Minimum Sum definition

Minimum Sum means the sum specified in paragraph 3 of Annex 8;
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Minimum Sum. , in relation to a member, means the minimum sum referred to in section 15(6)(a) that is applicable to the member;
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Minimum Sum means the minimum sum or sums set out in Schedule 2.
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Examples of Minimum Sum in a sentence

  • The initial Sum Insured at the Effective Date of Coverage shall not be less than the Minimum Sum Insured or more than the Maximum Sum Insured as defined in the Policy Schedule attached hereto.

  • Notwithstanding the foregoing, a special resolution at the meeting of the Bondholders may instruct the Trustee to distribute, to the Bondholders, any such amount, even where the cumulative sum as aforesaid is less than the Minimum Sum.

  • In the event that the total Minimum Sum computed during these Periods is more than the total Margin paid to the Company then the Concessionaire shall forthwith reimburse the Company the difference thereof (hereinafter referred to as “Differential Sum”), with or without notice.

  • No compensation whatsoever shall be payable to the Concessionaire for the reason of closure of the Building or any part thereof by the Company nor shall any part of the Minimum Sum or other sum payable by the Concessionaire hereunder shall be abated or otherwise cease to be payable on account thereof.

  • PROVIDED HOWEVER THAT failure of the Concessionaire to adhere to the opening date hereinbefore mentioned shall in no way reduce or waive the payment by the Concessionaire of the Minimum Sum hereinbefore covenanted.


More Definitions of Minimum Sum

Minimum Sum means the minimum sum of money which is required to be paid by the Concessionaire to the Company as stated in the Yearly Contract;
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Minimum Sum means the sum referred to in section 15 (6) (a);
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Minimum Sum means the minimum level of professional indemnity insurance stipulated in the Letter. If no amount is stipulated in the Letter then the Minimum Sum shall be £5,000,000. “Part(y)/(ies)” shall mean the Employer and the Consultant 'Prohibited Act' means:
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Minimum Sum means the excess under the insurance policy maintained by the Station Facility Owner pursuant to Condition 22.1, as notified by the Station Facility Owner from time to time;
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Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister responsible for finance;10
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Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister of Finance;
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Minimum Sum means the relevant Currency as set out in Paragraph 2.1.
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