Hard Cap definition

Hard Cap means one hundred eighty five percent (185%) of the Investment Amount.
Hard Cap means the maximum amount of money equivalent (in Bermuda dollars) that the digital asset issuance is intended to raise by reference to the number of digital assets, above which amount no further digital assets shall be offered by the issuer via its digital asset issuance;
Hard Cap means an amount equal to the lesser of (x) 170% of the Purchase Price and (y) the Put/Call Price.

Examples of Hard Cap in a sentence

  • The Reasonableness Threshold for Default Energy Bid or Default Minimum Load Bid adjustments shall not exceed the Hard Energy Bid Cap or Minimum Load Cost Hard Cap, respectively.

  • All Energy Bid prices and Minimum Load Bid prices used in the CAISO Market Processes shall not exceed the Hard Energy Bid Cap or the Minimum Load Cost Hard Cap, respectively.

  • In no case shall a Default Minimum Load Bid exceed the Minimum Load Cost Hard Cap.

  • For the duration of this Agreement, if the current Community Blue 4 Benefit Plan exceeds the Hard Cap, the Union agrees to switch to Simply Blue 500 Plan on the following January 1st.

  • The underlying assumption behind the reproductive rate R is that the contact is between an infected person and an uninfected one.that is also relevant for HIV/AIDS epidemic.


More Definitions of Hard Cap

Hard Cap has the meaning given in Condition 2(a).
Hard Cap means two hundred sixty percent (260%) of the Investment Amount.
Hard Cap means two hundred fifty percent (250%) of the Investment Amount.
Hard Cap means - a strict limit or ceiling imposed by Licensees on mobile data allowances 1 beyond which, the consumer cannot consume additional mobile data without the consumer taking specific actions as set out further in these Regulations.
Hard Cap means the aggregate amount of USD 100,000,000 (one hundred million US Dollars) (or currency equivalent, including in ETH) having been raised by the Company from the Token Sale;
Hard Cap. The Board of Education shall contribute no more than the “hard cap” amounts per 2011 Public Act 152 toward health/medical insurance coverage (not including negotiated life, vision or dental) up to and including full family sponsored dependents, up to age 26, for all eligible employees. The rates are adjusted each year on January 1 in accordance with the insurance plan year beginning on January 1. Employees will contribute toward the cost of health/medical insurance for everything above the Board’s contribution. For the 2023 calendar year, the hard cap rates are as follows (and are adjusted annually by the state): $7,399.47 - single-person coverage $15,474.60 - individual and spouse coverage or individual plus 1 non spouse dependent coverage $20,180.43 - family coverage For the 2024 calendar year, the hard cap rates are as follows (and are adjusted annually by the state): $7,702.85 - single-person coverage $16,109.06 - individual and spouse coverage or individual plus 1 non spouse dependent coverage $21,007.83 - family coverage The employee’s premium contribution will be payroll deducted in equal amounts every pay from the employee’s paycheck. Such deductions shall be through a qualified Section 125 Plan and, as such will not be subject to withholding to the extent permitted by law. Full-time employees are defined in Article 4 and shall receive health insurance year-round. The Board will make the major medical insurance program available to those part-time employees who wish to purchase it at their own expense. It is the employee's responsibility to complete the appropriate online application. Cash in Lieu – Full-time employees who are eligible for health insurance but who do not require health insurance will be provided a monthly sum of four hundred ($400) dollars per month. Employees electing Cash in Lieu must (1) opt out, in writing, of the health insurance benefit and (2) provide documentation to the Board that the employee has other health coverage that meets the minimum value and coverage requirements of the Affordable Care Act. If a “regular” part-time employee voluntarily substitutes for another employee, the work hours accumulated, per week, while “subbing” shall not be added to the “regular” part-time hours for the purpose of being eligible for either pro-rated or full medical or any other benefits.
Hard Cap means the maximum number of Tokens sold by the Company as stipulated in Schedule A.