Examples of Threshold in a sentence
Nothing in this contract shall affect the application as between the parties of the provisions of the Claims Allocation and Handling Agreement which relate to liability for small claims equal to or below the Threshold (as defined in that agreement).
Following Customer’s receipt of the Threshold Notice, Company and Customer shall consult and Customer shall determine whether it wishes to (a) deliver an unconditional written direction to Company to complete the Company Work (“Notice to Proceed”) or (b) terminate this Agreement for convenience by delivering a written notice thereof to Company (“Convenience Termination Notice”).
In the event insurance proceeds in excess of the Threshold Amount are payable or if an Event of Default exists hereunder, then in either of such events, the Mortgagee is authorized to collect and receive any such insurance proceeds.
A pass-through entity may provide subawards based on fixed amounts up to the Simplified Acquisition Threshold, provided that the subawards meet the requirements for fixed amount awards in 2 CFR § 200.201.
Upon issuance of the Threshold Notice, Company shall suspend performance of the Company Work pending Company’s receipt of a Notice to Proceed (as defined below).