Minimum Free Float definition

Minimum Free Float means at least ten per cent (10%) of the total number of issued Shares of the Company (excluding Treasury Shares, preference shares and convertible equity securities) in a class that is listed is at all times held by the public;
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Minimum Free Float means the Outstanding Shares which the Company is required to maintain in order to list on the Novo Mercado, which shall be maintained during all the period in which its securities are listed to trade on Novo Mercado, which shall totalize at least twenty-five percent (25%) of the total capital stock of the Company.
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Minimum Free Float means the Outstanding Shares which the Company is required to maintain in order to list on the Corporate Governance Level 1, which shall be maintained during all the period in which its securities are listed to trade on Corporate Governance Level 1, which shall totalize at least twenty-five percent (25%) of the total capital stock of the Company.
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Examples of Minimum Free Float in a sentence

  • After a transaction of Disposal of Corporate Control and the subsequent performance of the tender offer referred in subsection 8.1, the Acquirer shall take all the necessary actions to reestablish the Minimum Free Float, if necessary, within the six (6) month period after the acquisition of the Corporate Control.

  • In occurring a stock capital increase that has not been fully subscribed by the ones having the right of first refusal or has not received the adherence of a minimum number of interested parties in a public offering, the partial or total subscription of such stock capital increase by the Controlling Shareholder will require him to take the necessary actions to reestablish the Minimum Free Float within the six (6) month period following the confirmation of the subscription in the stock capital increase.

  • In occurring a stock capital increase that has not been fully subscribed by the ones having the right of first refusal or has not received the adherence of a minimum number of interested parties in a public offering, the partial or total subscription of such stock capital increase by the Controlling Shareholder will require him to take the necessary actions to reestablish the Minimum Free Float within the six(6) month period following the confirmation of the subscription in the stock capital increase.

  • Further, under Rule 724 of the Catalist Rules, the SGX-ST may suspend trading in the Shares when the Minimum Free Float is lost, pending the restoration of the Minimum Free Float.

  • On long side services, this bid item is additive to the appropriate gas service installation bid item.

  • Upon Disposal of the Company’s Control, the Buyer - to the extent applicable - must take the steps necessary to restore the Minimum Free Float within 6 (six) months after acquiring Control.

  • The Company must maintain a Minimum Free Float of at least 25% of the Company’s total capital stock while the securities are listed for trading on the Novo Mercado.

  • The Company shall endeavour to restore the Minimum Free Float within one month.

  • In the event that the number of Shares in the hands of the public falls below the Minimum Free Float following completion of the Proposed Acquisition, the Company shall as soon as reasonably practicable undertake a compliance placement of such number of newShares to restore the Minimum Free Float.

  • If any capital increase has not been fully subscribed for by whoever held the corresponding preemptive right, or if there has been no sufficient number of persons interested in the respective public distribution, then full or partial subscription of such capital increase by the Controlling Shareholder shall cause it to take the actions necessary to restore the Minimum Free Float within six (6) months after the subscription is ratified.


More Definitions of Minimum Free Float

Minimum Free Float means the Outstanding Shares which the Company is required to maintain in order to list on the Corporate Governance Level 1, which shall observe item
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Minimum Free Float means the Minimum Free Float required for the Company admission into Novo Mercado, at a percentage to be maintained throughout the period in which the securities issued thereby are listed for trading on Novo Mercado, representing at least twenty-five percent (25%) of the Company’s total capital stock.
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Minimum Free Float means the Outstanding Shares which the Company is required to maintain in order to list on the Corporate Governance Level 2, which shall observe item3.5 and be maintained during all the period in which its securities are listed to trade onCorporate Governance Level 2.
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Minimum Free Float means the Minimum Free float that the Company shall maintain throughout the period in which it is classified under corporate governance standards, representing at least twenty-five percent (25%) of the Company's total capital stock.
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Related to Minimum Free Float

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • 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.

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

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • 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 Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

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

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.