Threshold Working Capital Amount means, at the time any distribution is contemplated (but not less often than quarterly), without duplication of any required minimum working capital requirements as set forth in the Tenant Portfolio Agreement, the aggregate amount of Thirty Thousand Dollars ($30,000) for each Operating Company.
Threshold Working Capital Amount means an amount equal to Six Million Five Hundred Seventy-Six Thousand Nine Hundred Sixty-Nine Dollars ($6,576,969).
Threshold Working Capital Amount means, at the time any distribution is contemplated (but not less often than quarterly), without duplication of any required minimum working capital requirements as set forth in the Owner Portfolio Agreement, the aggregate amount of Ten Thousand Dollars ($10,000.00) for each of RSC Oakleaf Lexington, LLC and/or RSC Oakleaf Greenville, LLC, both Florida limited companies and Seventy Five Thousand Dollars ($75,000.00) for each of RSC Lexington, LLC and RSC Greenville, LLC, both Florida limited companies.
Examples of Threshold Working Capital Amount in a sentence
Except as provided in Section 4.2, the Company, in any given quarter, may not make any distributions which would cause the amount of working capital to be less than the Threshold Working Capital Amount.
More Definitions of Threshold Working Capital Amount
Threshold Working Capital Amount means an amount equal to the sum of (i) $15,000,000 if Closing occurs on or prior to October 31, 2012, (ii) $10,000,000 if Closing occurs after October 31, 2012 but on or prior to November 30, 2012, (iii) $5,000,000 if Closing occurs after November 30, 2012 but on or prior to December 31, 2012 or (iv) $0 if Closing occurs after December 31, 2012.
Threshold Working Capital Amount means One Hundred Eighty Five Thousand Dollars ($185,000).