Examples of Threshold Holder in a sentence
Notwithstanding anything to the contrary in this Agreement, no Warrant may be exercised by or on behalf of a Person who is, or who by virtue of such exercise would become, a Threshold Holder and any such attempted exercise of a Warrant shall be prohibited and void ab initio (provided for the avoidance of doubt that a Warrant may be exercised in part to the extent such partial exercise would not cause such Person to become a Threshold Holder).
Within thirty (30) calendar days of a change in capitalization or ownership (however occurring) which results in Holder owning Shares in excess of the Buffer Threshold, Holder agrees to transfer to the Trustee all Shares which constitute Excess Shares.