Lower 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 below the settlement price at the close of the previous Trading Day for the Contract.

Lower Limit means that number calculated by the formula P - e (where e is the error determined from tables 4-53) and designated as L.

Lower Limit means, in respect of any relevant Range Accrual Day, the limit specified in the applicable Final Terms.

Examples of Lower Limit in a sentence

Substitute the correct Lower Limit and Upper Limit in the table above to determine deductibility in any particular year.
The Lower Limit and Upper Limit for these years are shown in the following table.
The Principal balance of this Note shall vary from time to time as provided below, and for purposes of determining the Principal balance of this Note the following terms shall have the following meanings: The "Collared Region" shall be the region bounded as an upper boundary by the Upper Limit (inclusive of that boundary) and as a lower boundary by the Lower Limit (inclusive of that boundary).
On any day thereafter during the Contingency Period, the Principal of this Note shall equal the Recomputed Principal on that day; provided, however, if (i) the Recomputed Principal on any such day shall exceed the Upper Limit, then the Principal shall equal the Upper Limit, and (ii) if the Recomputed Principal on any such day shall be less than the Lower Limit, then the Principal shall equal the Lower Limit.
The "Lower Limit" shall be the amount which is equal to 88.4% of the 90 Day Principal.

More Definitions of Lower Limit

Lower Limit means the percentage or number specified as such in the relevant Final Terms;

Lower Limit means the percentage specified as such in the applicable Final Terms;

Lower Limit means the percentage or number specified as such in the applicable Final Terms;

Lower Limit means NEGATIVE $65,100,000.

Lower Limit means, in respect of each Interest Determination Date and the related Observation Date, the figure specified in the table under the definition of "Barrier" above, in the column entitled "Barrier (k)" in the row corresponding to the date on which the related Observation Date is scheduled to fall.

Lower Limit means an amount equal to Target Working Capital minus $1,500,000.