Minimum Threshold Amount definition

Minimum Threshold Amount is defined in Section 2.7(d)(iii).
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Minimum Threshold Amount means an amount equal to the greater of 10.00% of Closing Date EBITDA (i.e., $17,460,000) and 10.00% of TTM Consolidated Adjusted EBITDA.
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Minimum Threshold Amount means the minimum Principal Amount of this Debenture that may be partially converted or redeemed, as applicable, such amount being US$100,000;
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Examples of Minimum Threshold Amount in a sentence

  • Assuming a total of 190,476,190 Placement Shares (based on the Committed Capital and the Minimum Threshold Amount of HK$0.63 per Placement Share) are issued, the gross proceeds and net proceeds to be raised by the Company therefrom will be HK$120 million and approximately HK$119.2 million, respectively.

  • In the event that the Actual Performance is less than 100% of the Target but in excess of the Minimum Threshold Amount, the Participant shall be entitled to an Award equal to the sum of (i) the Minimum Bonus Amount and (ii) an amount equal to 5% multiplied by the Targeted Bonus Amount for each 1% that the Actual Performance exceeds the Minimum Threshold Amount (subject to the limitation set forth in Section 8 hereof).

  • In addition, none of the thresholds and limitations set forth in this Section 8.5 (including the Liability Threshold, the Minimum Threshold Amount and the Cap) shall apply to any adjustments to the Purchase Price provided for in Sections 1.6, 1.7 and 1.8.

  • Purchasers shall have no liability under Section 8.2(a)(i) or otherwise pursuant to this Agreement or arising out of the Transactions for any claim resulting in Seller's Losses of less than $10,000 and until the total aggregate of Seller's Losses exceeds the Minimum Threshold Amount and then only for the amount by which Seller's Losses exceed the Minimum Threshold Amount.

  • Following the earlier of: (a) a Qualified Public Offering or (b) such time as Hilton and LodgeNet each maintains an aggregate Percentage Unit in the Company of less than the Minimum Threshold Amount, the foregoing actions will require approval of a majority of a quorum of the Board of Managers.


More Definitions of Minimum Threshold Amount

Minimum Threshold Amount means an amount equal to five million dollars ($5,000,000).
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Minimum Threshold Amount means the following amounts for each respective calendar year: (i) for 2019: $638,408; (ii) for 2020: $974,551; (iii) for 2021: $1,260,149; (iv) for 2022: $1,487,429; (v) for 2023: $1,714,708;
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Minimum Threshold Amount means, in any calendar year, £100,000,000 increased annually by reference to the retail prices index from the Effective Date to the first day of such calendar year;
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Minimum Threshold Amount defined in Section 5.7(a) hereof.
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Minimum Threshold Amount means the amount equal to the sum of (a) the greater of (i) $30,000,000 or (ii) fifteen (15%) percent of the Maximum Credit, plus (b) either (i) the unpaid amount with respect to the Borrowers’ and Guarantors’ VIM/VAR furnace projects (less any portion thereof reimbursement for which has been unconditionally committed to by any third party (other than an Affiliate of Borrowers or Guarantors) on terms and conditions reasonably satisfactory to Agent) as determined pursuant to the reports that are delivered to Agent pursuant to Section 7.1(a)(i)(C) hereof or (ii) such other amount as may be agreed to by the Agent and Administrative Borrower from time to time.
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Minimum Threshold Amount is defined in the definition of “Material Debt.”
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Minimum Threshold Amount means $20,000,000.
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