Replacement Threshold definition

Replacement Threshold has the meaning set forth in the Summary of Loan Terms.
Replacement Threshold has the meaning set forth in the Summary of Master Terms.
Replacement Threshold has the meaning set forth in Section 8.7.2(b). [***] INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. Note: Reference to “Merck” in this document refers to the Group of Companies affiliated with Merck KGaA, Darmstadt, Germany.

Examples of Replacement Threshold in a sentence

  • The Replacement Threshold is the lesser of ( i) the cost of replacing the COSS or AOSS with a like system or (ii) the total cost, including all fees, of connecting to the Town’s public sewer.

  • The provisions of paragraph (a) do not necessarily prohibit the repair of COSS or AOSS systems already in place, but if any such repair should exceed 33% of the Replacement Threshold described below, the repair shall be deemed a replacement and thus prohibited by paragraph (a).

  • Additionally, VPDF has committed to donate additional funds, separately and in addition to the Available Donation Amount, to each Participant after the 10th anniversary of the Commercial Operation date of its respective PV + ESS when the ESS Replacement Threshold is met, to provide for the replacement of the ESS and ensure that the project will achieve each Participant’s resiliency goals over a 20-year PPA term.

  • According to an official at the National Association of Community Health Centers, this disparity is due to “a lack of political and community leadership in the state to aggressively pursue available federal funding.”• Parish Health Units.

  • The ESS Replacement Threshold shall be defined as the point at which the ESS energy retention degrades below 70% of its energy capacity, as measured in kWh, after the 10th anniversary of the Commercial Operation Date of the PV + ESS.

  • As a Special Condition under the PPA, the Winning Respondent(s), or any of its Assignees, will be asked to commit to replacing the ESS if the ESS Replacement Threshold is reached, and to continuing operations and maintenance services for the remainder of the PPA term.

  • Alternative language may be submitted.OTHER COMMENTS • Dock Length – One attendee would like to keep the 200 ft dock length that currently exists in the code as his dock on the north side of the lake is already 150 feet long and in August, he only has a depth of four feet at the end of the dock.• Replacement Threshold – One attendee recommended allowing up to a 100 percent replacement threshold for piles and decking before it was considered a full replacement.

  • Renewal and Replacement Threshold Requirements and Review‌After application submission, OHH staff will perform an initial threshold review of all applications.

  • Replacement and Reconstruction ThresholdsRehabilitation to damaged homes or retrofits to purchased or partially rebuilt homes are only considered if the project falls below the following Replacement and Reconstruction Thresholds:• Replacement Threshold (Manufactured Homes):o The manufacturing date of the home is after 1995, ando Damage estimate for Rehabilitation and/or retrofits to a damaged or pre- Program purchased unit are under $50,000.

  • The statutory financial statements for 2019 will be delivered to the Registrar of Companies in due course.


More Definitions of Replacement Threshold

Replacement Threshold has the meaning set forth in Section 8.7.2(b).

Related to Replacement Threshold

  • 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.

  • 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.

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

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

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

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

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

  • Replacement Price means the price, determined by Buyer in a commercially reasonable manner, at which Buyer purchases (if at all) substitute SRECs having the same or subsequent Reporting Year as those SRECs not delivered by Seller for the deficiency or, absent such a purchase, the Market Price for such quantity of SRECs at or during the time that Seller fails to deliver the SRECs, provided that the Market Price shall never exceed the solar alternative compliance payment.

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

  • 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+”.

  • Replacement Date has the meaning set forth in Section 2.08(b).

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

  • 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.

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

  • Approved Amount means the amount that the dentist has agreed to accept as full payment for treatment.

  • 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”.

  • Qualifying Replacement Capital Covenant has the meaning specified in the Replacement Capital Covenant.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit (1) from which all or substantially all of the waste is removed, and (2) that is subsequently reused to treat, store, or dispose of hazardous waste. “Replacement unit” does not apply to a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with an approved closure plan or EPA or State approved corrective action.

  • Replacement Facility means 1 of the following:

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.