Net Cash Threshold definition

Net Cash Threshold means $8,000,000.
Sample 1Sample 2Sample 3
Net Cash Threshold is greater than Zero Dollars ($0.00).
Sample 1Sample 2Sample 3
Net Cash Threshold is greater than One Dollar ($1.00).
Sample 1Sample 2Sample 3

Examples of Net Cash Threshold in a sentence

  • The amount of the Reserve shall be included as part of the calculation of the Net Cash Threshold.

  • Surplus Bonuses shall be calculated on a prorated basis for partial one million dollar increments above the Net Cash Threshold.

  • An Adjusted Quick Ratio of at least 1.25:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than the Net Cash Threshold Amount).

  • Commencing with the month ending November 30, 2017 and tested as of the last day of each month, an Adjusted Quick Ratio of at least 1.25:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than the Net Cash Threshold Amount).

  • Series 2002-HE2, Class A_ Aggregate Certificate Principal Balance of the Class A_ Certificates as of the Issue Date: Pass-Through Rate: Variable $_____________ Date of Pooling and Servicing Agreement: Denomination: $____________ May 1, 2002.

  • Notwithstanding the foregoing, no Incentive Bonus payment will be made to the Consultant unless at least 50% of the value of the sale is allocated to land rather than water or if the Net Cash received does not exceed the Net Cash Threshold.

  • However, if the Reserve is depleted during the Reserve Period by $2 million or more, and the final Net Cash goes below the Net Cash Threshold, no further Incentive Bonus will be payable to the Consultant, but the Consultant will not have to return any portion of the Incentive Bonus previously paid.

  • As another example, if IMHFC receives $31 million in Net Cash from the sale of the New Mexico Asset, the Consultant will initially receive 50% of the Incentive Bonus ($125,000) since the initial Reserve causes the Net Cash to drop below the Net Cash Threshold.

  • If the amount of the Reserve does not cause the Net Cash to drop below the Net Cash Threshold but results in Net Cash of less than the sum of the Net Cash Threshold and $5 million [($ )], then ITH shall initially be entitled to the sum of $250,000 and 50% of each applicable Surplus Bonus.

  • If the amount of the Reserve does not cause the Net Cash to drop below the Net Cash Threshold and results in Net Cash exceeding [$ ], then ITH shall initially be entitled to the sum of: (i) $250,000, (ii) 100% of each Surplus Bonus allocable to a one million dollar increment of Net Cash above [$ ]; and (iii) 50% of each Surplus Bonus allocable to one million dollar increments of Net Cash above the Net Cash Threshold, but below [$ ].


More Definitions of Net Cash Threshold

Net Cash Threshold is defined in Section 6.2(a).
Sample 1Sample 2
Net Cash Threshold means Two Million Five Hundred Thousand Dollars ($2,500,000.00).
Sample 1Sample 2
Net Cash Threshold is One Million Five Hundred Thousand Dollars ($1,500,000).
Sample 1
Net Cash Threshold shall have the meaning set forth in Section 2.5(c).
Sample 1

Related to Net Cash Threshold

  • Net Cash means the cash proceeds (net of cash taxes paid and reasonable and customary costs paid to unrelated and unaffiliated third parties in connection with a particular transaction) arising from any Excess Cash Event.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

Most Referenced Clauses

Most Referenced Definitions