Threshold requirements Sample Clauses
The Threshold Requirements clause sets minimum standards or criteria that must be met before certain obligations or actions under a contract become effective. Typically, this clause outlines specific conditions—such as financial benchmarks, regulatory approvals, or performance metrics—that a party must satisfy to trigger further responsibilities or rights. For example, a supplier may need to demonstrate a certain level of insurance coverage or a buyer may need to secure financing before the contract proceeds. The core function of this clause is to protect parties by ensuring that key prerequisites are fulfilled, thereby reducing risk and preventing premature or inappropriate execution of contractual duties.
Threshold requirements. HUD will consider an exception only after the recipient has provided the following documentation: (A) If the recipient or subrecipient [agencies utilizing ESG funding] is a government, disclosure of the nature of the conflict, accompanied by an assurance that there has been public disclosure of the conflict and a description of how the public disclosure was made; and
Threshold requirements. In exercising options under the Displacement and Layoff Procedure, threshold requirements within the classification or classification group shall be the minimum requirements for entry to the position.
Threshold requirements. In exercising options under Articles 20 and 21, threshold requirements and threshold abilities shall mean the minimum requirements for entry to the position when qualified.
Threshold requirements. Upon the written request of the Corporation, HUD may grant an exception to the provisions of paragraph (b) of this section on a case-by-case basis when it determines that the exception will serve to further the purposes of the CDBG Funds Investment Partnerships Program and the effective and efficient administration of the Corporation's program or project. An exception may be considered only after the Corporation has provided the following:
Threshold requirements. For larger multi-tenant properties, it can be difficult and time-consuming to obtain estoppels from 100% of the tenants. One option is to require estoppels from only the primary or largest tenants and or permit less than 100% of the estoppels to be provided.
Threshold requirements. HUD will consider an exception only after the recipient has provided the following documentation:
Threshold requirements. Upon the written request of the City, HUD may grant an exception to the provisions of paragraph (b) of this section on a case-by-case basis when it determines that the exception will serve to further the purposes of the HOME Investment Partnerships Program and the effective and efficient administration of the City's program or project. An exception may be considered only after the City has provided the following:
Threshold requirements. HUD will consider an exception only after the re- cipient has provided the following doc- umentation:
(i) A disclosure of the nature of the conflict, accompanied by an assurance that there has been public disclosure of the conflict and a description of how the public disclosure was made; and
(ii) An opinion of the recipient’s at- ▇▇▇▇▇▇ that the interest for which the exception is sought would not violate State or local law.
Threshold requirements. HUD will consider an exception only after the County has provided the following documentation:
i. A disclosure of the nature of the conflict, accompanied by an assurance that there has been public disclosure of the conflict and a description of how the public disclosure was made; and
ii. An opinion of the County’s attorney that the interest for which the exemption is sought would not violate State or local law.
Threshold requirements. Upon the written request of the participating jurisdiction, HUD may grant an exception to the provisions of paragraph (b) of this section on a case-by-case basis when it determines that the exception will serve to further the purposes of the HOME Investment Partnerships Program and the effective and efficient administration of the participating jurisdiction's program or project. An exception may be considered only after the participating jurisdiction has provided the following: