Threshold Interest definition

Threshold Interest means a Percentage Interest of at least thirty percent (30%); provided, that, for purposes of determining whether a Member holds a Threshold Interest, the Percentage Interest held by a Member shall be aggregated with the Percentage Interest held by each of such Member’s Affiliates that are Members.
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Threshold Interest means a beneficial holding in Autumn Shares representing at least 80% of the Percentage Shareholding of Summer and its Affiliates on Completion.
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Examples of Threshold Interest in a sentence

  • If an Investor no longer has a Qualifying Ownership Interest, then such Investor will have no further rights, other than observer rights for so long as such Investor maintains an Observer Threshold Interest, under this Section 2.

  • A Prescribed Person may have a Threshold Interest in a Security that you may have an interest in; b.

  • The Dominion Member shall consult with each Member holding a Threshold Interest to develop such draft Annual Operating Budget and draft Annual Operating Plan and will, in good faith, consider any prompt, reasonable feedback from any such Member.

  • Transitional SCHEDULES Schedule I — Zero-rated Supplies (section 10) Schedule II — Exempt Supplies (section 11) Schedule III — Exempt Imports (section 14)Schedule IV — Tax Invoices, Tax Credit Notes, and Tax Debit Notes (sections 23 & 24)Schedule V — Registration Threshold, Interest Rates, and Other AmountsAn Act to provide for the imposition of a value added tax, its administration and matters incidental thereto.

  • For the avoidance of doubt, for so long as H&F holds its 25% Threshold Interest Amount, the H&F Liquidity Rights shall be continuing and shall terminate only upon the earlier of (x) the consummation of a QPO and (y) the consummation of a Sale Transaction.

  • The “Rollover Budget” shall be composed of (i) all amounts in the Annual Operating Budget approved by the Board, which do not require Reserved Matter Member Approval, plus (ii) any amount requiring Reserved Matter Member Approval that is approved by each Member maintaining a Threshold Interest.

  • From and after the fifth anniversary of the Closing Date, H&F, for so long as it holds its 25% Threshold Interest Amount, shall have the right to deliver to the Company one or more notices requiring that the Company consummate, at H&F’s election, either (a) a QPO or (b) a Sale Transaction as promptly as reasonably practicable after receipt of any such notification (such rights, the “H&F Liquidity Rights”).

  • The Collateral Threshold, Interest Rate, Minimum Transfer Amount and Rounding Amount, shall each be zero (0) unless a different amount is stated below.

  • In the event of a dispute regarding any proposed updated Construction Budget, any Member holding a Threshold Interest may invoke the MEC Process in accordance with Section 12.5, which process shall be completed prior to the submission of such updated Construction Budget or updated Construction Plan to the Board for approval and which process shall be deemed to satisfy all notice and quorum requirements including those set forth Section 6.1, notwithstanding anything to the contrary in this Agreement.

  • Notwithstanding the provisions of Section 6.1, the Board shall not have the right nor the authority to do, take, make, authorize or approve any decision or action set forth on Schedule 6.2 (in each case, a “Reserved Matter”) without the prior approval of all of the Members holding at least a Threshold Interest as of the date of such approval (“Reserved Matter Member Approval”).

Related to Threshold Interest

  • Threshold means with respect to Party B: infinity.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Differential Amount means the Differential Amount as calculated or, respectively, specified by the Calculation Agent pursuant to § 4 of the Special Conditions.

  • Price and Preferential Points Assessment means the process described in clause 27.6 of this Part C, as prescribed by the PPPFA.

  • Maximum allowable cost list means a list of drugs for

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

  • Final Price means, with respect to a Security and an Auto-Call Valuation Date or the Valuation Date, subject to the Adjustment Provisions, the price of such Security as determined by the Calculation Agent as of the Valuation Time on the relevant Exchange on such Auto-Call Valuation Date or the Valuation Date, as the case may be.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

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

  • Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Order land means the land shown on the land plan which is within the limits of land to be acquired and described in the book of reference;

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

  • Declared Value means your assessment of the cost of reinstatement of the property insured (as defined in Basis of settlement - Reinstatement) at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with insofar as the insurance by the item provides due allowance for

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Below Threshold Asset Sale Proceeds shall have the meaning assigned to such term in the definition of the term “Cumulative Credit.”

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.

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

  • Adjusted Lower Tier WAC For any Distribution Date (and the related Accrual Period), an amount equal to (i) two, multiplied by (ii) the weighted average of the interest rates for such Distribution Date for the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1, Class LT3-B2 and Class LT3-Q Interests, weighted in proportion to their Class Principal Amounts as of the beginning of the related Accrual Period and computed by subjecting the rate on the Class LT3-Q Interest to a cap of 0.00%, and by subjecting the rate on each of the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1 and Class LT3-B2 Interests to a cap that corresponds to the Certificate Interest Rate (determined by substituting the REMIC 3 Net Funds Cap for the applicable Net Funds Cap) for the Corresponding Class of Certificates; provided, however, that for each Class of LIBOR Certificates, the Certificate Interest Rate shall be multiplied by an amount equal to (a) the actual number of days in the Accrual Period, divided by (b) 30.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.