Replacement Threshold definition

Replacement Threshold has the meaning set forth in the Summary of Loan Terms.
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Replacement Threshold has the meaning set forth in the Summary of Master Terms.
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Replacement Threshold has the meaning set forth in Section 8.7.2(b). Note: Reference to “Merck” in this document refers to the Group of Companies affiliated with Merck KGaA, Darmstadt, Germany.
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Examples of Replacement Threshold in a sentence

  • Ideaya shall pay Pfizer the Manufacturing Costs of any replaced Pfizer Compound which Pfizer agrees to supply in excess of the Replacement Threshold.

  • 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.

  • 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.

  • 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.

  • ESS Replacement Threshold is met to provide for the ESS replacement in efforts to ensure that the project will achieve the Host’s resiliency goals over a 20-year PPA term.

  • Vaccinex shall pay Merck the Manufacturing Costs per vial of any replaced Merck Compound beyond the Replacement Threshold which Merck agrees to supply; provided that the Manufacturing Cost per vial of Merck Compound charged by Merck pursuant to this Section 8.7.2(b) shall not exceed US$[***].

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

  • 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.


More Definitions of Replacement Threshold

Replacement Threshold has the meaning set forth in Section 8.7.2(b).
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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 $41,000,000.00.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

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

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit from which all or substantially all of the waste is removed, and which is subsequently reused to treat, store, or dispose of hazardous waste. Replacement unit does not include 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 a closure or corrective action plan approved by USEPA or the Agency.

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

  • Replacement Facility means 1 of the following: