Applicable Threshold definition

Applicable Threshold has the meaning specified in the definition of “Permitted Sale-Leaseback Transaction.”

Applicable Threshold shall have the meaning assigned to that term in Section 2.12 of Annex II of this Note.

Applicable Threshold has the meaning set forth in Exhibit A.

Examples of Applicable Threshold in a sentence

• For the avoidance of doubt, no Return Bids (or any component thereof) will be accepted above the Applicable Threshold Price.

• No Return Bids or any component thereof will be accepted above the Applicable Threshold Price.

• All principal amount of Term Loans included in Qualifying Bids received at a Reply Price lower than the Applicable Threshold Price will be purchased at a purchase price equal to the applicable Reply Price and shall not be subject to proration.

• No Return Bids (or any component thereof) will be accepted above the Applicable Threshold Price.

• All Term Loans included in Qualifying Bids (including multiple component Qualifying Bids contained in a single Return Bid) received at a Reply Price lower than the Applicable Threshold Price will be purchased at such applicable Reply Prices and shall not be subject to proration.

More Definitions of Applicable Threshold

Applicable Threshold means the greater of (i) 25% of the then Outstanding Voting Securities or (ii) the then Outstanding Voting Securities beneficially owned by the Principals (including by their respective families, Trusts, partnerships and charitable foundations controlled by any of the Principals), as the case may be.

Applicable Threshold means the percentage of Common Stock which, as reasonably determined by the Corporation and each of THL, GSMP and GSCP (as defined in the Purchase Agreement), between the Initial Funding Date and the day prior to the Voting Date, the holders of the Series B Preferred Stock as of the Initial Funding Date (such holders, collectively, “THL”) may hold without any further prior notice and/or approval under the laws relating to money transmission or the sale of checks of any state. As of the Initial Funding Date, the Applicable Threshold will be 9.9%, and shall increase prior to the Voting Date to the extent permitted by applicable state regulatory laws.

Applicable Threshold means, with respect to any date of determination (for purposes of this definition, the “Test Date”):

Applicable Threshold means US$20,000,000 (in the case of the Potential Adjustment Date that is 18 calendar months after the Closing Date), US$10,000,000 (in the case of the Potential Adjustment Date that is 24 calendar months after the Closing Date) and US$5,000,000 (in the case of the Potential Adjustment Date that is 30 calendar months after the Closing Date).

Applicable Threshold means, as of any particular date, the number of shares of Common Stock issuable to the Investor Parties upon conversion of shares of Preferred Stock as of such date without regard to any restrictions on the Investor Parties’ right to convert shares of the Preferred Stock (including Section 5.08).

Applicable Threshold shall have the meaning given to it under Section 5(a)(iv).

Applicable Threshold has the meaning set forth in Section 4.2. “Base Fees” has the meaning set forth in Section 4.2.