Minimum Threshold Amount definition

Minimum Threshold Amount is defined in Section 2.7(d)(iii).

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.

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;

Examples of Minimum Threshold Amount in a sentence

• At a date to be determined by the Secretary of State in respect of a Supplier (or some or all Suppliers collectively), and notified to the Supplier or Suppliers, but not later than the day on which the Final Reconciliation Amount is paid, the Base Minimum Threshold Amount is set to zero (0).

• The Supplier is required to make payment of a Support Payment under Section 10.3.3(b) if and to the extent that the Supplier Payment Reserve is, or would (but for such payment) be less than the Minimum Threshold Amount.

• For greater clarity, the City agrees that TransLink will not be required to pay the City Fibre Share, or portions thereof, until such time as the Total Revenue is at least equivalent to the Minimum Threshold Amount for the respective year.

• Provided that the Total Revenue is at least equivalent to the Minimum Threshold Amount for the respective year, TransLink will pay to the City an amount equal to ten per cent (10%) of the Fibre Gross Revenue (the “City Fibre Share”).

• If any year of this Contribution Agreement is less than a full calendar year, TransLink shall calculate and pay the City Fibre Share by prorating the Minimum Threshold Amount and then applying this clause to the partial period of that shorter year.

More Definitions of Minimum Threshold Amount

Minimum Threshold Amount means an amount equal to five million dollars ($5,000,000).

Minimum Threshold Amount means (a) as of the date hereof, $100,000,000; and (b) at any time after the date hereof, $100,000,000 or such higher amount for Material Indebtedness (as defined in the Primary Credit Agreement) as may be specified in the Primary Credit Facility from time to time, and, if for any reason no Primary Credit Facility then exists, the amount for Material Indebtedness in the Primary Credit Facility that was most recently in effect; provided that in no event shall the Minimum Threshold Amount hereunder be greater than $200,000,000. If at any time the Primary Credit Facility contains an amount for Material Indebtedness that is greater than $100,000,000 (but in no event greater than $200,000,000), then such amount shall be deemed automatically incorporated by reference into this definition of this Agreement, mutatis mutandis, as if set forth in full herein, effective as of the date when such Minimum Threshold Amount shall have become effective under the Primary Credit Facility.

Minimum Threshold Amount has the meaning ascribed in Section 8.01(b)(ii) or Section 8.02(b )(ii), as the context requires.

Minimum Threshold Amount means Five Million Dollars ($5,000,000).

Minimum Threshold Amount is defined in the definition of “Material Debt.”

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.

Minimum Threshold Amount means an amount equal to (a) from the Closing Date through the Inventory Appraisal Date, Fifteen Million Dollars ($15,000,000), and (b) after the Inventory Appraisal Date, Ten Million Dollars ($10,000,000).