Availability Threshold definition

Availability Threshold means the greater of $30,000.00 or 1% of the initial principal balance of the Loan.
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Availability Threshold means the proportion of Settlement Periods in which the DER Unit was Available (expressed as a percentage) during the Optional Technical Trial specified in part 2a of Schedule 2 for the purposes of determining the amount of the Participation Payment;
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Availability Threshold means, with respect to each Individual Property, an amount equal to the greater of (i) $1,000,000 and (ii) five percent (5%) of the outstanding Allocated Loan Amount for such Individual Property.
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Examples of Availability Threshold in a sentence

  • In addition, Lender may participate in any settlement discussions with any insurance companies (and shall approve the final settlement, which approval shall not be unreasonably withheld or delayed) with respect to any Casualty in which the Net Proceeds or the costs of completing the Restoration are equal to or greater than the Availability Threshold and Borrower shall deliver to Lender all instruments required by Lender to permit such participation.

  • In addition, Lender may participate in any settlement discussions with any insurance companies (and shall approve the final settlement, which approval shall not be unreasonably withheld or delayed) with respect to any Casualty in which the Net Proceeds or the costs of completing the Restoration are equal to or greater than the Availability Threshold and Borrower shall deliver to Lender all instruments reasonably required by Lender to permit such participation.

  • Until the occurrence of a Combined Availability Threshold Event or an Event of Default, the Loan Parties shall have sole dominion and control of the transfer of funds from the Payment Account and such lock-box.

  • Lender may participate in any such proceedings if the amount in controversy is in excess of the Availability Threshold, and Borrower shall from time to time deliver to Lender all instruments requested by it to permit such participation.

  • The Agent or the Agent's designee may, at any time after the occurrence of a Combined Availability Threshold Event or an Event of Default and until a Cash Control Termination Event occurs, notify Account Debtors of a Loan Party that the Accounts of such Loan Party have been assigned to the Agent and of the Agent's security interest therein, and may collect them directly and charge the collection costs and expenses to the Borrower's Loan Account as a Revolving Loan.


More Definitions of Availability Threshold

Availability Threshold means $150,000.00.
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Availability Threshold has the meaning set forth in the Mortgage Loan Agreement.
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Availability Threshold means $450,000.00.
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Availability Threshold means, as of any date of determination, that Available Credit equals or exceeds $25,000,000 as of such date.
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Availability Threshold means as of any date an amount equal to the greater of (x) $9,000,000 and (y) $9,000,000 multiplied by a fraction the numerator of which is equal to the Revolving Loan Commitment then in effect (after giving effect to all Revolving Commitment Increases and decreases to the Revolving Loan Commitments on or prior to such date in accordance herewith) and the denominator of which is $60,000,000.
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Availability Threshold means $1,000,000.00.
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Availability Threshold means $100,000.00.
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