Threshold Criteria Sample Clauses

The Threshold Criteria clause sets minimum standards or requirements that must be met before certain obligations, rights, or actions under a contract become effective. Typically, this clause outlines specific quantitative or qualitative benchmarks—such as financial metrics, performance levels, or compliance with regulations—that a party must satisfy. For example, a supplier may need to achieve a minimum production capacity or a buyer may need to demonstrate creditworthiness before a contract proceeds. The core function of this clause is to ensure that only parties who meet predefined standards can trigger or benefit from particular contractual provisions, thereby managing risk and ensuring reliability in contractual relationships.
Threshold Criteria. If the Threshold Criteria have not been met in their entirety for an Applicable Stablecoin by the Reseller Party, and the Parties do not reach mutual agreement with respect to renewal of this Agreement upon the expiration of the then-current Term with respect to such Applicable Stablecoin, then Sections 3.2(c), 3.2(d) and 3.4 shall apply. For the avoidance of doubt, if the Threshold Criteria have not been met in their entirety for an Applicable Stablecoin by the Issuer Party with respect to such Applicable Stablecoin, any termination of this Agreement with respect to such Applicable Stablecoin upon expiration of the then-current Term will be at the Reseller Party’s election in its sole discretion.
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Threshold Criteria a. Any Discretionary or Municipal grant that is awarded by The Pokagon Fund must further at least one of the purposes for which the Fund was established. These purposes include charitable, scientific, literary, or educational purposes; fostering amateur sports competition; promoting community education; lessening the burdens of government; promoting conservation and environmental protection; combating community deterioration; promoting community beautification and preservation; charitable or educational programs benefiting seniors, children and schools; student scholarships; compulsive treatment programs; charitable local economic development projects; and the erection or maintenance of public buildings, monuments, or works; or other charitable activities as the Board deems appropriate. b. Any grant awarded by the Fund must benefit the Service Area or its residents. The Applicant must demonstrate this through the application process. c. The applicant organization must have completed all requirements of previous grants to TPF’s satisfaction. An organization may have two or more active grants at one time, but the Fund may require and interim report on the status of any current grant while considering an application for another.
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Threshold Criteria a. Be protective of human health and the environment. b. Attain media cleanup objectives. c. Control the source(s) of releases. d. Comply with applicable standards for management of wastes.
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Threshold Criteria. The Vice President of Human Resources shall certify that the candidate meets the "eligibility" criteria cited in "A" above.
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Threshold Criteria. Projects or proposals which are to be considered for G&E leave should contribute significantly to revitalizing and improving the faculty member’s performance at the College. In choosing among those proposals meeting the threshold criteria above, the committee will consider the following factors: 1) length of time since any previous professional leave;
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Threshold Criteria. Under the terms of Executive Order 13016, a Federal Resource Manager may exercise Section 106 authority to require the performance of response actions where the following threshold criteria have been met: 1. There has been a release or threatened release of a hazardous substance affecting either: a) natural resources under the Federal Resource Manager's trusteeship; or b) a vessel or facility subject to the Federal Resource Manager's jurisdiction, custody, or control; 2. Neither EPA nor the Coast Guard has lead responsibility for the conduct or oversight of a response action at the facility, as determined in accordance with Section IV, below; 3. The Federal Resource Manager receives concurrence from either EPA or the Coast Guard, as appropriate. In addition to these threshold criteria, the signatories recognize that certain further limitations that are not required by the terms of EO 13016 should be adhered to in the exercise of discretion: 4. Federal Resource Managers that share concurrent jurisdiction agree to select a lead Federal Resource Manager to exercise 106 authority with respect to the same release or natural resource; 5. Federal Resource Managers that may be potentially liable parties at a vessel or facility will exercise Section 106 authority in accordance with the limitations set forth in Section V, below; 6. At facilities where a state, local, or tribal agency has proposed, approved, or is performing a response action, the Federal Resource Managers shall make best efforts, consistent with their responsibility for protection of public health and welfare and the environment, to work in a coordinated manner with the non federal agency to ensure that their authorities and resources are used in a complementary, efficient, and non-duplicative manner. 7. Where the Federal Resource Manager's action is unilateral, the Federal Resource Manager's exercise of Section 106 authority to compel the performance of a response action is limited to those circumstances where the release or threatened release may present an imminent and substantial endangerment to the public health or welfare or the environment.
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Related to Threshold Criteria

  • Evaluation Criteria 5.2.1. The responses will be evaluated based on the following: (edit evaluation criteria below as appropriate for your project)

  • Threshold Neither the Seller nor the Purchaser shall be required to make any indemnification payment pursuant to Section 8.1 or 8.2, respectively, until such time as the total amount of all Damages that have been directly or indirectly suffered or incurred by an Indemnified Party, or to which an Indemnified Party has or otherwise becomes subject to, exceeds $50,000 in the aggregate. At such time as the total amount of such Damages exceeds $50,000 in the aggregate, the Indemnified Party shall be entitled to be indemnified against the full amount of such Damages (and not merely the portion of such Damages exceeding $50,000).

  • Criteria (1) Annual Evaluation Criteria. All performance evaluations shall be based upon assigned duties, and shall carefully consider the nature of the assignment in terms, where applicable, of: a. Teaching effectiveness, including effectiveness in presenting knowledge, information, and ideas by means or methods such as lecture, discussion, assignment and recitation, demonstration, laboratory exercise, practical experience, supervision of interns, theses, professional projects and/or dissertations, and direct consultation with students. The evaluation shall include consideration of effectiveness in imparting knowledge and skills, and effectiveness in stimulating students' critical thinking and/or creative abilities, the development or revision of curriculum and course structure, and adherence to accepted standards of professional behavior in meeting responsibilities to students. The evaluator may take into account class notes, syllabi, student exams and assignments, and any other materials relevant to the employee's teaching assignment. The teaching evaluation must take into account any relevant materials submitted by the employee, including the results of peer evaluations of teaching, and may not be based solely on student evaluations when this additional information has been made available to the evaluator. b. Contribution to the discovery of new knowledge, development of new educational techniques, and other forms of creative activity. Evidence of research and other creative activity shall include, but not be limited to, published books; articles and papers in professional journals; musical compositions, paintings, sculpture; works of performing art; papers presented at meetings of professional societies; funded grant activities; and research and creative accomplishments that have not yet resulted in publication, display, or performance. The evaluation shall include consideration of the employee's productivity, including the quality and quantity of the employee's research and other creative programs and contributions during the year, as well as recognition by the academic or professional community of what has been done. c. Public service that extends professional or discipline-related contributions to the community, the State, public schools, and/or the national and international community. This public service includes contributions to scholarly and professional organizations, governmental boards, agencies, and commissions that are beneficial to such groups and individuals. d. Participation in the governance processes of the University through significant service on committees, councils, and senates, beyond that associated with the expected responsibility to participate in the governance of the University through participation in regular departmental or college meetings. e. Other assigned University duties, such as attending University events, advising, counseling, and academic administration, or as described in a Position Description, if any, of the position held by the employee. Other assigned duties may include entrepreneurial activities that contribute to the further development of the University with an end result of creating a new venture. Evidence of entrepreneurial contributions shall include, but not be limited to, creation of self- supporting centers or institutes, development of multi- disciplinary research partnerships, and applications of research to implementations in society. To provide guidelines for the establishment, maintenance and use of employee evaluation files within the employee’s respective academic unit.

  • Selection Criteria Each Contract is secured by a new or used Motorcycle. No Contract has a Contract Rate less than 1.00%. Each Contract amortizes the amount financed over an original term no greater than 84 months (excluding periods of deferral of first payment). Each Contract has a Principal Balance of at least $500.00 as of the Cutoff Date.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.