Lower Threshold definition

Lower Threshold means the sum set out in Appendix 4 (Council Thresholds and Authorisation Thresholds) as being the lower threshold, as the same may be amended from time to time pursuant to CSO 2 (Amendment of Contract Standing Orders).
Lower Threshold means the determined lower threshold for the property value threshold or land value threshold.
Lower Threshold means 10% at Closing, and as thereafter adjusted --------------- following any issuance of Transaction Securities by multiplying the Lower Threshold in effect prior to such issuance, expressed as a decimal carried to the third place, 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 Lower Threshold shall immediately be increased, but never above .100, to L\2,\ which is to be determined as follows:

Examples of Lower Threshold in a sentence

  • Alternatively, if LegatumX realizes gross proceeds on the Earnout Period Sales equal to or exceeding Ten Million One Hundred Thousand (USD $10,100,000) Dollars, BII shall receive additional shares of LegatumX’s common stock equal to Ten (10%) percent of the outstanding capital stock LegatumX on a Fully- Diluted Basis (the “Higher Threshold Earnout Shares”, and together with the Lower Threshold Earnout Shares, the “Earnout Shares”).

  • Notwithstanding Section 6.3(a), with respect to the tax year(s) in which any Buyers Basis Amount is distributed, in the event the Bonus EBITDA is less than $40,000,000 Buyers shall be allocated gross income in an amount (the “Buyers Basis Amount”) equal to the excess of Lower Threshold of Cattle Basis over the Actual Cattle Basis; provided, however, that in no event shall the Buyer Basis Amount exceed $5,000,000.

  • If the amount of such Company Equity on the Closing Balance Sheet is equal to or less than the Pro forma Equity less $500,000 (such amount is hereinafter referred to as the "Lower Threshold"), then the Final Purchase Price shall equal the Initial Purchase Price minus the amount by which Company Equity is less than the Lower Threshold.

  • In the event that the RE Capital Raise Additional Contingent Payment Units become due pursuant to Section 3.5(c) but the FFO Lower Threshold had not been met as of the end of the FFO Measurement Period, then the number of the RE Capital Raise Additional Contingent Payment Units that OP would have otherwise been obligated to deliver pursuant to Section 3.5(c) shall be reduced by half (rounded up to the nearest unit).

  • Until the date the Governance Agreement is terminated in accordance with Section 7.01 thereof, and for the duration of any period in which Sprint's Percentage Interest is greater than the Lower Threshold, the Investor Directors shall have the approval rights set forth in Section 2.06 of the Governance Agreement.


More Definitions of Lower Threshold

Lower Threshold means, with respect to either Parent, 5%, subject to adjustment pursuant to the next sentence. If after the date of this Agreement, additional Membership Interests are issued to a Member or an Additional Member in accordance with the terms of this Agreement, the Lower Threshold shall be proportionally reduced immediately prior to such new issuance to give effect to such new issuance.
Lower Threshold means $193,000,000.
Lower Threshold has the meaning ascribed thereto in Section 2.3(a).
Lower Threshold means the determined threshold for the property value threshold or land value threshold. It is the highest sale price in the lowest 25% of all sale prices for residential property or land as applicable, in the previous 2 quarters.
Lower Threshold. ​ means, subject to clause 2.14, members of the e& Group holding, as registered holder, Ordinary Shares, and/or depositary receipts representing Ordinary Shares, representing in aggregate at least 14.6 per cent. of the total number of Voting Rights outstanding;
Lower Threshold means—in relation to an eligible property—the lower threshold of the property value thresholds determined by the Minister for the Home Buyer Concession Scheme under section 139 of the Taxation Administration Act 1999.
Lower Threshold is defined in Section 12.2(b)(ii).