Overall Limit definition

Overall Limit means, in respect of Capital Expenditure in any Accounting Period, (pound)100,000, as the same may be increased from the Effective Date by the Rate of Inflation;
View Source
Overall Limit has the meaning set forth in Section 6.1;
View Source
Overall Limit means the maximum aggregate principal amount that may remain outstanding (actual or contingent, present or future) at any time under the Facilities, as detailed in the Facilities Agreement or as notified by the Bank to the Customer(s) from time to time.
View Source

Examples of Overall Limit in a sentence

  • Section 5.7 of the Charter contains a limitation on the ownership of Shares, which prohibits any Person from Beneficially Owning or Constructively Owning more than 9.8% in value of the aggregate of the outstanding Shares (the “Overall Limit”) and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares (the “Series Limit,” and collectively with the Overall Limit, the “Aggregate Share Ownership Limit”), except as otherwise waived by the Company.

  • The Borrower shall, during the tenor of the Facilities, pay to the Bank, interest on the Facilties, on the dates as specified in Sr. No. 13 of the Schedule I to this Agreement, at such interest rate as more particularly described in Sr. No. 11 of the Schedule I at the prevailing Interest Rate or as may be stipulated in the sanction letters subsequently issued for various Facility Products to be granted within the Overall Limit in multiple accounts.

  • The Bank shall be entitled to vary, and or interchange any of the Facilities (i.e. increase / decrease the Facilities / Individual Facility) sanctioned by issue of further letters to the Borrower as also the Overall Limit/ Individual Facility Limit(s).

  • No. 2 of the Schedule I respectively between the Borrower and the Bank, as amended, amended and restated, modified or supplemented from time to time and shall include the sanction letters subsequently issued for various Facility Products to be granted by the Bank, within the Overall Limit and duly acknowledged by the Borrower.

  • All such Facilities from time to time with all applicable Individual Facility Limits and the Overall Limit, shall be governed by this Agreement, without any further deed, act or writing.

  • Overall Limit (instructional + non- instructional) Instructional LHEs – cannot exceed 9 LHEs overload There is no negotiated maximum limit to DAT, non- instructional, LHEs taken by Chairs in the Fa/Sp terms.

  • The Individual Facility Limits may be interchanged, within the Overall Limit, by way of Facility Letter.

  • A Redeeming Member shall exercise such right by giving written notice (the “Redemption Notice”) to the Company with a copy to the Corporation.

  • Section 5.7 of the Charter contains a limitation on the ownership of Shares, which prohibits any Person from Beneficially Owning or Constructively Owning more than 8.9% in value of the aggregate of the outstanding Shares (the “Overall Limit”) and more than 8.9% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares (the “Series Limit,” and collectively with the Overall Limit, the “Aggregate Share Ownership Limit”), except as otherwise waived by the Company.

  • Sublimits --Overall Limit The following Letter of Credit Sublimit, Cash Management Sublimit and FX Sublimit shall be applicable during the term of this Agreement, provided, however, that the total of the Letter of Credit Sublimit, the Cash Management Sublimit and the FX Sublimit under this Agreement and the Letter of Credit Sublimit, the Cash Management Sublimit and the FX Sublimit under the Non-Exim Agreement referred to in Section 9 below shall not at any time exceed a total of $9,000,000.


More Definitions of Overall Limit

Overall Limit as mentioned in Schedule I attached herewith and shall mean the aggregate of the limits of the various Individual Facilities as specified in the Sanction Letter or the Individual Facility Sanction Letter or as maybe increased / decreased by the Bank from time to time and informed to the Borrower in writing.
View Source
Overall Limit means the aggregate of the Individual Facility Limits of various Individual Facilities as specified in the Facility Letter and/or as specified in the Schedule II Cum Key Fact Statement hereto or as maybe increased/decreased by the Bank from time to time and informed to the Borrower by the Bank.
View Source
Overall Limit means in respect of the aggregate of all claims or liabilities under the Contract the lesser of (i) fifty (50)% of the contract value and (ii) the sum of one million pounds sterling (£1,000,000).
View Source
Overall Limit means the maximum aggregate amount of US$2,000,000 or HK$/MOP15,000,000 (as the case may be, depending on the currency shown on the Policy Information Page) that we will pay for coverage relating to terminal illness under all insurance policies (including this Policy) covering the same Insured issued by us (notwithstanding any difference in the definition of terminal illness and claims conditions).
View Source
Overall Limit. In addition to the foregoing, the total unpaid principal balance of all Exim Loans and all accrued interest thereon and all Silicon Loans and all interest thereon and all other Obligations at any time outstanding may not exceed $7,000,000. AGREEMENT SUBJECT TO EXIM BORROWER GUARANTEE; COSTS: This Agreement is subject to all of the terms and conditions of the Exim Borrower Agreement (including without limitation any attachments and annexes thereto) which are hereby incorporated herein by this reference. Borrower expressly agrees to perform all of the obligations and comply with all of the affirmative and negative covenants and all other terms conditions set forth in the Exim Borrower Agreement as though the same were expressly set forth herein, and all of the same are hereby incorporated herein by this reference. In the event of any conflict between the terms of the Exim Borrower Agreement and the other terms of this Agreement, whichever terms are more restrictive shall apply. Borrower shall reimburse Silicon for all fees and all out of pocket costs and expenses incurred by Silicon with respect to the Exim Borrower Agreement, including without limitation all facility fees and usage fees, and Silicon is authorized to debit Borrower's account with Silicon for such fees, costs and expenses when paid by Silicon. INTEREST RATE (Section 1.2): A rate equal to the "Prime Rate" in effect from time to time, plus 1.375% per annum.
View Source
Overall Limit has the meaning assigned to the term in Recital D above;
View Source

Related to Overall Limit

  • Annual Limit means the maximum amount claimable per person in a calendar year, unless otherwise stated.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.