Disposition Threshold means, as of any date of determination, an amount equal to the greater of (i) $25,000,000 and (ii) 1.5% of Consolidated Total Assets.
Disposition Threshold means the Net Cash Proceeds received from one or more Asset Sales or Non-Exclusive Licenses in an aggregate amount of up to $1,500,000. For the avoidance of doubt, such amount shall be cumulative, shall not reset and shall apply to any Asset Sale or Non-Exclusive License.
Disposition Threshold means $2,500,000 individually and $10,000,000 in the aggregate.
Examples of Disposition Threshold in a sentence
Within five (5) Business Days following the receipt by the Company or any of its Subsidiaries of any Extraordinary Receipts, to the extent that the aggregate amount of such Extraordinary Receipts received since the Closing Date exceeds the Disposition Threshold, the Borrower shall prepay the Loans and Incremental Prepayment Amounts in an aggregate amount equal to one hundred percent (100%) of such Extraordinary Receipts in excess of the Disposition Threshold.
More Definitions of Disposition Threshold
Disposition Threshold means (i) $1,000,000, in connection with any individual Disposition, of series of related Dispositions and (ii) $5,000,000 in any fiscal year.
Disposition Threshold means $10,000,000 per fiscal year; provided that, to the extent that any portion of the Disposition Threshold for any fiscal year is not used in such fiscal year, such unused portion may be carried over and used to increase the Disposition Threshold for subsequent fiscal years on a dollar-for-dollar basis; provided, however, that in no event shall the Disposition Threshold exceed $25,000,000 in any fiscal year.
Disposition Threshold means $20,000,000.
Disposition Threshold means $20,000,000.