Eligibility Amount definition

Eligibility Amount means, at any time, an amount equal to the quotient of (a) the Maximum Facility Amount (without regard to any increase in the Maximum Facility Amount until any such increase is effective as provided in Section 2.01(c)(iii)) divided by (b) 65.0%.
Sample 1
Eligibility Amount means the minimum annual rate of base salary required to participate in the Plan. The Eligibility Amount shall be determined annually by the Chief Executive Officer of Transamerica. For 1996, the Eligibility Amount is $125,000.
Sample 1
Eligibility Amount means the amount used to determine eligibility for assistance in accordance with the definition of “person of need” in the Act;
Sample 1

Examples of Eligibility Amount in a sentence

  • Signature ______________________________________________________________ Date _____________________ For Administration Use Only (Please do not write below this line) Administrator Name: Stephanie Migyanko Administrator Position: VP of Financial Aid Student Status: _____ Dependent _____ Independent Student Estimated Eligibility Amount: ________________________ Only students who are currently enrolled in Title IV programs would be eligible to receive these funds.

  • SCHEDULE 3 – ALLOWANCES Allowance Eligibility Amount payable with effect from Mar-09 Amount Payable with effect from Sep-09 Cadaver Prosection Staff of Departments of Anatomy & Histology and Biological Sciences whose duties include dissection of human bodies; Payable while on leave, superannuable and included as salary for the purpose of termination payments.

  • Relative To The Determination Of Eligibility, Amount Of Rent, Who Will Occupy The Premises, Or To Make A False Statement Or Representation To Any Representative Of The Housing Authority Of the City of Gainesville, Georgia Will Be Considered An Intent To Defraud Under Georgia State Law And May Be Punishable With Fine Of Up To $10,000.00 And/Or A Prison Term Up To Five (5) Years.

  • District shall contribute up to$ to Employee toward Employee’s purchase of the Housing Unit (the “District Assistance Loan”), provided the amount of the District Assistance Loan does not exceed is the lesser of: (1) the Eligibility Amount; (2) 35% of the Purchase Price; or (3) $400,000.

  • District shall contribute up to$ to Employee toward Employee’s purchase of the Housing Unit (the “District Assistance Loan”), provided the amount of the District Assistance Loan does not exceed is the lesser of: (1) the Eligibility Amount; (2) 50% of the Purchase Price; or (3) $400,000.

  • In the event a Participant is no longer eligible to participate in the Plan, the Committee may (but shall not be required to) allocate all or a portion of such Participant's Bonus Eligibility Amount to a new Participant or increase the Bonus Eligibility Amount of one or more of the remaining Participants.

  • In the event of a Participant's termination of employment due to death or Total Disability prior to the Determination Date, such Participant's (or such Participant's estate) Bonus Eligibility Amount shall be equal to the product of (x) the Bonus Eligibility Amount and (y) a fraction (but in no event greater than one), the numerator of which is the number of full or partial months from the Commencement Date until such Participant's termination of employment and the denominator of which is fifteen (15).

  • Details of the scheme are as follows: Existing Housing SchemesHousehold Income Eligibility Amount Details of SchemeRoof Slab Grant≤Rs10 000Maximum one-off cash grant of Rs 75 000Households who own a plot of land but cannot afford to complete construction of their house and has reached up to the beam level.

  • The Eligibility Amount shall be determined annually by the Chief Executive Officer of Transamerica.

  • Yours sincerely [Name] [Job Title]Appendix 9 Maternity Support Leave Flowchart Eligibility Amount of Leave You will receive full pay for the one or two weeks.


More Definitions of Eligibility Amount

Eligibility Amount means minimum Initial Deposit and minimum Monthly Average Balance (MAB) for respective Draw Category.
Sample 1

Related to Eligibility Amount

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Eligibility Date means the date you become eligible for insurance under this plan. The Eligibility Requirements are shown in the Schedule of Benefits.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibility conditions listed in Clause [5] of the Tender Document.

  • Eligibility period means the period in which a business may

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

  • Eligibility Determination means an approval or denial of eligibility and a renewal or termination of eligibility as set forth in OAR 410-200-0015;¶

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Average Actual Deferral Percentage means the average (expressed as a percentage) of the Actual Deferral Percentages of the Eligible Participants in a group.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Eligibility means the decision as to whether an individual qualifies, under financial and nonfinancial requirements, to receive program benefits.

  • Eligibility Criteria means the legal criteria as specified in the Clause 5 of this E- Auction Process Information Document;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Adjusted Covered Debt Balance means, on any date, the aggregate Covered Debt Amount on such date minus the aggregate amount of Cash and Cash Equivalents included in the Portfolio Investments held by the Obligors (provided that Cash Collateral for outstanding Letters of Credit shall not be treated as a portion of the Portfolio Investments).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.