Requisite Level definition
Requisite Level means 5% or more of the number of shares of Holding --------------- Company Common Stock outstanding immediately after the consummation of the transactions contemplated by the Reorganization Agreement and the Univisa Contribution Agreement and prior to any further issuances for refinancing or other purposes, as such total number is adjusted to reflect stock splits, combinations, stock dividends, recapitalizations, reclassifications, and similar transactions.
Requisite Level means 5% or more of the number of shares of Holding
Requisite Level means with respect to any state for any Joint Venture Agreement Year(s) Market Approvals sufficient to support a number of Facilities that is equal to (a) for the Joint Venture Agreement Years 1999-2000, the product of (i) 1.5 times (ii) the difference between (x) the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Years and (y) the number of Project Starts occurring in such state during the period of January 1, 1999, through June 30, 1999 (such product rounded to the next highest whole number), and (b) for each other Joint Venture Agreement Year, the product of 1.5 times the number of Facilities reflected in the table in Section 2.2.1 for such state for such Joint Venture Agreement Year (rounded to the next highest whole number).
Examples of Requisite Level in a sentence
For convenience we report here the complete tables regarding the modelling of SLAs. ID Name Requisite Level Description Remarks Referenced metrics CAP- 01 Ingestion/Delivery Mandatory Capability to upload/download material and related metadata in the form of an agreed SIP, more protocols (e.g. ftp, http) and modalities (e.g. push, pull) should be provided ME-05 ME-07 CAP- 02 Validation Mandatory Identification and formal check of formats including wrappers, AV essence and metadata formats.