Damage Notice Threshold definition

Damage Notice Threshold means US$200,000.
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Damage Notice Threshold means US$2,000,000.
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Damage Notice Threshold shall have the meaning set forth in Schedule 3 to the Lease Agreement.
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Examples of Damage Notice Threshold in a sentence

  • Lessee shall notify Lessor promptly of any loss or damage (whether or not constituting an Event of Loss) of or to the Aircraft or the Airframe or any Engine for which the cost of correction or repairs may exceed the Damage Notice Threshold and, if not constituting an Event of Loss, shall provide a proposal for carrying out the correction or repair.

  • In connection with any repair of such damage for which the cost of correction or repairs may reasonably be expected to exceed the Damage Notice Threshold, Lessee shall provide Lessor with the information required in Section 1.2.3.2 of Schedule 2.

  • Lessee shall notify Lessor promptly of any loss or damage (whether or not constituting an Event of Loss) of or to the Aircraft or the Airframe or any Engine for which the cost of correction or repairs may reasonably be expected to exceed the Damage Notice Threshold and, if not constituting an Event of Loss, shall provide a proposal for carrying out the correction or repair.


More Definitions of Damage Notice Threshold

Damage Notice Threshold means US$[ ]*.
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Damage Notice Threshold means US$500,000.
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Damage Notice Threshold is defined in Section 1.1 of the Aircraft Lease Agreement.
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Related to Damage Notice Threshold

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Restoration Threshold means with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount of such Individual Property.

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Final Completion Date means the date on which Final Completion occurs.

  • Alteration Threshold means, with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount (as defined in the Mortgage Loan Agreement) of such Individual Property.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the GREATER of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Initial Cure Period As defined in Section 2.03(b).

  • Major Damage means damage that in the estimation of the surveyor exceeds USD

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Reduction Required Notice Period £$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ³$250,000,000 ten Business Days

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.