Permissible amount definition

Permissible amount. The maximum annual addition that may be contributed or allocated to a Participant's Individual Account under the Plan for any limitation year shall not exceed the lesser of:

Permissible amount means one of the following:

Permissible amount means one of the following: (1) for a person who is a resident of Wisconsin, an amount that does not exceed two ounces of usable marijuana; or (2) for a person who is not a resident of Wisconsin, an amount that does not exceed one-quarter ounce of usable marijuana.

Examples of Permissible amount in a sentence

• If the Annual Additions with respect to the Participant under such other defined contribution plans and welfare benefit funds in the aggregate are equal to or greater than the Maximum Permissible amount, no excess amount will be contributed or allocated to a Participant’s Account under this Plan for the Limitation Year.

• Permissible amount of hazardous residue: less than 1/10 of the residue limits for animal medicine and of the tolerable limit for pesticide residue for livestock products contained in the Commissioner of the Korea Food and Drug Administration’s Food Code.

• Permissible amount or if there is any penalty for cooperative must get the consent of themethods include: failure to timely pay the amount.

• Hewas pastor of Faith in New Port Richey, FL, from 1971 untilretiring from full-time parish service on May 11, 2008.Pastor Lidbom served as Circuit Counselor and on the Board of Directors for the Florida-GeorgiaDistrict as well as on several advisory committees.He was preceded in death by his son Mark A.Lidbom in 2008.

• BILL OF QUANTITIES[Part-I ] Name of work : Comprehensive Annual maintenance of Lifts at Rajagopuram and Annadanam building of Sri Varaha Lakshmi Narasimha Swamy Devasthanam, Simhachalam, Visakhapatnam District S.No BILL OF QUANTITIESPart-II Details of Maximum Permissible amount reimbursable to the Contractor.

More Definitions of Permissible amount

Permissible amount means:

Permissible amount means, with respect to any Hazardous Substance, such customary amounts thereof as may be commonly and lawfully generated, stored, used, treated, disposed of otherwise handled or located on or about the Real Property.

Permissible amount means an amount that does not exceed 5 ounces of

Permissible amount means the maximum Annual Addition which may be contributed or allocated to a Participant's Account under the Plan for any Limitation Year. The maximum Annual Addition shall not exceed the lesser of: (a) the Defined Contribution Dollar Limitation, or (b) 25% of the Participant's Compensation for the Limitation Year. The Compensation limitation referred to in (b) shall not apply to any contribution for medical benefits (within the meaning of Code Sections 401(h) or 419A(f)(2)) which is otherwise treated as an Annual Addition under Code Section 415(I)(1) or 419A(d)(2). If a short Limitation Year is created because of an amendment changing the Limitation Year to a different 12-consecutive month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the following fraction: Number of months in the short Limitation Year --------------------------------------------- 12

Permissible amount means the maximum amount of voting stock of a Subsidiary of the Borrower that is not a Domestic Subsidiary which may be pledged by the Borrower without causing such Subsidiary to be deemed a "controlled foreign corporation" under Section 956 of the Internal Revenue Code of 1986, as amended.

Permissible amount means the maximum Annual Addition which may be contributed or allocated to a Participant's Account under the Plan for any Limitation Year. The maximum Annual Addition shall not exceed the lesser of: (a) the Defined Contribution Dollar Limitation, or (b)25% of the Participant's Compensation for the Limitation Year. The Compensation limitation referred to in (b) shall not apply to any contribution for medical benefits (within the meaning of Code Sections 401(h) or 419A(f)(2)) which is otherwise treated as an Annual Addition under Code Section 415(1)1) or 419A(d)(2). If a short Limitation Year is created because of an amendment changing the Limitation Year to a different 12-consecutive month period, the Maximum Permissible Amount will not exceed the Defined Contribution Dollar Limitation multiplied by the following fraction Number of months in the short Limitation Year

Permissible amount means the maximum amount that may be paid to Executive without causing any portion of such payment to be non-deductible to Chart or Ben Franklin by reason of the operation of Section 280G of the Internal Revenue Code of 1986, as amended (the "CODE"). For all purposes under this Agreement the amount deemed to be payable without causing any such amount to be non-deductible shall be computed after deducting the value of all non-cash items, such as the acceleration of option vesting or the acceleration of the payment of any bonus, that are treated as parachute payments under Section 280G of the Code.