Weekly Limit definition
Examples of Weekly Limit in a sentence
Prior to the first Release Event, Davi▇ ▇▇▇▇▇▇▇ shall not sell on the open market more than 37,500 shares of the Company's common stock in any period of five consecutive trading days (the "WEEKLY LIMIT") unless he has delivered to the Company, not later than 5:00 pm on the first trading day of a five-day trading period to which the Weekly Limit is applicable, a notice (the "WARNING NOTICE") of his intent to sell shares in excess of the Weekly Limit (the "EXCESS SHARES").
The "Weekly Limit" shall mean, in any calendar week on a non-cumulative basis, the greater of (x) 5,000 shares of Common Stock, or (y) twelve percent (12%) of the average daily volume of the Common Stock during the preceding calendar week; provided, that the Initial Holders shall not be bound by the Weekly Limit in any calendar week in which an executive officer or director of INB sells shares of Common Stock.
Type Enrolled in Online Banking less (<) six (6) months Enrolled in Online Banking greater (>) than six (6) months Minimum P2P Amount $1.00 $1.00 Maximum P2P Amount $500 $2,000 Daily P2P Amount $500 $2,000 Weekly Limit P2P Amount $3,500 $5,000 Monthly P2P Amount $5,000 $10,000 Set up a recurring transfer to an account within online and mobile banking (examples: weekly, bi- weekly, monthly, etc.).
The following lists the limits for each type of transaction: Daily Limit: $5,000.00 Weekly Limit: $15,000.00 Daily Limit: $1,010.00 Weekly Limit: $5,000.00 In addition to the above, for security purposes we reserve the right to, in our sole discretion, impose additional limits to your use of your Card at ATMs or POS devices.