Threshold Test definition

Threshold Test shall be met with respect to a given category of Loans if the applicable Category Percentage (or average Principal Balance with respect to the Principal Balance category) falls within the Confidence Range for such category in the Proposed Pool.

Threshold Test means, in respect of any transfer or issue of Economic Interest(s) in NNB HoldCo (other than a transfer of Qualifying Economic Interest(s) or a transfer or issue to a member of an Investor Group) whether actual or (in the case of paragraph (C) or (D) of the definition of “Tracked Person” in this Clause 1.1) notional, if the product of:

Threshold Test means that, after giving effect to the Merger, the issuance of the Xxxx Structure Fee Shares, the transfer of shares by Xxxx-InfraREIT to OpTrust described in the recitals and the Xxxx Redemption, the Shareholders (as defined in the Existing LLC Agreement) of InfraREIT LLC immediately prior to the Merger shall hold 49.5% or less of the total aggregate value of the outstanding shares of Common Stock and Classified Common Stock immediately following the Merger and the Xxxx Redemption.

Examples of Threshold Test in a sentence

• If the institution is a bank, savings association, or credit union, determine whether it meets the Asset-Size Threshold Test, the Location Test, the Loan Activity Test, the Federally Related Test, and the Loan-Volume Threshold Test, which are listed below.

• If the institution is a nondepository financial institution other than a bank, savings association, or credit union, determine whether it meets the Location Test and the Loan- Volume Threshold Test described below.

• This Schedule addresses the manner in which the Agreed Security Principles will impact on the guarantees and Security proposed to be taken pursuant to Clause 28.23 (Security following Debt Rating decrease) or Clause 28.24 (Guarantor Threshold Test and Additional Guarantors).

• For the avoidance of doubt any amendment or waiver of the provisions of Clauses 28.23 (Security following Debt Ratings decrease), 28.24 (Guarantor Threshold Test and Additional Guarantors) and to the Agreed Security Principles shall be governed by Clause 42.1 (Required consents).

• The CPS process has a unique Threshold Test for charges based on the likelihood of success in the criminal justice system (CJS).

• Terms defined in Clause 28.23 (Security following Debt Ratings decrease) or Clause 28.24 (Guarantor Threshold Test and Additional Guarantors) shall have the same meaning where used in this Schedule.

• For each year end within the Term, Executive shall be entitled to an Incentive Bonus determined in accordance with this Section if the Threshold Test is met.

• Again, not all of those charged are prosecuted, and a Threshold Test must again be considered by the CPS for successful passage to prosecution.

• Threshold Test Ban Treaty (TTBT), Underground Nuclear Explosions for Peaceful Purposes Treaty (PNET), and Limited Test Ban Treaty (LTBT) The Treaty Between the United States of America and the Union of Soviet Socialist Republics on the Limitation of Underground Nuclear Weapon Tests, also known as the Threshold Test Ban Treaty (TTBT), was signed in 1974, with a Protocol signed in 1990.

• The changes triggered by the amended Ancillary Activity Exemption are the deletion of the Overall Market Size Test of Article 2 of the CDR 2017/592 and the introduction of the new De-Minimis Threshold Test.

More Definitions of Threshold Test

Threshold Test has the meaning given to it in paragraph (c) of Clause 21.27 (Guarantees).

Threshold Test means the test applied by Prosecutors to charge a suspect where there is some evidence and there is a reasonable prospect of additional evidence becoming available as referred to in Chapter Two.