Threshold Amount definition: Copy, customize, and use instantly
Introduction
The term "Threshold Amount" refers to a specific monetary or numerical value set as a limit in a contract or agreement. It determines when certain actions or conditions are triggered once this limit is reached or exceeded. The Threshold Amount is often used to define financial limits for obligations, fees, or penalties, and helps in structuring contracts or financial agreements.
Below are various examples of how "Threshold Amount" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Threshold Amount" for contract obligations
This definition ties "Threshold Amount" to the trigger for contract obligations.
"Threshold Amount" means the minimum monetary value or quantity required to trigger specific obligations under this Agreement, including but not limited to performance benchmarks, payments, or other conditions.
Definition of "Threshold Amount" for penalty trigger
This definition connects "Threshold Amount" to penalty conditions.
"Threshold Amount" refers to the monetary value or performance threshold that, when exceeded, will trigger penalties or additional fees as outlined in the Agreement.
Definition of "Threshold Amount" for reporting requirements
This definition links "Threshold Amount" to reporting conditions.
"Threshold Amount" means the level of financial activity or other metrics that must be reached before certain reporting obligations are triggered under this Agreement.
Definition of "Threshold Amount" for tax calculations
This definition applies "Threshold Amount" to tax-related contexts.
"Threshold Amount" refers to the financial amount at which specific tax liabilities or obligations are incurred, including limits for tax exemptions or credits.
Definition of "Threshold Amount" for insurance coverage
This definition ties "Threshold Amount" to insurance claims.
"Threshold Amount" means the specified minimum amount for insurance coverage, below which claims may not be covered or payouts may be reduced.
Definition of "Threshold Amount" for loan agreements
This definition links "Threshold Amount" to loan terms.
"Threshold Amount" refers to the amount of debt or loan balance that must be exceeded for certain provisions to be triggered, such as additional interest rates or changes in repayment terms.
Definition of "Threshold Amount" for interest rate changes
This definition connects "Threshold Amount" to financial terms in agreements.
"Threshold Amount" means the level of debt, revenue, or other financial metric that, when surpassed, triggers an adjustment in the interest rate or other financial terms under this Agreement.
Definition of "Threshold Amount" for performance criteria
This definition links "Threshold Amount" to performance-related thresholds.
"Threshold Amount" refers to the minimum performance or outcome level required to satisfy specific conditions or to trigger bonuses, incentives, or other rewards in this Agreement.
Definition of "Threshold Amount" for credit limits
This definition ties "Threshold Amount" to credit conditions.
"Threshold Amount" means the specific amount of credit or debt limit beyond which additional credit approval, review, or conditions apply as stipulated in the credit agreement.
Definition of "Threshold Amount" for financial triggers
This definition connects "Threshold Amount" to financial triggers in an agreement.
"Threshold Amount" refers to the monetary value at which specific conditions are triggered, such as changes in credit terms, penalties, or other contractual obligations.
Definition of "Threshold Amount" for expenditure controls
This definition ties "Threshold Amount" to budgetary controls.
"Threshold Amount" means the limit on expenditures beyond which additional approval or reporting is required, as specified in the financial controls or budgetary guidelines.
Definition of "Threshold Amount" for breach of contract
This definition links "Threshold Amount" to breach conditions.
"Threshold Amount" refers to the specific amount or limit at which a breach of contract occurs, triggering remedies, penalties, or other consequences under the Agreement.
Definition of "Threshold Amount" for investment conditions
This definition applies "Threshold Amount" to investment criteria.
"Threshold Amount" means the amount of investment, revenue, or financial value that, once reached, triggers specific rights or obligations, such as additional investment rounds or investor notifications.
Definition of "Threshold Amount" for merger or acquisition terms
This definition connects "Threshold Amount" to merger or acquisition agreements.
"Threshold Amount" refers to the financial value or asset size at which specific conditions are triggered in a merger or acquisition, such as adjustments to the purchase price or payment terms.
Definition of "Threshold Amount" for licensing fees
This definition ties "Threshold Amount" to licensing conditions.
"Threshold Amount" means the minimum amount of revenue, sales, or other metrics that, once exceeded, trigger additional licensing fees or adjustments to existing terms.
Definition of "Threshold Amount" for employee benefits
This definition connects "Threshold Amount" to employee compensation terms.
"Threshold Amount" refers to the minimum earnings or work hours required to qualify for specific employee benefits, such as bonuses, insurance coverage, or retirement contributions.
Definition of "Threshold Amount" for environmental compliance
This definition links "Threshold Amount" to environmental conditions.
"Threshold Amount" means the level of emissions, waste, or other environmental factors that must not exceed a specific limit as defined in the environmental compliance provisions of this Agreement.
Definition of "Threshold Amount" for grant eligibility
This definition applies "Threshold Amount" to grant-related terms.
"Threshold Amount" refers to the minimum financial criteria or performance level necessary to qualify for grant funding, eligibility, or other financial assistance under this Agreement.
Definition of "Threshold Amount" for liquidated damages
This definition connects "Threshold Amount" to liquidated damages clauses.
"Threshold Amount" refers to the financial limit at which liquidated damages or other pre-agreed penalties become applicable due to breach of contract or failure to meet specified conditions.
Definition of "Threshold Amount" for change of control provisions
This definition ties "Threshold Amount" to corporate control changes.
"Threshold Amount" means the amount of equity, assets, or financial value at which a change in control provision, such as a buyout or rights transfer, is triggered under this Agreement.
Definition of "Threshold Amount" for salary adjustments
This definition links "Threshold Amount" to employee compensation adjustments.
"Threshold Amount" refers to the minimum salary or income threshold at which specific salary adjustments, bonuses, or benefit enhancements are applied.
Definition of "Threshold Amount" for reimbursement policies
This definition connects "Threshold Amount" to expense reimbursement.
"Threshold Amount" means the limit at which employees or contractors are entitled to reimbursement for business-related expenses, either partially or fully, as outlined in the policy.
Definition of "Threshold Amount" for tax withholding
This definition ties "Threshold Amount" to withholding obligations.
"Threshold Amount" refers to the minimum income or financial amount at which tax withholding or deductions are required under the tax laws or this Agreement.
Definition of "Threshold Amount" for equity distribution
This definition applies "Threshold Amount" to equity distribution terms.
"Threshold Amount" means the level of company ownership, revenue, or asset value that, when reached, triggers the distribution of equity or stock options to stakeholders.
Definition of "Threshold Amount" for royalty payments
This definition connects "Threshold Amount" to royalty terms.
"Threshold Amount" refers to the minimum amount of sales, revenue, or other metric that triggers royalty payments, as stipulated in a licensing or royalty agreement.
Definition of "Threshold Amount" for discount eligibility
This definition links "Threshold Amount" to discount terms.
"Threshold Amount" means the spending amount or order size that qualifies a customer for specific discounts, rebates, or other pricing incentives.
Definition of "Threshold Amount" for compliance monitoring
This definition ties "Threshold Amount" to monitoring activities.
"Threshold Amount" refers to the level of compliance metrics, such as quality standards, production levels, or safety benchmarks, that must be maintained for continued compliance under the Agreement.
Definition of "Threshold Amount" for audit triggers
This definition connects "Threshold Amount" to audit conditions.
"Threshold Amount" refers to the financial threshold at which an audit is required, including requirements for reporting or internal controls in accordance with this Agreement.
Definition of "Threshold Amount" for force majeure events
This definition applies "Threshold Amount" to force majeure events.
"Threshold Amount" means the minimum damage, loss, or disruption level caused by a force majeure event, at which specific provisions or exceptions apply under this Agreement.
Definition of "Threshold Amount" for contribution limits
This definition ties "Threshold Amount" to contribution terms.
"Threshold Amount" refers to the maximum or minimum contribution amount for specific plans, funds, or investments, beyond which further contributions may be subject to different terms or conditions.
Definition of "Threshold Amount" for credit risk assessment
This definition connects "Threshold Amount" to financial risk evaluations.
"Threshold Amount" means the level of credit exposure or outstanding liabilities at which a more stringent credit risk assessment is required under this Agreement.
Definition of "Threshold Amount" for dispute resolution
This definition links "Threshold Amount" to dispute resolution criteria.
"Threshold Amount" refers to the minimum value of a dispute or claim that qualifies for specific dispute resolution mechanisms or thresholds under the Agreement.
Definition of "Threshold Amount" for account balances
This definition ties "Threshold Amount" to financial account conditions.
"Threshold Amount" refers to the minimum balance in an account at which fees, interest rates, or other account terms are adjusted or applied under the account agreement.
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