Litigation Threshold definition

Litigation Threshold shall have the meaning specified in the Pricing Letter.
Litigation Threshold means [***] of the Seller’s Adjusted Tangible Net Worth.
Litigation Threshold means $1,000,000.

Examples of Litigation Threshold in a sentence

  • Individuals who received a Certificate for Students Achieving the Proficiency Level of Upper Secondary School Graduates and spent two years or more studying to enroll in OU.

  • Except as disclosed in writing to Purchaser, there are no judgments against any Seller Party unsatisfied of record or docketed in any court located in the United States of America which in the aggregate require the payment of money in an amount at least equal to the applicable Litigation Threshold.

  • No Dispute Proceeding shall be pending against the Company or any of its assets or properties before any Governmental Entity that would reasonably be anticipated (as determined by the Dispute Proceeding method set forth in Section 6.02(e) of the Company Disclosure Letter) to result in payment by the Company of more than the Net Litigation Threshold Amount (as such term is defined in Section 6.02(e) of the Company Disclosure Letter).

  • Any final non-appealable judgment by any competent court in the United States of America for the payment of money is rendered against any Seller Party in an amount at least equal to the applicable Litigation Threshold, and such judgment remains undischarged or unpaid for a period of sixty (60) days, during which period execution of such judgment is not effectively stayed by bonding over or other means reasonably acceptable to Purchaser.

  • Except as otherwise disclosed in writing to the Purchaser prior to the Closing Date, there are no judgments against Guarantor in an amount greater than the Litigation Threshold unsatisfied of record or docketed in any court located in the United States of America.


More Definitions of Litigation Threshold

Litigation Threshold means $5,000,000.
Litigation Threshold means $[***].
Litigation Threshold means an amount equal to $500,000.
Litigation Threshold shall have the meaning specified in the Fee Letter or, with respect to Originator, $10,000,000.
Litigation Threshold shall have the meaning specified in the Schedule of Facility Information.
Litigation Threshold means $200,000.
Litigation Threshold has the meaning set forth in Schedule II.