Initial Threshold definition

Initial Threshold means, at any time, the sum of (i) $175,000,000 plus (ii) an amount equal to 50% of Consolidated Net Income (if positive) for each fiscal quarter of the Borrower commencing with the fiscal quarter ending September 30, 2002 plus (iii) an amount equal to 75% of net proceeds of any public equity offering by the Borrower or any Subsidiary after the date hereof.

Initial Threshold has the meaning set forth in Section 7.2(b).

Initial Threshold means that percentage of the Outstanding Voting Power equal to the percentage of the Company Voting Securities beneficially owned by the Investor as of the Closing (as defined in the Purchase Agreement), after giving effect to the transactions contemplated by the Purchase Agreement and the Merger Agreement (as defined in the Purchase Agreement).

Examples of Initial Threshold in a sentence

• Complaint Assessment 65.1 Initial Threshold Questions/ Determining whether the Complaint is in-scope 65.2 Notification to Parties 75.3 Assessment 85.4 External Referral 85.5 Referral to Alternative Dispute Resolution 85.6 Provisional Action 95.7 Unreasonable demands/behaviours 106.

• Complaint Assessment 65.1 Initial Threshold Questions/ Determining whether the Complaint is in-scope65.2 Notification to Parties75.3 Assessment85.4 External Referral85.5 Referral to Alternative Dispute Resolution85.6 Provisional Action95.7 Unreasonable demands/behaviours10 6.

• On each occasion when the cumulative monthly total gross congestion cost of a constraint exceeds the applicable Initial Threshold, the Office of the Interconnection shall post a notice to that effect on the PJM Internet site and shall begin determining the extent to which the total affected load cannot be hedged by the use of FTRs or other measures, i.e., the extent of unhedgeable congestion associated with the applicable transmission constraint.

• Upon the occurrence of your Death or Disability when the Trigger Event Price is equal to or greater than $38.00 but less than $46.00, a number of Designated Shares equal to the greater of (i) the Trigger Event Shares or (ii) the unvested Initial Threshold Shares if a 40% Qualification Event has previously occurred plus the unvested Second Threshold Shares if a 100% Qualification Event has previously occurred, will vest immediately, and the remaining Designated Shares shall be forfeited immediately.

• Upon the occurrence of a Change of Control when the Trigger Event Price is equal to or greater than $38.00 but less than $46.00, a number of Designated Shares equal to the greater of (i) the Trigger Event Shares or (ii) the unvested Initial Threshold Shares if a 40% Qualification Event has previously occurred plus the unvested Second Threshold Shares if a 100% Qualification Event has previously occurred, will vest immediately, and the remaining Designated Shares shall be forfeited immediately.

More Definitions of Initial Threshold

Initial Threshold shall have the meaning set forth in Section 6.3(c).

Initial Threshold has the meaning given in clause 4.2;

Initial Threshold means twenty percent (20%).

Initial Threshold means the dollar amount listed as the “Initial Threshold” on Section 1.05 of the Disclosure Schedule. “Key Customer” means each Person listed as a “Key Customer” on Section 1.05 of the Disclosure Schedule.

Initial Threshold has the meaning Clause 3.3;

Initial Threshold has the meaning set forth in Section 8.4(c).

Initial Threshold means the dollar amount listed as the “Initial Threshold” on Section 1.05 of the Disclosure Schedule.