Repurchase Threshold definition

Repurchase Threshold shall equal at any time, an amount equal to the available amount under the Seller note, as reduced by any payments made on the Seller Note.
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Repurchase Threshold has the meaning set forth in Section 11.05(b).
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Repurchase Threshold shall have the meaning specified in Section 4.2(c).
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Examples of Repurchase Threshold in a sentence

  • A purchase or redemption of Common Shares by the Company on any day at an average price on that day which exceeds the Share Repurchase Threshold will constitute a Dividend, and the amount of such Dividend per Common Share will be such excess.

  • A purchase or redemption of Common Shares by the Parent on any day at an average price on that day which exceeds the Share Repurchase Threshold will constitute a Dividend, and the amount of such Dividend per Common Share will be such excess.

  • If the Unpaid Balance of the Repurchase Assets identified after the Transfer Date is greater than or equal to the Repurchase Threshold, then to the extent the Unpaid Balance of these Repurchase Assets is greater than the Repurchase Threshold the Seller shall then repurchase such excess Repurchase Assets for an amount equal the aggregate Unpaid Balance of those excess Repurchase Assets multiplied by the Purchase Price Percentage.

  • A purchase or redemption of share capital by the Issuer will cause the Share Repurchase Threshold to be exceeded if (and only if) it comprises a purchase or redemption of Shares by the Issuer at an average price (before expenses) on any one day which exceeds by more than five per cent.

  • The Warrants may be redeemed at the option of the Company, at a redemption price of $.01 per Warrant, at any time after any Determination Date if the Book Value per Share is greater than the Applicable Repurchase Threshold at (i) such Determination Date and, (ii) in the case of any Determination Date other than December 31, 2000, at the end of each of the immediately preceding three fiscal quarters.

  • All computations of the Applicable Repurchase Threshold, the number of Warrants redeemable by the Company and redemption price shall be adjusted to reflect any stock dividends and any stock splits or combinations or similar transactions taking place after the Original Issue Date through the Determination Date.

  • On any day, the "Share Repurchase Threshold" means the Current Market Price of the Common Shares either (1) on that date, or (2) where an announcement (excluding for the avoidance of doubt, general authority for such purchases given by a shareholders meeting of the Company or any notice convening such meeting) has been made of the intention to purchase Common Shares at some future date at a specified price, on the Business Day immediately preceding the date of such announcement.