Required Levels definition

Required Levels has the meaning set forth in Section 3.2(c). "Restructuring Effective Date" shall mean the later of: the "Effective Date" under and as defined in the Amended and Restated Power Purchase Agreement and the "Effective Date" under and as defined in the PSEG Amendment. "Second Component" means $188,679 per month. "Termination Date" has the meaning set forth in Section 3.1. "Utilities Agreement" means the Utilities Agreement dated as of June 16, 2000 by and between Green Tree and the Aqualon Company, a division of Hercules. 2.
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Required Levels means the levels in respect of the Financial Covenants which the Issuer is required to maintain, as set out in clause 8.2;
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Required Levels has the meaning set forth in Paragraph 4(b) of Article VI hereof. "Second Tier Reduction" has the meaning set forth in Paragraph 4(a)(ii) of Article VI hereof.
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Examples of Required Levels in a sentence

  • If the Required Levels are re-attained within the Cure Period, then Hercules shall promptly so notify NJEA in writing with appropriate detail and supporting information (including the date on which the Required Levels were re-attained), and the Monthly Employment Incentive Payments (or portion thereof in the case of a reduction) shall be reinstated from that date forward, with the first such payment following the Cessation of Operations being prorated for any partial month.

  • At any time that insurance at the levels described as "Required Levels" in Schedule 6.10 is not being maintained by Borrower, Borrower will notify Agent in writing thereof and, if thereafter notified by Agent to do so, Borrower will obtain insurance at such levels at least equal to those set forth as "Required Levels" in Schedule 6.10.

  • If the Required Levels at either or both of the Hercules Facility and/or the Nitrocellulose Facility are not re-attained within the Cure Period, Hercules shall promptly so notify NJEA in writing and the Cessation of Operations shall be considered permanent, and NJEA's obligation to make the Monthly Employment Incentive Payments hereunder shall be irrevocably reduced or eliminated as described in Section 3.2(b), as the case may be.

  • At any time that insurance at the levels described as "Required Levels" in Schedule 6.10 is not being maintained by Borrower, Borrower will notify Facility Agent in writing thereof and, if thereafter notified by Facility Agent to do so, Borrower will obtain insurance at such levels at least equal to those set forth as "Required Levels" in Schedule 6.10.

  • If the Required Levels are re-attained within the Cure Period, then Buyer shall promptly so notify Seller in writing with appropriate detail and supporting information (including the date on which the Required Levels were re-attained), and the Base Damage Payments level shall be reinstated from that date forward.

  • If the Required Levels at either or both of the Hercules Facility and/or the Nitrocellulose Facility are not re-attained within the Cure Period, Buyer shall promptly so notify Seller in writing and the Cessation of Operations shall be considered permanent, and the Base Damage Payment hereunder shall be irrevocably reduced or eliminated as described in paragraph 4(a) above.

Related to Required Levels

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.

  • Minimum Level (ML) means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • regulatory action level RBC means the product of 1.5 and its authorized control level RBC;

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.