Board Threshold definition

Board Threshold shall have the meaning set forth in Section 4.1.
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Board Threshold has the meaning set forth in Section 3.3(a).
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Board Threshold has the meaning specified in Section 7.01(a).
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Examples of Board Threshold in a sentence

  • Any Purchaser Designee appointed or nominated to the Board of Directors pursuant to this Section 5.6 shall, subject to the Board Threshold, continue to hold office until such Purchaser Designee’s term expires, subject, however, to prior death, resignation, replacement, retirement, disqualification or termination of term of office.

  • Professional development for new staff on curriculum and standards will be on August 23rd.

  • Each Investor Director appointed pursuant to this Section 4.1 shall, subject to the Board Threshold, continue to hold office until such Investor Director’s term expires, subject, however, to prior death, resignation, retirement, disqualification or termination of term of office as provided in Section 4.4.

  • Such purchases will count towards the State Agency’s Controlling Board Threshold explained in section 2.4 of this policy.

  • Subject to the Board Threshold, one Investor representative shall be seated on the Patni board of directors and an additional Investor representative shall serve as an observer (in each case, from and after the date that the Company obtains the ability to nominate any directors to the Patni board of directors) and shall have representation on committees of the Patni board of directors until Patni becomes a wholly owned Subsidiary of the Company.

  • Subject to the Board Threshold, at each meeting of the Company’s stockholders at which the election of directors is to be considered, the Company shall nominate the Investor Director(s) designated by the Majority Sponsor Investors for election to the Board by the holders of Voting Stock and solicit proxies from the Company’s stockholders in favor of the election of Investor Directors.

  • Threshold, target and maximum LTI opportunities expressed as a percentage of base salary are as follows: LTI description Management Board Threshold LTI Target LTI as % of base salary Maximum LTI as % of basesalaryCEO 50% 125% 250%Other Statutory Directors 50% 125% 187.5% At the start of each year performance shares are conditionally awarded at the target level of base salary.

  • Subject to the Board Threshold, in addition to any observer designated pursuant to Section 4.5 above, the Majority Sponsor Investors shall at all times have the right to designate one non-voting observer to attend Board meetings as an observer.

  • The Company and the Board agree to take such actions reasonably necessary to appoint such individual to the Board as soon as practicable following the Transfer Agreement closing or Board Threshold Date, as applicable (subject to compliance with all applicable Laws and Exchange Regulations, including the requirement that the Board be comprised of a majority of independent directors).

  • The levels of need set out in the Slough Local Safeguarding Children’s Board Threshold Document, should be used by ALL agencies and practitioners to identify needs and risks.


More Definitions of Board Threshold

Board Threshold means $100,000 or such other amount as approved by a Shareholders Special Resolution.
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Related to Board Threshold

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Threshold Percentage means 15%.

  • Relative Total Shareholder Return means for the Incentive Period the Total Shareholder Return of the Company compared to the Total Shareholder Return of the Peer Group, as more particularly set forth on attached Exhibit C.

  • Total Stockholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Parent Closing Price means the volume weighted average closing trading price of a share of Parent Common Stock on Nasdaq for the five consecutive trading days ending five trading days immediately prior to the date upon which the Merger becomes effective.

  • Threshold means with respect to Party B: infinity.

  • Common Stock Price means, with respect to the Company and each of the Peer Companies, as of a particular date, the average of the Fair Market Value over the 15 consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price of a share of common stock as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Threshold Price is the lowest price (except to the extent otherwise provided in Section 2.6) at which the Company may sell Shares during the applicable Pricing Period as set forth in a Fixed Request Notice (not taking into account the applicable percentage discount during such Pricing Period determined in accordance with Section 2.2); provided, however, that at no time shall the Threshold Price be lower than $3.00 per share unless the Company and the Investor mutually shall agree.