Individual Threshold definition

Individual Threshold means a share of loop flow from an individual bidding zone, which is considered legitimate and shall not be identified as contribution to congestion with the same priority as the loop flow above this value

Individual Threshold has the meaning set forth in Section 11.1(d)(ii)(B).

Individual Threshold means, (a) with respect to the obligations of Seller set forth in Section 12.2(a) an amount equal to One Hundred Fifty Thousand Dollars ($150,000.00), and (b) with respect to the obligations of Seller set forth in Section 12.2(b), an amount equal to the Seller Share of One Hundred Fifty Thousand Dollars ($150,000.00).

Examples of Individual Threshold in a sentence

• Purchaser agrees that to the extent that Purchaser discovers any Title Defect that could be brought under the special warranty provided for in the Conveyances prior to the Defect Deadline, Purchaser will assert such Title Defect pursuant to the provisions of this Article VI rather than making a claim for such Title Defect pursuant to such special warranty provided for in the Conveyances, expressly taking into account the Individual Threshold and the Defect Deductible.

• Notwithstanding any provision in this Agreement, including Sections 1.4 and 1.5 above, to the contrary, all reductions from the Escrow Amount permitted pursuant to Sections 1.4 and 1.5 shall be made on a dollar-for-dollar basis regardless of amount and without regard to the Individual Threshold Amount or Aggregate Threshold Amount.

• For greater certainty, if the Individual Threshold or $2,000,000 Threshold (as applicable) is exceeded, subject to Section 12.5.2, an Indemnified Person shall be entitled to be indemnified for the aggregate amount of all related Damages (starting with the first dollar).

• Subject to Purchaser’s right to dispute the existence of a Title Benefit and the Title Benefit Amount asserted with respect thereto, Seller’s sole and exclusive remedy with respect to any Title Benefit shall be to offset the Title Defect Amounts that exceed the Individual Threshold pursuant to Section 6.1(f), but only to the extent the Title Benefit Amount of any such Title Benefit exceeds the Individual Threshold.

• In addition, notice of any casualty, damage, injury or Taking, the restoration of which is estimated by Grantor in good faith to cost more than the Individual Threshold Amount, shall set forth such good faith estimate of the cost of repairing or restoring such casualty, damage, injury or Taking in reasonable detail if the same is then available and, if not, as soon thereafter as it can reasonably be provided.

More Definitions of Individual Threshold

Individual Threshold has the meaning set forth in Section 5.1.

Individual Threshold means One Hundred Twenty Five Thousand Dollars ($125,000.00).

Individual Threshold means 6% of the Company’s issued and outstanding capital stock as of immediately following the last Closing (on an as-converted to Common Stock basis).

Individual Threshold means (pound)500,000 (in April 1995 prices).

Individual Threshold means an amount equal to Seventy-Five Thousand Dollars ($75,000.00).

Individual Threshold has the meaning set forth in Section 9.02.

Individual Threshold has the meaning specified in Section 12.5.1.