Interim Threshold definition

Interim Threshold is an amount equal to (i) 50% of the total value of the Acceptable Assets less (ii) all of the Borrower’s “senior securities representing indebtedness” (as such term is used in the Investment Company Act) other than Loans.
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Interim Threshold has the meaning specified in Section 2.04.
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Interim Threshold has the meaning set forth in Section 3.4(a) of this Agreement.
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Examples of Interim Threshold in a sentence

  • You further agree that We may collect and disclose Your information among other pet health insurance companies as needed to coordinate benefits, prevent fraud, and administer Your Policy effectively.

  • Any amounts offset by Buyer pursuant to this Section 9.3 shall be considered a paid portion of an Earn-Out Payment for all other purposes of this Agreement (including, without limitation, for purposes of satisfaction of the Interim Threshold and the Final Threshold).

  • For purposes of clarity, upon the consummation of the transfer to Seller of the Interim Security, the Earn-Out Note will terminate as provided in Section 2.4(i), Seller’s right to a security interest in the remaining Interests and to Foreclose upon the Final Security pursuant to Section 2.4(h) hereof shall terminate and Seller shall have no further recourse against Buyer with respect to the failure of the aggregate amount of the First Payment and the Second Payment to equal or exceed the Interim Threshold.


More Definitions of Interim Threshold

Interim Threshold is defined in Section 2.4(f).
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Related to Interim Threshold

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

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

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

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