Threshold definition

Threshold means, for Party B: infinity.
Threshold means, with respect to Party B and any Valuation Date, infinity.
Threshold means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

Examples of Threshold in a sentence

  • Any purported delivery hereunder shall be void and have no effect to the extent (but only to the extent) that, after such delivery, (i) the Share Amount would exceed the Post-Effective Limit (ii) the Section 16 Percentage would exceed 4.9% or (iii) Party A Group would directly or indirectly so beneficially own in excess of the Threshold Number of Shares.

  • The Borrower shall cause the Aggregate Loan Amount to exceed the Minimum Funding Threshold at all times.

  • If the applicable Development and Regulatory Milestone Event is achieved after the end of the U.S. P&L Share Term and Vir Bio has not achieved the Limited Funding Threshold at such time, then Company will pay Vir Bio the following corresponding Development and Regulatory Milestone Payment (“Opt-Out Development and Regulatory Milestone Payment”) for such Development and Regulatory Milestone Event.

  • If the applicable Sales Milestone Event is achieved after the end of the U.S. P&L Share Term and Vir Bio has achieved the Limited Funding Threshold at such time, then Company will pay Vir Bio the following Sales Milestone Payment (“Limited Funding Sales Milestone Payment”) for such Sales Milestone Event.

  • The maximum amount payable by Company pursuant to this Section 9.2.3(iii) (Profit/Loss Share Not in Effect and Limited Funding Threshold Not Met) is [***].


More Definitions of Threshold

Threshold means, with respect to a party, the Base Currency Equivalent of the amount specified as such for that party in Paragraph 11(b)(iii)(B); if no amount is specified, zero.
Threshold has the meaning set forth in Section 7.4(a).
Threshold means with respect to Party A: Zero "Threshold" means with respect to Party B: Zero
Threshold means, for Party A: infinity, unless, (A) (i) an Initial Rating Event has occurred and is continuing for 10 Business Days AND (ii) Party A has not otherwise complied with Part 5(h)(i) of this Agreement, OR (B) (i) a Subsequent Rating Event has occurred and is continuing for 10 Business Days AND (ii) Party A has not otherwise complied with Part 5(h)(ii) of this Agreement, then its Threshold shall be zero.
Threshold means with respect to Party A and Party B, zero.
Threshold has the meaning set forth in Section 10.1(d).
Threshold has the meaning set forth in Section 8.1(c).