Minimum Threshold Amount definition

Minimum Threshold Amount is defined in Section 2.7(d)(iii).

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Minimum Threshold Amount means the minimum Principal Amount of this Debenture that may be partially converted or redeemed, as applicable, such amount being US$100,000;

Minimum Threshold Amount means an amount equal to the greater of 10.00% of Closing Date EBITDA (i.e., $17,460,000) and 10.00% of TTM Consolidated Adjusted EBITDA.

Examples of Minimum Threshold Amount in a sentence

• Provided that the Total Revenue is at least equivalent to the Minimum Threshold Amount for the respective year, TransLink will pay to the City an amount equal to ten per cent (10%) of the Fibre Gross Revenue (the “City Fibre Share”).

• For greater clarity, the City agrees that TransLink will not be required to pay the City CRU Share or the City CRCA Share, or any portions thereof, in any calendar year unless the Total Revenue for that year is at least equivalent to the Minimum Threshold Amount.

• If any year of this Contribution Agreement is less than a full calendar year, TransLink shall calculate and pay the City Fibre Share by prorating the Minimum Threshold Amount and then applying this clause to the partial period of that shorter year.

• If any year of this Contribution Agreement is less than a full calendar year, TransLink shall calculate and pay the City CRU Share and City CRCA Share by prorating the Minimum Threshold Amount and then applying this clause to the partial period of that shorter year.

• Upon the reasonable request of the Company, ▇▇▇▇▇▇ shall promptly provide evidence reasonably satisfactory to the Company to allow the Company to verify that Holder, together with its Affiliates, is the beneficial owner of no less than the Minimum Threshold Amount of Sponsor Notes.

More Definitions of Minimum Threshold Amount

Minimum Threshold Amount means an amount equal to five million dollars ($5,000,000).

Minimum Threshold Amount means $20,000,000.

Minimum Threshold Amount means the amount equal to the sum of (a) the greater of (i) $30,000,000 or (ii) fifteen (15%) percent of the Maximum Credit, plus (b) either (i) the unpaid amount with respect to the Borrowers’ and Guarantors’ VIM/VAR furnace projects (less any portion thereof reimbursement for which has been unconditionally committed to by any third party (other than an Affiliate of Borrowers or Guarantors) on terms and conditions reasonably satisfactory to Agent) as determined pursuant to the reports that are delivered to Agent pursuant to Section 7.1(a)(i)(C) hereof or (ii) such other amount as may be agreed to by the Agent and Administrative Borrower from time to time.

Minimum Threshold Amount means the amount specified as such in the applicable Final Terms or, if no such amount is specified, £50,000 (or the Specified Currency equivalent thereof).

Minimum Threshold Amount means (a) as of the date hereof, $100,000,000; and (b) at any time after the date hereof, $100,000,000 or such higher amount for Material Indebtedness (as defined in the Primary Credit Agreement) as may be specified in the Primary Credit Facility from time to time, and, if for any reason no Primary Credit Facility then exists, the amount for Material Indebtedness in the Primary Credit Facility that was most recently in effect; provided that in no event shall the Minimum Threshold Amount hereunder be greater than $200,000,000. If at any time the Primary Credit Facility contains an amount for Material Indebtedness that is greater than $100,000,000 (but in no event greater than $200,000,000), then such amount shall be deemed automatically incorporated by reference into this definition of this Agreement, mutatis mutandis, as if set forth in full herein, effective as of the date when such Minimum Threshold Amount shall have become effective under the Primary Credit Facility.

Minimum Threshold Amount is defined in the definition of “Material Debt.”

Minimum Threshold Amount means an amount equal to (a) from the Closing Date through the Inventory Appraisal Date, Fifteen Million Dollars ($15,000,000), and (b) after the Inventory Appraisal Date, Ten Million Dollars ($10,000,000).