Flip-In Trigger Date definition

Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.
Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii).
Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) (Adjustment of Purchase Price; Number and Kind of Shares or Number of Rights -- Certain Adjustments).

Examples of Flip-In Trigger Date in a sentence

  • For purposes of this Section 11(a)(iii), the per share value of the shares of Common Stock shall be the Current Market Price per share of the Common Stock (as determined pursuant to Section 11(d)(i) hereof) on the Flip-In Trigger Date and the per share or fractional value of any “Common Stock Equivalent” shall be deemed to equal such per share value of the Common Stock.


More Definitions of Flip-In Trigger Date

Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) (ADJUSTMENT OF PURCHASE PRICE; NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS -- CERTAIN ADJUSTMENTS).
Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof; “Nasdaq” shall have the meaning set forth in Section 11(d)(i) hereof; “Principal Party” shall have the meaning set forth in Section 13(b) hereof; “Purchase Price” shall have the meaning set forth in Section 4(a) hereof; “Record Date” shall have the meaning set forth in the preamble; “Redemption Price” shall have the meaning set forth in Section 23(a)(i) hereof; “Rights” shall have the meaning set forth in the preamble; “Rights Agent” shall have the meaning set forth in the preamble; “Rights Certificates” shall have the meaning set forth in Section 3(a) hereof; “Spread” shall have the meaning set forth in Section 11(a)(iii) hereof; “Substitution Period” shall have the meaning set forth in Section 11(a)(iii) hereof; “Summary of Rights” shall have the meaning set forth in Section 3(b) hereof; and “Trading Day” shall have the meaning set forth in Section 11(d)(i) hereof. Any determination required by the definitions contained in this Section 1 shall be made by the Board in their good faith judgment, which determination shall be final and binding on the Rights Agent.

Related to Flip-In Trigger Date

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Application Event means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(ii) of the Agreement.