Maximum definition

Maximum means an actual NAV figure of 110% of the Target NAV. In the event Granite elects to declare a special distribution in certain circumstances, the NAV per unit shall be adjusted by any cash component of such special distribution.

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Maximum means that the measured value of the quality characteristic or contaminant must not be greater than the release limit stated.

Maximum means the total discharge by weight, volume or concentration which cannot be exceeded during a 24-hour period.

Examples of Maximum in a sentence

• If under any circumstances whatsoever, interest in excess of the Maximum Rate is paid by the Company to the Buyer with respect to indebtedness evidenced by this Agreement, the Note and any document, agreement or instrument contemplated thereby, such excess shall be applied by the Buyer to the unpaid principal balance of any such indebtedness or be refunded to the Company, the manner of handling such excess to be at the Buyer’s election.

• If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Company.

• The issuance and sale of the Shares issuable pursuant to the applicable VWAP Purchase Notice shall not (a) exceed the applicable VWAP Purchase Maximum Amount, or (b) cause the Beneficial Ownership Limitation to be exceeded.

• By written notice to the Company, the holder of a Warrant may from time to time increase or decrease the Maximum Percentage applicable to such holder to any other percentage specified in such notice; provided, however, that any such increase shall not be effective until the sixty-first (61st) day after such notice is delivered to the Company.

• If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower.

More Definitions of Maximum

Maximum classification shall apply to those inmates who present a substantial risk to staff and the community.

Maximum performance means the highest possible achievement of the Performance Goal established by the Committee.

Maximum means, with respect to a Goal, the performance metric associated with that Goal under the column labeled “Maximum” on Exhibit A.

Maximum means a Performance level at or above which the amount paid or projected to be paid for an Award Period is equal to 300% of the Fund for the corresponding Group.

Maximum means the respective levels of performance outlined on the performance-based restricted stock unit information page on the website of the TPA for NCR.

Maximum percentage payment levels, as the case may be, in accordance with the terms and conditions of the Employer's 2001 Executive Bonus Plan, or (ii) with respect to subsequent calendar years, other annual incentive compensation as the Board of Directors of the Employer determines in its sole discretion to pay the Employee, payable in all cases on or around March 1 of the following year. The Employee will be entitled to participate in the 2001 Executive Bonus Plan as a Level 1

Maximum means the greatest sample value recorded during the designated monitoring period.