Requisite Level definition

Requisite Level means 5% or more of the number of shares of Holding --------------- Company Common Stock outstanding immediately after the consummation of the transactions contemplated by the Reorganization Agreement and the Univisa Contribution Agreement and prior to any further issuances for refinancing or other purposes, as such total number is adjusted to reflect stock splits, combinations, stock dividends, recapitalizations, reclassifications, and similar transactions.
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Requisite Level means 5% or more of the number of shares of Holding
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Requisite Level. Requisite Level" means with respect to any state for any Joint Venture Agreement Year(s) Market Approvals sufficient to support a number of Facilities that is equal to (a) for the Joint Venture Agreement Years 1999-2000, the product of (i) 1.5 times (ii) the difference between (x) the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Years and (y) the number of Project Starts occurring in such state during the period of January 1, 1999, through June 30, 1999 (such product rounded to the next highest whole number), and (b) for each other Joint Venture Agreement Year, the product of 1.5 times the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Year (rounded to the next highest whole number).
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Examples of Requisite Level in a sentence

  • For convenience we report here the complete tables regarding the modelling of SLAs. ID Name Requisite Level Description Remarks Referenced metrics CAP- 01 Ingestion/Delivery Mandatory Capability to upload/download material and related metadata in the form of an agreed SIP, more protocols (e.g. ftp, http) and modalities (e.g. push, pull) should be provided ME-05 ME-07 CAP- 02 Validation Mandatory Identification and formal check of formats including wrappers, AV essence and metadata formats.

  • Schwarz, Demonstrating the Requisite Level of Proof for a Federal Trademark Dilution Claim: Establishing Actual Dilution Following Moseley v.

  • For example, if the limit on Eligible Deposits is $500, but an unregistered reinsurance agreement only covers losses in excess of Best Estimate Liabilities up to $300, then any available amounts above $300 may not be recognized in Eligible Deposits, even if the total amount covered under the reinsurance agreement is above the Requisite Level in section 10.4.2.

  • Does Not Define A Requisite Level Of Mental Illness.Contrary to Texas’s claim, BIO 18-19, Edwards did not define a severity of mental illness needed to restrict the ffaretta right.

  • If anything, the FCC’s evidence of lower prices in the above‐1000 MHz spectrum suggests that carriers that purchase such spectrum will not incur higher buildout costs, so long as buildout costs are properly defined to include both spectrum costs and deployment costs.C. The Requisite Level of Spectrum Below­1000 MHzThe FCC’s analysis of the concentration of spectrum holdings below 1000 MHz is slightly misleading.

  • If a coinsurance arrangement does not cover all losses up to the level of the ceded insurance contract Best Estimate Liability plus the marginal insurance risk requirement for the ceded business (the Requisite Level), then it is necessary for the ceding insurer to increase its required capital or margin, or reduce the limit on Eligible Deposits recognized.

  • Demonstrating the Requisite Level of Proof for a Federal Trademark Dilution Claim: Establishing Actual Dilution Following Moseley v.

Related to Requisite Level

  • Authorized Control Level RBC means the number determined under the risk-based capital formula in accordance with the RBC instructions;

  • Requisite Lenders means Lenders having (a) more than 50% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Loans.

  • Requisite Notice means a notice delivered in accordance with Section 10.02.

  • mandatory control level RBC ’ means the product of .70 and the authorized control level RBC.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Requisite Amount has the meaning specified in the Spread Account Agreement.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Required Lenders means, at any time, Lenders having Revolving Exposures, Term Loans and unused Commitments representing more than 50% of the sum of the total Revolving Exposures, outstanding Term Loans and unused Commitments at such time.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Majority Lenders means a Lender or Lenders whose Commitments aggregate more than 662/3% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 662/3% of the Total Commitments immediately prior to the reduction).

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Ratings Decline Period means the period that (i) begins on the earlier of (a) the date of the first public announcement of the occurrence of a Change of Control and (b) the occurrence of a Change of Control and (ii) ends 90 days following consummation of such Change of Control; provided that such period shall be extended for so long as the rating of the Notes, as noted by the applicable Rating Agency, is under publicly announced consideration for downgrade by the applicable Rating Agency.

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.

  • Requisite Percentage shall have the meaning set forth in Section 23(c)(i) hereof.

  • Applicable Rating Level at any time and for any Borrower shall be determined in accordance with the then-applicable S&P Rating and the then-applicable Xxxxx’x Rating for such Borrower as follows: S&P Rating A or higher or Xxxxx’x Rating A2 or higher 1 S&P Rating A- or higher or Xxxxx’x Rating A3 or higher 2 S&P Rating BBB+ or Xxxxx’x Rating Baa1 3 S&P Rating BBB or Xxxxx’x Rating Baa2 4 S&P Rating BBB- or Xxxxx’x Rating Baa3 5 S&P Rating BB+ or below or Xxxxx’x Rating Ba1 or below, or no S&P Rating or Xxxxx’x Rating 6 The Applicable Rating Level for any Borrower and for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating for such Borrower in effect on such day. If the S&P Rating and the Xxxxx’x Rating are not the same (i.e., a “split rating”), the higher of such ratings shall control, unless (i) the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control, or (ii) either rating is below BBB- or Baa3 (as applicable), in which case the lower of the two ratings shall control.

  • Requisite Number means 500, and

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

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • 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+”.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • 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+”.

  • Base Level means the following amounts plus the percentage

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.