Dollar threshold definition
Examples of Dollar threshold in a sentence
Dollar threshold" means a funding limit that is set to determine how a community agency will be held accountable for agreement receipts of state and federal funds from the department.
Notwithstanding anything to the contrary herein, any Dollar thresholds that apply with respect to any Collateral before delivery actions or other actions are required to be taken by any Grantor under this Agreement shall be inapplicable (and no such Dollar threshold shall exist) during any period when an Event of Default has occurred and is continuing.
For the purposes of the preceding sentence, the full amount of Royalties that would be payable by EKR, without giving effect to any deductions taken pursuant to Section 6.3(b) of the License Agreement, shall be counted towards the [**] Dollar threshold described in the preceding sentence.
Each Commercial Milestone Payment will be payable only once with respect to a Clinical IRD Product, notwithstanding the number of times a Dollar threshold indicated in the table below is reached.
Upon the Fifty Million Dollar threshold being reached, Alleged Title Defects and/or Alleged Environmental Defects shall be handled pursuant to the applicable Section, provided, however, that the first Fifty Million Dollars of Aggregate Alleged Defects under either one of the referenced Sections, or both collectively, shall be treated as a deductible amount to be satisfied by Buyer.
Each Commercial Milestone Payment will be payable only once with respect to a Clinical IRD Product, notwithstanding the number of times a Dollar threshold indicated in the table below is reached.
With certain exceptions, claims by the Buyer for indemnification will be required to meet a Dollar threshold of $2,500, which the Parties refer to as the “Indemnification Threshold,” and will also be subject a maximum Dollar amount of $55,000, which the Parties refer to as the “Indemnification Cap.” The Parties’ respective rights to indemnification, as well as certain limitations on, and exceptions to, indemnification rights are described in more detail in Appendix C.
The information provided includes matters where the plaintiff has alleged damages in an amount that exceeds $5,000,000 or where such damages are currently unknown, but could potentially exceed $5,000,000, and excludes threatened litigation where the threatening party or parties specified no Dollar threshold.