Permissible amount definition

Permissible amount. The maximum annual addition that may be contributed or allocated to a Participant's Individual Account under the Plan for any limitation year shall not exceed the lesser of:
Permissible amount means one of the following:
Permissible amount means, with respect to any Hazardous Substance, such customary amounts thereof as may be commonly and lawfully generated, stored, used, treated, disposed of otherwise handled or located on or about the Real Property.

Examples of Permissible amount in a sentence

  • The bacteria were enumerated by viable count (as described), SRP, and MSRP.

  • Permissible amount or if there is any penalty for cooperative must get the consent of themethods include: failure to timely pay the amount.

  • The Contractor shall also provide that all his Subcontractors comply with all requirements at least to the extent according to this Article 13 of these GTC part B.

  • BILL OF QUANTITIES[Part-I ] Name of work : Comprehensive Annual maintenance of Lifts at Rajagopuram and Annadanam building of Sri Varaha Lakshmi Narasimha Swamy Devasthanam, Simhachalam, Visakhapatnam District S.No BILL OF QUANTITIESPart-II Details of Maximum Permissible amount reimbursable to the Contractor.

  • If the Annual Additions with respect to the Participant under such other defined contribution plans and welfare benefit funds in the aggregate are equal to or greater than the Maximum Permissible amount, no amount will be contributed or allocated to a Participant’s Account under this Plan for the Limitation Year.


More Definitions of Permissible amount

Permissible amount means one of the following: (1) for a person who is a resident of Wisconsin, an amount that does not exceed two ounces of usable marijuana; or (2) for a person who is not a resident of Wisconsin, an amount that does not exceed one-quarter ounce of usable marijuana.
Permissible amount means:
Permissible amount means an amount that does not exceed 5 ounces of
Permissible amount means the maximum Annual Addition which may be contributed or allocated to a Participant's Account under the Plan for any Limitation Year. The maximum Annual Addition shall not exceed the lesser of: (a) the Defined Contribution Dollar Limitation, or (b) 25% of the Participant's Compensation for the Limitation Year. The Compensation limitation referred to in (b) shall not apply to any contribution for medical benefits (within the meaning of Code Sections 401(h) or 419A(f)(2)) which is otherwise treated as an Annual Addition under Code Section 415(l)(1) or 419A(d)(2). If a short Limitation Year is created because of an amendment changing the Limitation Year to a different 12-consecutive month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the following fraction: NUMBER OF MONTHS IN THE SHORT LIMITATION YEAR --------------------------------------------- 12
Permissible amount means the maximum amount of voting stock of a Subsidiary of the Borrower that is not a Domestic Subsidiary which may be pledged by the Borrower without causing such Subsidiary to be deemed a "controlled foreign corporation" under Section 956 of the Internal Revenue Code of 1986, as amended.
Permissible amount means the maximum Annual Addition which may be contributed or allocated to a Participant's Account under the Plan for any Limitation Year. The maximum Annual Addition shall not exceed the lesser of: (a) the Defined Contribution Dollar Limitation, or (b)25% of the Participant's Compensation for the Limitation Year. The Compensation limitation referred to in (b) shall not apply to any contribution for medical benefits (within the meaning of Code Sections 401(h) or 419A(f)(2)) which is otherwise treated as an Annual Addition under Code Section 415(1)1) or 419A(d)(2). If a short Limitation Year is created because of an amendment changing the Limitation Year to a different 12-consecutive month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the following fraction Number of months in the short Limitation Year
Permissible amount means that number of Common Shares of the Company beneficially owned at any time by the Cannxx Xxxup expressed as a percentage of the outstanding Common Shares of the Company, set forth below: Percentage of Outstanding Common Shares of the Company Beneficially Owned by the Cannxx Xxxup Permissible Amount ------------------------- ------------------