Threshold Amounts definition
Examples of Threshold Amounts in a sentence
Section 10.1 of the Agreement further addresses how the Threshold Amounts will be adjusted in those circumstances.
The Royalties will not be paid and the Threshold Amounts will not be determined on production from any property not contributed to Grantors by Grantee or its affiliates pursuant to the Implementation Agreement or the Agreement.
Such proceeds shall be placed in a special interest-bearing escrow account, in the appropriate sub-account at the Escrow Agent designated for each Series (the "Escrow Account") until the Threshold Amounts for each Series (or such greater amount as the Company may direct in writing) have been deposited in said account.
For clarity, if Grantee or its affiliates owned and contributed to Grantors an undivided 75% interest in the gold and copper produced from a portion of the Properties, then the Gold Royalty and the Copper Royalty will be paid, and the applicable Threshold Amounts will be determined based only on 75% of the gold and copper production from such portion of the Properties.
Adjustments in the Threshold Amounts and Base Rent shall be effective on the first day of the first calendar month of the Fiscal Year to which such adjusted Threshold Amounts apply.
Exhibit A Form of Note Exhibit B Form of Articles Supplementary to Articles of Incorporation in respect of Noteholder Preferred Stock Exhibit C Form of Notice of Cash Dividend and Limited Right to Convert Schedule 1.01 Loss Threshold Amounts Schedule 4.16 Minimum Excess Cash Flow Schedule 10.02 Required Filings INDENTURE, dated as of April 17, 2001, by and between CRIIMI MAE Inc., a Maryland corporation (the "COMPANY"), and ▇▇▇▇▇ Fargo Bank Minnesota, National Association, as trustee (the "TRUSTEE").
Such proceeds shall be placed in a special interest-bearing escrow account, in the appropriate sub-account at the Escrow Agent designated for the each Series (the “Escrow Account”) until the Threshold Amounts for the each Series (or such greater amount as the Company may direct in writing) have been deposited in said account.
In the event Base Rent is abated, the Threshold Amounts shall also be reduced accordingly.
In addition, notwithstanding anything contained herein to the contrary, any Indemnification Claims because of a breach of this Section 10.2 shall not be subject to the Indemnification Threshold Amounts or Indemnification Cap contained in Section 10.3(b), provided that the covenants in this Section 10.2 shall not survive the dissolution of Purchaser except for a dissolution caused by the sale, merger or consolidation of the Purchaser rather than the winding up of the business or affairs of Purchaser.
Exhibit A Form of Note Exhibit B Form of Articles Supplementary to Articles of Incorporation in respect of Noteholder Preferred Stock Exhibit C Form of Notice of Cash Dividend and Limited Right to Convert Schedule 1.01 Loss Threshold Amounts Schedule 4.16 Minimum Excess Cash Flow Schedule 10.02 Required Filings INDENTURE, dated as of April __, 2001, by and between CRIIMI MAE Inc., a Maryland corporation (the "COMPANY"), and ▇▇▇▇▇ Fargo Bank Minnesota, National Association, as trustee (the "TRUSTEE").