Triggering Percentage definition

Triggering Percentage means 15 percent.
Triggering Percentage means 10 percent (or 20 percent in the case of a Person who is a 13G Institutional Investor).
Triggering Percentage with respect to a percentage of the outstanding Common Shares, shall mean 17% or, if greater, that percentage of the outstanding Common Shares equal to 0.01% more than the highest percentage of the outstanding Common Shares Beneficially Owned by any Person as of the Close of Business on August 14, 2009.

Examples of Triggering Percentage in a sentence

  • Any Person who desires to effect any acquisition of Common Stock or other securities of the Company that might, if consummated, result in such Person Beneficially Owning the Triggering Percentage or more of the Common Stock then-outstanding (or, in the case of an Existing Holder, one or more additional shares of Common Stock) (a “Requesting Person”) may request that the Board grant an exemption with respect to such acquisition under this Agreement (an “Exemption Request”).


More Definitions of Triggering Percentage

Triggering Percentage means 11%.
Triggering Percentage means 12.5%.
Triggering Percentage means 10 percent (or 20 percent in the case of a Person who is a 13G Institutional Investor). (fff) “Triggering Event” means any Section 11(a)(ii) Event or Section 13 Event.
Triggering Percentage means, at any time, the lowest percentage of Aggregate Beneficial Ownership that would result in (A) a "Trigger Event" as defined in the Rights Agreement dated as of May 14, 1998 between Company and ChaseMellon Shareholder Services, L.L.C. as amended and in effect on the
Triggering Percentage means, at any time, the lowest percentage of Aggregate Beneficial Ownership that would result in (A) a "Trigger Event" as defined in the Rights Agreement dated as of May 14, 1998 between Company and ChaseMellon Shareholder Services, L.L.C. as amended and in effect on the date hereof (the "Rights Agreement") or (B) any "Change of Control" (or similar term) as defined in the Loan Agreement, the indenture for the Convertible Notes, or any lease, credit, employment or other agreement to which Company or a subsidiary of Company is a party as of the date of this Agreement, the occurrence of which would require Company or a subsidiary of Company to make any payment to any other Person or otherwise materially and adversely affect Company or a subsidiary of Company, (ii) "Adjustment Number" means, at any time, a number of shares of Common Stock which, if subtracted from the number of shares of Common Stock for which this Warrant, but for the provisions of this Section 2.5, otherwise would be exercisable at such time, would cause the Aggregate Beneficial Ownership to be an amount equal to the Triggering Percentage at such time, minus one-tenth of one percent (.10%), and (iii) "Aggregate Beneficial Ownership" means the aggregate beneficial ownership of shares of Common Stock by Holdxx xxx all Affiliates and Associates (as such terms are defined in the Rights Agreement).
Triggering Percentage means ten percent (10%).

Related to Triggering Percentage

  • Dilution Percentage means the gross amount of all returns, allowances, discounts, credits, write-offs and similar items relating to Borrower's Accounts computed as a percentage of Borrower's gross sales, calculated on a ninety (90) day rolling average.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.