Net Cash Threshold definition

Net Cash Threshold is greater than Zero Dollars ($0.00).
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Net Cash Threshold is greater than One Dollar ($1.00).
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Net Cash Threshold means $8,000,000.
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Examples of Net Cash Threshold in a sentence

  • 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).

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

  • 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).

  • 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.

  • If the amount of the Reserve causes the Net Cash to drop below the Net Cash Threshold, then ITH shall initially be entitled to fifty percent (50%) of the initial $250,000 portion of the Incentive 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 [$ ].

  • 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.

  • If the amount of the Reserve causes the Net Cash to drop below the Net Cash Threshold, then the Consultant shall initially be entitled to fifty percent (50%) of the initial $250,000 portion of the Incentive Bonus.

  • If Net Cash received by IMHFC is at least $29 million (“Net Cash Threshold”), the Incentive Bonus will be an amount equal to the sum of: (a) $250,000; and (b) an additional $22,000 for each additional one million dollars of Net Cash received in excess of the Net Cash Threshold for the New Mexico Asset (each such $22,000 is referred to herein as a “Surplus Bonus”), except as provided below.


More Definitions of Net Cash Threshold

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

  • Threshold means with respect to Party B: infinity.

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