Disposition Threshold Amount definition
Disposition Threshold Amount has the meaning specified therefor in Section 6.7 of the Agreement.
Disposition Threshold Amount means, as of any date of determination thereof, the greater of (x) $100,000,000 and (y) 12.5% of Consolidated EBITDA for the Measurement Period most recently ended for which financial statements have been delivered.
Disposition Threshold Amount means $20,000,000.
Examples of Disposition Threshold Amount in a sentence
Notwithstanding the foregoing, in the event of a Specified Disposition, the Net Cash Proceeds received by any Loan Party or its Subsidiaries in connection with such Specified Disposition in excess of the Specified Disposition Threshold Amount may be retained by the Loan Parties and not paid to the Administrative Agent as a prepayment of the Loans to the extent that such Net Cash Proceeds are applied in accordance with Section 2.05(c)(vi).
More Definitions of Disposition Threshold Amount
Disposition Threshold Amount has the meaning specified in Section 2.05(b)(ii).