90% Threshold definition

90% Threshold means 90 per cent. of the total number of issued Ordinary Shares (including Ordinary Shares represented by ADSs but excluding any Ordinary Shares held by the Company as treasury shares) as at the final closing date of the Offer (other than those already held by the Offeror, its related corporations or their respective nominees as at the date of the Offer to Purchase). In addition, the Offeror will pay the Higher Offer Price in the event that the Offeror acquires or agrees to acquire (or is deemed or treated under Section 215 of the Companies Act as having acquired or agreed to acquire) Ordinary Shares (including Ordinary Shares represented by ADSs but excluding those Ordinary Shares or ADSs held by its related corporations or their respective nominees as at the date of the Offer to Purchase which are acquired or agreed to be acquired by the Offeror) during the period from (and including) the date of the Offer to Purchase up to (and including) a date prior to the final closing date of the Offer (whether pursuant to valid acceptances of the Offer or otherwise) which results or would result in the Offeror holding such number of Ordinary Shares (including Ordinary Shares represented by ADSs but excluding any Ordinary Shares held by STATS ChipPAC as treasury shares) which are equal to or more than 90% of the maximum potential issued share capital of STATS ChipPAC as of such date, provided, however, that the earliest date on which the increase in the Offer Price will take effect is the close of the initial offer period.
Sample 1Sample 2
90% Threshold has the meaning set forth in the definition of “Guarantor Subsidiary”.
Sample 1Sample 2
90% Threshold means 90 per cent. of the total number of issued Shares (including Shares represented by ADSs but excluding any Shares held by the Company as treasury shares) as at the final closing date of the Offer (other than those already held by the Offeror, its related corporations or their respective nominees as at the Commencement Date). Shareholders who accept the Offer may elect to receive the Offer Price in U.S. dollars, in which event the Offer Price shall be converted from Singapore dollars to U.S. dollars on the open spot market on or around the date of settlement of the Offer Price. The actual amount of U.S. dollars to be received by a shareholder who elects for U.S. dollars in settlement of the Offer Price will therefore depend upon the relevant exchange rate prevailing on the day the conversion is effected.
Sample 1

Examples of 90% Threshold in a sentence

  • Notwithstanding the foregoing, in the event that TAS shall own at least ninety percent (90%) of the outstanding Shares at any time prior to the Effective Time (including without limitation as a result of the Conversion) (the “90% Threshold”), the parties hereto agree, within two Business Days after TAS attains the 90% Threshold, to take all necessary and appropriate action to cause the Merger to become effective, without a meeting of stockholders of the Company, in accordance with Section 253 of the DGCL.

  • If the 90% Threshold is reached, the “see-through” higher offer price for the Convertible Notes will be determined based on the higher offer price for the Ordinary Shares and the ADSs for all Convertible Notes tendered, including for Convertible Notes tendered prior to the time the 90% Threshold was reached.

  • Plan Award Earned(2) --------------------------- ------------- Under 90% -0- 90% Threshold 50 95% 75 100% Target 100 105% 133 1/3 110% 166 2/3 115% Maximum 200 -------------------------------------------------------------------------------- Part No. TS 136 Page 4 of 15 5 Subject: PERFORMANCE INCENTIVE PLAN - C 98 Corporate RONA vs.

  • Notwithstanding anything to the contrary herein, except solely as provided in clause (ii) of the second sentence of paragraph 6M, the Company shall at all times cause such of its Subsidiaries necessary to meet the 90% Threshold to be Guarantor Subsidiaries and to be bound by the terms of the Guaranty.

  • Pursuant to Section 215(1) of the Companies Act, in the event that the Offeror reaches or exceeds the 90% Threshold, the Offeror will be entitled to exercise the right to compulsorily acquire all the remaining Offer Shares.

  • Estimated Capacity Change in global demand (MM T) Change in global capacity (MM T) Supply Tension Environment Expected in the Near Term 90% Threshold 50% 60% 70% 80% 90% 100% '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16E '17E '18E China Emergence Capacity Overbuild Tightening Capacity Price Inflection Supply Tension Improved Returns 1.7 1.7 0.5 0.8 0.6 0.6 Glass fiber market demand excludes E-glass yarns.

  • Notwithstanding anything to the contrary herein, the Borrowers shall at all times cause such of its Subsidiaries necessary to meet the 90% Threshold to be Guarantor Subsidiaries and to be bound by the terms of a Guaranty.

  • Plan Award Earned(2) ----------------- -------------- Under 90% -0- 90% Threshold 50 95% 75 100% Target 100 105% 150 110% Maximum 200 HSF District Gross % of Targeted Field Profit $ vs.

  • Plan % of Targeted and Huffy Company Cash Flow Vs. Plan Award Earned(2) ------------------------------------ ------------ Under 90% -0 90% Threshold 50 95% 75 100% Target 100 105% 133 1/3 110% 166 2/3 115% 200 Corporate RONA vs.

  • PLAN Award Earned(2) ---------------------- --------------- Under 90% -0- 90% Threshold 50 95% 75 100% Target 100 105% 133 1/3 110% 166 2/3 115% Maximum 200 FOR CORPORATE OFFICE PARTICIPANTS, CORPORATE NON-EXEMPT PARTICIPANTS AND HRC STAFF POSITIONS CORPORATE RONA, EPS AND % of Targeted CASH FLOW VS.


More Definitions of 90% Threshold

90% Threshold has the meaning set forth in the definition of “Guarantor Subsidiaries”.
Sample 1
90% Threshold is defined in the definition of Permitted Acquisition.
Sample 1

Related to 90% Threshold

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

  • Threshold means with respect to Party B: infinity.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Threshold Percentage means 15%.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-purchase procedures. Generally, the micro-purchase threshold for procurement activities administered under federal awards is not to exceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cognizant agency for indirect costs.

  • 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.

  • 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.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

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