Threshold Transaction definition
Examples of Threshold Transaction in a sentence
The Contemplated Transactions to occur at the First Closing and Second Closing, taken together, must satisfy the requirement of a Minimum Threshold Transaction.
The Commitment of each Lender shall be immediately and permanently reduced by the Threshold Reduction Amount on the Threshold Date, and shall thereafter continue to be immediately reduced by each Threshold Reduction Amount as a result of any Threshold Transaction thereafter occurring.
If and to the extent the Company Transaction Expenses as shown in the Closing Company Certificate exceed $200,000 (the "Threshold Transaction Expenses"), the pre-adjusted Founder Aggregate Consideration of $26,054,640 shall be reduced by $1 for every $1 the Company Transaction Expenses exceed the Threshold Transaction Expenses (the "Closing Expense Deduction").