MAXIMUM PERMISSIBLE definition

MAXIMUM PERMISSIBLE. AMOUNT The maximum Annual Addition that may be contributed or allocated to a Participant's account under the plan for any Limitation Year shall not exceed the lesser of: (a) the Defined Contribution Dollar Limitation, or (b) 25% of the Participant's Compensation for the Limitation Year. The Compensation limitation referred to in (b) shall not apply to any contribution for medical benefits [within the meaning of Code Section 401(h) or Code Section 419A(f)(2)] which is otherwise treated as an Annual Addition under Code Section 415(l)(1) or 419(d)(2). If a short Limitation Year is created because of an amendment changing the Limitation Year to a different 12-consecutive month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the number of months in the short Limitation Year divided by 12.
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MAXIMUM PERMISSIBLE. AMOUNT shall have the meaning assigned to it by Section 4.11.
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Examples of MAXIMUM PERMISSIBLE in a sentence

  • THE RIGHTS AND DUTIES OF THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS UNDER THIS AGREEMENT AND THE NOTES (INCLUDING MATTERS RELATING TO THE MAXIMUM PERMISSIBLE RATE), AND THE OTHER LOAN DOCUMENTS SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401, BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

  • Table 100-6 - MAXIMUM PERMISSIBLE DEFLECTION FOR LAYING MECHANICAL JOINT PIPE Nom.

  • Table 100-8 - *MAXIMUM PERMISSIBLE DEFLECTION FOR LAYING CONCRETE CYLINDER PIPE Nom.

  • INDIVIDUALS BRINGING COORDINATED CLAIMS SHALL BE RESPONSIBLE FOR UP TO US$250 OF THEIR FILING FEES OR THE MAXIMUM PERMISSIBLE UNDER THE APPLICABLE ARBITRATION RULES.

  • Pipe Diameter Deflection Per Joint Maximum Deflection With Pipe Length Of: (Inches) Minimum Radius of Curve With Pipe Length Of: (Feet) 4 8° 18' 31 34 125 140 6 7° 07' 27 30 145 160 8 5° 21' 20 22 195 220 12 5° 21' 20 22 195 220 16 3° 35' 13.5 15 285 320 18 3° 00' 11 12 340 380 20 3° 00' 11 12.5 340 380 24 2° 23' 9 10 450 500 30 2° 23' 9 10 450 500 36 2° 05' 8 9 500 550 42 2° 00' 7.5 8 510 570 Table 100-7 - MAXIMUM PERMISSIBLE DEFLECTION FOR LAYING PUSH ON JOINT PIPE Nom.

  • TO THE EXTENT THAT TEXAS LAW IS APPLICABLE TO THE DETERMINATION OF THE HIGHEST LAWFUL RATE OR A MAXIMUM PERMISSIBLE RATE, THE PROVISIONS OF CHAPTER 15 OF SUBTITLE 3, TITLE 79, OF THE REVISED CIVIL STATUTES OF TEXAS, 1925, AS AMENDED, SHALL NOT APPLY TO THIS AGREEMENT.

  • THE RIGHTS AND DUTIES OF THE BORROWER, THE AGENT, THE CO-AGENTS AND THE BANKS UNDER THIS AGREEMENT AND THE NOTES (INCLUDING MATTERS RELATING TO THE MAXIMUM PERMISSIBLE RATE) SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401, BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

  • THE RIGHTS AND DUTIES OF THE CREDIT PARTIES, THE ------------- AGENT, EACH ISSUING LENDER AND THE LENDERS UNDER THIS CREDIT AGREEMENT, THE NOTES (INCLUDING MATTERS RELATING TO THE MAXIMUM PERMISSIBLE RATE) AND THE OTHER CREDIT DOCUMENTS SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW ▇▇▇▇▇▇▇ ▇- ▇▇▇▇, ▇▇ GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PRINCIPLES.

  • IF THE PERTINENT JURISDICTION DOES NOT ALLOW SUCH LIMITATIONS AS WRITTEN, THEN THE MAXIMUM PERMISSIBLE LIMITATIONS SHALL APPLY.

  • THE RIGHTS AND DUTIES OF THE FUNDS ADMINISTRATOR, BORROWERS, THE AGENT, EACH ISSUING BANK AND THE LENDERS UNDER THIS CREDIT AGREEMENT, THE NOTES (INCLUDING MATTERS RELATING TO THE MAXIMUM PERMISSIBLE RATE) AND THE OTHER CREDIT DOCUMENTS SHALL PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW S▇▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇ GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK EXCEPT AS GOVERNED BY THE BANKRUPTCY CODE.