Statutory Minimums definition

Statutory Minimums means prohibitions of Law against the distributions or dividends due to surplus, minimum capital, thin capitalization or similar requirements.
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Statutory Minimums means sufficient capital to meet requirements of Law regarding minimum capital, thin capitalization, maintenance of capital or similar requirements.
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Statutory Minimums means the statutory minimum of $1,500,000 of annual payroll in accordance with division (A)(5))(b) of section 122.175 of the Revised Code and
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More Definitions of Statutory Minimums

Statutory Minimums means the statutory minimum of one million five hundred thousand dollars of annual payroll in accordance with division (A)(5))(b) of section 122.175 of the Revised Code and one hundred million dollars of capital investment in the project as set forth in division (A)(5)(a) of section 122.175 of the Revised Code.
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Statutory Minimums means prohibitions of Law against the distributions or dividends due to surplus, minimum capital, thin capitalization or similar requirements. “Straddle Period” shall have the meaning set forth in Section 7.3(a).
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Related to Statutory Minimums

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $2,500,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.