Soft Cap definition

Soft Cap means the minimum amount of money equivalent (in Bermuda dollars) that the digital asset issuance is intended to raise by reference to the number of digital assets, which shall be refunded by the issuer to its digital asset acquirers in case such minimum amount is not reached.
Soft Cap has the meaning given in Condition 2(a).
Soft Cap means a threshold amount with respect to the payment obligations of NYL service Participants which may require pre-funding through their DTC or NSCC accounts. It is calculated, reviewed and updated by CDS and in accordance with Rule 10.10.1 and the Procedures.

Examples of Soft Cap in a sentence

  • Prior to the Performance Start Date, if the first-year Company Water Rate as calculated is expected to exceed the Soft Cap, the Company shall apply to the CPUC through a Tier 2 advice letter for approval of such rate before the Company shall be required under this Agreement to pay an amount greater than the Soft Cap as the Company Water Rate.

  • Unless and until the CPUC approves a Company Water Rate in an amount greater than the Soft Cap, the Company shall only be required to pay an amount equal to the Soft Cap as the Company Water Rate.

  • In no circumstance shall the District’s or the Agency’s obligations under this Agreement to deliver Company Water to the Company be affected by the pendency of the Company’s application to the CPUC for approval of a rate greater than the Soft Cap or a decision by the CPUC to deny any such application.

  • The Paying Agent will release the funds when the Soft Cap is reached.

  • The Section Developer must set the Base Toll Rate for each Tolling Point at or below the Toll Rate Soft Cap applicable to Class 2 vehicles when the Operational Metrics are being met within the Priced Managed Lanes associated with such Tolling Point.

  • Changes to (i) the Toll Rate Range Maximum, (ii) the Toll Rate Soft Cap, (iii) the escalation factor applicable to the Toll Rate Soft Cap or the Toll Rate Range Maximum (or a failure by MDTA to apply such escalation factor), (iv) Operational Metrics associated with the Toll Rate Soft Cap, (v) the vehicle Classification Multipliers, or (vi) the definition of Permitted Vehicles, Exempt Vehicles, or HOVs, will give rise to a Compensation Event under the Section P3 Agreement.

  • If the Operational Metrics are not being met within any part of the Priced Managed Lanes associated with any Tolling Point, the Section Developer may set the Base Toll Rate for the applicable Tolling Point(s) exceeding the Toll Rate Soft Cap (but at all times not to exceed the Toll Rate Range Maximum applicable to Class 2 vehicles).

  • Issuance and Sale Cap The Company shall accept purchases of up to US$5,000,000 of Tokens at the prevailing value in the pre-sale up to maximum Pre-Sale Soft Cap.

  • Grade Span Program Soft Cap Stipend per semester Hard Cap PE 6-12 Gen.

  • Yes, owner decides over budget Revenue Sharing – Luxury Tax Soft Cap (% of average payroll) – 130 Tax Above Soft Cap (%) – 45 Cash Maximum – $30,000,000 Average Player Dev.


More Definitions of Soft Cap

Soft Cap has the meaning, set out in paragraph 4.4(e)
Soft Cap refers to the minimum amount that Newco needs to raise. If N▇▇▇▇ is unable to raise that amount, the Venture may be terminated and all the collected funds returned to the respective investors.
Soft Cap means the aggregate amount of USD 10,000,000 (ten million United States Dollars) (or currency equivalent, including in ETH) having been raised by the Company from the Token Sale;
Soft Cap means - a capacity limit set on the average MIPS available to an LPAR over a 4 hour rolling time period. The actual MIPS available at any moment in time can ex- ceed such limit up to the MIPS capacity of the number of logical processors assigned to the LPAR. Soft Capped LPAR means - an LPAR which has a Soft Cap set. Software means – the applications software and Systems Software, collectively. Standard Disk means - a type of disk in which data will reside in a storage sub-sys- tem connected to the zCloud with no mirroring.
Soft Cap means a threshold amount with respect to the payment obligations of NYL service Participants which may require pre-funding through their DTC or NSCC accounts. It is calculated, reviewed and updated by CDS in accordance with this Rule 10.10 and the Procedures. The Soft Cap is the same for all NYL Participants.
Soft Cap means the minimum capital intended to be raised during the Sale Period.

Related to Soft Cap