Upper Limit definition

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;
Upper Limit means that number calculated by formula P + e (where e is the error determined from tables 4-53) and designated as U.
Upper Limit has the same meaning as stipulated in Article 3.2 of this Agreement.

Examples of Upper Limit in a sentence

  • You should note that an Upper Limit specified in the Criminal Remuneration Regulations applies to work undertaken under this Unit of Work and operates as a Costs Limitation.

  • Upper Limit is kept at Rs 1,00,000 over and above the base price.

  • Maximum Upper Limit: Cumulative amount on a particular date shall not exceed the upper limit mentioned on the Bank Mandate.

  • Where an Upper Limit Price or Lower Limit Price is reached on a market day and is followed by another Upper Limit Price or Lower Limit Price, as the case may be on the next market day, the Exchange may maintain the trading price at the Last Done Price of the previous market day (“the said Last Done Price”) for such period as specified by the Exchange.

  • The Upper Limit will continue to apply to the cumulative costs throughout the lifetime of the Matter.


More Definitions of Upper Limit

Upper Limit for any Contract means a price of ten per cent (10%) or such other percentage as the Exchange may prescribe from time to time above the settlement price at the close of the previous Trading Day for the Contract; and
Upper Limit means the percentage or number specified as such in the relevant Final Terms;
Upper Limit means the percentage specified as such in the applicable Final Terms; and
Upper Limit means, with respect to an Interest Accrual Period, the percentage or number specified as such in the relevant Final Terms;
Upper Limit means the percentage specified as such in the Final Terms.
Upper Limit means the product of (A) USD 600 million and (B) the Applicable Percentage, subject to reduction by an amount equal to the product of (x) any proceeds payable to Counterparty in respect of any Company Shares (as such term is defined in the Underwriting Agreement) pursuant to the Underwriting Agreement and (y) the Applicable Percentage.
Upper Limit means, in respect of any relevant Range Accrual Day, the limit specified in the applicable Final Terms.