Tier 2 Threshold definition

Tier 2 Threshold means $2,220,000.00, increasing at a rate of three percent (3%) per annum compounded annually for each Fiscal Year.
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Tier 2 Threshold means (a) if the Consolidated Asset Coverage Ratio is less than 1.67x, 8% of the aggregate value of all Eligible Portfolio Investments in their entirety, (b) if the Consolidated Asset Coverage Ratio is greater than or equal to 1.67x but less than 2.00x, 10% of the aggregate value of all Eligible Portfolio Investments in their entirety, and (c) if the Consolidated Asset Coverage Ratio is greater than or equal to 2.00x, 12% of the aggregate value of all Eligible Portfolio Investments in their entirety, in each case of clauses (a), (b) and (c), as measured against the most recent financial statements delivered in accordance with Sections 5.01(a) and 5.01(b).
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Tier 2 Threshold means $1,054,405,700.00, increasing at a rate of three percent (3%) per annum compounded annually for each Fiscal Year.
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Examples of Tier 2 Threshold in a sentence

  • If on any Purchase Date the Closing Sale Price of the Common Stock is (w) for a Tier 1 Purchase, below the Tier 1 Threshold or (x) for a Tier 2 Purchase, below the Tier 2 Threshold, then the number of Purchase Shares shall automatically be reduced to (y) a Regular Purchase in the case of a Purchase Notice delivered for a Tier 1 Purchase and (z) a Tier 1 Purchase in the case of Purchase Notice delivered for a Tier 2 Purchase.

Related to Tier 2 Threshold

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

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

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.