Permissible Limit definition
Permissible Limit means 1% of the Shipper’s MDQ multiplied by the number of Days in the Year;
Permissible Limit for the purposes of this Act means thirty standard acres of land and where such thirty standard acres on being converted into ordinary acres exceed sixty acres, such sixty acres :
Permissible Limit for the purposes of this Act means thirty standard acres of land, and where such thirty standard acres on being converted into ordinary acres exceed eighty acres, such eighty acres :
Examples of Permissible Limit in a sentence
Permissible limits for solids when tested in accordance with I.S. 3025-1964 shall be as tabulated below: Permissible Limit for Solids Organic Max.
More Definitions of Permissible Limit
Permissible Limit means, for the purpose of Clause 5, the lesser of (a) the Total Commitments and (b) the Relevant Percentage (as defined in Clause 4.2) of the aggregate Market Value of the Mortgaged Ships.
Permissible Limit in relation to a Shareholder means 300 Shares or the number of Shares which is held by the Shareholder as at the Merger Effective Date (whichever is the greater).