10% Threshold definition

10% Threshold means that Mitsui, Japan SPC, and their respective Affiliates collectively own, directly or indirectly, 10% or more of the issued and outstanding Common Shares on the relevant date, excluding from this calculation any Pending Top-Up Securities and, for the avoidance of doubt, any voting or equity shares of NMG issuable upon the exercise or conversion of any Convertible Securities;
10% Threshold. As defined in Section 8.1(a).
10% Threshold means that the Investor and its Affiliates own, directly or indirectly, 10% or more of the issued and outstanding Common Shares excluding any Incentive Securities issued after the date of this Agreement and any Pending Top-Up Securities, in each case, on the relevant date.

Examples of 10% Threshold in a sentence

  • Investor shall be entitled (but not obligated) to exercise the director representation right pursuant to this Article 2 unless and until such time as Investor fails at any time to meet the 10% Threshold.

  • The Investor shall not be entitled to exercise the Participation Right and Top-Up Right under this Article 3, and all of the Investor’s rights under this Article 3 shall terminate on the later to occur of (i) the Lock-Up Outside Date, and (ii) the date on which the Investor ceases to either (i) meet the 10% Threshold, or (ii) both meet the 5% Threshold and is an Offtaker.

  • Commencing in Fiscal Year 11 and for each Fiscal Year through the End Date, the Licensee will pay to Licensor a trademark license fee (the "Annual Trademark License Fee") calculated as a percentage of Net Channel Revenues (as defined below) as compared to Net Channel Revenues generated in Year 10 ("Threshold Revenues").

  • For so long as the Investor meets the 10% Threshold or is an Offtaker, the Corporation shall not enter into any agreement in respect of, or otherwise support or recommend, any Change of Control to a Sanctioned Person or a FEOC without the Investor's prior written consent.

  • The Investor shall not be entitled to exercise the Participation Right and Top-Up Right under this Article 3, and all of the Investor's rights under this Article 3 shall terminate on the later to occur of (i) the Lock-Up Outside Date, and (ii) the date on which the Investor ceases to either (i) meet the 10% Threshold, or (ii) both meet the 5% Threshold and is an Offtaker.

  • If the Employee Contribution determined in Step 4 is less than the 10% Threshold determined in Step 5, then Employee Contribution from Step 4 is confirmed to be the new employee contribution amount.

  • If the Employee Contribution determined in Step 4 is greater than the 10% Threshold determined in Step 5, then the 10% Threshold determined in Step 5 becomes the new employee contribution amount.

  • If an envelope does not contain a postmark, it shall be deemed received on the date that the Settlement Claims Administrator stamps the envelope or Claim Form as “received.” 10% Threshold.

  • For 2013 – Continuation of Eastern’s existing Management Incentive Plan including percentage of base pay and measuring criteria For 2014 – Percentage of Base Salary = 10% (Threshold) 40%(Target) 70%(Maximum) Measuring Criteria = Eastern calendar year Consolidated Combined Ratio (CCR) to be calculated in accordance with Exhibit C attached hereto.

  • CCIP program thresholds for services provided April 1, 2007-March 31, 2008 are as follows: CCIP Service Categories/Areas Activity Thresholds Measure: Measure: Measure: Measure: Total # services Total $ value of services provided Total # deliveries Total # services: # prenatal # postnatal # post partum # newborn # well baby Threshold 1 10 $2,500 4 10 Threshold 2 35 $15,000 15 35 Threshold 3 165 $30,000 35 105 6.


More Definitions of 10% Threshold

10% Threshold has the meaning set forth in Section 2.3(d).
10% Threshold means that the Investor owns, directly or indirectly, 10% or more of the issued and outstanding Common Shares on the relevant date, excluding for purposes of this calculation any Pending Top-Up Securities and, for the avoidance of doubt, any voting or equity shares of the Corporation issuable upon the exercise, exchange or conversion of any Convertible Securities;
10% Threshold means, with respect to a Beneficial Owner of Capital Stock as of an applicable date, Securities Law Beneficial Ownership of ten percent (10%) or more of the Capital Stock. For purposes of this definition, a stated percentage of the Capital Stock shall mean a number of shares of Capital Stock as shall equal in voting power that stated percentage of the total voting power of the then outstanding Capital Stock in the election of a majority of the Board of Directors or in respect of a merger, consolidation, sale of all or substantially all of the Corporation’s assets, liquidation, dissolution or winding up.
10% Threshold means that CGF owns, directly or indirectly, 10% or more of the issued and outstanding Common Shares on the relevant date, excluding for purposes of this calculation any Pending Top-Up Securities and, for the avoidance of doubt, any voting or equity shares of NMG issuable upon the exercise, exchange or conversion of any Convertible Securities;
10% Threshold has the meaning set forth in Section 11(c).