Redemption Threshold definition

Redemption Threshold means a threshold that will be met with respect to one or more LTIP Units if, when and to the extent such LTIP Units have satisfied the Capital Account Limitation.
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Redemption Threshold means $8.50.
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Redemption Threshold means: (i) the last reported closing sale price for the Common Stock as officially reported by the OTC Bulletin Board, if the Common Stock is then traded on the OTC Bulletin Board; or (ii) the last reported closing sale price on the Nasdaq SmallCap or National Market or a national securities exchange, if the Common Stock is then traded on the Nasdaq SmallCap or National Market or a national securities exchange, in each case as officially reported by the Nasdaq SmallCap or National Market or such national securities exchange; or (iii) if the Common Stock is not then traded on the OTC Bulletin Board, the Nasdaq SmallCap Market, the Nasdaq National Market or a national securities exchange, but is then traded in the over-the-counter market, then the average of the last reported bid and asked prices of the Common Stock reported by the National Quotation Bureau, Inc. or similar bureau if the National Quotation Bureau, Inc. is no longer reporting such information.
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Examples of Redemption Threshold in a sentence

  • Whenever the Warrant Price is adjusted, the Redemption Threshold (as defined below) shall be adjusted to equal 170% of the Warrant Price.

  • Whenever the Warrant Price is adjusted, the Redemption Threshold (as defined below) shall be adjusted to equal 150% of the Warrant Price.

  • Whenever the Warrant Price is adjusted, the Redemption Threshold (defined in subsection 6.1) shall be adjusted to equal 150% of the Warrant Price.

  • Whenever the Warrant Price is adjusted, the Redemption Threshold (as defined below) shall be adjusted to equal 210% of the Warrant Price.

  • After one or more LTIP Units have satisfied the LTIP Unit Redemption Threshold, such units shall forever have satisfied such threshold, and the Capital Account Limitation shall thereafter apply only to any LTIP Units which have not previously satisfied such threshold.


More Definitions of Redemption Threshold

Redemption Threshold means $3.25.
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Redemption Threshold means [specify Redemption Threshold][the Redemption Threshold specified in the table].]
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Redemption Threshold shall initially mean $10.50.
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Redemption Threshold means [specify Redemption Threshold].]
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Redemption Threshold means the date on which the Per Share Market Value first exceeds 140% of the Conversion Price per share of Common Stock for any 20 out of any 30 consecutive Trading Days.
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Redemption Threshold means when the Redemption Percentage is equal to 89.15%.
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Redemption Threshold has the meaning specified in Section --------------------- 9.01(b).
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