Tier 2 Threshold definition

Tier 2 Threshold means $C12,550,000.00, increasing at a rate of three percent (3%) per annum compounded annually for each Fiscal Year.
Tier 2 Threshold means $1,054,405,700.00, increasing at a rate of three percent (3%) per annum compounded annually for each Fiscal Year.
Tier 2 Threshold means (a) if the Consolidated Asset Coverage Ratio is less than 1.67x, 8% of the aggregate value of all Eligible Portfolio Investments in their entirety, (b) if the Consolidated Asset Coverage Ratio is greater than or equal to 1.67x but less than 2.00x, 10% of the aggregate value of all Eligible Portfolio Investments in their entirety, and (c) if the Consolidated Asset Coverage Ratio is greater than or equal to 2.00x, 12% of the aggregate value of all Eligible Portfolio Investments in their entirety, in each case of clauses (a), (b) and (c), as measured against the most recent financial statements delivered in accordance with Sections 5.01(a) and 5.01(b).

Examples of Tier 2 Threshold in a sentence

  • However, applications submitted for Tier 1 review which fail to meet Tier 1 Threshold will be considered in the Tier 2 Threshold review.

  • Differently 18% declares to read it only on the first purchase and 10,5% only occasionally, whereas just 8% never reads it.

  • Value each non- conformance so that, if the non-conformance is deemed unacceptable, the Contract sum can be adjusted accordingly.


More Definitions of Tier 2 Threshold

Tier 2 Threshold means $1,700,000.00, increasing at a rate of two percent (2%) per annum compounded annually for each Fiscal Year. “Tier 3 Percentage” seventy-six and one-half percent (76.5%).