Second Threshold Amount definition

Second Threshold Amount means $200,000,000.
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Second Threshold Amount has the meaning provided in Section 21.3(c) hereof. “Security Deposit” has the meaning provided in Section 33.1 hereof.
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Second Threshold Amount means 3 million shares of Common Stock, in the aggregate, subject to adjustment for any stock split, stock dividend, reverse stock split, combination, recapitalization, reclassification or like transaction as contemplated in Section 6.8.
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Examples of Second Threshold Amount in a sentence

  • If the Maximum VFN Principal Balance has not been reduced to or below the Second Threshold Amount by the Second Threshold Date, Advance Purchaser shall pay to Natixis a Second Threshold Termination Fee on any date after the Second Threshold Date on which the Maximum VFN Principal Balance is first reduced to or below the Second Threshold Amount.

  • During the period commencing on the date that 90 days following Closing and ending on the date that is 180 days following the Closing (the "Second Lock-Up Period"), a Ranger Class B Holder or its Permitted Transferees may only Transfer a maximum of one-third of the Registrable Securities (the "Second Threshold Amount"), except as permitted by Section 3(b) of the IRRA.

  • If the Maximum VFN Principal Balance has not been reduced to or below the Second Threshold Amount by the Second Threshold Date, the Seller shall pay to Natixis a Second Threshold Termination Fee on any date after the Second Threshold Date on which the Maximum VFN Principal Balance is first reduced to or below the Second Threshold Amount.

  • Without derogating from the provisions of Section 5.1, the Board shall be authorized to make, without the need for a consent of any Holder, such adjustments and arrangements as determined by the Board to be appropriate in its discretion in order to implement such conversion, including adjustments to the number of PARs, to the First Threshold Amount and/or to the Second Threshold Amount and amendments or modifications to this Plan and/or to the terms and conditions of any PAR.

  • For the avoidance of doubt, the Special Unit Bonus shall not vest and become payable, and Employee shall have no rights with respect thereto, if the Total Equity Return as of the consummation of a Termination Event is not equal to or greater than the Second Threshold Amount and any portion of the Special Unit Bonus that does not vest and become payable in connection with the consummation of a Termination Event shall be forfeited.

  • The First Threshold Amount and Second Threshold Amount shall be equitably adjusted, as determined by the Board, for stock splits, stock dividends, extraordinary dividends, reorganizations, combinations, recapitalizations and similar transactions affecting the Common Shares after the Closing.

  • If the Board distributes a dividend on Common Shares prior to the automatic exercise of any PAR, the First Threshold Amount and Second Threshold Amount of any PAR that is outstanding and unexercised on the record date of such distribution, shall be reduced by an amount equal to the gross per-Common Share dividend amount declared by the Board.


More Definitions of Second Threshold Amount

Second Threshold Amount means an amount equal to the sum of (a) the outstanding principal balance of all Loans as of the Effective Date, as set forth in Section 1 (a) hereto, in excess of $80,000,000, as such outstanding principal amount is increased from and after the Effective Date at a rate per annum equal to 15.00%, (b) all other amounts set forth in clauses (B) through (F) of Section 1(a) hereto, as such amounts are increased from and after the Effective Date at a rate per annum equal to 15.00% and (c) the amount of any fees and expenses payable by the Obligors pursuant to the Loan Documents that are incurred after the Effective Date, as such amount is increased from and after the Effective Date at a rate per annum equal to 15.00%. The parties hereto further agree and Administrative Agent, as Payee on behalf of the NPI Holders agrees, that in the event of any Disposition of the Subject Properties (x) no NPI Obligations will be required to be paid by the Borrower or any other Loan Party and such NPI Obligations will be terminated, (y) the NPI Holder will, immediately prior to such Disposition, reconvey the NPI to the Borrower, and (z) the Administrative Agent shall release all Liens created by the Borrower to secure the Secured Obligations, including, without limitation, the NPI Mortgage.
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Second Threshold Amount means $1,256,400,000.
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Second Threshold Amount means an amount equal to (i) with respect to the New Jersey Property, $1,000,000 and (ii) with respect to the Georgia Property, $500,000.
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Second Threshold Amount means such amount of Return of Proceeds that when distributed in accordance with Articles 12.1(a) to 12.1(c) inclusive, would result in the Second Target Return being achieved;
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Second Threshold Amount means $1,250,000,000.
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Related to Second Threshold Amount

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Threshold Amount means $5,000,000.

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

  • Threshold Appreciation Price has the meaning specified in Section 5.1.

  • 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.

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • 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.

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

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

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

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

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

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

  • Threshold Percentage means 15%.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody’s and the short-term issuer credit rating of A-1 by Standard & Poor’s.

  • 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.

  • Threshold means with respect to Party B: infinity.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • Threshold Price is the lowest price (except to the extent otherwise provided in Section 2.6) at which the Company may sell Shares during the applicable Pricing Period as set forth in a Fixed Request Notice (not taking into account the applicable percentage discount during such Pricing Period determined in accordance with Section 2.2); provided, however, that at no time shall the Threshold Price be lower than $3.00 per share unless the Company and the Investor mutually shall agree.

  • 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 Tranche Amount has the meaning specified in Section 2.15(b).

  • Withheld Amounts shall have the meaning assigned to such term in Section 3.