50% Threshold definition

50% Threshold means, at any point in time, including, without limitation, following the exercise of the Class A Warrant and/or the Class B Warrant, the record ownership by the Investor or its Affiliates of such number of shares of Series C Preferred Stock, Class B Warrant Shares and/or Common Stock of the Company which if (a) owned outright as Common Stock, or (b) as to Series C Preferred Stock (including, without limitation, Class A Warrant Shares), was fully converted into Common Stock, would represent in the aggregate fifty percent (50%) or more of the issued and outstanding shares of Common Stock of the Company at such point in time.
Sample 1Sample 2Sample 3

Examples of 50% Threshold in a sentence

  • Award Level Index Relative Performance Relative TSR Performance Vesting Percentage* Maximum [ ] 100% Above Target [ ] 75% Target [ ] 50% Threshold [ ] 25% Less than Threshold [ ] 0% * The Relative TSR Performance Vesting Percentage will be determined based on straight line interpolation for relative performance between the Award Levels above Threshold set forth above.

  • Award Level Percentile Rank Relative to the Peer Group Performance Factor* Maximum At or above the 75th Percentile 100% Target At the 50th Percentile 50% Threshold At the 25th Percentile 25% Less than Threshold Below the 25th Percentile 0% * The Performance Factor will be determined based on straight line interpolation for relative performance between the Threshold-Target and Target-Maximum Award Levels set forth above.

  • Peers) Performance Shares Earned Maximum ≥90th percentile 200% Target 55th percentile 100% Threshold ≥30th percentile 50% <Threshold <30th percentile 0% Notwithstanding the foregoing, if the Company’s TSR for the Performance Period is negative, then the Performance Shares Earned, as calculated in the above table, shall not exceed 100% of the Performance Shares, regardless of the Company’s actual percentile ranking in the Peer Group.

  • The actual number of Performance Units the Participant earns may be greater or less than the Target Award, or even zero, based on the Company’s TSR percentile ranking relative to the TSR performance of the companies in the Peer Group, as follows:Maximum 90% Target 50% Threshold 25% If the Company’s actual TSR performance is between measuring points, the number of Performance Units the Participant earns will be interpolated.

  • Intentionally omitted due to competitive nature of information 200% (Maximum) 100% (Target) 50% (Threshold) 0 % For performance greater than 100% and less than 150% of target, or performance less than 100% and greater than 50% of target, the vesting percentage will be interpolated.

  • Example: If the 50% Threshold is achieved in the first half year, and the 75% Threshold is achieved for the full year, the bonus payable for a member of the Associate Scheme will be: First Installment: 3% of the salary earned in the first half (i.e. 1.5% of annual salary).

  • The Award Level for FCF shall be determined based on the achievement of the following cumulative FCF amounts over the Performance Period: PERFORMANCE AWARD AGREEMENT EXHIBIT 1 EXHIBIT 10.2 Performance Level FCF Amount % of Target PSUs Earned3 Maximum 200% Target 100% Threshold 50% <Threshold 0% __________________________________________ 1 If absolute TSR is negative across the Designated Peer Group, award payouts will be capped at 100%, regardless of relative TSR positioning.

  • The Award Level for the APTCF factor for the Performance Period shall be determined based on the following table: Performance Level Adjusted Pre-Tax Cash Flow Amount % of Target Performance Share Units Earned1 Maximum $51,625,000 200% Target $41,300,000 100% Threshold $30,975,000 50% <Threshold <$30,975,000 0% 1 Linear interpolation will be applicable to the percentages between the Performance Levels.

  • The Award Level for the APTCF factor for the Performance Period shall be determined based on the following table: Adjusted Pre-Tax Cash % of Target Performance Share Performance Level Flow Amount Units Earned1 Maximum $26,800,000.00 200% Target $21,400,000.00 100% Threshold $16,000,000.00 50% <Threshold <$16,000,000 —% _____________ 1Linear interpolation will be applicable to the percentages between the Performance Levels.

  • Maximum [ ] TSR Percentile and above 100% Target [ ] TSR Percentile 50% Threshold [ ] TSR Percentile 25% Below Threshold Below [ ] TSR Percentile 0% The percentage of the Award that vests if the Company’s TSR Percentile at the end of the Performance Period is between the “Threshold” and “Target” or “Target” and “Maximum” performance levels, as applicable, shall be determined by straight line interpolation.

Related to 50% Threshold

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the GREATER of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Threshold means, with respect to Party B and any Valuation Date, infinity.

  • Restoration Threshold means with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount of such Individual Property.

  • Alteration Threshold means, with respect to each Individual Property, five percent (5%) of the original Allocated Loan Amount (as defined in the Mortgage Loan Agreement) of such Individual Property.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Threshold Percentage means 15%.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Required Ratings Threshold means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Total risk-based capital ratio means the Total Risk-Based Capital Ratio determined in accordance with the rules and regulations of the appropriate Regulatory Authority as from time to time in effect, and any successor or other regulation or official interpretation of said Regulatory Authority relating thereto.

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.