80% Threshold definition

80% Threshold has the meaning set forth in the definition of “Material Subsidiary”.
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80% Threshold is defined in Section 3.1.5.
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80% Threshold has the meaning set forth in the definition of “Material Subsidiary”. “Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of the assets of a Person, or of any business or division of a Person (other than a Person that is a Subsidiary), (b) the acquisition of the capital stock, partnership interests, membership interests or equity of any Person (other than a Person that is a Subsidiary), whether or not causing any Person to become a Subsidiary, or (c) a merger or consolidation or any other combination with another Person. “Act” means USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)). “Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent. “Administrative Agent’s Office” means, with respect to any currency, the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02 with respect to such currency, or such other address or account with respect to such currency as the Administrative Agent may from time to time notify to the Company and the Lenders.
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Examples of 80% Threshold in a sentence

  • Notwithstanding anything to the contrary herein, the Company shall at all times (subject to the 60 or 75 day period noted above or such longer period approved by the Administrative Agent) cause such of its Subsidiaries necessary to meet the 80% Threshold to be Guarantors and to be bound by the terms of a Guaranty.

  • In the event that the level of achievement of the Profits Goal equals or exceeds the 80% Threshold (including if greater than 100% of the Profits Goal target is achieved), the Committee retains discretion to provide for a higher level of payout than specified in the paragraph above, provided that the total payout will not exceed 150% of the weighted portion of the Target Performance Bonus assigned by the Committee to the Profits Goal.

  • We will not be required to obtain an opinion from a third party as to the fair market value if our Board of Directors independently determines that the proposed Business Combination meets the 80% Threshold, although our Board of Directors may decide to obtain such an opinion if it decides that it would be appropriate to do so.

  • Notwithstanding anything to the contrary herein, the Borrower shall at all times (subject to the 45 or 90 day period noted above) cause such of its Subsidiaries necessary to meet the 80% Threshold to be Guarantors and to be bound by the terms of a Guaranty.

  • At the 80% Threshold Time, you will become entitled to receive the applicable Change in Control Benefits provided under, and subject to, this Part Two; provided you execute (and do not revoke) and deliver to the Company a release substantially in the form of attached Exhibit A, which becomes effective under applicable law.

  • In addition, if conditions to closings with respect to one or more of the target businesses are not satisfied, the fair market value of the business could fall below the 80% Threshold.

  • In addition, we will not consummate the Business Combination unless the 80% Threshold is met (see “Proposed Business—Effecting a Business Combination”) and the procedures described under “—Issuance of Additional Debt or Equity; Co-Investment by ▇▇▇▇▇▇,” if applicable, are followed.

  • The initial target business or businesses with which we combine must have a fair market value equal to at least the 80% Threshold.

  • DII Holdings shall pay or cause to be paid to you the Restricted Stock Unit Consideration as soon as administratively practicable following the 80% Threshold Time, but, in any event, no later than during the calendar year in which the 80% Threshold Time occurs or, if later, two and one-half (2 1/2) months after the 80% Threshold Time.

  • The "Stipulated Value" shall be the higher of (a) $0.27 per Escrow Share and (b) if the 80% Threshold is met or exceeded, cash equal to the Full Amount, the Agreed Amount, the Settlement Amount or the Arbitration Amount, as applicable.