Significant Decline definition

Significant Decline shall have the meaning given such term in Section 10.1(g).
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Significant Decline shall be deemed to have occurred if (i) the Average Closing Price of the Parent Common Stock is less than 75% of the Conversion Price and (ii) the number obtained by dividing the Average Closing Price of the Parent Common Stock by the Conversion Price is less than the number obtained by dividing the average of the closing prices of the Morgxx Xxxnxxx 00-Bank Regional Peer Group during the Final Calculation Period by the average of the closing prices of the Morgxx Xxxnxxx 00-Bank Regional Bank Peer Group for the 20 consecutive trading days ending on December 8, 1995 and subtracting .25 from the quotient.
Sample 1

Examples of Significant Decline in a sentence

  • For more information on what constitutes a significant decline in gross receipts, see Determining When an Employer is Considered to have a Significant Decline in Gross Receipts.

  • Significant Decline in Family Income - Effect on Enhanced Voucher Minimum Rent[…]b.

  • More recently, Germany has continued to support Ghana in the development of sectors including road infrastructure, health, and education, water and reforestation and forestry management.

  • Significant Decline of Peripheral Myeloid Dendritic Cells Following Multiple Trauma.

  • Significant Decline in Central Line-Associated Bloodstream Infections Using Alcohol-Impregnated Port Protectors at a Large Non-Profit Acute Care Hospital.

  • Within 120 days of NOAA Fisheries’ determining that the Early Warning Indicator abundance levels have been observed, the Action Agencies, in coordination with NOAA Fisheries, the RIOG, and other regional parties will determine whether the species in question is likely to decline to a level that will trip the Significant Decline Trigger.

  • For its most recently completed fiscal year, a proprietary institution did not receive at least 10percent of its revenue from sources other than title IV, HEA program funds, as provided under § 668.28(c); (3) Fluctuations Significant Decline in Title IV volume.

  • Creditor’s Responsibility When Significant Decline in Value Is CuredIt is important to note that a HELOC suspension or re- duction of the credit limit is temporary and can only continue while one of the permissible circumstances in the regulation for such action exists, such as a sig- nificant decline in property value.

  • Significant Decline in Galactomannan Signal during Storage of Clinical Serum Samples.

  • The 2020 BiOp has removed these Significant Decline Triggers entirely.

Related to Significant Decline

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Significant deficiency means a shortcoming in the system that materially affects the ability of officials of the Department of Defense to rely upon information produced by the system that is needed for management purposes.

  • Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

  • Significant Event means any Amortization Event or Event of Default.

  • Significant means in reference to a net emissions increase or the potential of a source to emit any of the following pollutants, a rate of emissions that would equal or exceed any of the following rates:

  • Significant impact means that the proposal is likely to have a noticeable effect on specific section(s) of the community greater than on the general community at large.

  • Significant Effects under this clause 11 include termination of employment (including redundancy), major changes in the composition, operation or size of the Employer’s workforce or in the skills required, the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; the need for retraining or transfer of Employees to other work areas or locations and the restructuring of jobs. Consultation about changes to rosters or hours of work

  • Significant Acquisition means the acquisition (in one or a series of related transactions) of all or substantially all of the assets or Equity Interests of a Person or any division, line of business or business unit of a Person for an aggregate consideration in excess of $450,000,000.

  • Significant Asset Sale means each Asset Sale which generates Net Sale Proceeds of at least $10,000,000.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Potential Change of Control means any public announcement or statement by the Issuer, or by any actual or potential bidder(s) relating to any potential Change of Control of the Issuer.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include:

  • Adverse Rating Event With respect to any Class of Rated Certificates and any Rating Agency that has assigned a rating thereto, as of any date of determination, the qualification, downgrade or withdrawal of the rating then assigned to such Class of Rated Certificates by such Rating Agency (or the placement of such Class of Rated Certificates on “negative credit watch” status in contemplation of any such action with respect thereto).

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed ten percent (10%) of the Purchase Price.

  • Adverse Change A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Note is impaired.

  • Commercial cannabis activity means the production, cultivation,

  • Significant Influence means control of at least twenty per cent of total share capital, or of business decisions under an agreement.

  • Material Casualty has the meaning set forth in Section 14.1.1.

  • Site Control means that Seller (a) owns the Site, (b) is the lessee of the Site under a Lease, (c) is the holder of a right-of-way grant or similar instrument with respect to the Site, or (d) is managing partner or other Person authorized to act in all matters relating to the control and Operation of the Site and Generating Facility.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.