Professional Threshold definition

Professional Threshold means a retail value of Eight Hundred Euros (800.00 €) or, if a product is sold in a currency other than Euro, shall mean the equivalent value of Eight Hundred Euros (800.00 €) in that currency, as determined on the basis of the exchange rate published by the European Central Bank on the first business day of each semi-annual period (January 1-June 30 and July 1-December 31 of each year). Sisvel will notify to Licensees each semi-annual period a table setting out the equivalent professional threshold in different currencies, based on the above exchange rate, which shall apply to the whole of that semi-annual period.
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Examples of Professional Threshold in a sentence

  • A Related Entity demonstrating compliance with any of the Professional Threshold Requirements, shall be the entity responsible (jointly and severally with the Bidder and the Member) for the execution of the part of the Works (as applicable and respectively to the category of experience demonstrated) on behalf of the Bidder in the event of a Successful Bid.

  • For the purpose of demonstrating compliance with the Professional Threshold Requirements specified in Clause 3.2.1 above (Operating Experience), the Experienced Operator is allowed to present and rely on a referenced project which was executed by one of the following Entities, in accordance with the provision of Clauses 4.2.3.1 to 4.2.3.4 below:(in this Clause 4.2.3, an Experienced Operator relying on a referenced project which was executed by another Entity shall be referred to as a “Relying Entity”).

  • Compliance with professional threshold conditions for the productAppendix GCompliance with professional threshold conditions for the product that are listed in the table in Appendix G and are marked as "Threshold requirements" Compliance with Professional Threshold Conditions for Integration Services0.5.3.1The bidder or his local partner shall have the capability of local support for handling faults and for guiding the Ministry’s support team.

  • For the purpose of compliance with the Professional Threshold Requirements, professional experience gained by the demonstrating entity as part of a joint venture, shall be attributed to the demonstrating entity, provided that as part of such joint venture, the demonstrating entity was the entity which actually performed all the activities required as part of the professional experience.

  • The Participant has added that all information is known to the Water Authority who has inspected the execution of the project and as such can confirm the details in the context of the Professional Threshold Requirement(s) and evaluation of the EXPS.

  • A "Wholly Owned Subsidiary" shall mean a corporate entity which 100% of its holding is held (either directly or indirectly) by a demonstrating entity of any of the Professional Threshold Requirements.

  • The demonstrating entity may rely on the professional experience of one or more Wholly Owned Subsidiary for the purpose of demonstrating a Professional Threshold Requirement.It is clarified that when relying on the professional experience of a Wholly Owned Subsidiary, the Wholly Owned Subsidiary is not considered a Related Entity for the purposes of the Bid submission and is not required to fulfill the role and responsibilities of a Related Entity, nor is it required to submit any Bidding Forms.

  • Each Bidder is required to meet the professional threshold requirements set forth in Sections 6.1 (Transportation Projects Experience), 6.2 (Ballast Track Works Experience), and 0 (Standards) (the "Professional Threshold Requirements").

  • For the purpose of compliance with the Professional Threshold Requirements, professional experience gained by the demonstrating entity as part of a joint venture shall be attributed to the demonstrating entity provided that, as part of such joint venture, the demonstrating entity was the entity which actually performed all the activities required as part of the professional experience.

  • The Bidder shall attach to the aforesaid Form A1 drawings of the demonstrated project in sufficient detail to demonstrate its compliance with the Professional Threshold Requirements set forth in Part A, Clause 2.1 (Design and Construction of Underground Structure Experience).

Related to Professional Threshold

  • Threshold means with respect to Party B: infinity.

  • Professional Client means a “Professional Client” for the purposes of CySEC Rules, as specified in the Client Categorization Policy found on the Company’s Website.

  • Professional Fee Claim means a Claim by a professional seeking an award by the Bankruptcy Court of compensation for services rendered or reimbursement of expenses incurred through and including the Confirmation Date under sections 330, 331, 503(b)(2), 503(b)(3), 503(b)(4), or 503(b)(5) of the Bankruptcy Code.

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