Final Threshold Date definition

Final Threshold Date shall have the meaning given to it in the Stockholders Agreement.
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Final Threshold Date means the first date on which the sum of (A) the remaining Investment of Investor (and any transferee or assignee of Investor or any group of transferees or assignees) on such date and (B) the remaining Commitment to Invest of Investor (or any transferee or assignee of Investor or group of transferees or assignees) on such date, is less than $10,000,000.00.
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Examples of Final Threshold Date in a sentence

  • At any time before the Final Threshold Date, if the total size of the Board is increased, the number of Investor Nominees shall also be increased such that at least one-ninth of the members of the Board shall be Investor Nominees.

Related to Final Threshold Date

  • 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.

  • Restoration Threshold means, with respect to each Individual Property, an amount equal to 5% of the outstanding principal amount of the Allocated Loan Amount attributable to such Individual Property.

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

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

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.