Threshold Average definition
Threshold Average. Income shall mean the average Income from Rental Car Operations for the three (3) years preceding the Threshold Date.
Examples of Threshold Average in a sentence
If the Threshold Average Income is less than the Base Year Income, the Authority will hire a consultant reasonably acceptable to Rail Company to determine whether the reduction in Income from Rental Car Operations was caused by the Rail Company Rail Transportation Business taking into account any Outside Influences.
If the Threshold Average Income is equal to or greater than the Base Year Income, the Authority agrees that the Rail Airport Fee fairly compensated the Authority and no further review is required.
Income shall mean the Threshold Average Income adjusted for income reductions caused by the Outside Influences.
First, the Authority will determine whether the Threshold Average Income is less than the Base Year Income.