Market Threshold
Market Threshold. Shall mean when the closing sales price of the Common Stock on the Nasdaq Stock Market or the New York Stock Exchange for twenty (20) consecutive trading days ending within the sixty (60) day period preceding the Threshold Notice has exceeded the amount which equals 2.0 times the Series C Liquidation Value (as adjusted from time to time to take into account stock splits, stock dividends and similar events).
All Definitions
Found in
MPOWER COMMUNICATIONS CORP contract