Limit definition

Limit means a limit per tonne gross weight of that part of the Goods in respect of which a claim arises.
Limit means the amount of coverage that applies.
Limit means taking a nondisciplinary action that alters the

Examples of Limit in a sentence

  • Each partial reduction in the Facility Limit shall be in a minimum aggregate amount of $5,000,000 or integral multiples of $1,000,000 in excess thereof, and, unless terminated in whole, the Facility Limit shall in no event be reduced below $100,000,000.

  • If PNC is a Committed Purchaser (and is not a Defaulting Purchaser) at the time of such request, the Seller shall request that PNC’s Commitment be increased such that PNC’s Commitment, expressed as a percentage of the Facility Limit, does not decrease as a result of the Seller’s requested increase in the Facility Limit, and PNC shall have the right (but no obligation) to increase its Commitment by such amount.

  • If the Seller elects to increase the Facility Limit in accordance with this clause (g), the Seller shall pay to each Purchaser an “Accordion Closing Fee” as set forth in the Fee Letter on the relevant Facility Increase Effective Date.

  • For the adoption of the borrower’s autonomous payment method, the borrower shall submit the Limit Usage Application Form, a description of the use of funds, and other materials required by the lender to the lender.

  • If otherwise agreed for a certain loan, the number of basis points to be added (subtracted) for the increased interest rate of that loan shall be subject to the record in the applicable Limit Usage Application Form.


More Definitions of Limit

Limit or "limitation" means nondisciplinary action placing either terms and conditions or restrictions or both upon a license:
Limit means the limit set by us for usage on the Card for cash withdrawal or purchase of goods and services, subject to the Available Funds. We may change the set limit on the Card at any time at our sole discretion.
Limit means a nondisciplinary action that is taken by the
Limit means amount of insurance.
Limit means the value of a quantity used in certain specified activities or circumstances that must not be exceeded;
Limit means a limit per tonne gross weight of that part of the Goods in respect of which a claim arises. “Loss” includes (without limitation) loss (including theft), destruction, damage, unavailability,
Limit means the applicable daily or transactional limit for usage of the Account, Debit Card, Transactions and all Banking Services as set by the Bank from time to time (subject to availability of funds in the Account), or where applicable to a transaction, the limit set by a relevant bank or institution.