Examples of De Minimis Threshold in a sentence
G-8 Extend completion date of New Middle School to December 1, 2017.
The two aggregate gross notional amount thresholds are: (i) $3 billion, subject to a phase in level of $8 billion 5 (General De MinimisThreshold), and (ii) $25 million with regard to swaps in which the counterparty is a ‘‘special entity’’ (Special Entity De Minimis Threshold).
Proposed Regulation 1.3(ggg)(4)(i)(B)(1) would not, however, permit a person to exclude the gross notional amount of such utility operations-related swaps in determining whether the person has exceeded the General De Minimis Threshold.
The Proposal would amend Regulation 1.3(ggg)(4)(i) to permit persons engaging in utility operations-related swaps with utility special entities to exclude such swaps solely for purposes of determining whether they have exceeded the Special Entities De Minimis Threshold.
Regulation 1.3(ggg) defines the term ‘‘swap dealer.’’ Currently, Regulation 1.3(ggg)(4)(i) provides for a de minimis exception from the swap dealer definition, under either the General De Minimis Threshold or the Special Entity De Minimis Threshold.