Lesser of definition

Lesser of. Principle means that two corresponding Nominations - one Nomination in the Transmission System (sent by the Storage Customer to the System Operator) and one in the Storage Point (sent by the Storage Customer to GSD), are reduced to the lesser of the two Nominations by Matching between the System Operator and GSD, insofar the two Nominations are unequal in size.
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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.
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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.
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Examples of Lesser of in a sentence

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

  • 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.

  • 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.

  • Lesser of line A.3 or the sum of line A.4 and any positive adjustment on line A.2 6.

  • 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.

  • 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.

  • 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.

  • Monthly Premium Cost payable to the Insurance Provider of your choice TDSB Funding (Payment-in-lieu reimbursement) Maximum (2020-2021) 50% of the Actual Premium Cost TDSB Actual Payout = the Lesser of (a) or (b) Scenario 1$300.00$248.78*$150.00$150.00Scenario 2$500.00$248.78*$250.00$248.78 *Please note: the maximum reimbursement amount listed above is subject to change upon ratification of the local collective agreement and any retroactive payments will be processed accordingly.

  • Prevocational services Fee schedule County contract rate or, in absence of a contract rate, effective 7/1/13: Lesser of provider’s rate in effect 6/30/13 plus 3%, $50.66 per day or $13.87 per hour.

  • For mental retardation waiver: 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
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Related to Lesser of

  • 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.

  • 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).

  • 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"):