{"component": "definition", "props": {"groups": [{"snippet": "means the sum set out in Appendix 4 (Council Thresholds and Authorisation Thresholds) as being the lower threshold, as the same may be amended from time to time pursuant to CSO 2 (Amendment of Contract Standing Orders).", "snippet_links": [{"key": "set-out", "type": "definition", "offset": [14, 21]}, {"key": "appendix-4", "type": "definition", "offset": [25, 35]}, {"key": "council-thresholds", "type": "definition", "offset": [37, 55]}, {"key": "from-time-to-time", "type": "clause", "offset": [143, 160]}, {"key": "pursuant-to", "type": "definition", "offset": [161, 172]}, {"key": "contract-standing-orders", "type": "definition", "offset": [193, 217]}], "size": 10, "samples": [{"hash": "i3KCExdHYRa", "uri": "https://democracy.merton.gov.uk/documents/s44856/4G2021.docx.pdf", "label": "Contract", "score": 12.9958932238, "published": false}, {"hash": "anuGzoeZpNv", "uri": "https://democracy.merton.gov.uk/documents/s40335/Revisions%207%20July%202021.pdf", "label": "Contract", "score": 12.7645448323, "published": false}, {"hash": "jfDTJR4WFSp", "uri": "https://democracy.merton.gov.uk/documents/s39817/Proposed%20Revised%20Contract%20Standing%20Orders.pdf", "label": "Contract", "score": 12.6783025325, "published": false}], "hash": "a0201600202d2eb41ac617b66936c12b", "id": 1}, {"snippet": "means, with respect to either Parent, 5%, subject to adjustment pursuant to the next sentence. If after the date of this Agreement, additional Membership Interests are issued to a Member or an Additional Member in accordance with the terms of this Agreement, the Lower Threshold shall be proportionally reduced immediately prior to such new issuance to give effect to such new issuance.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "subject-to", "type": "definition", "offset": [42, 52]}, {"key": "pursuant-to-the", "type": "clause", "offset": [64, 79]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [108, 130]}, {"key": "additional-membership-interests", "type": "definition", "offset": [132, 163]}, {"key": "issued-to", "type": "definition", "offset": [168, 177]}, {"key": "a-member", "type": "clause", "offset": [178, 186]}, {"key": "an-additional", "type": "clause", "offset": [190, 203]}, {"key": "in-accordance-with", "type": "definition", "offset": [211, 229]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [234, 257]}, {"key": "prior-to", "type": "clause", "offset": [323, 331]}, {"key": "new-issuance", "type": "clause", "offset": [337, 349]}, {"key": "give-effect-to", "type": "definition", "offset": [353, 367]}], "size": 2, "samples": [{"hash": "dddNdU6axhj", "uri": "/contracts/dddNdU6axhj#lower-threshold", "label": "Limited Liability Company Agreement (McGraw-Hill Companies Inc)", "score": 23.507871321, "published": true}, {"hash": "lcAIr01PvSs", "uri": "/contracts/lcAIr01PvSs#lower-threshold", "label": "Contribution Agreement (McGraw-Hill Companies Inc)", "score": 22.8672142368, "published": true}], "hash": "55c0c96e2abcf1c34b0ddced3525ebf5", "id": 2}, {"snippet": "has the meaning ascribed thereto in Section 2.3(a).", "snippet_links": [], "size": 2, "samples": [{"hash": "bTKmT1hxEVK", "uri": "/contracts/bTKmT1hxEVK#lower-threshold", "label": "Corporate Governance (Instinet Group Inc)", "score": 18.0, "published": true}, {"hash": "8EVBE0xKjJt", "uri": "/contracts/8EVBE0xKjJt#lower-threshold", "label": "Corporate Governance (Instinet Group Inc)", "score": 18.0, "published": true}], "hash": "618b671a4d83332513f8dd6475cafd3d", "id": 3}, {"snippet": "means the determined lower threshold for the property value threshold or land value threshold.", "snippet_links": [{"key": "value-threshold", "type": "definition", "offset": [54, 69]}, {"key": "land-value", "type": "definition", "offset": [73, 83]}], "size": 2, "samples": [{"hash": "7auUp1q1wDu", "uri": "https://www.legislation.act.gov.au/DownloadFile/di/2006-265/20070101-31540/PDF/2006-265.PDF", "label": "www.legislation.act.gov.au", "score": 9.2080766598, "published": false}, {"hash": "mti6yLjnPU", "uri": "https://www.legislation.act.gov.au/DownloadFile/di/2005-157/20050707-20116/PDF/2005-157.PDF", "label": "www.legislation.act.gov.au", "score": 8.8138261465, "published": false}], "hash": "07dddd45735c27a429b7d521819e6d7d", "id": 4}, {"snippet": "means 10% at Closing, and as thereafter adjusted --------------- following any issuance of Transaction Securities by multiplying the Lower Threshold in effect prior to such issuance, expressed as a decimal carried to the third place, by the Dilution Factor; provided, that, if following such -------- ---- issuance of Transaction Securities, a Primary Share Offer is made by Newco pursuant to Section 3.01(d) hereof, the Lower Threshold shall immediately be increased, but never above .100, to L\\2,\\ which is to be determined as follows:", "snippet_links": [{"key": "at-closing", "type": "definition", "offset": [10, 20]}, {"key": "securities-by", "type": "definition", "offset": [103, 116]}, {"key": "in-effect", "type": "clause", "offset": [149, 158]}, {"key": "prior-to", "type": "clause", "offset": [159, 167]}, {"key": "third-place", "type": "clause", "offset": [221, 232]}, {"key": "dilution-factor", "type": "definition", "offset": [241, 256]}, {"key": "share-offer", "type": "definition", "offset": [352, 363]}, {"key": "by-newco", "type": "clause", "offset": [372, 380]}, {"key": "pursuant-to-section", "type": "clause", "offset": [381, 400]}, {"key": "to-be-determined", "type": "definition", "offset": [509, 525]}], "size": 2, "samples": [{"hash": "1StykBKnh4l", "uri": "/contracts/1StykBKnh4l#lower-threshold", "label": "Governance Agreement (Earthlink Network Inc)", "score": 18.0, "published": true}, {"hash": "1N076qLwMrJ", "uri": "/contracts/1N076qLwMrJ#lower-threshold", "label": "Governance Agreement (Sprint Corp)", "score": 18.0, "published": true}], "hash": "4eaa75e62b4eff6cceedd014eb50cc96", "id": 5}, {"snippet": "means $193,000,000.", "snippet_links": [], "size": 2, "samples": [{"hash": "fl7IE82I6Uf", "uri": "/contracts/fl7IE82I6Uf#lower-threshold", "label": "Merger Agreement (Acquicor Technology Inc)", "score": 21.0, "published": true}, {"hash": "11uSsG3aOI3", "uri": "/contracts/11uSsG3aOI3#lower-threshold", "label": "Merger Agreement (Conexant Systems Inc)", "score": 21.0, "published": true}], "hash": "b9d72ed96e2559d4d6bf62c657131a63", "id": 6}, {"snippet": "means the determined threshold for the property value threshold or land value threshold. It is calculated to be the highest sale price in the lowest 25% of all sale prices for residential property or land as applicable, in the past 2 quarters.", "snippet_links": [{"key": "value-threshold", "type": "definition", "offset": [48, 63]}, {"key": "land-value", "type": "definition", "offset": [67, 77]}, {"key": "highest-sale-price", "type": "definition", "offset": [116, 134]}, {"key": "sale-prices", "type": "clause", "offset": [160, 171]}, {"key": "residential-property", "type": "definition", "offset": [176, 196]}], "size": 2, "samples": [{"hash": "56i0ud8wfKy", "uri": "https://www.legislation.act.gov.au/di/2004-62/db_12882/pdf/2004-62.pdf", "label": "www.legislation.act.gov.au", "score": 8.3839835729, "published": false}], "hash": "3f5bf15e7151a7b74228d46331188e58", "id": 7}, {"snippet": "means, subject to clause 2.14, members of the e& Group holding, as registered holder, Ordinary Shares, and/or depositary receipts representing Ordinary Shares, representing in aggregate at least 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"means the amount of Purchaser Losses arising from any single Effect or a series of related or substantially similar Effects to the extent such Purchaser Losses exceed fifteen thousand dollars ($15,000) individually.", "snippet_links": [{"key": "purchaser-losses", "type": "definition", "offset": [20, 36]}, {"key": "substantially-similar", "type": "definition", "offset": [94, 115]}, {"key": "to-the-extent", "type": "clause", "offset": [124, 137]}, {"key": "such-purchaser", "type": "definition", "offset": [138, 152]}], "size": 1, "samples": [{"hash": "kJvks61K5K6", "uri": "/contracts/kJvks61K5K6#lower-threshold", "label": "Securities Purchase Agreement (AOL Inc.)", "score": 21.5886379192, "published": true}], "hash": "8798fb2b195f9edf60336b5b70b64508", "id": 9}, {"snippet": "has the meaning set forth in Section 2.2(a)(ii).", "snippet_links": [], "size": 1, "samples": [{"hash": "jr1nyTgznMA", "uri": "/contracts/jr1nyTgznMA#lower-threshold", "label": "Stock Purchase Agreement (Asbury 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<strong>Lower Threshold</strong> Price by the Average Closing Price at the Determination Date.", "Such parameters will be set by reference to a specified <strong>Lower Threshold</strong> and, in certain cases, Upper Threshold.", "Alternatively, if LegatumX realizes gross proceeds on the Earnout Period Sales equal to or exceeding Ten Million One Hundred Thousand (USD $10,100,000) Dollars, BII shall receive additional shares of LegatumX\u2019s common stock equal to Ten (10%) percent of the outstanding capital stock LegatumX on a Fully- Diluted Basis (the \u201cHigher Threshold Earnout Shares\u201d, and together with the <strong>Lower Threshold</strong> Earnout Shares, the \u201cEarnout Shares\u201d).", "During the five-day period commencing with its receipt of such notice, NDC shall have the option, in its sole discretion, to elect to revise the Base Amount to equal that number of shares of NDC Common Stock (rounded to the nearest whole share) obtained by dividing the product of the Base 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HUNDRED AND FORTY-FOUR THOUSAND EIGHT HUNDRED AND FORTY-SIX U.S. DOLLARS $(944,846) (the \u201c<strong>Lower Threshold</strong>\u201d), the difference between the <strong>Lower Threshold</strong> and the Final Net Asset Amount shall be paid to Buyer by Sellers with simple interest thereon from the Closing Date to the date of payment at a floating rate per annum equal to the per annum interest rate announced from time to time by JPMorgan Chase &amp; Co. as its prime rate in effect.", "Notwithstanding Section 6.3(a), with respect to the tax year(s) in which any Buyers Basis Amount is distributed, in the event the Bonus EBITDA is less than $40,000,000 Buyers shall be allocated gross income in an amount (the \u201cBuyers Basis Amount\u201d) equal to the excess of <strong>Lower Threshold</strong> of Cattle Basis over the Actual Cattle Basis; provided, however, that in no event shall the Buyer Basis Amount exceed $5,000,000.", "Notwithstanding Section 6.3(a), with respect to the tax year(s) in which any Buyers Bonus Amount is distributed, Buyer shall be allocated gross income in an amount (the \u201cBuyers Bonus Amount\u201d) equal to fifty percent (50%) of the excess (if any) of the <strong>Lower Threshold</strong> of EBITDA over the Bonus EBITDA; provided, however, that in no event shall the Buyers Bonus Amount exceed $2,000,000.", "If the amount of such Company Equity on the Closing Balance Sheet is equal to or less than the Pro forma Equity less $500,000 (such amount is hereinafter referred to as the &quot;<strong>Lower Threshold</strong>&quot;), then the Final Purchase Price shall equal the Initial Purchase Price minus the amount by which Company Equity is less than the <strong>Lower Threshold</strong>."], "related": [["bid-threshold", "Bid threshold", "Bid threshold"], ["ownership-threshold", "Ownership Threshold", "Ownership Threshold"], ["initial-dividend-threshold", "Initial Dividend Threshold", "Initial Dividend Threshold"], ["stated-threshold", "Stated Threshold", "Stated Threshold"], ["minimum-threshold", "Minimum Threshold", "Minimum Threshold"]], "related_snippets": [], "updated": "2025-07-06T21:58:41+00:00"}, "json": true, "cursor": ""}}