Qualifying Threshold definition

Qualifying Threshold means twenty per cent (20%) of the Share Capital;

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Qualifying Threshold means twelve and a half per cent. (12.5%) of the Share Capital; “Recognised Stock Exchange” means any stock exchange where the Equity Shares are listed; “Relative” with respect to a natural Person, shall have the meaning given to the term in the Act;

Qualifying Threshold means an amount equal to the Acceleration Balance Amount (as defined in 3.2(b) below) immediately prior to consummation of the Change of Control divided by 0.15.

Examples of Qualifying Threshold in a sentence

Any Apax Observer so appointed shall be automatically removed, in the event that the Apax Original Investors (when taken together) cease to hold at least a Qualifying Threshold of the issued shares in the Company.
Any director so appointed shall be automatically removed from the Board, in the event that the Apax Original Investors (when taken together) cease to hold at least a Qualifying Threshold of the issued shares in the Company.
Any director so appointed shall be automatically removed from the Board, in the event that the Permira Original Investors (when taken together) cease to hold at least a Qualifying Threshold of the issued shares in the Company.
Commencing with the Fiscal Quarter ending March 31, 2021 and until the occurrence of a Qualifying Threshold IPO (but excluding any Fiscal Quarter ending thereafter), the Borrower shall not (i) permit Liquidity as of the last day of each such Fiscal Quarter to be less than $50,000,000 and (ii) permit the amount of Revolving Availability as of the last day of each such Fiscal Quarter to be less than $10,000,000.
Any Permira Observer so appointed shall be automatically removed, in the event that the Permira Original Investors (when taken together) cease to hold at least a Qualifying Threshold of the issued shares in the Company.

More Definitions of Qualifying Threshold

Qualifying Threshold has the meaning set out in the Articles of Association;

Qualifying Threshold has the meaning set forth in Section 9.04(a).

Qualifying Threshold means single new Academy21 Commissions equivalent to 45 weeks of seats at Pay As You Go, Half Termly, or Termly contract rate.