Capped Amount definition

Capped Amount means an amount equal to:
Capped Amount has the meaning set forth in Section 6.1.
Capped Amount means the largest amount payable to Employee without causing the application of a Parachute Excise Tax.

Examples of Capped Amount in a sentence

  • The maximum amount paid for the performance of services under this Agreement shall not exceed the Capped Amount, even if the Contractor’s actual costs exceed the Capped Amount.

  • The amounts referred to in section 16.4(a) and (b) shall each be adjusted annually on 1 October of each Year by multiplying each Capped Amount for the previous Year by the following adjustment factor: Adjustment Factor = CPIn / CPI(n –1) where: CPIn means the most recently published CPI Index for the June quarter in the preceding Year; and CPI(n –1) means the most recently published CPI Index for the June quarter in the Year that is 2 years prior to the Year in which the adjustment is being made.

  • Where there are amounts due from the Defaulter at this stage in respect of more than one type of Business (each a "Relevant Business" in respect of the Defaulter), a separate Capped Amount determined in accordance with Rule 15(c)(i)-(ii) will be paid from the Clearing House's own account under this stage (c) in respect of such Relevant Business.

  • Where the Liable Party is not First Gas, the maximum aggregate liability of the Liable Party to First Gas under this Code or any Coincident Agreement shall not exceed the relevant Capped Amount.

  • Where the Liable Party is not First Gas, the maximum aggregate liability of the Liable Party to First Gas under this Agreement or any Coincident Agreement shall not exceed the relevant Capped Amount.


More Definitions of Capped Amount

Capped Amount means a number of Shares that may be created pursuant to Cash Orders on any specified day.
Capped Amount means the largest amount payable to the Executive without causing the application of a Parachute Excise Tax. For the avoidance of doubt, this Section 5(k) applies without regard to whether the Executive’s employment has been terminated.
Capped Amount means the aggregate principal amount of eligible securities which could be issued if they were backed exclusively by the Proposed Pool in a stand-alone transaction; “Proposed Pool” means the pool of eligible mortgages which is proposed to be sold by the eligible institution to the master trust to back the proposed issue of eligible securities.
Capped Amount is fifteen million pounds (£15,000,000), provided that on and from the commencement of the second and each subsequent Franchisee Year the Capped Amount shall be adjusted in accordance with the following formula: Capped Amount x RPI where RPI has the meaning given to it in Schedule 8.2 (Annual Franchise Payments) of the Franchise Agreement;
Capped Amount means the maximum amount payable by Qantas under a time charge contract, as specified in the Completed Purchase Order;
Capped Amount has the meaning given in clause 34.10 “CDM Regulationsthe Construction (Design and Management) Regulations 1994 "Certificate of completion of Functional Tests" has the meaning given in clause 18.2.6.1
Capped Amount has the meaning set forth in Section 4.06 of this Agreement.