Minimum Top Up definition

Minimum Top Up is the lowest sum of money that you can pay into your Account in a single transaction;
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Examples of Minimum Top Up in a sentence

  • Note: Minimum Top Up Death Benefit will be 105% of total top up premiums paid.

  • Ireland plans to introduce a “Quali- fied Domestic Minimum Top Up Tax” and it is expected that the Irish implementing legislation will closely follow the terms of the EU Directive.Contributed by: Philip Tully, Trevor Glavey, Emma Doherty, Geraldine Carr, Kate McKenna and Carlo Salizzo,Matheson LLPIreland launched a public consultation in March 2023 to request feedback on the draft legisla- tion and certain aspects of implementing the Directive.

  • The recognition ofa “qualified” rule status for an Income Inclusion Rule (IIR), Undertaxed Payment Rule (UTPR) or a Qualified Domestic Minimum Top Up Tax (QDMTT) is a fundamental mechanism for ensuring the coordinated application of the GloBE rules across jurisdictions.Dispute PreventionIn theory, given the rules are being introduced based on an agreed OECD Model Ruleset one would expect to see a reduction in the volume of tax disputes via the introduction of the GloBE rules.

  • Minimum Top Up: Rs.5000 (in multiples of Rs.1,000/-) Maximum Top up: No LimitSubject to underwriting acceptance.

  • The Minimum Top Up Amount must be maintained with the Bank for a minimum period of six (6) months from the date of deposit.

  • In particular, we propose a simplified Country by Country Reporting (“CbCR”) safe harbour and a secondary safe harbour where a local jurisdiction operates a Qualifying Domestic Minimum Top Up Tax (“QDMTT”).

  • In future periods, part of this top-up tax may be payable instead in the relevant jurisdiction, if that jurisdiction implements a Qualifying Domestic Minimum Top Up Tax.

  • Pillar Two also allows jurisdictions to elect to apply a Qualified Domestic Minimum Top- Up Tax, to provide for top-up tax arising to be collected domestically in respect of in- scope entities.

  • The Minimum Top Up Amount placed and credited into the Eligible Account will be earmarked (“Earmarked Funds”) for a period of six (6) months from the date of deposit (“Earmarked Period”).

  • The UK legislation governing the Income Inclusion Rule and the UK’s Qualifying Domestic Minimum Top- Up Tax were substantively enacted in June 2023.

Related to Minimum Top Up

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $10,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum data set means the data required by the Australian Government from Community Care service outlets, in the form prescribed by the Australian Government, which data is shared with the Queensland Government;

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Minimum Price shall have the meaning set forth in Section 7.2(b)(ii).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.