Third Threshold Date definition

Third Threshold Date means the first date on which the Founding Shareholders cease to beneficially own 20% or more of the total number of shares of Common Stock outstanding.

Third Threshold Date means the first date on which the Altaris Funds cease to beneficially own 10% or more of the total number of shares of Common Stock outstanding.

Third Threshold Date means the date on which Xxxxxxx ceases to beneficially own, directly or indirectly, at least 7% of the outstanding shares of Common Stock.

Examples of Third Threshold Date in a sentence

• The actual award amounts and number of projects awarded under each of the tracks described in Section I may differ from the estimated amounts for many reasons including the number of meritorious applications received, agency priorities, and funding availability.

• If any of a Second Threshold Date or Third Threshold Date occur on the same date, Xxxxxxx shall be deemed to beneficially own the lowest number of outstanding shares of Common Stock referenced in any such defined term that is applicable to such date.

• Without limiting any other rights that Xxxxxxx may have, whether under this Agreement or otherwise, in addition to the specific rights of Xxxxxxx set forth elsewhere in this Agreement, until the Third Threshold Date and subject to Section 4.1(b) and (c) hereof the Company shall continue to provide representatives of Xxxxxxx with reasonable access to the Company’s personnel (including senior-level management and other employees) and data.

• In addition to the specific rights of OM plc set forth elsewhere in this Agreement, until the Third Threshold Date, the Company and OM plc agree to mutually consult with respect to internal communications between the Company and its Subsidiaries which could reasonably be expected to be material to the Company.

• If any of a Majority Holder Date, First Threshold Date, Second Threshold Date or Third Threshold Date occur on the same date, OM plc shall be deemed to beneficially own the lowest number of outstanding Ordinary Shares referenced in any such defined term that is applicable to such date.

More Definitions of Third Threshold Date

Third Threshold Date means the date on which OM plc ceases to beneficially own, directly or indirectly, at least 7% of the outstanding Ordinary Shares.

Third Threshold Date means the date on which ING Group ceases to beneficially own at least 20% of the outstanding Common Stock.

Third Threshold Date means the first date on which the Moelis Funds cease to beneficially own 10% or more of the total number of shares of Common Stock outstanding.

Third Threshold Date means the date on which AIG ceases to beneficially own at least 10% of the outstanding Common Stock.

Third Threshold Date means the date on which AXA ceases to beneficially own at least 20% of the outstanding Common Stock.

Third Threshold Date has the meaning set forth in Section 3.2(c).

Third Threshold Date means, with respect to each Founder, the first date on which such Founder ceases to beneficially own (directly or indirectly) five percent (5%) or more of the Voting Capital Stock.