Turnover Limit definition

Turnover Limit means the quotient obtained by dividing (x) the total number of AOLB/Itaú Subscribers who register pursuant to the in-branch subscription efforts of this Section 2 during the last Contract Month of the Prior Quarter and who remain AOLB/Itaú Subscribers as of the last day of such Contract Month, by (y) the result of (A) one minus (B) the product obtained by multiplying [**] and Average Turnover for the Prior Quarter.
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Turnover Limit means £41,000,000 or such other limit as may be advised to the Lender in accordance with Clause 21 from time to time by the Secretary of State;
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Related to Turnover Limit

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Turnover Plan means the written plan developed by Contractor, approved by HHSC, and to be employed when the Work described in the Contract transfers to HHSC, or its designee, from the Contractor.

  • Order limits means the limits shown on the works plans within which the authorised development may be carried out;

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.