Triggering Amount definition

Triggering Amount means the greater of (i) $1,300 million and (ii) 17.5% of Consolidated Total Assets, measured at the date of incurrence and outstanding at any one time (provided that any fees and expenses (including any premium and defeasance costs) incurred in connection with the replacement, refinancing, restructuring, extension or renewal of Indebtedness shall not be deemed to constitute Indebtedness for purposes of calculating the aggregate amount of Indebtedness that may be incurred upon such replacement, refinancing, restructuring, extension or renewal). In addition, an increase in the amount of Indebtedness in connection with any accrual of interest, accretion of accreted value, amortization of original issue discount, payment of interest in the form of additional Indebtedness with the same terms, and accretion of original issue discount and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness, shall not constitute Indebtedness for purposes of calculating the Triggering Amount.
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Triggering Amount means the following amount in any 60-day period ending in the applicable calendar year:
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Triggering Amount means, for any Capital Demand Notice, the product of (i) 15% of the aggregate number of shares of Common Stock traded on each Trading Day of the fifteen (15) Trading Day period ending on the Trading Day immediately prior to the first Trading Day of the Selling Period, as reported by Bloomberg Financial LP using the AQR function, multiplied by (ii) the volume weighted average of the VWAP on each Trading Day during such fifteen (15) Trading Day period.
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Examples of Triggering Amount in a sentence

  • Buyer shall not be required to indemnify the Seller Indemnified Parties under this Agreement with respect to any Occurrence unless the Damages sustained or suffered by the Seller Indemnified Parties arising out of or based upon such Occurrence exceed Twenty Thousand Dollars ($20,000), at which point the entirety of such Damages (from the first dollar) shall be applied towards the Triggering Amount (the entirety of such Damages being hereinafter referred to as the "Seller Indemnified Liabilities").

  • No claims for indemnification shall be made under this Agreement against Seller unless and until the aggregate amount of all Buyer Indemnified Liabilities exceed Six Hundred Seventy Thousand Dollars ($670,000) (the "Triggering Amount"), at which point Seller shall be obligated to indemnify the Buyer Indemnified Parties from and against all of the Buyer Indemnified Liabilities relating back to the first dollar.

  • Such right may be exercised by written notice to the holders thereof given (i) not less than ten (10) days prior to the date of closing of a Triggering Event or (ii) within thirty (30) days after the end of any sixty (60) day period in which the Triggering Bid Price has exceeded the Triggering Amount, which notice shall specify the record date set for conversion.

  • In the event the Underwriter sells Common Stock during a Selling Period and the Triggering Amount is under $500,000, the Company shall be responsible for out-of-pocket costs and expenses incurred by the Underwriter while conducting due diligence prior to such Selling Period up to a maximum amount of $4,000 per calendar quarter.

  • No claims for indemnification shall be made under this Agreement against Buyer unless and until the aggregate amount of all Seller Indemnified Liabilities exceed the Triggering Amount, at which point Buyer shall be obligated to indemnify the Seller Indemnified Parties from and against all of the Seller Indemnified Liabilities relating back to the first dollar.

  • If, on or prior to the Early Maturity Repurchase Offer Payment Date, the aggregate outstanding principal amount of the Existing 2018 Notes has been reduced below the Triggering Amount, the Company may withdraw the Early Maturity Repurchase Offer and will not be required to purchase any of the Existing 2018 Notes tendered pursuant to the Early Maturity Repurchase Offer.

  • An action to set aside the sale on the grounds that the bid is insufficient may not be sustained in court, except that a taxing unit that participates in distribution of proceeds of the sale may file an action before the first anniversary of the date of the sale to set aside the sale on the grounds of fraud or collusion between the officer making the sale and the purchaser.

  • Upon (x) the sale or other disposition of the Guarantor to the extent permitted in accordance with the terms of the Credit Agreement, (y) the Guarantee Triggering Amount being reduced to equal to or less than the greater of $300,000,000 or 15% of Consolidated Net Worth or (z) a consolidation or merger of the Guarantor with or into the Company (any such event being a “Termination Event”), the Guarantor shall be automatically released from this Guaranty.

  • Should Nabi fail to ship to Talecris the penalty triggering amount (“Penalty Triggering Amount”) defined in Schedule A To Amendment, then Talecris will invoke a penalty of [*****] times the difference between (i) Penalty Triggering Amount and (ii) the number of liters actually delivered in said calendar year.

  • Upon the occurrence of a Triggering Event, or if the Triggering Bid Price for any period of sixty (60) consecutive calendar days has exceeded the Triggering Amount, the Company may require that each of the outstanding shares of Series C Preferred Stock be converted into Common Stock computed by multiplying the number of shares of Series C Preferred Stock to be converted times the Stated Value and dividing the result by the Conversion Price in effect at the time of such conversion.


More Definitions of Triggering Amount

Triggering Amount means the greater of (i) $1,400 million and (ii) 21.25% of Consolidated Total Assets, measured at the date of incurrence and outstanding at any one time (provided that any fees and expenses (including any premium and defeasance costs) incurred in connection with the replacement, refinancing, restructuring, extension or renewal of Indebtedness shall not be deemed to constitute Indebtedness for purposes of calculating the aggregate amount of Indebtedness that may be incurred upon such replacement, refinancing, restructuring, extension or renewal); provided that the reference to “(i) $1,400 million and (ii) 21.25% of Consolidated Total Assets” above shall instead be deemed to refer to “(i) 1,300 million and (ii) 17.5 of Consolidated Total Assets” for so long as any Existing Notes remain outstanding. In addition, an increase in the amount of Indebtedness in connection with any accrual of interest, accretion of accreted value, amortization of original issue discount, payment of interest in the form of additional Indebtedness with the same terms, and accretion of original issue discount and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness, shall not constitute Indebtedness for purposes of calculating the Triggering Amount.
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Triggering Amount means the following amount in any 60-day period ending in the applicable calendar year: Triggering Calendar Amount Year ---------- -------- $3.45 1999 $4.25 2000 $5.15 2001
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Triggering Amount means the greater of (i) $1,400 million and (ii) 21.25% of Consolidated Total Assets, measured at the date of incurrence and outstanding at any one time (provided that any fees and expenses (including any premium and defeasance costs) incurred in connection with the replacement, refinancing, restructuring, extension or renewal of Indebtedness shall not be deemed to constitute Indebtedness for purposes of calculating the aggregate amount of Indebtedness that may be incurred upon such replacement, refinancing, restructuring, extension or renewal); provided that the reference to “(i) $1,400 million and (ii) 21.25% of Consolidated Total Assets” above shall instead be deemed to refer to “(i) 1,300 million and (ii) 17.5 of Consolidated Total Assets” for so long as any Existing Notes remain outstanding. In addition, an increase in the amount of Indebtedness in connection with any accrual of interest, accretion of accreted value,
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Related to Triggering Amount

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Rights Offering Amount means $300,000,000.

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Maximum Revolving Amount means $10,000,000.

  • Payment Amount has the meaning specified in Section 6.1.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Closing Amount has the meaning set forth in Section 2.2(a).

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Triggering Event means any Section 11(a)(ii) Event or any Section 13 Event.

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Termination Price As defined in Section 9.01.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.