Value Threshold definition

Value Threshold means (i) with respect to all ▇▇▇▇▇ water barges, $50,000.00, (ii) with respect to the ▇▇▇ C, twenty percent (20%) of Lessor’s Cost of such Vessel, and (iii) with respect to all other Vessels, ten percent (10%) of Lessor’s Cost of such Vessel.
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Examples of Value Threshold in a sentence

  • For purposes of this Article 6(a), “substantial structural changes or alterations” means any change or alteration which costs more than the Value Threshold for such Vessel and shall not include any steel renewal in respect of any Vessel.

  • Upon and effective as of the completion of a Spin-Off with a Spin-Off Value greater than the Transaction Value Threshold, any and all Market Capitalization Milestones that are unachieved as of immediately before the completion of such Spin-Off will be decreased by the dollar amount equal to the Spin-Off Value of such Spin-Off.

  • Any such inspection shall be at the expense of Owner Participant, except to the extent such inspection is undertaken as a result of an Event of Default or as a result of any damage to a Vessel in excess of the Value Threshold for such Vessel in which case the costs and expenses thereof shall be payable by Charterer pursuant to Article 15 of the Demise Charter.

  • If the Inventory Value is greater than the Inventory Value Threshold Amount, then Buyer shall pay Seller the difference between the Inventory Value and the Inventory Value Threshold Amount.

  • The Sellers shall have received the Independent Valuation that provides for an aggregate value of the Class IV assets and Class V assets of the Sellers of no more than the Asset Value Threshold.

  • For any fiscal quarter ending during the period from the Closing Date to the date upon which the all Purchased Shares have been redeemed, the Company will not permit the Company's Net Tangible Book Value as reported on the face of the Company’s consolidated statement of financial condition filed quarterly with the SEC to be less than 50% of the Net Tangible Book Value Threshold.

  • Accordingly, the Repurchase Price shall be net of any and all outstanding Value Threshold amount (i.e. the difference between the Value Threshold less all Retained Amounts).

  • For example: assuming Company valuation is US $1,000,000, and the Agreed Percentage is 4.99%, then the Target Value Threshold shall be determined as 4.99%* 1,000,000 = US $49,999.

  • The grievance form shall be available from the Principal in each building, and said form shall be signed by the grievant and a representative of the Association.

  • If the Company subsequently distributes an additional $0.50 to each outstanding non-voting Common Share, then the Value Threshold will be further reduced to zero, and the Purchaser will be entitled to participate in any future distributions on the Company’s non-voting Common Shares, as per the terms of the M&A.