Release Threshold definition

Release Threshold is defined in Section 14.1(c).
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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 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

  • 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)).

  • Corley, Revisiting Bloodstein's Anticipatory Struggle Hypothesis from a psycholinguistic perspective: A Variable Release Threshold Hypothesis of stuttering.

  • Upon execution, this Release shall be held in escrow by the Trustee until the Release Threshold is satisfied or waived by Neomedic pursuant to the MOU.

  • Promptly upon satisfaction or waiver of the Release Threshold, for each Registered Claimant who submitted to the Trustee a Release, the Lien Resolution Administrator shall provide to the Trustee and Neomedic written notice of whether it has determined there are any Liens And Other Interests, and if so, for each Lien And Other Interest, the holder of such Lien And Other Interest and the amount or the maximum potential amount of such Lien And Other Interest.

  • 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.

  • Applicants have the right to appeal negative decisions of the REB.

  • Upon issuance of a Release Certification or amended Release Certification reflecting satisfaction or waiver of the Release Threshold, an additional Ten Thousand Dollars ($10,000.00) of the Settlement Amount (“Subsequent Administrative Costs”) may be used to pay for administrative fees, costs, and expenses incurred to implement the Program.

  • Should the Release Threshold be satisfied or waived in writing by Neomedic, the Trustee shall transfer to the recipient(s) jointly designated in writing by Neomedic and Columbia Casualty Company the sum of the Allocated Amounts for each Registered Claimant who timely did not submit to the Trustee valid and complete Release Documentation on the later of November 30, 2016 or within seven days of the Trustee’s receipt of the joint written directions from Neomedic and Columbia Casualty Company.

  • Should the Release Threshold not be satisfied or waived, within ten days of Neomedic’s written notice of its termination, the Trustee shall provide an estimate of any administrative costs necessary to conclude the Trust, as determined by the Trustee after consultation with Neomedic’s counsel and MDL 2511 Co-Lead Counsel.


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.

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

  • Threshold means with respect to 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 from S&P of “BBB+”.

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Covered Debt Amount means, with respect to a Borrower, on any date, (a) all of the Revolving Credit Exposures of all Lenders to such Borrower on such date plus (b) the aggregate amount of outstanding Other Secured Indebtedness of such Borrower and the other members of its Obligor Group on such date plus (c) the aggregate amount of any Indebtedness of such Borrower and the other members of its Obligor Group incurred pursuant to Section 6.01(g) plus (d) the aggregate principal amount of (i) solely with respect to CCT (or any successor), the CCT 2022 Notes, (ii) solely with respect to FSIC (or any successor), the FSIC Notes and (iii) with respect to each Borrower, all Special Longer-Term Unsecured Indebtedness of such Borrower and the other members of its Obligor Group, solely to the extent that such CCT 2022 Notes, FSIC Notes and Special Longer-Term Unsecured Indebtedness, as applicable, are within 9 months prior to the scheduled maturity or earlier redemption date of such Indebtedness plus (e) any portion of any Unsecured-Longer Term Indebtedness that is subject to a contractually scheduled amortization payment, other principal payment or redemption (other than any conversion into Permitted Equity Interests) earlier than the scheduled maturity date of such Indebtedness, but only to the extent of such portion and beginning upon the date that is the later of (i) 9 months prior to such scheduled amortization payment, other principal payment or redemption and (ii) the date such Borrower becomes aware that such Indebtedness is required to be paid or redeemed, plus (f) Hedging Agreement Obligations (as defined in the Guarantee and Security Agreement to which such Borrower is a party) (other than Hedging Agreement Obligations arising from Hedging Agreements entered into pursuant to Section 6.04(c)) minus (g) the LC Exposures with respect to such Borrower fully cash collateralized on such date pursuant to Section 2.04(k) and the last paragraph of Section 2.08(a) or otherwise backstopped in a manner satisfactory to the relevant Issuing Bank in its sole discretion.

  • 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 Cutoff Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • 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”.