Payment Limit definition

Payment Limit has the meaning set forth in Section 2.6.2.[Only for Facilities with a Nameplate Capacity greater than three megawatts]
Payment Limit. For each Mortgage Loan, the percentage set forth in the related Mortgage Note.
Payment Limit has the meaning set forth in Section 2.6.2.[Only for Facilities that are eligible pursuant to Assembly Bill No. 1923]

Examples of Payment Limit in a sentence

  • The Bank shall direct its independent auditor (“Auditor”) or such other accounting or law firm experienced in such calculations and acceptable to the Executive to determine whether any Parachute Payments equal or exceed the Parachute Payment Limit and the amount of any adjustment required by subsection (a).

  • The Company shall direct its independent auditor (“Auditor”) or such other accounting firm experienced in such calculations and acceptable to the Executive to determine whether any Parachute Payments exceed the Parachute Payment Limit and the amount of any adjustment required by Subsection (a).

  • If during any Settlement Interval, Delivered Energy exceeds the Payment Limit for that Settlement Interval (“Surplus Delivered Energy”), then the Contract Price for any Surplus Delivered Energy in excess of the Payment Limit shall be adjusted to be zero dollars ($0) per kWh for that Settlement Interval, and if there ia Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the absolute value of the Negative LMP times such Surplus Delivered Energy (“Negative LMP Costs”).

  • This section applies only if the Payment Limit of this Contract exceeds $5,000.

  • The Payment Provisions and the Service Plan may be amended by a written administrative amendment executed by Contractor and the County Administrator (or designee), subject to any required state or federal approval, provided that such administrative amendment may not increase the Payment Limit of this Contract or reduce the services Contractor is obligated to provide pursuant to this Contract.


More Definitions of Payment Limit

Payment Limit has the meaning set forth in Section 3.6.2. [Only for conduit hydroelectric Facilities that are eligible pursuant to Assembly Bill No. 1979]
Payment Limit per Relying Party means the maximum amount a Relying Party can recover under all warranty claims related to a single Certificate assigned to a Subscriber.
Payment Limit has the meaning set forth in Section 2.6.2.]
Payment Limit means, with respect to a Holder on any date, the product of the Aggregate Payment Limit times such Holder's Fractional Percentage, less any amounts of Royalty Participation or payments of Preferred Stock redemption price previously paid to such Holder or such Holder's predecessors in interest.
Payment Limit. An amount of funds (the balance of the card account and / or the total amount of the credit line (overdraft), with the exception of the non-reduced balance) within which the cardholder can receive cash and make non-cash payments.
Payment Limit. The upper limit for the expenses incurred by the Insured to be paid by the Insurance Company, which is specified in the policy.
Payment Limit means the maximum amount of a payment determined by the payer in the Agreement for payment of an E-invoice with the code of a specific service. The Payment Limit is not applied if the maximum amount has not been determined in the Agreement.