Examples of Threshold Event Date in a sentence
The Issuer shall give notice convening a meeting of ETP Securityholders on a date not more than 30 calendar days after the Threshold Event Date for the purpose of considering an Extraordinary Resolution which would have the effect of reducing the Principal Amount of the ETP Securities to an amount which is not less than 2.00 per cent.
Under Condition 8.8, if on any Valuation Date falling on or after the 60th calendar day following the Threshold Event Date the Price per ETP Security of the Affected Securities is less than 200 per cent.
Condition 8.8 provides that, if on any Valuation Date falling on or after the 60th calendar day following the Threshold Event Date the Price per ETP Security of the Affected Securities is less than 200 per cent.
The Price per ETP Security of the Affected Securities fell below the Threshold on the Threshold Event Date.
Doug McDaniel, Human Resources Director, provided a brief overview of the recommendations.
Under Condition 8.6 of the Affected Securities, in such circumstances the Issuer must give notice convening a meeting of holders of the Affected Securities on a date not more than 30 calendar days after the Threshold Event Date for the purpose of considering an Extraordinary Resolution which would have the effect of reducing the Principal Amount of the Affected Securities to an amount which is not less than 2 per cent.
Condition 8.5(A)(1) provides "If on any Valuation Date (a "Threshold Event Date") the ETP Security Value falls to less than 2.00 per cent.
The Issuer may also give notice convening a meeting of the WT Securityholders of such Class on a date not more than 30 calendar days after the Threshold Event Date for the purpose of considering an Extraordinary Resolution which, if passed, would have the effect of reducing the Principal Amount of a Digital Security of that Class to an amount the Determination Agent determines in its discretion.
If on any Business Day falling on or after the 60th calendar day following a Threshold Event Date, the cash value of the Carbon Entitlement per Security as calculated by the Determination Agent is less than 175 per cent.