Threshold Test definition

Threshold Test shall be met with respect to a given category of Loans if the applicable Category Percentage (or average Principal Balance with respect to the Principal Balance category) falls within the Confidence Range for such category in the Proposed Pool.
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Threshold Test means, in respect of any transfer or issue of Economic Interest(s) in NNB HoldCo (other than a transfer of Qualifying Economic Interest(s) or a transfer or issue to a member of an Investor Group) whether actual or (in the case of paragraph (C) or (D) of the definition of “Tracked Person” in this Clause 1.1) notional, if the product of:
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Threshold Test means that, after giving effect to the Merger, the issuance of the ▇▇▇▇ Structure Fee Shares, the transfer of shares by ▇▇▇▇-InfraREIT to OpTrust described in the recitals and the ▇▇▇▇ Redemption, the Shareholders (as defined in the Existing LLC Agreement) of InfraREIT LLC immediately prior to the Merger shall hold 49.5% or less of the total aggregate value of the outstanding shares of Common Stock and Classified Common Stock immediately following the Merger and the ▇▇▇▇ Redemption.
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Examples of Threshold Test in a sentence

  • For the avoidance of doubt any amendment or waiver of the provisions of Clauses 28.23 (Security following Debt Ratings decrease), 28.24 (Guarantor Threshold Test and Additional Guarantors) and to the Agreed Security Principles shall be governed by Clause 42.1 (Required consents).

  • Terms defined in Clause 28.23 (Security following Debt Ratings decrease) or Clause 28.24 (Guarantor Threshold Test and Additional Guarantors) shall have the same meaning where used in this Schedule.

  • This Schedule addresses the manner in which the Agreed Security Principles will impact on the guarantees and Security proposed to be taken pursuant to Clause 28.23 (Security following Debt Rating decrease) or Clause 28.24 (Guarantor Threshold Test and Additional Guarantors).

  • For each year end within the Term, Executive shall be entitled to an Incentive Bonus determined in accordance with this Section if the Threshold Test is met.

  • The breach of bail conditions may necessitate the Threshold Test being applied, where previously the grounds for applying this test were not met.

  • Where the police seek a charging decision based on an application of the Threshold Test as per the Code for Crown Prosecutors, they will provide detailed and comprehensive information to enable the prosecutor to determine whether the application of the Threshold Test is appropriate and to fully consider issues surrounding opposition to bail.

  • As of any date that a Borrowing Base Certificate is delivered, the Outstanding Principal does not satisfy the Applicable Threshold Test and such Default is not cured within ten (10) Business Days by the Borrower adding new Subject Funds to the Available Borrowing Base or by any Person making an Equity Contribution to Borrower in an amount sufficient to cure the Default, after giving effect to the prepayment of principal, in each case, as provided in Section 2.1(f).

  • Terms defined in Clause 23.22 (Further Assurance and Security following Debt Ratings decrease) of the Facility Agreement or Clause 23.23 (Guarantor Threshold Test and Additional Guarantors) of the Facility Agreement shall have the same meaning where used in this Schedule.

  • This Schedule addresses the manner in which the Agreed Security Principles will impact on the guarantees and Security proposed to be taken pursuant to Clause 23.22 (Further Assurance and Security following Debt Ratings decrease) of the Facility Agreement or Clause 23.23 (Guarantor Threshold Test and Additional Guarantors) of the Facility Agreement.

  • Notwithstanding the foregoing, the Purchaser shall not have a right to nominate any member to the Board of Directors pursuant to this Section 4.07(a)(i) from and after the date on which each of the following is satisfied: (A) the Silver Lake Group does not satisfy the Minimum Ownership Threshold Test and (B) Purchaser does not have a member of the Board of Directors that was either appointed pursuant to Section 4.07(a) or nominated pursuant to this Section 4.07(a)(i).


More Definitions of Threshold Test

Threshold Test has the meaning given to it in paragraph (c) of Clause 21.27 (Guarantees).
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Threshold Test means an initial drug test of a specimen to determine the presence of drugs or metabolites.
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Threshold Test means the test applied by Prosecutors to charge a suspect where there is some evidence and there is a reasonable prospect of additional evidence becoming available as referred to in Chapter Two.
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Related to Threshold Test

  • Threshold means, with respect to Party B and any Valuation Date, infinity.

  • DNS test Means one non-­‐recursive DNS query sent to a particular “IP address” (via UDP or TCP). If DNSSEC is offered in the queried DNS zone, for a query to be considered answered, the signatures must be positively verified against a corresponding DS record published in the parent zone or, if the parent is not signed, against a statically configured Trust Anchor. The answer to the query must contain the corresponding information from the Registry System, otherwise the query will be considered unanswered. A query with a “DNS resolution RTT” 5 times higher than the corresponding SLR, will be considered unanswered. The possible results to a DNS test are: a number in milliseconds corresponding to the “DNS resolution RTT” or, undefined/unanswered.

  • Percolation test means a subsurface soil test at the depth of a proposed absorption system or similar component of an OWTS to determine the water absorption capability of the soil, the results of which are normally expressed as the rate at which one inch of water is absorbed. The rate is expressed in minutes per inch.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.