Financial Threshold definition

Financial Threshold means either the Initial Financial Threshold or, if the Initial Financial Threshold has been adjusted by the Auditor in accordance with Section 2.10.145, the most recent Adjusted Financial Threshold for a particular election and City Office.
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Financial Threshold has the meaning given to it in clause 4.1.1;
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Financial Threshold means, as to any Intended Transferee, either (a) a credit rating of BBB or better by Standard & Poor’s Corporation (“S&P”) (and such Intended Assignee is not on S&P’s credit watch with negative implications, nor has S&P publicly announced that it is reviewing such Intended Assignee for a downgrading of such Intended Assignee’s credit rating), or (b) if the Intended Transferee is not assigned a credit rating by S&P, Lender determines that such Intended Assignee has financial qualifications comparable to entities rated at least BBB by S&P, such determination to be made by Lender in its reasonable discretion and not to be unreasonably delayed by Xxxxxx.
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Examples of Financial Threshold in a sentence

  • The Meeting of Members shall be responsible for the broad general policies of the Conference, for electing three members to the Council, for establishing the annual Council Financial Threshold (CFT) associated with designated Council membership and for instructing the Council as to activities on behalf of the Conference.

  • A Nonparticipating Candidate for nomination or election to City Office shall report Contribution and Expenditure transactions electronically with the Secretary of State as provided in this Section when the Nonparticipating Candidate has received Contributions or made Expenditures during the Primary Election, the Special Nominating Election Period, the General Election Period, or the Special Runoff Election Period in an aggregate amount that exceeds the Initial Financial Threshold.

  • An initial phone and email sift was used to narrow this down to organisations who had been awarded contracts over the European Financial Threshold where the directives apply.

  • All Financial Threshold Requirements included in the Tender Forms shall be in NIS only.

  • During the Primary or Special Nominating Election Period, Nonparticipating Candidates may reserve Contributions for the General or Special Runoff Election Period that may not be used by the Auditor to adjust the Financial Threshold or determine if a Nonparticipating Candidate has exceeded the Financial Threshold during the Primary or Special Nominating Election Period.

  • An amended Financial Threshold table would provide greater clarity for staff.

  • Within five (5) business days after receipt of written notice from Landlord that Tenant’s Financial Threshold has been met (a “Payment Event”), fifty percent (50%) of all accrued Forbearance Amounts shall be remitted to Landlord by Tenant.

  • Each Participant or Member which is not an Investment Fund, may demonstrate compliance with the Financial Threshold Requirements by relying on a Guarantor, provided that the Guarantor itself complies with all Financial Threshold Requirements of a sole participant, and provided that both the Participant/Member and its Guarantor comply with the requirements under Section 5.2 (General Requirements) above.

  • For the purpose of determining a Guarantor’s compliance with all Financial Threshold Requirements (including in the event that the Guarantor is also a Member of the Bidder), the Anticipated Holdings of such Guarantor in the Operator will be deemed to include all Anticipated Holdings of the Member(s) seeking to rely on such Guarantor.

  • Where such services are being contemplated by the external auditors, they should seek the approval of the CFO and award will be in accordance with paragraph 12 [Award of Permitted Services] and paragraph 13 [Financial Threshold for Audit Related Services and Permitted Services].


More Definitions of Financial Threshold

Financial Threshold means that Tenant has (i) cash or cash equivalents and marketable securities (including short and long term debt investments) of $50,000,000 (including debt and equity securities); (ii) a net worth (as total consolidated assets less total consolidated liabilities) of $100,000,000; and (iii) an annual (trailing twelve months) operating cash flow of $12,000,000.
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Financial Threshold means the amount in pounds sterling as notified in writing to the Company or Holding Company from time to time by the Controlling Shareholder Representative or as agreed in the Business Plan;
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Related to Financial Threshold

  • 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.

  • 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.

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

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

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

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

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Threshold means with respect to Party B: infinity.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small purchase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisition threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsible for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its documented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR (48 C.F.R. Part 2, Subpart 2.1) for the simplified acquisition threshold. Recipients should determine if local government laws on purchasing apply. 2 C.F.R. 200.1, .320(a)(2)(ii)

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • 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.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Net Working Capital Target means $0.00.

  • Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.

  • Threshold Percentage means 15%.

  • Total risk-based capital ratio means the ratio of qualifying total capital to weighted risk assets, as calculated in accordance with the Board’s Capital Adequacy Guidelines for State Member Banks: Risk-Based Measure (Appendix A to this part).[63 FR 37652, July 13, 1998, as amended at 63FR 42674, Aug. 10, 1998] § 208.42 Notice of capital category.(a) Effective date of determination of capital category. A member bank shall be deemed to be within a given capital category for purposes of section 38 of the FDI Act and this subpart as of the date the bank is notified of, or is deemed to have notice of, its capital category, pursuant to paragraph (b) of this section.(b) Notice of capital category. A mem- ber bank shall be deemed to have been notified of its capital levels and its capital category as of the most recent date:

  • Target Net Working Capital Amount means $5,000,000.

  • Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Working Capital Target means $0.

  • Fifty-Percent or Greater Interest shall have the meaning ascribed to such term for purposes of Sections 355(d) and (e) of the Code.