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Release Threshold definition

Release Threshold means, as of any date, the sum of (i) $18,000,000 plus (ii) 5% of the aggregate Appraised Value of the Additional Collateral consisting of engines pledged in connection with, or anticipation of, the funding of any Incremental Term Loans.
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Release Threshold is defined in Section 14.1(c).
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Release Threshold means an aggregate amount of Eight Million Five Hundred Thousand and NO/100 Dollars ($8,500,000.00).
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Examples of Release Threshold in a sentence

  • Within ten (10) Business Days of receiving any such information under clause (iv) above, the Agency shall reasonably determine if the Transferee is an Affiliate of Vertical Developer, an Affiliate of Developer or Qualified Buyer, as applicable, and whether such proposed Transferee meets or exceeds the Affiliate Release Threshold.

  • No Transferor shall be liable for the default by a Transferee in the performance of its obligations following the date of any applicable Transfer except to the extent that such Transferor has specifically agreed to satisfy or cause to be satisfied such obligations (or is an Affiliate of Developer or an Affiliate of Vertical Developer that has not meet the Affiliate Release Threshold and has thus not been released under Section 14.1(d)).

  • Upon any Transfer to an Affiliate of Vertical Developer or to an Affiliate of Developer, in either case that does not meet the Release Threshold as determined by the Agency under Section 14.1(c), the Transferor shall not be released from its obligations under this Agreement.

  • Claims denied by XXX’s claims processing system will be returned to AMHD for resolution.

  • This Catch and Release Threshold was set as the mid-point between the Recovery Target and the Limit Reference Point and should allow the stock to continue to grow.

  • State Tourism Promotion Council shall play a crucial role in ensuring joint participation of all the departments and stakeholders in this endeavour.

  • On the Closing Date, if the Pay-Off Amount equals or exceeds the Crotched Mountain Release Threshold, the Parties will cause to be executed and delivered the Crotched Mountain Membership Interest Purchase Agreement, together with all assignments, instruments of transfer, and other documentation necessary to effectuate the transactions contemplated in the Crotched Mountain Membership Interest Purchase Agreement.

  • In the event that the Registration Threshold or Release Threshold is not satisfied and Neomedic were to exercise its termination rights pursuant to Sections II.B or II.D above, Neomedic shall have no further obligations under this MOU or the Program other than the payment of the administrative costs outlined in Section III.B.

  • Companies should be consistent in their approach for all LOPC’s.Table 1—Tier 1 Material Release Threshold Quantities 26 API Recommended Practice 75427 Ibid.Table 2—Tier 2 Material Release Threshold Quantities RP 754 Annex E30, PSE Examples & Questions provides a wide variety of examples to assist companies in determining the proper classification of Tier 1 and Tier 2 PSE.

  • The purchase price (“Purchase Price”) payable by Developer for the Lagoon Landing Facility at Closing shall be an amount equal to the Release Price, plus the Release Costs, in an aggregate amount not to exceed the Release Threshold.


More Definitions of Release Threshold

Release Threshold means, with respect to any Release Request Date: (a) from the Closing Date to, but excluding the second anniversary of the Closing Date, $100,000,000; provided that from the Closing Date to, but excluding the first anniversary of the Closing Date, only Aircraft or Spare Engines that are subject to a Technical Impairment may be released pursuant to this provision; (b) from the second anniversary of the Closing Date to, but excluding the third anniversary of the Closing Date, $100,000,000; (c) from the third anniversary of the Closing Date to, but excluding the fourth anniversary of the Closing Date, $50,000,000; (d) from the fourth anniversary of the Closing Date to, but excluding the fifth anniversary thereof, $50,000,000; (e) from the fifth anniversary of the Closing Date to, but excluding the sixth anniversary thereof, $40,000,000; and (f) following the sixth anniversary of the Closing Date to, but excluding the seventh anniversary thereof, $40,000,000 (each such period, a “Relevant Period”). Notwithstanding the foregoing, with respect to any Relevant Period (i) after the initial Relevant Period, the Release Threshold shall be increased by the unused portion of the Release Threshold for the immediately preceding Relevant Period (including as such preceding Release Threshold may previously have been increased pursuant to this proviso), and (ii) prior to and including the Relevant Period ending on the fourth anniversary of the Closing Date, up to 40% of the applicable Release Threshold (as it may have been increased pursuant to clause (i)) will be available for Spare Engines Collateral (and corresponding Specified Cash Collateral), up to 40% will be available for Tier I Aircraft Collateral (and corresponding Specified Cash Collateral) and up to 70% will be available for Spare Engines Collateral and Tier I Aircraft Collateral (and corresponding Specified Cash Collateral of each) on an aggregate basis.
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Related to Release 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.

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

  • 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.

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

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

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

  • 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.

  • Release Amount has the meaning set forth in Section 4.3(f).

  • 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.

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

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

  • Threshold means, for Party B: infinity.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “BBB+”.

  • 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.

  • Aggregate Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • 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.

  • Required Ratings Threshold means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

  • Threshold Percentage means 15%.

  • Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.

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

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

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

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cut-off Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

Most Referenced Clauses

Most Referenced Definitions