Sale Threshold definition

Sale Threshold shall have the meaning set forth in Section 3.3. “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. “Sell” means, as to any shares of Capital Securities, to, directly or indirectly, sell, or in any other way transfer, assign, exchange distribute or otherwise dispose of, either voluntarily or involuntarily, any shares of Capital Securities; and the terms “Sale” and “Sold” shall have meanings correlative to the foregoing. If by reason of any transaction or other arrangement, Buckland ceases to be an Affiliate of Government of Singapore Investment Corporation (Ventures) Pte Ltd, such transaction or other arrangement shall be deemed to be a Sale by Buckland at such time of the shares of the Company then held by Buckland for all purposes of this Agreement, including, without limitation, the right of first refusal of the Xxxxxxx Funds set forth in Section 3.3. “Selling Xxxxxxx Shareholder” shall have the meaning set forth in Section 5.1. “Selling Shareholder” shall have the meaning set forth in Section 3.3. “Shareholder Excess Election” shall have the meaning set forth in Section 4.1. “Shareholders” shall have the meaning set forth in the Preamble. “Shares” means the shares in the capital of the Company, par value $0.002 per share. “Share Equivalents” means securities issued by the Company that are convertible into, or exchangeable or exercisable for, Shares. “Significant Shareholder Debtor” means a Person in whom a Shareholder Beneficially Owns either (i) 5% or more of such Person’s outstanding equity securities or (ii) 5% or more of any class of, or an aggregate of all classes of, such Person’s defaulted, distressed or stressed debt. “Specified Exchange” means the American Stock Exchange, New York Stock Exchange, Nasdaq, London Stock Exchange, Sao Paulo Stock Exchange or any other stock exchange agreed by all the Shareholders after the date hereof. “Strategic Buyer” means any industrial company (other than a financial, investment or banking institution or an entity whose primary purpose is to invest in securities) or an Affiliate of an industrial company that meets the following criteria: (i) its long-term unsecured indebtedness is rated investment grade or higher (i.e., Baa3/BBB- or higher by Xxxxx’x and/or S&P, respectively, or a market
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Sale Threshold means $473,000,000 minus the aggregate amount of all cash distributions (including Tax Distributions) actually received by Holdings (and its Permitted Transferees or any other Person to whom any Units held by Holdings on the date hereof have subsequently been Transferred) from the Company pursuant to Section 3.10 or Section 3.11, as applicable, but, for the avoidance of doubt, (i) not taking into account the one-time cash distribution to Holdings pursuant to the Investment Agreement, as described in Section 3.10(d), but (ii) taking into account any irrevocable waiver by any holder of Investor Units of rights to proceeds otherwise payable to such holder pursuant to Section 3.10(a) that are instead paid to and actually received by Holdings (or its Permitted Transferees or any other Person to whom any Units held by Holdings on the date hereof have subsequently been Transferred); provided that the Sale Threshold shall be subject to adjustment as reasonably determined by the mutual agreement of Holdings and the Investor Representative in the event of any issuance of additional Units to Holdings (and its Permitted Transferees) after the date hereof.
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Sale Threshold has the meaning set forth in Section 5(b).
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Examples of Sale Threshold in a sentence

  • The Private Sale Threshold will be calculated according to the value of all Contributions made by early contributions before the start of the Token Sale and is calculated by the Association on a best effort basis.

  • The Association may lower the amounts of the Private Sale Threshold and the Public Token Sale at its sole discretion in order to react to changes in the market environment.

  • The Public Token Sale Threshold will be calculated by the Association on a best effort basis at the end of the Token Sale.


More Definitions of Sale Threshold

Sale Threshold means a sum equal to 150% of the Basic Consideration;
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Sale Threshold shall have the meaning set forth in Section 3.3.
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Related to Sale Threshold

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • 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.

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • 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.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

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

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Threshold means with respect to Party B: infinity.

  • Threshold Percentage means 15%.

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).