Relevant Threshold definition

Relevant Threshold means the applicable large customer consumption threshold set out in clause 18.1.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Relevant Threshold means the B Shareholder as at the date of adoption of these Bye- laws and/or its Affiliates holding at least 17.5% of the Ordinary Shares in aggregate, from time to time;

Relevant Threshold means in respect of a matter in relation to which the terms of the Onshore Notes specify that a certain threshold of holders of the Onshore Notes are required to vote in favor or against such matter in order for such matter to be approved or rejected (as the case may be), that threshold.

Examples of Relevant Threshold in a sentence

• If you fall below the Relevant Threshold, we may terminate this Agreement.

• However, if your electricity usage falls below the Relevant Threshold, we may initiate a process to reclassify your tariff to one that is appropriate for a Small Customer.

• If there is a change in your electricity consumption and as a result you are no longer eligible for the particular rate you are on because you fall below the Relevant Threshold in clause 18.1, we may change your rate to what is most appropriate given the change in your electricity consumption.

• As of the date of this Deposit Agreement, the number of Shares to be used to calculate each Relevant Threshold is _______ Shares.

• As of the date of this Deposit Agreement, the number of Shares to be used to calculate each Relevant Threshold is 347,415,686 Shares.

• As of the date of the Deposit Agreement, the number of Shares to be used to calculate each Relevant Threshold is 111,732,343 Shares.

• If thereis a change in your electricity consumption and as a result you are no longer eligible for the particular rate you are on because you fall below the Relevant Threshold in clause 18.1, we may change your rate to what is most appropriate given the changein your electricity consumption.

• If the Mittal Controlling Shareholder acquires ownership or control of an amount of shares in the capital stock of the Company that exceeds the Relevant Threshold, then the Mittal Controlling Shareholder shall be required to promptly sell down below the Relevant Threshold and shall not be entitled to vote any shares exceeding such Relevant Threshold.

• As of the date of this Deposit Agreement, the number of Shares to be used to calculate each Relevant Threshold is 429,800,000 Shares.

• The following table sets out per annum consumption thresholds that apply to an individual supply address of a Small Customer (Relevant Threshold).

More Definitions of Relevant Threshold

Relevant Threshold means the amount expressed in Article 16(a) or (b), as the case may be, of Directive 2004/17/EC (as may be amended from time to time) and, from the coming into force of any Regulations which implement Directive 2014/25/EU into the law of England and Wales, the amount

Relevant Threshold means (as applicable):