Out Threshold definition

Out Threshold means three thousand (3,000) timely and valid opt outs by potential Class Members.
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Out Threshold means the confidential threshold stated in the Term Sheet executed by the Parties, dated July 29, 2020, which if exceeded gives the Defendants the option to withdraw from and terminate the Agreement as further explained in Section 11.6-11.8 herein.
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Out Threshold means the threshold agreed upon by the Representative Plaintiff and Defendants in Schedule “A” hereto, delivered to the Ontario Court (and if necessary, Quebec Court) under seal and kept confidential by the Representative Plaintiff, the Defendants and the Courts.
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Examples of Out Threshold in a sentence

  • For purposes of this Agreement, the "Specified Percentage" shall mean a fraction, the -------------------- numerator of which is the amount by which the Group Actual Earn Out EBIT exceeds the Earn Out Threshold and the denominator of which is the Earn Out Range.

  • If the Court requires that the Supplemental Agreement be filed, the Settling Parties shall request that it be filed under seal or with the Opt Out Threshold redacted.

  • The terms of the Supplemental Agreement shall not be disclosed in any other manner other than the statements herein and in the Notice, or as otherwise provided in the Supplemental Agreement, unless and until the Court otherwise directs or a dispute arises between Plaintiffs and the Settling Defendants concerning its interpretation or application; provided, however, that the Settling Defendants may include a copy of the Supplemental Agreement with the Opt Out Threshold redacted in the CAFA Notice.

  • Seller acknowledges and agrees that Seller will not be eligible for the Earn Out Payments for the First Additional Earn Out Threshold under Section 2.6(b)(i)(B) if the ***.

  • If the number of potential Class Members who have delivered and not retracted an Opt Out Form exceeds the Opt Out Threshold after these TWENTY (20) Days, Honda, in its sole and absolute discretion, may terminate this Agreement.

  • To be entitled to the Earn Out Cash and Earn Out Stock for the Second Additional Earn Out Threshold, Buyer must achieve the full amount of the Second Additional Earn Out Threshold during the Second Measuring Period.

  • To be entitled to the Earn Out Cash and Earn Out Stock for the First Additional Earn Out Threshold, Buyer must achieve the full amount of the First Additional Earn Out Threshold during the First Measuring Period.

  • For greater certainty, automatic opt outs pursuant to Rule 334.21(2) of the Federal Courts Rules are not to be counted in determining whether the Opt Out Threshold has been exceeded.

  • The amount of each Earn Out Payment shall be equal to (i) forty-five percent (45%) of the annual Gross Profit above the Earn Out Threshold Amount with respect to Qualifying Customers (as defined in Section 1.6(d) below) plus (ii) twenty-five percent (25%) of the annual Gross Profit above the Earn Out Threshold Amount with respect to Non-Qualifying Customers (as defined in Section 1.6(d) below).

  • The Opt Out Threshold is met if: (1) total Cash Compensation paid to individuals who timely and validly opt out of the Settlement exceeds 10% of the total Cash Compensation paid to all members of the Settlement Class; or (2) the headcount of individuals who timely and validly opt out of the Settlement exceeds 10% of the headcount of all members of the Settlement Class.


More Definitions of Out Threshold

Out Threshold means an amount agreed upon by the Parties in a separate document which will be executed by the Parties, delivered to the Courts under seal and kept confidential by the Parties and the Courts.
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Out Threshold means the number of Eligible Securities held by Opt Out Parties confidentially agreed upon by the Parties in the Collateral Agreement as giving rise to the Defendants’ right to terminate the Agreement pursuant to section 1.46.
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Out Threshold means the total number of Eligible Shares required to be held by all Opt-Out Parties in order to trigger the Defendants' right to terminate this Agreement in accordance with Sections 9.6 to 9.8 hereof, as particularized in the Collateral Agreement.
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Out Threshold means the number of Eligible Shares particularized in the Collateral Agreement.
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Related to Out Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

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

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

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Threshold means with respect to Party B: infinity.

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

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

  • Threshold Percentage means 15%.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • 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.

  • Step-Down Amount means, with respect to any Distribution Date, the excess, if any, of (x) the Required Pro Forma Note Balance over (y) the Pro Forma Note Balance on such Distribution Date, calculated for this purpose only without deduction for any Step-Down Amount (i.e., assuming that the entire amount described in clause (x) of the definition of “Principal Distributable Amount” is distributed as principal on the Notes); provided, however, that the Step-Down Amount in no event may exceed the amount that would reduce the positive difference, if any, of (i) the Pool Balance minus (ii) the Pro Forma Note Balance, to an amount less than 0.50% of the initial aggregate principal balance of the Receivables.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • 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.

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

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • 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.

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

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.