Threshold Capital definition

Threshold Capital means, provided the Fund (including, for greater certainty U.S. Holding LP) has raised aggregate gross proceeds of C$100,000,000, the aggregate gross proceeds raised by the Fund, net of agents’ fees and offering and formation expenses;
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Threshold Capital means, for a given month, (I) the Net Capital for that month, plus (II) that Net Capital mulfiplied by the relevant Threshold Calculafion for the period from the commencement of that month unfil the commencement of the month in which the Trigger Date falls;
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Threshold Capital means the value of those categories of assets of the Company shown on Schedule 1.3.1 less the value of those categories of liabilities of the Company shown on Schedule 1.3.1 as of the Closing Date, in each case calculated in accordance with GAAP and the Accounting Policies. In the event of any conflict between GAAP and the Accounting Policies, the Accounting Policies shall control. An example of the calculation of Threshold Capital based on the financial statements of the Company for June 30, 2005 is set forth on Schedule 1.3.1
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Examples of Threshold Capital in a sentence

  • The fact that any such assignment may be permitted under this Section 20 shall not affect the determination of whether such assignment or any related transaction constitutes a Threshold Capital Transaction.

  • Immediately prior to the consummation of a Threshold Capital Transaction or a Class B Exchange, EEH shall distribute to each EEH Member his or her Pro Rata Portion of (A) in the case of a Threshold Capital Transaction, the Class B Shares held by EEH, or (B) in the case of a Class B Exchange, the Class B Exchange Amount.

  • Upon the consummation of such Threshold Capital Transaction or Class B Exchange, as applicable, each EEH Member shall be entitled to receive its Pro Rata Portion of any Capital Proceeds or Class A Shares and/or cash in lieu of fractional Class A Shares, as applicable, distributable or issuable in respect of such Class B Shares to the extent set forth in the Certificate of Incorporation.

  • Except as otherwise provided in an Award Agreement, in the event of the consummation of a Threshold Capital Transaction, any vesting restrictions applicable to outstanding Cash Awards shall immediately lapse and, become payable within (30) days thereafter.

  • All of the issued and outstanding shares of Threshold Capital Stock have been duly authorized and validly issued, and are fully paid and nonassessable.

  • If Seller's Capital as of the close of business on the last business day of the month immediately preceding the Closing Date (the "Measurement Date") is greater or less than the Threshold Capital then the Merger Consideration will be increased or reduced (as applicable) dollar-for-dollar by the amount of any such shortfall or excess (as applicable).

  • The Company shall commence paying Executive the Base Salary at its full rate as of the date on which the Company obtains the Threshold Capital.

  • Set forth on Schedule 1.3.1 is an example of the calculation of Threshold Capital.

  • Neither Threshold nor any of the Threshold Subsidiaries are under any obligation, nor is bound by any Contract pursuant to which it may become obligated, to repurchase, redeem or otherwise acquire any outstanding shares of Threshold Capital Stock, capital stock of an of the Threshold Subsidiaries or other securities.

  • The Partner Capital Cost Invoice shall separately itemize for each Plant Facility each Above Threshold Capital Project and shall show the project funding for each itemized Above Threshold Capital Project.


More Definitions of Threshold Capital

Threshold Capital means $5,500,000, plus or minus (as applicable), the amount of any unrealized gains or losses on the Seller Bank's investment portfolio since May 31, 2013 as recorded in capital.
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