Examples of First Threshold Amount in a sentence
The First Threshold Amount and Second Threshold Amount shall be equitably adjusted, as determined by the Board, for stock splits, stock dividends, extraordinary dividends, reorganizations, combinations, recapitalizations and similar transactions affecting the Common Shares after the Closing.
If the Maximum VFN Principal Balance has not been reduced to or below the First Threshold Amount by the First Threshold Date, the Seller shall pay to Natixis a First Threshold Termination Fee on any date after the First Threshold Date on which the Maximum VFN Principal Balance is first reduced to or below the First Threshold Amount.
The Special Baseline Bonus shall vest and become payable to Employee, subject to Employee’s continued employment by the Company or any of its Subsidiaries through the consummation of a Termination Event, if, upon the consummation of such Termination Event, the Total Equity Return as of the date of such Termination Event is equal to or greater than the First Threshold Amount.
If the Maximum VFN Principal Balance has not been reduced to or below the First Threshold Amount by the First Threshold Date, the Seller shall pay to Credit Suisse a First Threshold Termination Fee on any date after the First Threshold Date on which the Maximum VFN Principal Balance is first reduced to or below the First Threshold Amount.
At such time as the aggregate Losses equals or exceeds the First Threshold Amount, QuadraMed and Acquisition Co. shall be indemnified to the full extent of all such Losses (including Losses counted in determining whether the aggregate Losses equals or exceeds the Threshold Amount).
For the avoidance of doubt, the Special Baseline Bonus shall not vest and become payable, and Employee shall have no rights with respect thereto, if the Total Equity Return as of the consummation of a Termination Event is not equal to or greater than the First Threshold Amount and any portion of the Special Baseline Bonus that does not vest and become payable in connection with the consummation of a Termination Event shall be forfeited.