Closing Threshold definition

Closing Threshold is defined in Section 5.13(d).
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Closing Threshold has the meaning set forth in Section 9.2(a).
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Closing Threshold means 13.2%.
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Examples of Closing Threshold in a sentence

  • Until a Closing Threshold is reached, an investor may modify the amount such investor will invest by changing the amount of CNote Notes the investor elects to purchase.

  • Once the Closing Threshold is reached, investors receive notice that a Closing will occur within the next 24 hours.

  • If the Company desires to change the Closing Threshold, it will file a request with the Securities and Exchange Commission (the “SEC”) through a post-effective amendment of the offering statement to which this offering circular forms a part.

  • The date of each Closing (a “Closing Date”) shall be specified by Triad to MNW at least seven (7) days in advance of such Closing, but in no event once the Closing Threshold is met with respect to a set of Assets shall the Closing Date thereon be scheduled more than twenty-one (21) days after achieving the Closing Threshold.

  • Notwithstanding the foregoing, each time that Assets with a Purchase Price value approximately equal to the Closing Threshold have satisfied the title and lease review and approval conditions of this Article 2, Triad shall schedule Closing thereon.

  • At December 31, 2000, Trendwest shall maintain a Consolidated Net Worth of at least $186,698,000 ("Closing Threshold").

  • As of the end of each fiscal quarter thereafter, Trendwest shall maintain a minimum Consolidated Net Worth equal to the Closing Threshold plus the sum of (i) 75% of Trendwest's positive net income for the period commencing on April 1, 2000 and ending on the day proceeding such fiscal quarter plus (ii) the Dollar amount of net proceeds received by Trendwest from the sale of new common or preferred equity during such period.

  • Regardless of whether or not the Closing Threshold is reached, Triad commits to Close at least every thirty (30) days on all acreage that has cleared Title and Lease Examination.

  • In the event that Seller has funded capital expenditures consistent with Seller’s capital expenditure program in excess of the Cap Ex Closing Threshold prior to the Closing Date, the Purchaser shall reimburse Seller at Closing for any excess between the amounts actually expended by Seller and the Cap Ex Closing Threshold.

  • In the event that Seller has not expended an amount equal to the Cap Ex Closing Threshold on capital expenditures consistent with Seller’s capital expenditure program prior to the Closing Date, Purchaser shall be entitled to receive a credit against the Purchase Price in an amount equal to the deficit between the actual capital expenditures made by Seller as of the Closing Date and the Cap Ex Closing Threshold.


More Definitions of Closing Threshold

Closing Threshold means $2,160,000.
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Closing Threshold as defined in Section 6.1.1 (iii).
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Closing Threshold has the meaning assigned to such term in Section 6.11(c).
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Related to Closing Threshold

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

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

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

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the GREATER of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

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

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

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

  • Alteration Threshold means, with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount (as defined in the Mortgage Loan Agreement) of such Individual Property.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • 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.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Second Closing Date means the date of the Second Closing.

  • Restoration Threshold means with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount of such Individual Property.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Second Closing has the meaning set forth in Section 2.2.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.