Ten Percent Threshold Sample Clauses
The Ten Percent Threshold clause establishes a specific quantitative limit, typically set at ten percent, which triggers certain rights or obligations when exceeded. In practice, this clause might apply to changes in contract value, project costs, or shareholdings, such that if the relevant figure increases or decreases by more than ten percent, additional actions like renegotiation, notification, or approval are required. Its core function is to provide a clear benchmark for materiality, ensuring that only significant changes prompt further review or intervention, thereby reducing unnecessary administrative burden and focusing attention on substantial deviations.
Ten Percent Threshold. OWW agrees that, during any period in which the members of the Travelport Affiliated Group beneficially own, in the aggregate, Voting Stock entitled to ten percent (10%) but less than twenty (20%) of the votes entitled to be cast by the then outstanding Voting Stock, OWW shall:
(a) furnish to Travelport as soon as publicly available, copies of all financial statements, reports, notices and proxy statements sent by OWW in a general mailing to all its shareholders, of all reports on Forms 10-K, 10-Q and 8-K, and of all final prospectuses filed pursuant to Rule 424 under the Securities Act; and
(b) permit Travelport to visit and inspect any of the properties, corporate books, and financial and other records of the member of the OWW Affiliated Group, and to discuss the affairs, finances and accounts of any such member of the OWW Affiliated Group with the officers of OWW and the OWW Auditors, all at such times and as often as Travelport may reasonably request; provided, that Travelport enters into an agreement with OWW to maintain the confidentiality of the information specified in this Section 4.1(b).
Ten Percent Threshold. If GE directly or indirectly beneficially owns at least ten percent (10%) of the outstanding AerCap Shares, the following covenant shall apply:
Ten Percent Threshold. If AIG directly or indirectly beneficially owns at least ten percent (10%) of the outstanding AerCap Shares, the following covenants shall apply:
Ten Percent Threshold. If AIG directly or indirectly beneficially owns at least ten percent (10%) of the outstanding AerCap Shares, the following covenants shall apply:
(a) AerCap Public Information. AerCap shall deliver to AIG reasonably in advance of filing copies of (i) all financial statements, reports, notices and proxy statements sent by AerCap in a general mailing to all of its stockholders, (ii) annual reports and (iii) final prospectuses filed.
Ten Percent Threshold. If GE directly or indirectly beneficially owns at least ten percent (10%) of the outstanding AerCap Shares, the following covenant shall apply:
(a) AerCap Public Information. AerCap shall deliver to GE reasonably in advance of filing copies of (i) all financial statements, reports, notices and proxy statements sent by AerCap in a general mailing to all of its shareholders, (ii) annual reports and (iii) final prospectuses filed.
Ten Percent Threshold. The Company agrees that, during any period in which Cognizant beneficially owns at least 10 percent of the voting power of the outstanding Common Stock, the Company shall:
(a) furnish to Cognizant as soon as practicable after they are publicly available, copies of all financial statements, reports, notices and proxy statements sent by the Company in a general mailing to all its stockholders, of all reports on Forms 10-K, 10-Q and 8-K, and of all final prospectuses filed pursuant to Rule 424 under the Securities Act except with respect to the IPO; and
(b) permit Cognizant to visit and inspect any of the properties, corporate books, and financial and other records of the Company and its subsidiaries, and to discuss the affairs, finances and accounts of any such corporations with the officers of the Company and the Company Auditors, all at such time as often as Cognizant may reasonably request; provided, however, that the foregoing shall be conducted (i) during regular business hours and (ii) in such manner as will not interfere with the conduct of business of the Company or any subsidiary in the ordinary course.
Ten Percent Threshold. NFS agrees that, during any --------------------- period in which NWC owns, in the aggregate, at least 10 percent of the voting power of the Outstanding Voting Stock, NFS shall:
(a) furnish to Nationwide as soon as practicable after they are publicly available, copies of all financial statements, reports, notices and proxy statements sent by NFS in a general mailing to all its shareholders, of all reports on Forms 10-K, 10-Q and 8-K, and of all final prospectuses filed pursuant to Rule 424 under the Securities Act except with respect to the Initial Public Offering and the Fixed Income Offerings; and
(b) permit Nationwide to visit and inspect any of the properties, corporate books, and financial and other records of NFS and its Subsidiaries, and to discuss the affairs, finances and accounts of any such corporations with the officers of NFS and the NFS Auditors, all at such time as often as Nationwide may reasonably request; provided, however, that the foregoing shall be conducted (i) during -------- ------- regular business hours and (ii) in such manner as will not interfere with the conduct of business of NFS or any Subsidiary in the ordinary course.
Ten Percent Threshold. AFG agrees that, during any --------------------- period in which the members of the PLMI Affiliated Group own, in the aggregate, at least 10% but less than 20% of the voting power of the Outstanding Common Stock, AFG shall:
(a) furnish to PLMI as soon as publicly available, copies of all financial statements, reports, notices and proxy statements sent by AFG in a general mailing to all its stockholders, of all reports on Forms 10-K, 10-Q and 8-K, and of all final Prospectuses filed pursuant to Rule 424 under the Securities Act; and
(b) permit PLMI to visit and inspect any of the properties, corporate books, and financial and other records of AFG and its Subsidiaries, and to discuss the affairs, finances and accounts of any such corporations with the officers of AFG and the AFG Auditors, all at such times and as often as PLMI may reasonably request.