Lower Limit definition

Lower Limit means that number calculated by the formula P - e (where e is the error determined from tables 4-53) and designated as L.

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Lower Limit means, in respect of any relevant Range Accrual Day, the limit specified in the applicable Final Terms.

Lower Limit for any Contract means a price of ten per cent (10%) or such other percentage as the Exchange may prescribe from time to time below the settlement price at the close of the previous Trading Day for the Contract.

Examples of Lower Limit in a sentence

• Seller shall make a payment to Buyer (the “SDD Administrative Charge”) for each Settlement Interval in a month if Metered Energy (i) exceeds the Performance Tolerance Band Upper Limit or (ii) is less than the Performance Tolerance Band Lower Limit, in any Settlement Interval.

• An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval.

• Substitute the correct Lower Limit and Upper Limit in the table above to determine deductibility in any particular year.

• The Lower Limit and Upper Limit for these years are shown in the following table.

• Limits of accuracy for quantities in Schedule of Rates: (Clause 12.23(c)) Upper Limit: (115% unless otherwise stated) Lower Limit: (85% unless otherwise stated) Facilities and infrastructure accounting (additional): (Clause 12.21(b)) CLAUSE 13 – COMPLETION Liquidated damages payable by Contractor when Date of Completion occurs after Date for Completion: (Clause 13.7) If there are no Stages, for the Works is: $ per day.

More Definitions of Lower Limit

Lower Limit means the percentage or number specified as such in the relevant Final Terms;

Lower Limit means, with respect to an Interest Accrual Period, the percentage or number specified as such in the relevant Final Terms;

Lower Limit means the percentage specified as such in the applicable Final Terms;

Lower Limit means the percentage or number specified as such in the applicable Final Terms;

Lower Limit means an amount equal to Target Working Capital minus $1,500,000.

Lower Limit means NEGATIVE $65,100,000.

Lower Limit means, in respect of each Interest Determination Date and the related Observation Date, the figure specified in the table under the definition of "Barrier" above, in the column entitled "Barrier (k)" in the row corresponding to the date on which the related Observation Date is scheduled to fall.