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

  • States are not required to include the academic achievement results from the mathematics or, if given, the reading/language arts content assessments in AYP calculations.

  • 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.


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,
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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, 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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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, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • 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 At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Payment Amount as defined in Section 3.5.

  • 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 2.3.

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

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • 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 2.5.1b).

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) 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 for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • 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 per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

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