Annual Threshold Amount definition

Annual Threshold Amount means, with respect to a four-Quarter period referenced in clause (a)(i) of the definition of Subordination Period, an amount that is equal to the sum of the Minimum Quarterly Distribution on the Subject Interests for each Quarter during such period.
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Annual Threshold Amount means, for purposes of Section 2.6, the following amount for each Earnout Year as set forth below: 2015 through 2019 $14,000,000 2020 through 2024 $15,000,000 2025 through 2028 $16,000,000 Notwithstanding the foregoing, for the 2015 Earnout Year, the Annual Threshold Amount shall be the amount obtained by multiplying $14,000,000 by a fraction, the numerator of which is the number of days left in calendar year 2015 commencing on the first day after the Closing Date and the denominator of which is three hundred sixty-five (365).”
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Annual Threshold Amount means, for purposes of Section 2.6, the following amount for each Earnout Year as set forth below:
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Examples of Annual Threshold Amount in a sentence

  • For each Earnout Year, the Earnout Payment calculation shall be: Where: FCF = Free Cash Flow for such Earnout Year ATA = Annual Threshold Amount for such Earnout Year SA = Cumulative Shortfall Amount (if any) from the immediately preceding Earnout Year.

  • Tenant shall also be responsible for removal of all telephone cables and wires that did not exist upon possession of the Premises, CRT, data and telephone equipment, and any other form of cabling that exists in Tenant’s space that did not exist upon possession of the Premises.

  • The Annual Threshold shall be the amount in effect for the immediately prior Agreement Year, which will be adjusted proportionately with the change in the percentage of passenger traffic at ONT; provided, however, that in no event shall the Annual Threshold Amount for a given adjustment year be decreased as the result of such adjustment.

  • Each of the parties will use his or its best ------- efforts to take all action and to do all things necessary in order to consummate and make effective the transactions contemplated by this Agreement (including satisfaction, but not waiver, of the closing conditions set forth in Articles -------- VII and VIII below).

  • Subject to the provisions of this Section 2.6, following the Closing, Seller shall be entitled to receive additional payments (each, an “Earnout Payment”) from PRE based on PRE’s generation of Free Cash Flow in any Earnout Year in excess of the applicable Annual Threshold Amount for such Earnout Year.

  • SAFE acknowledges that it is Seller's intent to refer to SAFE a sufficient number of Qualified Referral Accounts from Qualified Dealers during the initial period as are necessary to generate the Annual Threshold Amount of Commissions for that period.


More Definitions of Annual Threshold Amount

Annual Threshold Amount set forth in Section 1.1 is hereby deleted in its entirety and replaced with the following:
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Annual Threshold Amount means the threshold amount under Schedule 1 for the financial year of which the relevant period forms part.
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Related to Annual Threshold Amount

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Threshold Amount means $5,000,000.

  • Threshold Appreciation Price has the meaning specified in Section 5.1.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Threshold Percentage means 15%.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Threshold means with respect to Party B: infinity.

  • Below Threshold Asset Sale Proceeds shall have the meaning assigned to such term in the definition of the term “Cumulative Credit.”

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Five Percent Owner means an Employee who, with respect to a Participating Company, is described in section 423(b)(3) of the Code.

  • Annual Specified Amount means $400,000 escalated on each Anniversary Date by the percentage by which the CPI last published prior to such Anniversary Date has increased over the CPI last published prior to the grant of the Burswood Casino Licence.

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Threshold Price is the lowest price (except to the extent otherwise provided in Section 2.6) at which the Company may sell Shares during the applicable Pricing Period as set forth in a Fixed Request Notice (not taking into account the applicable percentage discount during such Pricing Period determined in accordance with Section 2.2); provided, however, that at no time shall the Threshold Price be lower than $3.00 per share unless the Company and the Investor mutually shall agree.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.