 2000 it means the said content expressed in kilowatt hours;
Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).
Difference means in an FX and CFD the difference in price upon the opening of a Transaction and the closing of such Transaction.
Wind-Down Amount means Cash in an amount set forth in the Wind-Down Budget to be determined by the Debtors, with the consent of the Required Consenting Term Lenders, which amount shall be funded by the Debtors and used by the Plan Administrator to fund the Wind Down.
Outstanding Amount means the aggregate principal amount of all Notes, or class of Notes, as applicable, Outstanding at the date of determination.
Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):
Reference value means a value traceable to a national standard. See Figure 1.
Utilization Percentage means, as of any time for the determination thereof, the percentage obtained by dividing the aggregate Outstanding Credits by the aggregate Commitments then in effect.
Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).
Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.
Maximum Facility Amount means $150,000,000.
Aggregate means the sums expended or to be expended for the provision or performance of any goods or services in connection with the same immediate purpose or task, or the furnishing of similar goods or services, during the same contract year through a contract awarded by a purchasing agent.
New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.