Cost Saving Threshold definition

Cost Saving Threshold means the difference between: (i) the aggregate Costs and Expenses incurred by the Cost Saving Entities as is derived from the FY 21 Consolidated Management Accounts; and (ii) the aggregate Costs and Expenses incurred by the Cost Saving Entities as is derived from the FY 19 Consolidated Management Accounts, which difference being an amount equal to or more than INR 140,00,00,000 (Indian Rupees One Hundred Forty Crores only), but which shall exclude those cost savings which have been realized from the initiatives implemented by the Cost Saving Entities on or prior to March 31, 2019;