Lower Threshold definition

Lower Threshold means the sum set out in Appendix 4 (Council Thresholds and Authorisation Thresholds) as being the lower threshold, as the same may be amended from time to time pursuant to CSO 2 (Amendment of Contract Standing Orders).

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Lower Threshold means, with respect to either Parent, 5%, subject to adjustment pursuant to the next sentence. If after the date of this Agreement, additional Membership Interests are issued to a Member or an Additional Member in accordance with the terms of this Agreement, the Lower Threshold shall be proportionally reduced immediately prior to such new issuance to give effect to such new issuance.

Lower Threshold has the meaning ascribed thereto in Section 2.3(a).

Examples of Lower Threshold in a sentence

• During the five-day period commencing with its receipt of such notice, NDC shall have the option, in its sole discretion, to elect to revise the Common Exchange Ratios to equal that fraction of a share of NDC Common Stock (rounded to the nearest ten thousandth of a share) obtained by dividing the product of the Common Base Exchange Ratio or the Common Escrow Exchange Ratio, as the case may be, and the Lower Threshold Price by the Average Closing Price at the Determination Date.

• Such parameters will be set by reference to a specified Lower Threshold and, in certain cases, Upper Threshold.

• Alternatively, if LegatumX realizes gross proceeds on the Earnout Period Sales equal to or exceeding Ten Million One Hundred Thousand (USD $10,100,000) Dollars, BII shall receive additional shares of LegatumX’s common stock equal to Ten (10%) percent of the outstanding capital stock LegatumX on a Fully- Diluted Basis (the “Higher Threshold Earnout Shares”, and together with the Lower Threshold Earnout Shares, the “Earnout Shares”).

• During the five-day period commencing with its receipt of such notice, NDC shall have the option, in its sole discretion, to elect to revise the Base Amount to equal that number of shares of NDC Common Stock (rounded to the nearest whole share) obtained by dividing the product of the Base Amount and the Lower Threshold Price by the Average Closing Price.

• In the event that the FFO Additional Contingent Payment Units become due pursuant to Section 3.5(c) but the RE Capital Raise Lower Threshold had not been met as of the end of the RE Capital Raise Measurement Period, then the number of the FFO Additional Contingent Payment Units that OP would have otherwise been obligated to deliver shall be reduced by half (rounded up to the nearest unit).

More Definitions of Lower Threshold

Lower Threshold means the determined lower threshold for the property value threshold or land value threshold.

Lower Threshold means 10% at Closing, and as thereafter adjusted --------------- following any issuance of Transaction Securities by multiplying the Lower Threshold in effect prior to such issuance, expressed as a decimal carried to the third place, by the Dilution Factor; provided, that, if following such -------- ---- issuance of Transaction Securities, a Primary Share Offer is made by Newco pursuant to Section 3.01(d) hereof, the Lower Threshold shall immediately be increased, but never above .100, to L\2,\ which is to be determined as follows:

Lower Threshold means $193,000,000.

Lower Threshold means the determined threshold for the property value threshold or land value threshold. It is calculated to be the highest sale price in the lowest 25% of all sale prices for residential property or land as applicable, in the past 2 quarters.

Lower Threshold means, subject to clause 2.14, members of the e& Group holding, as registered holder, Ordinary Shares, and/or depositary receipts representing Ordinary Shares, representing in aggregate at least 14.6 per cent. of the total number of Voting Rights outstanding;

Lower Threshold means the amount of Purchaser Losses arising from any single Effect or a series of related or substantially similar Effects to the extent such Purchaser Losses exceed fifteen thousand dollars ($15,000) individually.

Lower Threshold has the meaning set forth in Section 2.2(a)(ii).