Trigger Level Clause Samples
A Trigger Level clause defines a specific threshold or condition that, when reached or exceeded, activates certain rights, obligations, or actions under a contract. For example, it may set a financial metric, such as revenue or loss, or an operational benchmark, like production output, that must be met before a party is required to perform or is entitled to a remedy. This clause ensures that contractual responses are only initiated when predefined, objective criteria are satisfied, thereby providing clarity and predictability for both parties.
Trigger Level. The definition of “Trigger Level” set forth in Schedule 1.1 to the Credit Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:
Trigger Level. Schedule 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Trigger Level” in its entirety and replacing it with the following: “ 'Trigger Level' means $14,440,000.”
Trigger Level. The trigger level parameter sets the level that the trigger source must rise above, or fall below, for the selected trigger engine to become active. The trigger level is specified as an unsigned 8-bit code that represents a fraction of the full scale input range of the trigger source; 0 represents the negative full-scale input, 128 represents a 0 volt input, and 255 represents the positive full-scale input. For example, if the trigger source is CH A, and the CH A input range is ± 800 mV, then 0 represents a –800 mV trigger level, 128 represents a 0 V trigger level, and 255 represents +800 mV trigger level. In general, the trigger level value is given by: TriggerLevelCode = 128 + 127 * TriggerLevelVolts / InputRangeVolts. The following table gives examples of how trigger level codes map to trigger levels in volts according to the full-scale input range of the trigger source. Trigger level code Trigger level as fraction of source input range Trigger level if source has ±1 V input range Trigger level if source has ±5 V input range 0 -100% -1V -5V 64 -50% -500 mV -2.5 V 96 -25% -250 mV -1.25 V 128 0% 0 V 0 V 160 +25 % 250 mV 1.25 V 192 +50% +500 mV +2.5 V 255 +100% +1V +5V