Availability Threshold definition

Availability Threshold means the greater of $30,000.00 or 1% of the initial principal balance of the Loan.
Availability Threshold means the proportion of Settlement Periods in which the DER Unit was Available (expressed as a percentage) during the Optional Technical Trial specified in part 2a of Schedule 2 for the purposes of determining the amount of the Participation Payment;
Availability Threshold means, with respect to each Individual Property, an amount equal to the greater of (i) $1,000,000 and (ii) five percent (5%) of the outstanding Allocated Loan Amount for such Individual Property.

Examples of Availability Threshold in a sentence

  • In addition, Lender may participate in any settlement discussions with any insurance companies (and shall approve the final settlement, which approval shall not be unreasonably withheld or delayed) with respect to any Casualty in which the Net Proceeds or the costs of completing the Restoration are equal to or greater than the Availability Threshold and Borrower shall deliver to Lender all instruments required by Lender to permit such participation.

  • In addition, Lender may participate in any settlement discussions with any insurance companies (and shall approve the final settlement, which approval shall not be unreasonably withheld or delayed) with respect to any Casualty in which the Net Proceeds or the costs of completing the Restoration are equal to or greater than the Availability Threshold and Borrower shall deliver to Lender all instruments reasonably required by Lender to permit such participation.

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  • To the extent that the Agent has dominion and control of any Payment Accounts under the DIP Loan Agreement on the Closing Date, the Agent shall release such control and dominion as long as Combined Availability Threshold Event or an Event of Default does not exist as of the Closing Date.

  • As of the last day of the Fiscal Quarter ending June 30, 2010 and any Fiscal Quarter thereafter, for which, in any case, average daily Aggregate Availability for the thirty (30) day period ending on such date is less than the Applicable Minimum Availability Threshold, the Credit Parties shall not permit the Fixed Charge Coverage Ratio for the twelve fiscal month period ending on such date to be less 1.10 to 1.00.


More Definitions of Availability Threshold

Availability Threshold means, as of any date of determination, that Available Credit equals or exceeds $25,000,000 as of such date.
Availability Threshold has the meaning set forth in the Mortgage Loan Agreement.
Availability Threshold means $450,000.00.
Availability Threshold means $150,000.00.
Availability Threshold means as of any date an amount equal to the greater of (x) $7,500,000 and (y) $7,500,000 multiplied by a fraction the numerator of which is equal to the Revolving Loan Commitment then in effect (after giving effect to all Revolving Commitment Increases and decreases to the Revolving Loan Commitments on or prior to such date in accordance herewith) and the denominator of which is $60,000,000.
Availability Threshold means $1,000,000.00.
Availability Threshold. Means the maximum Unfit for Broadcast minutes allowed before rebates/compensation are applied as per Table 1 below. The Availability Threshold shall be applied in sequence starting with the first occurrence for each Network Service in the calendar Month. Short/Medium/Long- haul designations for each Network Service are defined in Schedules A-3. 99.99 (short-haul) 4 99.98 (medium-haul) 9 99.97 (long-haul) 13