Second Threshold Amount definition

Second Threshold Amount means $200,000,000.

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Second Threshold Amount has the meaning provided in Section 21.3(c) hereof. “Security Deposit” has the meaning provided in Section 33.1 hereof.

Second Threshold Amount means such amount of Return of Proceeds that when distributed in accordance with Articles 12.1(a) to 12.1(c) inclusive, would result in the Second Target Return being achieved;

Examples of Second Threshold Amount in a sentence

If the Maximum VFN Principal Balance has not been reduced to or below the Second Threshold Amount by the Second Threshold Date, Advance Purchaser shall pay to Natixis a Second Threshold Termination Fee on any date after the Second Threshold Date on which the Maximum VFN Principal Balance is first reduced to or below the Second Threshold Amount.
Such reimbursements shall be up to an aggregate amount equal to the then remaining Threshold Amount and/or Second Threshold Amount, as applicable, as described in Section 12.2(d).
At such time as the aggregate Losses pursuant to subsection (iii) equals or exceeds the Second Threshold Amount, QuadraMed and Acquisition Co. shall be indemnified solely to the extent such Losses exceed the Second Threshold Amount.
The Threshold Amount and Second Threshold Amount shall be reduced by any amount reimbursed by Purchaser to Seller under this Section 12.2(e).
For the avoidance of doubt, the Special Unit Bonus shall not vest and become payable, and Employee shall have no rights with respect thereto, if the Total Equity Return as of the consummation of a Termination Event is not equal to or greater than the Second Threshold Amount and any portion of the Special Unit Bonus that does not vest and become payable in connection with the consummation of a Termination Event shall be forfeited.
The Stockholders shall have no liability with respect to the matters described in Section 12(a)(iii) above unless and until the aggregate amount of Losses equals or exceeds $4,050,000 (the "Second Threshold Amount").
For purposes of this Section 12.2(e), the amount paid by Purchaser to Seller shall be paid at a rate equal to the rate at which the Threshold Amount and/or Second Threshold Amount would be reduced if the amount sought to be reimbursed by Seller were an amount which Purchaser were seeking an indemnity under Section 12.2(b).

More Definitions of Second Threshold Amount

Second Threshold Amount means $1,250,000,000.

Second Threshold Amount means $1,256,400,000.

Second Threshold Amount means 3 million shares of Common Stock, in the aggregate, subject to adjustment for any stock split, stock dividend, reverse stock split, combination, recapitalization, reclassification or like transaction as contemplated in Section 6.8.

Second Threshold Amount means an amount equal to the sum of (a) the outstanding principal balance of all Loans as of the Effective Date, as set forth in Section 1 (a) hereto, in excess of $80,000,000, as such outstanding principal amount is increased from and after the Effective Date at a rate per annum equal to 15.00%, (b) all other amounts set forth in clauses (B) through (F) of Section 1(a) hereto, as such amounts are increased from and after the Effective Date at a rate per annum equal to 15.00% and (c) the amount of any fees and expenses payable by the Obligors pursuant to the Loan Documents that are incurred after the Effective Date, as such amount is increased from and after the Effective Date at a rate per annum equal to 15.00%. The parties hereto further agree and Administrative Agent, as Payee on behalf of the NPI Holders agrees, that in the event of any Disposition of the Subject Properties (x) no NPI Obligations will be required to be paid by the Borrower or any other Loan Party and such NPI Obligations will be terminated, (y) the NPI Holder will, immediately prior to such Disposition, reconvey the NPI to the Borrower, and (z) the Administrative Agent shall release all Liens created by the Borrower to secure the Secured Obligations, including, without limitation, the NPI Mortgage.

Second Threshold Amount means an amount equal to (i) with respect to the New Jersey Property, $1,000,000 and (ii) with respect to the Georgia Property, $500,000.