Triggering Event IV means the date on which the Common Share Price is greater than $20.50 after the Closing Date, but within the Earn Out Period.
Triggering Event IV means the date on which a notice to proceed (howsoever defined) is issued (as determined in good faith by the Company Board) under a contract in respect of the procurement of a 30MW/288MWhr concentrated solar power project at Port Augusta in South Australia.
Triggering Event IV means the date on which the Common Share Price is equal to or greater than $20.00 at any time during the first 48 months of the Earn Out Period.
Examples of Triggering Event IV in a sentence
There were 101,588,670 shares of Class B Common Stock outstanding as of August 11, 2021, comprised of (a) 94,618,203 shares of Class B Common Stock outstanding as of July 1, 2021, as reported in the Prospectus and (b) 6,970,457 shares of Class B Common Stock received by the Reporting Person in connection with the Triggering Event IV described below.
More Definitions of Triggering Event IV
Triggering Event IV means the date on which a notice to proceed is issued (as determined in good faith by the Vast Board) under a contract in respect of the procurement of a 30MW/288MWhr concentrated solar power project at Port Augusta in South Australia;
Triggering Event IV. Schedule A, Section 1.2
Triggering Event IV means the audited financial statements of the Company for the fiscal year commencing January 1, 2024 and ending December 31, 2024 reflect that the Company has achieved both of the following financial metrics for such fiscal year: (x) Revenues of at least Forty Million One Hundred Thousand Dollars ($40,100,000) and (y) Net Income Attributable to Euda Health Limited of at least Ten Million One Hundred Thousand Dollars
Triggering Event IV means the date on which the Common Share Price (i.e., the volume weighted average closing sale price of one share of Class A Stock on the Nasdaq for a period of at least 10 days out of 20 consecutive trading days) is greater than $20.50 after the Closing Date, but within the Earn Out Period (i.e., the time period between the Closing Date and the five-year anniversary of the Closing Date).
Triggering Event IV means the date on which the Common Share Price is greater than $22.00 after the closing date of the Business Combination, but within the Earn Out Period.
Triggering Event IV means the date prior to or as of the tenth anniversary of the Closing Date, on which the volume weighted average sale price of one Topco Ordinary Share quoted on the New York Stock Exchange (or the exchange on which the Topco Ordinary Shares are then listed) is greater than or equal to $100.00 for any 20 Trading Days within any 30 consecutive Trading Day period.