Major Issue definition

Major Issue means a question or decision which, alone or in the aggregate with related questions or decisions, would have or would reasonably be expected to have a financial impact of more than $1,000,000 on the operations, finances, capitalization or strategic direction of Holding Company or any of its Subsidiaries, other than as set forth in any plan of operation or annual budget or business plan which has been approved by the board of directors of Holding Company.
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Major Issue shall be settled by arbitration in accordance with the Rules of the American Arbitration Association (the "AAA Rules") and the Federal Arbitration Act. The determination of the arbitrator shall be expedited to the fullest extent possible, consistent with the AAA Rules, and such determination shall be deemed final. In the event arbitration is invoked as provided herein, the time periods set forth below for the conduct of the Auction shall not begin to run until after the arbitrator's decision is received by the parties.
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Major Issue shall have the meaning set forth in Section ‎7.1.4.
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Examples of Major Issue in a sentence

  • Hunter, Compulsory Licensing: A Major Issue in International Business Today?, 11 EUR.

  • This software would be used by the current Economist as well as the new Economist recommended in Major Issue 2.

  • Decision Unit E-904 is contingent upon the approval of subsection “d” in Major Issue 1.

  • Mixed Waste: A Major Issue in Biomedical Research (a video film).

  • Additionally, the Governor recommends transferring the recommended funding to the new Grants Office budget, as discussed in Major Issue 1 (E-901).

  • Additionally, the Governor recommends transferring the recommended funding to the new DOA Director’s Office, as discussed in Major Issue 1 (E-904).

  • The agency indicates that 2 desktop computers can be removed if Major Issue 1 (E-600) is approved, as the replacements were for positions recommended for elimination.

  • Major Issue #2 Description of the Issue: The Board believes that Section 501.004(a)(1) of the Psychologists’ Licensing Act should be amended so that it does not restrict on its face the category of licensees eligible for exemption to only psychologists and psychological associates.

  • The total funding requested includes replacement equipment described in Major Issue 1 for CAS and ATAP.

  • Summary of major gaps and/or issues highlighted in the literature reviewSection Sub Heading Major Issue or Gap3.0. Review Proposition A– Naming the Practice4.0. Review Proposition B- Role of PractitionersThere are a range of terms to describe the work of the professional.There are no consistent definitions of the roles or specialisations within the Communication/PR industry.


More Definitions of Major Issue

Major Issue which means any of the following conditions: (A) a history of fire or flood exposure or damage; (B) the vehicle will not start; (C) structural damage (or the structure of the vehicle has been altered or repaired); (D) modified or aftermarket (i.e., non‐OEM) suspension (or a suspension that requires repair); (E) TMU (“true miles (kilometers) unknown” or “not actual miles (kilometers)” or for which the true odometer reading is unknown); (F) existing damage caused by collision to three or more panels; (G) at least one exterior body panel is missing; (H) a suspected major engine, transmission or drivetrain problem (e.g., engine is knocking or vehicle will not move); (I) modified or aftermarket (i.e., non‐OEM) exhaust or emission system; or (J) for electric and hybrid vehicles only, a suspected issue with the battery that powers the propulsion of the vehicle (e.g., an abnormal charge capacity reading).
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Major Issue means a major issue with performance and enterprise-wide effects involving unavailability of a feature or significant degrading of performance.
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Major Issue shall have the meaning set forth in Article III "PERMITS" shall have the meaning set forth in Article I(F.) "PERMITTED EXCEPTIONS" shall have the meaning set forth in Article IV "PERSONAL PROPERTY" shall have the meaning set forth in Article I(C.) "PROPERTY" shall have the meaning set forth in Article I. "PROPERTY INFORMATION" shall have the meaning set forth in Article III "PURCHASE MONEY NOTE" shall have the meaning set forth in Article II "PURCHASER'S NOTICE" shall have the meaning set forth in Article III(D.) "PURCHASER'S REPORTS" shall have the meaning set forth in Article III(C.) "PURCHASER'S REPRESENTATIVES" shall have the meaning set forth in Article XXV "REACQUISITION PARCELS" shall have the meaning set forth in Article II "REAL PROPERTY" shall have the meaning set forth in Article I(B.) "SELLER'S CLOSING CERTIFICATE" shall have the meaning set forth in Article VI "SELLER'S LEASE" shall have the meaning set forth in Recital C "SELLER'S REPRESENTATIVES" shall have the meaning set forth in Article XXIV "SERVICE AGREEMENTS" shall have the meaning set forth in Article III(C.) "SPECIAL WARRANTY DEED" shall have the meaning set forth in Article IV "TENANT" shall have the meaning set forth in Recital C "TITLE COMMITMENT" shall have the meaning set forth in Article III(B.) "TITLE COMPANY" shall have the meaning set forth in Article II "TITLE REVIEW PERIOD" shall have the meaning set forth in Article IV "TITLE DEFECTS" shall have the meaning set forth in Article IV "TITLE DOCUMENTS" shall have the meaning set forth in Article III(B.) "TITLE POLICY" shall have the meaning set forth in Article IX(B.) "WARRANTY MODIFICATIONS" shall have the meaning set forth in Article VI(A.)
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Major Issue means any Issue in which the Service is significantly impaired and unavailable from multiple ISPs (e.g., a situation where one or more of the customer’s websites are inaccessible to End Users in multiple geographies).
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Major Issue means any issue that affects the functionality of the Software Products but does not cause severe disruption to the Customer's operations.
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Related to Major Issue

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Current Per Share Market Price of any security (a "Security" for purposes of this definition), for all computations other than those made pursuant to Section 11(a)(iii) hereof, shall mean the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days immediately prior to such date, and for purposes of computations made pursuant to Section 11(a)(iii) hereof, the Current Per Share Market Price of any Security on any date shall be deemed to be the average of the daily closing prices per share of such Security for the ten (10) consecutive Trading Days immediately prior to such date; provided, however, that in the event that the Current Per Share Market Price of the Security is determined during a period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of the applicable thirty (30) Trading Day or ten (10) Trading Day period, after the ex-dividend date for such dividend or distribution, or the record date for such subdivision, combination or reclassification, then, and in each such case, the Current Per Share Market Price shall be appropriately adjusted to reflect the current market price per share equivalent of such Security. The closing price for each day shall be the last sale price, regular way, or, in case no such sale takes place on such day, the average of the closing bid and asked prices, regular way, in either case as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on the New York Stock Exchange or, if the Security is not listed or admitted to trading on the New York Stock Exchange, as reported in the principal consolidated transaction reporting system with respect to securities listed on the principal national securities exchange on which the Security is listed or admitted to trading or, if the Security is not listed or admitted to trading on any national securities exchange, the last sale price or, if such last sale price is not reported, the average of the high bid and low asked prices in the over-the-counter market, as reported by Nasdaq or such other system then in use, or, if on any such date the Security is not quoted by any such organization, the average of the closing bid and asked prices as furnished by a professional market maker making a market in the Security selected by the Board of Directors of the Company. If on any such date no market maker is making a market in the Security, the fair value of such shares on such date as determined in good faith by the Board of Directors of the Company shall be used. If the Preferred Shares are not publicly traded, the Current Per Share Market Price of the Preferred Shares shall be conclusively deemed to be (x) the Current Per Share Market Price of the Common Shares as determined pursuant to this Section 1(j), as appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof, multiplied by (y) 1,000. If the Security is not publicly held or so listed or traded, Current Per Share Market Price shall mean the fair value per share as determined in good faith by the Board of Directors of the Company, whose determination shall be described in a statement filed with the Rights Agent and shall be conclusive for all purposes.

  • Merger price per share means, in the case of a merger, consolidation, sale, exchange or other disposition of assets that results in a Change of Control or going private transaction (a “Merger”), the greater of (i) the fixed or formula price for the acquisition of shares of common stock occurring pursuant to the Merger, and (ii) the highest fair market value per share of common stock during the ninety-day period ending on the date of such Change of Control or going private transaction. Any securities or property which are part or all of the consideration paid for shares of common stock pursuant to the Merger shall be valued in determining the merger price per share at the higher of (A) the valuation placed on such securities or property by the Company, person or other entity which is a party with the Company to the Merger, or (B) the valuation placed on such securities or property by the Committee.

  • Initial Forward Price [⚫]% of the volume weighted average price at which the Shares are sold through the Agent acting as forward seller for Dealer pursuant to the Equity Distribution Agreement (assuming that the Agent sold such Shares in a commercially reasonable manner that reflects prevailing market prices) during the period from and including the Trade Date through and including the Hedge Completion Date, adjusted by the Calculation Agent in a commercially reasonable manner to (x) reflect on each day during such period the sum of 1 and the Daily Rate for such day multiplied by the then-Initial Forward Price as of such day and (y) reduce the then-Initial Forward Price by the relevant Forward Price Reduction Amount on each Forward Price Reduction Date occurring on or before the Hedge Completion Date. Forward Price: (a) On the Hedge Completion Date, the Initial Forward Price; and

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Major source means any stationary source (or any group of stationary sources that are located on one or more contiguous or adjacent properties, and are under common control of the same person [or persons under common control]) belonging to a single major industrial grouping and that are described in subsection (A), (B), or (C) of this definition. For the purposes of defining “major source,” a stationary source or group of stationary sources shall be considered part of a single industrial grouping if all of the pollutant emitting activities at such source or group of sources on contiguous or adjacent properties belong to the same Major Group (i.e., all have the same two-digit code) as described in the Standard Industrial Classification Manual, 1987.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Share Price means any price of the Share as published by the Exchange.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Exchange Amount means either the Cash Amount or the REIT Shares Amount, as selected by the General Partner in its sole and absolute discretion pursuant to Section 8.5(b) hereof.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Merger Event means any (i) reclassification or change of the Shares that results in a transfer of or an irrevocable commitment to transfer all of such Shares outstanding to another entity or person, (ii) consolidation, amalgamation, merger or binding share exchange of the Share Company with or into another entity or person (other than a consolidation, amalgamation, merger or binding share exchange in which such Share Company is the continuing entity and which does not result in a reclassification or change of all of such Shares outstanding), (iii) takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person to purchase or otherwise obtain 100 per cent. of the outstanding Shares of the Share Company that results in a transfer of or an irrevocable commitment to transfer all such Shares (other than such Shares owned or controlled by such other entity or person), or (iv) consolidation, amalgamation, merger or binding share exchange of the Share Company or its subsidiaries with or into another entity in which the Share Company is the continuing entity and which does not result in a reclassification or change of all such Shares outstanding but results in the outstanding Shares (other than Shares owned or controlled by such other entity) immediately prior to such event collectively representing less than 50 per cent. of the outstanding Shares immediately following such event, in each case if the Merger Date is on or before the Valuation Date.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Company Convertible Securities means, collectively, any options, warrants or rights to subscribe for or purchase any capital stock of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital stock of the Company.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for shares of Common Stock.

  • fish aggregating device means any man-made or partly man-made floating or semi-submerged device, whether anchored or not, intended for the purpose of aggregating fish, and includes any natural floating object on which a device has been placed to facilitate its location;

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Forward Price On the Effective Date, the Initial Forward Price, and on any other day, the Forward Price as of the immediately preceding calendar day multiplied by the sum of (i) 1 and (ii) the Daily Rate for such day; provided that on each Forward Price Reduction Date, the Forward Price in effect on such date shall be the Forward Price otherwise in effect on such date, minus the Forward Price Reduction Amount for such Forward Price Reduction Date.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.