Acceleration Trigger means a situation whereby the daily volume weighted average closing price of the Common Shares on the CSE (or such other exchange on which the Common Shares may trade) is at a price equal to or greater than the Acceleration Threshold Price for a period of 20 consecutive trading days following the date of issuance of the Warrants;

Acceleration Trigger has the meaning assigned to such term in Section 1.01 of the Indenture.

Examples of Acceleration Trigger in a sentence

The Company confirmed that as of the close of markets on May 25, 2020, the Acceleration Trigger had occurred.
The Company will also adjust the Indicative Value Optional Acceleration Trigger accordingly.
The expiration of all warrants will be accelerated to 30 days if the share price reaches or exceeds $0.08 for ten consecutive trading days (“Acceleration Trigger”), with such 30-day period starting seven-days after the Acceleration Trigger.
Any definitive agreement relating to an Acceleration Trigger Event involving the payment of Deal Consideration to which the General Partner or the Partnership is a party shall provide for the delivery of Deal Consideration in satisfaction of the Partnership’s obligations under this Section 8.01(g).
If the closing price of the Horn Shares on the Exchange is greater than $2.00 for a period of 30 consecutive trading days, then on the date that is the 30th consecutive trading date (the “Acceleration Trigger Date”) the expiry of the Warrant shall be accelerated to that date that is 20 business days after the Acceleration Trigger Date.

More Definitions of Acceleration Trigger

Acceleration Trigger means the occurrence of an Event of Default and the acceleration of the Senior Notes in accordance with Section 9.01.

Acceleration Trigger means a situation whereby the daily volume weighted average trading price of the Common Shares on the NEO (or such other recognized stock exchange on which the Common Shares may trade) is at a price greater than the Acceleration Threshold Price for the preceding 10 consecutive trading days following the date of issuance of the Warrants;

Acceleration Trigger means the occurrence of an Event of Default under the Indenture and the acceleration of the Limestone Notes as a result thereof.

Acceleration Trigger has the meaning given to that term in the second paragraph of this Agreement;

Acceleration Trigger in section 1.1 of the Indenture in its entirety.

Acceleration Trigger means (1) a termination of Executive by the Company without Cause (as defined in Section 7 of this Agreement) other than as a result of Executive’s death or Disability, or (2) a resignation by Executive for Good Reason (as defined in Section 7 of this Agreement);

Acceleration Trigger means a situation whereby, at any time after three (3) years following the Closing Date, the closing price of the Common Shares on the TSXV (or such other exchange on which the Common Shares may principally trade at such time) is at a price greater than the Acceleration Threshold Price for a period of 20 consecutive Trading Days;