Materiality Threshold Amount definition

Materiality Threshold Amount means an amount equal to the greater of (A) 5.00% of Closing Date EBITDA and (B) 5.00% of TTM Consolidated Adjusted EBITDA.
Sample 1Sample 2Sample 3
Materiality Threshold Amount has the meaning ascribed thereto in Schedule 1;
Sample 1Sample 2Sample 3
Materiality Threshold Amount means Five Hundred Thousand Dollars ($500,000).
Sample 1Sample 2Sample 3

Examples of Materiality Threshold Amount in a sentence

  • Any asset or assets of any Group Entity or any Obligor with an aggregate value in excess of the Materiality Threshold Amount (or its equivalent in any other currency of currencies) is attached under a writ of execution.

  • Acquiror's failure to deliver to Contributor, on or prior to the last day of the Confirmation Period, an executed Confirmation Letter shall be conclusively deemed as Acquiror's confirmation of the absence of any Adverse Matters Amount in excess of the Materiality Threshold Amount.

  • For example, if the 16 Adverse Matters Amount is $750,000 (i.e. $250,000 above the Materiality Threshold Amount for the Property), and the Adverse Matters Amount in the Janesville Transaction is $400,000 (i.e. $100,000 below the Materiality Threshold Amount for the Janesville Transaction), the Gross Consideration for the Property shall be reduced by the Property's Pro Rata Share of $150,000 instead of $250,000.

  • Acquiror's failure to deliver to Meridian, on or prior to the last day of the Confirmation Period, an executed Confirmation Letter shall be conclusively deemed as Acquiror's confirmation of the absence of any Adverse Matters Amount in excess of the Materiality Threshold Amount.

  • In addition, if Contributor shall have elected to pursue arbitration pursuant to clause (C) of SECTION 3.2(D), Contributor shall have the right to require that the Closing occur on the Closing Date prior to the conclusion of the arbitration, in which event the parties shall be obligated to Close this transaction on the Closing Date and the Contribution Consideration shall be reduced by the excess of the Adverse Matters Amount over the Materiality Threshold Amount as determined by such arbitration.

  • In the event that Meridian elects to complete the arbitration after the Closing, a portion of the Net Consideration comprised of OP Units and cash (in the same proportion as the allocation of the Net Consideration between cash and OP Units) equal in value to the estimated amount in dispute in excess of the Materiality Threshold Amount (as reasonably determined by Acquiror) shall be held in escrow by the Title Company following the Closing pending completion of the arbitration.

  • At the village or community level, the survey also aimed to cover both communities with households participating in the RSE, and communities where no household had an RSE worker.

  • In the event that Contributor elects to complete the arbitration after the Closing, a portion of the Net Contribution Consideration comprised of OP Units equal in value to the estimated amount in dispute in excess of the Materiality Threshold Amount (as reasonably determined by Acquiror) shall be held in escrow by the Title Company following the Closing pending completion of the arbitration.

Related to Materiality Threshold Amount

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Threshold Amount means $5,000,000.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Threshold Appreciation Price has the meaning specified in Section 5.1.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Material Amount means an amount equal to the value of the three most recent invoices issued by ABP to the Customer;

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • materiality means the point at which the net asset value of the Share class is impacted to the extent described in Section 2.04(a)(iii) below;

  • Below Threshold Asset Sale Proceeds shall have the meaning assigned to such term in the definition of the term “Cumulative Credit.”

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Threshold means with respect to Party B: infinity.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Threshold Percentage means 15%.

  • Annual Specified Amount means $400,000 escalated on each Anniversary Date by the percentage by which the CPI last published prior to such Anniversary Date has increased over the CPI last published prior to the grant of the Burswood Casino Licence.

  • Material Environmental Amount an amount payable by the Borrower and/or its Subsidiaries in excess of $5,000,000 for remedial costs, compliance costs, compensatory damages, punitive damages, fines, penalties or any combination thereof.

  • Adverse Effect means, with respect to any action, that such action will (a) result in the occurrence of an Event of Default or (b) materially and adversely affect (i) the amount or timing of payments to be made to the Lenders pursuant to this Agreement or (ii) the existence, perfection, priority or enforceability of any security interest in a material amount of the Pledged Receivables taken as a whole or in any material part.

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

  • Maximum Permissible Amount The lesser of (i) $30,000 (or, if greater, one-fourth of the defined benefit dollar limitation under Code Section 415(b)(1)(A)), or (ii) 25% of the Participant's Compensation for the Limitation Year. If there is a short Limitation Year because of a change in Limitation Year, the Advisory Committee will multiply the $30,000 (or adjusted) limitation by the following fraction: Number of months in the short Limitation Year --------------------------------------------- 12

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Independent expenditure means an expenditure by a person:

  • Material Gas Imbalance means, with respect to all Gas Balancing Agreements to which the Borrower or any other Credit Party is a party or by which any Oil and Gas Property owned by the Borrower or another Credit Party is bound, a net overproduced gas imbalance to the Borrower and the other Credit Parties, taken as a whole, in excess of 110,000 Mcf.

  • Immaterial Title Deficiencies means minor defects or deficiencies in title which do not diminish more than 2% of the aggregate value of the Oil and Gas Properties evaluated in the Reserve Report used in the most recent determination of the Borrowing Base.

  • Covered Debt Amount means, on any date, the sum of (x) all of the Revolving Credit Exposures of all Lenders on such date plus (y) the aggregate principal amount (including any increase in the aggregate principal amount resulting from payable-in-kind interest) of Other Covered Indebtedness outstanding on such date.

  • Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in, or any other capital requirement (other than the Minimum Capital Requirement) howsoever described in, the Relevant Rules;

  • Indemnity Cap has the meaning set forth in Section 9.2(b).