Lower Band definition

Lower Band means the amount in the currency specified in the Issue Terms.
Lower Band means $950,000.
Lower Band has the meaning set forth in Section 2.05(b).

Examples of Lower Band in a sentence

  • A Lower Band Limit will be calculated for each Resource Category and will represent a range that encompasses the Median Rate to a value of minus (-) 20% of the Median Rate.

  • The firm per diem median rate calculation will apply to modify the rate to be assessed in the financial evaluation of a Bidder, where that Bidder submits a firm per diem rate for a resource category that is lower than the Lower Band Limit as calculated below.

  • The Rate of Return on Common Equity Bandwidth (“Bandwidth”) shall be an Upper Band equal to the EPCOE plus 0.50% (50 basis points) and a Lower Band equal to the EPCOE minus 0.50% (50 basis points).

  • If a Bidder bids a firm per diem rate for a Resource Category that is lower than the Lower Band Limit, that Bidder's financial evaluation will be conducted using a per diem rate equal to the Median Rate for that Resource Category.For example, if the Median Rate is determined to be $500 for a Resource Category, the Lower Band Limit would be minus (-) 20% of $500, or $400.

  • RIDER FRP INCREASEIf the CROE is less than the Lower Band, the Rider FRP Revenue level in effect for the test year shall be increased by 60% of the difference between the CROE and AROE.

  • With respect to a payment order issued to a receiving bank other than the beneficiary's bank, acceptance of the order by the receiving bank obliges the sender to pay the bank the amount of the sender's order.

  • The parties specifically agree that the Transition plan for the License shall specify use of *** technology for spectrum in the Lower Band Segment and the Upper Band Segment (and, if possible, the Middle Band Segment), or whatever other technology Operator may choose.

  • If a Bidder bids a firm per diem rate for a Resource Category that is lower than the Lower Band Limit, that Bidder's financial evaluation will be conducted using a per diem rate equal to the Median Rate for that Resource Category.For example, if the Median Rate (Y) is determined to be $500 for a Resource Category, the Lower Band Limit would be minus (-) 20% of $500, or $400.

  • NO RIDER FRP CHANGEThere shall be no change in the Rider FRP Revenue level in effect for the test year if the CROE is less than or equal to the Upper Band and greater than or equal to the Lower Band.

  • Under no circumstances shall Licensee be required to consent to any channel swap of an Upper Band Segment channel or Lower Band Segment channel for a Middle Band Segment channel, or to any swap under which the swapped channels provide less contiguous spectrum than the Channels provide as configured after giving effect to the Transition.


More Definitions of Lower Band

Lower Band and “Higher Band” shall be defined as follows: (i) if the Closing occurs on or before 11:59 p.m., Central time, on December 30, 2019, the Lower Band shall mean an amount equal to $10,000,000 and the Higher Band shall mean an amount equal to $11,000,000; (ii) if the Closing occurs after 11:59 p.m., Central time, on December 30, 2019 but on or prior to 11:59 p.m., Central time, on March 1, 2020, (A) the Lower Band shall mean an amount equal to $10,000,000 plus (x) $49,180 multiplied by (y) each calendar day that has commenced since 12:01 a.m., Central time, on December 31, 2019 (up to a maximum of sixty-one (61) calendar days), and (B) the Higher Band shall mean the amount described pursuant to preceding clause (A) plus $1,000,000; and (iii) if the Closing occurs after 11:59 p.m., Central time, on March 1, 2020, the Lower Band shall mean an amount equal to $13,000,000 and the Higher Band shall mean an amount equal to $14,000,000. An illustrative calculation of the Estimated Inventory Adjustment is included in Schedule A. The adjustment to the Purchase Price payable at the Closing pursuant to this Section 2.05(b), taking into account the Estimated Inventory Shortfall or the Estimated Inventory Excess, as applicable, is the “Estimated Inventory Adjustment” (which shall be a negative number if an Estimated Inventory Shortfall and a positive number if an Estimated Inventory Excess). If there is no Estimated Inventory Shortfall or Estimated Inventory Excess, the Estimated Inventory Adjustment shall be zero (0).
Lower Band means $1,900,000.00. “Material Adverse Change” means any change, event or occurrence that individually or in the aggregate has had, or could be reasonably likely to have, a material adverse effect upon Seller’s assets, business, operations, business prospects or condition (financial or otherwise). “Material Contracts” means each of the following, whether oral or written: (a) all Contracts requiring payments, or potential payments, to or from Seller in the aggregate in excess of $25,000.00 on an annual basis; (b) all Contracts of Seller with a remaining term in excess of six months; (c) all loan, financing, security, guaranty or other Contracts evidencing or relating to Indebtedness or Liens on the Purchased Assets; (d) all Contracts relating to Benefit Plans; (e) all management, employment, severance, confidentiality, noncompetition or agency Contracts of Seller; (f) all labor Contracts and collective bargaining Contracts of Seller; (g) all Contracts containing covenants that (i) limit or purport to

Related to Lower Band

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