Testing Threshold definition

Testing Threshold is defined in Section 6.9(a) hereof.

Testing Threshold being met on any date means that as of such date the aggregate amount of (a) Revolving Loans and Swingline Loans outstanding at such time plus (b) the aggregate LC Exposure at such time (excluding, in the case of this clause (b), LC Exposure comprising (i) the aggregate undrawn amount of Letters of Credit issued in connection with the Rural Digital Opportunity Fund (the “RDOF Letters of Credit”), (ii) the aggregate undrawn amount of other Letters of Credit in an amount not to exceed $20.0 million, and (iii) the aggregate amount of Letters of Credit that have been Cash Collateralized) exceeds 35.0% of the aggregate amount of all Revolving Commitments (excluding the RDOF Letters of Credit) outstanding at such time.

Testing Threshold being met on any date means that as of such date the aggregate amount of:

Examples of Testing Threshold in a sentence

• Testing Threshold and Foundational Concepts If a bar exam is constructed based on our recommendations, with testing focused on assessing the applicant’s grasp of threshold analytic concepts and foundational doctrinal concepts rather than memory of particular legal rules, the entire test should be constructed as what is currently called a “performance test” (e.g., the Multistate Performance Test part of the UBE).

• Over 40 per cent of engi- neers working in the Valley are mi-grants.

• The Parent Bank aims to keep up its activities in every line of banking.

• Specific Testing Threshold We determined that for Revenue return before tax, a misstatement of less than materiality for the financial statements as a whole, could influence users of the financial statements as it is a measure of the Company’s performance of income generated from its investments after expenses.

• The employer provided this Officer with a copy of the document titled "Determination of a Testing Threshold Date for Asbestos in City-Owned Buildings" dated May 24, 2017.