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) $1,000,000 and (ii) five percent (5%) of the outstanding Allocated Loan Amount for such Individual Property.
Examples of Availability Threshold in a sentence
The Project’s Equivalent Availability Factor for the year is above the Equivalent Availability Threshold and accordingly no Availability Rebate is payable.
The Project’s Equivalent Availability Factor is below the Equivalent Availability Threshold.
Term Value ($ million) Reference Details Annuity Cap (AC) 4 Net Revenue Threshold (NRT) 15 Equivalent Availability Threshold (EAT) 97 Annual amounts for example Net Operational Revenue (NOR), annual 10 Equivalent Availability Factor (EAF) 99 Net annual LTESA payments 4 Overall project revenues, being the net of Net NOR+∑QAP+ARP-ARF Operational Revenues and LTESA payments.
More Definitions of Availability Threshold
Availability Threshold has the meaning set forth in the Mortgage Loan Agreement.
Availability Threshold means $150,000.00.
Availability Threshold means $450,000.00.
Availability Threshold means, as of any date of determination, that Available Credit equals or exceeds $25,000,000 as of such date.
Availability Threshold means $1,000,000.
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 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. TABLE 1 UNFIT FOR BROADCAST AVAILABILITY THRESHOLD Availability (%) Monthly (Unfit Minutes) 99.99 (short-haul) 4 99.98 (medium-haul) 9 99.97 (long-haul) 13