Permitted Maximum definition

Permitted Maximum means the maximum aggregate permitted number of Relevant Shares specified by the Board of Directors in accordance with the terms of the Licence, any other requirements of the Ministry and any relevant requirements of Law;

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Permitted Maximum means any aggregate number of Shares which the Directors have specified as the maximum aggregate permitted number of Affected Shares pursuant to paragraph (H)(ii)(c) of this Article;

Permitted Maximum means, if at any time the Directors have specified a maximum under sub-paragraph (ii)(c) of paragraph (D) of this Article, that aggregate number of Shares which they have so specified as the maximum aggregate permitted number of Relevant Non-EU Shares or, as the case may be, Relevant Non-UK Shares;

Examples of Permitted Maximum in a sentence

• The Corporation covenants to monitor and notify the Underwriter of all trades of Securities by the Restricted Persons during the 120 day period immediately following the Closing, and to promptly notify the Underwriter if the Permitted Maximum Sales Threshold has been met.

• Your pensionable salary will be capped as at present, with only that part of your Pensionable Salary below the 'Permitted Maximum' being taken into account (in accordance with the Registered Pension Schemes (Modification of the Rules of Existing Schemes) Regulations 2006, but without limitation to the transitional period as defined in those regulations).

• Your salary under the UK service agreement will count first towards your Pensionable Salary, with the salary under the IOM service agreement added in afterwards, up to the level of the 'Permitted Maximum' cap.

• Subject to Section 2.14 with respect to a Permitted Maximum Revolving Commitment Reduction (as defined in Section 2.14), the Restricted Investments in the Restricted Investment Collateral Account will remain therein until all of the Obligations are paid in full and will be invested in such investments and on such terms as are acceptable to Agent in its sole discretion.

• A Member are further restricted to ensure that his total retirement benefit from this scheme and from any Associated Scheme or Connected Scheme does not exceed a pension of 1/30th of the Permitted Maximum for each year of service, subject to a maximum of 20/30ths.

More Definitions of Permitted Maximum

Permitted Maximum means any aggregate number of Ordinary Shares which the Directors have specified as the maximum aggregate permitted number of Affected Shares pursuant to Article 84.2;

Permitted Maximum means, if at any time the Directors have specified a maximum under Article 39.4.2(d), that aggregate number of Shares which they have so specified as the maximum aggregate permitted number of Relevant Shares.

Permitted Maximum means (except where the context indicates otherwise):

Permitted Maximum means the amount determined in accordance with paragraph 2 of Schedule 29 to FA 2004;

Permitted Maximum has the meaning given to it in section 590(2) of ICTA;

Permitted Maximum means, if at any time the Directors have specified a maximum under Article 44.4.2(b), that aggregate number of Shares which they have so specified as the maximum aggregate permitted number of Relevant Shares provided that the Permitted Maximum may be expressed as a percentage of the total number of Shares in issue

Permitted Maximum means, in relation to any class of shares in the company, the number of shares in that class which represents 15% (fifteen percent) of all the shares in that class;