Minimus definition
Examples of Minimus in a sentence
Notwithstanding the foregoing, in the event that the amount by which the present value of the Total Payments which would constitute an Excess Parachute Payment is less than two percent (2%) of the Total Payments, then such Excess Parachute Payment shall be deemed to be a “de Minimus Excess Amount” and the Executive shall not be entitled to a Gross-Up Payment.
Without limiting any other obligations of any Lien Grantor set forth in this Agreement, each Lien Grantor agrees that it will use its commercially reasonable efforts to ensure that the Pledges with respect to any Equity Interests that constitute De Minimus Collateral are validly created and perfected (made enforceable against the Lien Grantor and third parties).
The Santa ▇▇▇ Regional Board has since issued an updated General De Minimus Permit under Order No. R8-2015-0004.
Notwithstanding the foregoing, in the event that the amount by with the present value of the Total Payments which would constitute an Excess Parachute Payment is less than 3% of the Total Payments, then such Excess Parachute Payment shall be deemed to be a "de Minimus Excess Amount" and the Executive shall not be entitled to a Gross-Up Payment.
In addition, the De Minimus Holders shall receive 100% of their proportionate share of the Litigation Recoveries, which shall be transferred from the Reorganized Debtor to the Disbursement Escrow for the benefit of the De Minimus Holders immediately after such Litigation Recoveries are received.
I understand that I may not take distributions from the Plan prior to my separation from service, except for the occurrence of an unforeseeable emergency as determined by the Board, qualification under the De Minimus account provision, or for the purchase of service credits in a governmental defined benefit Plan.
This Enhancement includes the repair of damaged portions of the abductors comprised of the Gluteus Medius, Gluteus Minimus, and/or Tensor Fascia Lata muscles only.
De Minimus activity levels will be applicable during the entirety of the Restricted Period.
Competing Business with the Employer shall not include minimal or De Minimus activity in the Employer’s national business lines, as defined below.
Sponsor's Indirect Cost Rate: 10.00% of De Minimus base: MTDC, as defined by 2 CFR 200.414 (f) This funding is not research and development (R&D).