Threshold Securities Sample Clauses

The Threshold Securities clause defines a minimum level or amount of securities that must be met before certain rights, obligations, or actions are triggered under an agreement. For example, this clause may specify that only shareholders holding a specified percentage of shares are entitled to exercise particular voting rights or initiate specific corporate actions. Its core practical function is to prevent minor or insignificant holdings from affecting major decisions, thereby ensuring that only parties with a substantial stake can influence key outcomes or processes.