Threshold Condition definition

Threshold Condition means any one of the Deep Impact Threshold, the Qualified Lending Threshold or the Rate Reduction Threshold.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Threshold Condition means that the average closing price of a share of Common Stock over the twenty (20) trading days prior to the Settlement Date (or such earlier date of settlement pursuant to Section 4(b)) is equal to or greater than $5.00.

Threshold Condition has the meaning set forth in Section 7.10.

Examples of Threshold Condition in a sentence

The Committee will endeavor to establish performance conditions at the Threshold Condition level and the Target Condition level during the first ninety (90) days of each calendar year and shall advise the Participant in writing of such performance conditions.
The Committee will endeavor to establish performance conditions at the Threshold Condition level, the Target Condition level, and the Maximum Condition level for 2016, 2017, and 2018 during the first ninety (90) days of each such calendar year and to advise the Participant in writing of such performance conditions.
The Option shall not be deemed to have been exercised unless and until Treasury has acknowledged in writing that at least one Threshold Condition has been satisfied.
Accordingly, if the Shares subject to the Letter Agreements are tendered into the Offer as required under the Letter Agreements, Pacific will hold 20,350,892, or 90.02% of the outstanding Shares, and the Threshold Condition will be satisfied.
The Alternative Recovery Acceptance Report shall set forth calculations that show whether and by what amount the Opt-In Threshold Condition has or has not been satisfied.
It is a condition to the consummation of the settlement contemplated by this Settlement Agreement that the Opt-In Threshold Condition shall have been satisfied and a termination notice pursuant to Section 8.2 shall not have been given by TJX or MasterCard.
If the Threshold Condition has not been met on the Settlement Date, the SARs will immediately terminate with no payment therefor.
As soon as practicable following the satisfaction or waiver of the Threshold Condition in Section 7.1(b), the City shall present this Agreement and the Transactions to City Council for its consideration.
Upon an Event of Default Threshold Condition, the Company shall have an irrevocable, exclusive right to repurchase (the “Event of Default Repurchase Right”) all of the outstanding Class B Interests from the Initial Class B Member in exchange for (i) $10,000 and (ii) distributing 90% of the Remaining Shares (the “Event of Default Repurchase Price”) to the Initial Class B Member.
Settlement of the SARs pursuant to this Section 4(b) shall be in an amount as described in Section 3, subject to such additional terms as determined by the Board in its sole discretion on or prior to the date of the Change in Control, including, without limitation, whether the SARs become vested on a full or pro-rata basis and whether the Threshold Condition is reduced or disregarded.

More Definitions of Threshold Condition

Threshold Condition means, with respect to any Significant Shareholder Group, that such Significant Shareholder Group holds a number of Ordinary Shares equal to at least 15% of the issued and outstanding Ordinary Shares;

Threshold Condition means the condition in clause “(ii)” of Annex A.

Threshold Condition means a chronic condi- tion, such as congestive heart failure, diabe- tes, chronic obstructive pulmonary disease (COPD), or other diseases or conditions, as selected by the Secretary as appropriate for the establishment of a chronic care improve- ment program.

Threshold Condition means, where the Acquisition is being pursued by way of an Offer, the Squeeze Out Trigger Date has occurred.