Requisite Level definition

Requisite Level means 5% or more of the number of shares of Holding --------------- Company Common Stock outstanding immediately after the consummation of the transactions contemplated by the Reorganization Agreement and the Univisa Contribution Agreement and prior to any further issuances for refinancing or other purposes, as such total number is adjusted to reflect stock splits, combinations, stock dividends, recapitalizations, reclassifications, and similar transactions.
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Requisite Level means 5% or more of the number of shares of Holding
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Requisite Level. Requisite Level" means with respect to any state for any Joint Venture Agreement Year(s) Market Approvals sufficient to support a number of Facilities that is equal to (a) for the Joint Venture Agreement Years 1999-2000, the product of (i) 1.5 times (ii) the difference between (x) the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Years and (y) the number of Project Starts occurring in such state during the period of January 1, 1999, through June 30, 1999 (such product rounded to the next highest whole number), and (b) for each other Joint Venture Agreement Year, the product of 1.5 times the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Year (rounded to the next highest whole number).
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Examples of Requisite Level in a sentence

  • Concentrations in the wastewater of the constituents shown in the following table shall not exceed the values shown in the "Requisite Level" column.

  • For convenience we report here the complete tables regarding the modelling of SLAs. Capabilities ID Name Requisite Level Description Remarks Referenced metrics CAP- 01 Ingestion/Delivery Mandatory Capability to upload/download material and related metadata in the form of an agreed SIP, more protocols (e.g. ftp, http) and modalities (e.g. push, pull) should be provided ME-05 ME-07 CAP- 02 Validation Mandatory Identification and formal check of formats including wrappers, AV essence and metadata formats.

  • Requisite Level of “Family” Involve- mentMST be i ng a fam i ly -bas e d intervention, a youth must have at least one adult caregiver.

  • Schwarz, Demonstrating the Requisite Level of Proof for a Federal Trademark Dilution Claim: Establishing Actual Dilution Following Moseley v.

  • These amounts will become billable within the first quarter of the next annual period.

  • Requisite Level of SupportIn order to effect a second-step merger without a stockholder vote under Section 251(h), the shares obtained by the acquiror in the first-step tender or exchange offer must be sufficient to satisfy the vot- ing requirements that would apply under the DGCL if Section 251(h) were not invoked.

  • If an unregistered coinsurance arrangement does not cover all losses up to the Requisite Level then the quantity SB0 – SB1 used in determining the limit on Eligible Deposits for the coinsurance arrangement (q.v. section 6.8.1) is reduced by the total amount of losses at or below the Requisite Level for which the ceding insurer remains at risk.

  • If a coinsurance arrangement does not cover all losses up to the level of the ceded insurance contract Best Estimate Liability plus the marginal insurance risk requirement for the ceded business (the Requisite Level), then it is necessary for the ceding insurer to increase its required capital or margin, or reduce the limit on Eligible Deposits recognized.

  • Requisite Level of FaultThe parties dispute whether the statements at issue are “arguably within the sphere of legitimate public concern,” and thus whether the gross irresponsibility standard applies.However, the Court need not reach the issue because even if gross irresponsibility is the requisite level of fault, Goldman satisfies that standard.

  • Candidates take an objective test, which will be made up of verbal, non verbal and quantitative reasoning tests.

Related to Requisite Level

  • authorized control level RBC means the number determined under the risk-based capital formula in accordance with the RBC instructions;

  • Requisite Lenders means Lenders having (a) more than 66 2/3% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Loans.

  • Requisite Notice means a notice delivered in accordance with Section 10.02.

  • mandatory control level RBC ’ means the product of .70 and the authorized control level RBC.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Requisite Amount has the meaning specified in the Spread Account Agreement.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Required Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the aggregate Revolving Credit Exposures and unused Commitments at such time.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Majority Lenders means a Lender or Lenders whose Commitments aggregate more than sixty six and two thirds per cent (66 2/3%) of the aggregate of all the Commitments.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Ratings Decline Period means the period that (i) begins on the earlier of (a) the date of the first public announcement of the occurrence of a Change of Control and (b) the occurrence of a Change of Control and (ii) ends 90 days following consummation of such Change of Control; provided that such period shall be extended for so long as the rating of the Notes, as noted by the applicable Rating Agency, is under publicly announced consideration for downgrade by the applicable Rating Agency.

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.

  • Requisite Percentage shall have the meaning set forth in Section 23(c)(i) hereof.

  • Applicable Rating Level at any time shall be determined in accordance with the then-applicable S&P Rating or the then-applicable Xxxxx’x Rating as follows: S&P Rating/Xxxxx’x Rating Applicable Rating Level S&P Rating AA or higher or Xxxxx’x Rating Aa2 or higher 1 S&P Rating AA- or Xxxxx’x Rating Aa3 2 S&P Rating A+ or Xxxxx’x Rating A1 3 S&P Rating A or Xxxxx’x Rating A2 4 S&P Rating A- or below or Xxxxx’x Rating A3 or below or unrated 5 The Applicable Rating Level for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating in effect on such day. If the S&P Rating and the Xxxxx’x Rating are not the same (i.e., a “split rating”), the higher (better) of such ratings shall control, unless the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control.

  • Requisite Number means 500, and

  • Required Ratings Threshold means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

  • Base Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month which is 12 calendar months prior to the month for which the Substitute Index Level is being determined;

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • Requisite Holders means the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.