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.

Redemption Threshold shall initially mean $8.50.

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.

Examples of Redemption Threshold in a sentence

• Early redemption If the Underlying closes equal to or above the relevant Redemption Threshold on one of the Observation Dates (a Redemption Event), the Coupon Certificate will be redeemed early at the Specified Reference Level.

• If the Underlying closes at or above the Redemption Threshold on one of the Observation Dates, the product will be redeemed early at the Specified Reference Level.

• The share price triggers for the exercise of the Warrants, the Warrant Exercise Price, the FMV Cap, the Redemption Threshold, the other redemption provisions described above, the Earn-Out Exercise Price and the number of Earn-out Shares to be issued will also be adjusted for the events set out in the preceding paragraph.

• The share price triggers for the exercise of the Warrants, the Warrant Exercise Price, the FMV Cap, the Redemption Threshold, the other redemption provisions described above, the Earn-out Exercise Price and the number of Earn-out Shares to be issued will also be adjusted proportionately for the events set out in the preceding paragraph.

• In any such case, an appropriate adjustment shall be made to the Redemption Threshold in a manner and on terms that effect the intent of paragraph (A) above.

More Definitions of Redemption Threshold

Redemption Threshold means [specify Redemption Threshold][the Redemption Threshold specified in the table].]

Redemption Threshold means $3.25.

Redemption Threshold shall initially mean $10.50.

Redemption Threshold means [specify Redemption Threshold].]

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.

Redemption Threshold means when the Redemption Percentage is equal to 85%.

Redemption Threshold means $1.50.