20% Threshold definition

20% Threshold means that Mitsui, Japan SPC, and their respective Affiliates collectively own, directly or indirectly, 20% 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;

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20% Threshold means twenty percent (20%) of LATAM Shares.

20% Threshold shall have the meaning set forth in Section 2.1(a).

Examples of 20% Threshold in a sentence

• Upon written notice from the Lender that the Lender intends to convert a portion of any Conversion Amount that would result in the Lender exceeding the 20% Threshold, the Borrower shall use all commercially reasonable efforts to seek any shareholder approval required in accordance with the rules and policies of each applicable Exchange.

• The Company will not have any further obligation to deliver any shares of Common Stock in excess of the 20% Threshold; provided, however, that the Company will make a cash payment in lieu of any shares of Common Stock (or fractions thereof) that are not able to be delivered in excess of the 20% Threshold, calculated based upon the simple average of the Daily VWAP for the ten consecutive Trading Days ending on and including the Trading Day immediately preceding the relevant payment date.

• The $20 Threshold was satisfied in early 1999, prior to the date of this Amendment, and the second tranche of 50,000 options in the table accelerated and vested, thereby making a total on that date of vested options for 190,000 shares plus such number as may have become vested on a monthly basis, since January 1, 1999, pursuant to the provisions of Section 4(b)(ii).

• Maximum: 90th or higher 50% Target: 75th – 89th 20% Threshold: 60th – 74th 8% 59th or below 0% Maximum: $____ or more 50% Target: $____- $____ 20% Threshold: $____- $____ 8% Below $____ 0% For example, if at the end of the Performance Period the Committee determined that the Company ranked above the 90th percentile to peers in ROAA, and had Three-Year Aggregate EPS of $____, the Applicable Percentage would be 100% and the Maximum Number of PSUs would be converted to and paid in shares of Company Stock.

• If the aggregate number of Transferred Founder Shares is equal to or greater than 273,350 Transferred Founder Shares (the “20% Threshold”), Purchaser shall issue a full warrant (the “Additional Warrants”) to the Supporters for each Transferred Founder Share transferred above the 20% Threshold; provided, further, that in no event shall the aggregate number of Transferred Founder Shares be greater than 410,025.

• The initial report of a Security Incident will be made by telephone call to the [District Relationship Manager] no later than twenty-four (24) hours after Contractor becomes aware of the Security Incident.

• Maximum: 90th or higher 50% Target: 75th – 89th 20% Threshold: 60th – 74th 8% 59th or below 0% Maximum: $____ or more 50% Target: $____-$____ 20% Threshold: $____-$____ 8% Below $____ 0% For example, if at the end of the Performance Period the Committee determined that the Company ranked above the 90th percentile to peers in ROAA, and had Three-Year Aggregate EPS of $____, the Applicable Percentage would be 100% and the Maximum Number of PSUs would be converted to and paid in shares of Company Stock.

• If the aggregate number of Transferred Founder Shares is equal to or greater than 273,350 Transferred Founder Shares (the “20% Threshold”), Purchaser shall issue a full warrant (the “Additional Warrants”) to the Supporters for each Transferred Founder Share transferred above the 20% Threshold; provided, further, that in no event shall the aggregate number of Transferred Founder Shares be greater than 574,035.

• Notwithstanding the foregoing, in no event shall -------------- the total number of shares of OXIS Stock issued to Shareholders pursuant to this Section 2.1 equal or exceed a number equal to 20% of the number of shares of OXIS Stock outstanding (the "20% Threshold"), which number shall be determined based upon the number of shares of OXIS Stock outstanding as of the close of trading on the business day immediately preceding the Closing Date.

More Definitions of 20% Threshold

20% Threshold means that CGF owns, directly or indirectly, 20% 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;

20% Threshold has the meaning ascribed thereto in Section 6.01.

20% Threshold has the meaning set forth in Section 1.5(c)(ii)(B).