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 OM plc ceases to beneficially own, directly or indirectly, at least 7% of the outstanding Ordinary Shares.

Examples of Third Threshold Date in a sentence

• Except to the extent set forth in the following sentence, this Agreement shall terminate and be of no further force or effect as of the Third Threshold Date.

• 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.

• In addition to the specific rights of Xxxxxxx set forth elsewhere in this Agreement, until the Third Threshold Date, the Company and Xxxxxxx 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 provided, however, the Company shall have met the foregoing obligation if it has consulted with the Xxxxxxx Directors with respect to such internal communications.

• For a period of two years following the Third Threshold Date, subject to an extension of up to ten years if required due to a legal, tax, accounting or regulatory requirement applicable to the requesting Party, Xxxxxxx and the Company shall retain the right to access such records of the other which exist resulting from Xxxxxxx’x control or ownership of all or a portion of the Company, its shares, its securities or its assets.

• 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.

More Definitions of Third Threshold Date

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.

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 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 ING Group ceases to beneficially own at least 20% of the outstanding Common Stock.

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.