Threshold definition
Examples of Threshold in a sentence
The number of RSUs Earned under the Transformation Award shall be based on achievement during the Performance Period (defined below) and Extended Stock Performance Period (defined below) of the Threshold, Target, and/or Maximum goals established on Exhibit A.
If the Investor beneficially owns less than the Ownership Threshold for more than thirty (30) consecutive days following receipt by the Company of a written notice from the Investor, (i) the investor nominee right set out in Section 5; (ii) the participation rights set out in Section 4; and (iii) the access to information right set out in Section 3, shall no longer apply.
If a Threshold Event Cure occurs, no Control Event (or control-shift event described above) caused by application of an Appraisal Reduction Amount shall be deemed to have occurred.
Administrative Agent may participate in any such proceedings if the amount of Condemnation Proceeds is reasonably expected to exceed the Threshold Amount, and Borrower shall, from time to time, deliver to Administrative Agent all instruments reasonably requested by it to permit such participation.
If a letter of credit is furnished as Threshold Event Collateral, the letter of credit must have an initial term no shorter than 6 months and contain an evergreen clause providing for automatic renewal for additional periods not less than 6 months.