Examples of Upper Threshold in a sentence
If the Average Sprint Price determined at the Initial Issuance Date is above the Upper Threshold Sprint Price, the Conversion Price shall be Fixed on the Initial Issuance Date at the Maximum Price (determined by reference to such Average Sprint Price).
Notwithstanding Section 6.3(a), with respect to the tax year(s) in which any Green Plains Bonus Amount is distributed, Green Plains shall be allocated gross income in an amount (the “Green Plains Bonus Amount”) equal to fifty percent (50%) of the excess (if any) of the Bonus EBITDA over the Upper Threshold of EBITDA; provided, however, that in no event shall the Green Plains Bonus Amount exceed $2,000,000.
Section 9.1(g) Upper Threshold Price...............................................
If the Company Equity as reflected on the Closing Balance Sheet is between the Upper Threshold and the Lower Threshold, then no adjustment shall be made to the Initial Purchase Price and the Initial Purchase Price shall be the Final Purchase Price.
Notwithstanding Section 6.3(a), with respect to the tax year(s) in which any Green Plains Basis Amount is distributed, in the event the Bonus EBITDA is greater than $56,000,000, Green Plains shall be allocated gross income in an amount (the “Green Plains Basis Amount”) equal to the excess of Actual Cattle Basis over the Upper Threshold of Forecast Cattle Basis; provided, however, that in no event shall the Green Plains Basis Amount exceed $5,000,000.