Top-up Threshold has the meaning set forth in Section 3.3(b);
Top-up Threshold has the meaning ascribed thereto in Section 4.4(1)(b);
Top-up Threshold means, at any time (x) if the Common Stock is then listed or quoted on a Trading Market, 167% of the Relevant Exposure, or (y) if not, such percentage of the Relevant Exposure to be mutually agreed between the Lender and the Pledgor in writing.
Examples of Top-up Threshold in a sentence
At any time the Market Value of the Collateral is less than the Top-up Threshold, within five (5) Business Days the Company shall notify the Collateral Agent and include additional collateral to the Collateral, in the form of Common Stock or cash, or a combination of both, according to the terms hereunder and under the Share Pledge Agreement.
More Definitions of Top-up Threshold
Top-up Threshold means a decimal, carried to the third place, ---------------- determined at Closing to be equal to the Pro Rata Share less .100, subject to subsequent adjustment (i) for adjustments to the Pro Rata Share in accordance with the penultimate sentence of the definition thereof and (ii) upon the issuance of Transaction Securities, by multiplying the Top-Up Threshold in effect prior to such issuance by the Dilution Factor; provided, that, if, -------- ---- following such issuance of Transaction Securities, a Primary Share Offer is made by Newco pursuant to Section 3.01(d) hereof, the Top-Up Threshold shall immediately be increased to T\2,\ which is to be determined as follows: T\2\ = ((x/y) (T\0\ - T\1\)) + T\1\ where: x = the number of shares offered to Sprint pursuant to a Primary Share Offer; y = the number of Available Top-Up Shares;
Top-up Threshold means 300% of the principal amount of the Notes then outstanding, or 275% of the principal amount of the Notes then outstanding in the event that (i) CSR has redeemed, repurchased or repaid in full of the CSR 2012 Notes or (ii) the redemption right of the holders of the CSR 2012 Notes upon a “change of control” pursuant to Section 4.17 of the CSR 2012 Note Indenture has been amended or waived entirely with no further effect. “CSR 2012 Notes” means the $50,000,000 Guaranteed Senior Unsecured Convertible Notes due 2012 issued by CSR under the CSR 2012 Note Indenture. “CSR 2012 Note Indenture” means the indenture dated April 24, 2007 by and among (i) CSR, (ii) CSR’s subsidiaries China Safetech Holdings Limited, China Security & Surveillance Technology (HK) Ltd., Chain Star Investments Ltd., as guarantors, and (iii) The Bank of New York, as trustee for the issuance of the CSR 2012 Notes.
Top-up Threshold has the meaning given in Section 5.5(a)(ii);
Top-up Threshold shall have the meaning set out in Section 3.3(a)(ii); “TSXV” means the TSX Venture Exchange;
Top-up Threshold means 300% of the aggregate principal amount of the Notes outstanding as of such date, or 275% of the aggregate principal amount of the Notes outstanding as of such date in the event that (i) CSR has redeemed, repurchased or repaid in full of the CSR 2012 Notes or (ii) the redemption right of the holders of the CSR 2012 Notes upon a “change of control” pursuant to Section 4.17 of the CSR 2012 Note Indenture has been amended or waived entirely with no further effect.
Top-up Threshold means 167% of the Relevant Exposure.
Top-up Threshold means an amount, identified by us in advance, which will require a top-up of the balance of the Account.