Approval Threshold definition

Approval Threshold. One Hundred Thousand Dollars ($100,000).

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Approval Threshold. The sum of Five Hundred Thousand Dollars ($500,000).

Approval Threshold has the meaning given to such term in Section 12.01.

Examples of Approval Threshold in a sentence

As long as no Event of Default has occurred and is continuing, if such portion of the Award is in an amount equal to or greater than the Approval Threshold, Lessor shall make such portion of the Award available to Lessee in the manner provided in Section 14.6 with respect to Net Proceeds in excess of the Approval Threshold.
As long as no Event of Default has occurred and is continuing, if such portion of the Award is in an amount less than the Approval Threshold, Lessor shall pay the same to Lessee upon completion of such restoration.
If the Net Proceeds are less than the Approval Threshold, and no Event of Default has occurred and is continuing, Lessor shall pay the Net Proceeds to Lessee promptly upon Lessee's completion of the restoration of the damaged or destroyed Leased Property.
Landlord shall have the right to require that, prior to the commencement of construction of any alterations, improvements or additions as to which its approval is required hereunder, Tenant also provide Landlord with reasonable assurance of the payment of the cost thereof and, if the cost thereof is in excess of the Approval Threshold, Tenant shall comply with Landlord's requirements with respect to the periodic delivery of lien waivers and evidence of payment for such cost.
If the Net Proceeds are less than the Approval Threshold, and no Event of Default has occurred and is continuing, Lessor shall pay the Net Proceeds to Lessee promptly after Lessor receives the Net Proceeds and Lessee shall apply the Net Proceeds solely to the completion of the restoration of the damaged or destroyed Leased Property.

More Definitions of Approval Threshold

Approval Threshold shall have the meaning set forth in Article 3.4(a)(vii).

Approval Threshold. ’ means the approval (by way of poll) by the Independent Unitholders representing at least 75% of the votes attaching to the Units held by the Independent Unitholders voting either in person or by proxy at the EGM, with the number of votes cast against being not more than 10% of the votes attaching to the Units held by all Independent Unitholders in respect of the resolution relating to the relevant proposal;

Approval Threshold means the approval (by way of poll) by the Independent IntelliCentrics Shareholders representing at least 75% of the vote attaching to the IntelliCentrics Shares held by them voting either in person or by proxy at the IntelliCentrics EGM, with the number of votes cast against being not more than 10% of the votes attaching to IntelliCentrics Shares held by all Independent IntelliCentrics Shareholders in respect of the resolution relating to the relevant proposal.

Approval Threshold means $45,000,000, subject to an annual increase on the Adjustment Date by an amount equal to the product of (A) the Case-Shiller Index Change and (B) the Approval Threshold in effect immediately prior to the applicable Adjustment Date. Any adjustments to the Approval Threshold shall be rounded to the nearest $100,000. In the event the Case-Shiller Index Change for any Case-Shiller Period is negative, there shall be no adjustment, and the then-current Approval Threshold shall remain in effect until the next Adjustment Date. The Company shall notify the Board and the Stockholder of the adjusted Approval Threshold promptly following each Adjustment Date.

Approval Threshold. One Million Dollars ($1,000,000).

Approval Threshold shall have the meaning set forth in Section 5.2A of this Agreement.

Approval Threshold means, as of the time of determination, the Investor and collectively with its Affiliates who are the recipients of a Permitted Transfer collectively hold at least the greater of (i) the number of Shares equal to [***] percent ([***]%) of (x) the number of Shares held by Investor as of immediately following the Closing less (y) any Shares that were purchased from such Investor in connection with a Repurchase in accordance with Section 8 and (ii) [***] percent ([***]%) of the total number of issued and outstanding Shares of the Company as of such date.