Closing Threshold definition

Closing Threshold is defined in Section 5.13(c).
Sample 1
Closing Threshold has the meaning set forth in Section 9.2(a).
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Closing Threshold as defined in Section 6.1.1 (iii).
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Examples of Closing Threshold in a sentence

  • If the Company desires to change the Closing Threshold, it will file a request with the Securities and Exchange Commission (the “SEC”) through a post-effective amendment of the offering statement to which this offering circular forms a part.

  • Once the Closing Threshold is reached, investors receive notice that a Closing will occur within the next 24 hours.

  • Until a Closing Threshold is reached, an investor may modify the amount such investor will invest by changing the amount of CNote Notes the investor elects to purchase.

  • In addition, notwithstanding anything to the contrary in this Agreement, from and after the Closing Threshold Date, the Company shall not make or pay any dividend, distribution or redemption, whether in cash or otherwise.

  • At the Closing, in addition to the Merger Consideration otherwise payable pursuant to Section 2.2, Buyer shall pay interest on the Enterprise Value for the period from and including the Closing Threshold Date to and excluding the Closing Date at a rate per annum equal to the 3-month LIBOR determined as of the Closing Threshold Date.

  • Notwithstanding anything to the contrary in this Agreement, the Net Working Capital, the Net Working Capital Adjustment, Closing Cash (subject to Schedule 7.4(b)) and Closing Indebtedness shall each be determined as of the Closing Threshold Date.

  • As of the end of each fiscal quarter thereafter, Trendwest shall maintain a minimum Consolidated Net Worth equal to the Closing Threshold plus the sum of (i) 75% of Trendwest's positive net income for the period commencing on April 1, 2000 and ending on the day proceeding such fiscal quarter plus (ii) the Dollar amount of net proceeds received by Trendwest from the sale of new common or preferred equity during such period.

  • At December 31, 2000, Trendwest shall maintain a Consolidated Net Worth of at least $186,698,000 ("Closing Threshold").

  • The date of each Closing (a “Closing Date”) shall be specified by Triad to MNW at least seven (7) days in advance of such Closing, but in no event once the Closing Threshold is met with respect to a set of Assets shall the Closing Date thereon be scheduled more than twenty-one (21) days after achieving the Closing Threshold.

  • Notwithstanding the foregoing, each time that Assets with a Purchase Price value approximately equal to the Closing Threshold have satisfied the title and lease review and approval conditions of this Article 2, Triad shall schedule Closing thereon.


More Definitions of Closing Threshold

Closing Threshold means 13.2%.
Sample 1
Closing Threshold has the meaning assigned to such term in Section 6.11(c).
Sample 1
Closing Threshold means $2,160,000.
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Related to Closing Threshold

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

  • 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.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

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

  • 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.

  • 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.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

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

  • Final Closing Cash means the Closing Cash, as finally agreed or determined in accordance with Section 2.3(c).

  • Indemnification Threshold has the meaning set forth in Section 11.5.

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

  • Final Closing Working Capital has the meaning set forth in Section 2.4(e).

  • 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.

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

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

  • Second Closing Date means the date of the Second Closing.

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

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Second Closing has the meaning set forth in Section 2.2.