Price Threshold definition
Price Threshold means $25.00 for the first fiscal year of the Corporation (whether partial or full) following consummation of the Partnering Transaction, which is thereafter adjusted at the beginning of each subsequent fiscal year of the Corporation to be equal to the greater of (i) the Annual VWAP of the Class A Common Stock for the immediately preceding fiscal year of the Corporation (whether partial or full) and (ii) the Price Threshold for the preceding fiscal year of the Corporation (whether partial or full); provided that the Price Threshold for any reference fiscal year of the Corporation shall be reduced on a dollar-for-dollar basis by the amount of any cash dividend per share of Class A Common Stock paid in such fiscal year of the Corporation to the holders of shares of Class A Common Stock.
Price Threshold has the meaning set forth in the Strategic Agreement.
Price Threshold means, (i) with respect to Tranche One, $13.50; and (ii) with respect to Tranche Two, $16.00. Each Price Threshold shall be appropriately adjusted to reflect any Share Adjustment Transaction during the Performance Period.
Examples of Price Threshold in a sentence
Solely with respect to the Second Closing, the Company shall have achieved the Milestone and the Price Threshold prior to the expiration of the Measurement Period.
The remaining one-third (1/3) of the CTRH and Founder Shares Lock-Up Securities shall no longer be subject to the prohibitions of Section 2.1(a) upon the occurrence of the Early Release Date with respect to the $17.50 Price Threshold.
More Definitions of Price Threshold
Price Threshold means a VWAP of equal to or greater than 200% of the Share Price (subject to appropriate, proportional adjustment for any stock splits or combinations of the Common Stock occurring after the date of this Agreement) measured during any five (5) consecutive Trading Days during the Measurement Period.
Price Threshold means US$10.00 for the first Measurement Period and, for each subsequent Measurement Period, the greater of (i) the Price Threshold for the immediately preceding Measurement Period and (ii) the VWAP for the immediately preceding Measurement Period, in each case as proportionally adjusted to give effect to any share sub-divisions, share capitalisations, share combinations, reorganisations, recapitalisations or similar transactions;
Price Threshold means the greater of the Target Price and the Nasdaq Index Adjusted Target Price.
Price Threshold means $10.00 for the first fiscal year of the Corporation (whether partial or full) following consummation of the Partnering Transaction, which is thereafter adjusted at the beginning of each subsequent fiscal year of the Corporation to be equal to the greater of
Price Threshold shall initially equal $10.00 for the first Measurement Period and shall thereafter be adjusted at the beginning of each subsequent Measurement Period to be equal to the greater of (i) the Price Threshold for the immediately preceding Measurement Period and (ii) the VWAP for the final fiscal quarter of the immediately preceding Measurement Period (in each case of clause (i) and (ii), as proportionally adjusted to give effect to any stock splits, stock capitalizations, stock combinations, stock dividends, reorganizations, recapitalizations or any such similar transactions).
Price Threshold shall have the meaning as that term is defined in the Recitals.
Price Threshold means, as applicable, $12.50, $15.00 or $17.50 per share (in each case, as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and similar events).