Threshold Percentage
Threshold Percentage. Means 50.1 percent of (i) the aggregate shares of Preferred Stock issued and outstanding immediately following the Closing and (ii) the shares of Common Stock issuable upon conversion of the Preferred Stock as the same may be adjusted pursuant to the terms of the Certificate of Designation. 6
Found in
Paybox Corp. contract
Threshold Percentage. Means the percentage of Actual Voting Power owned by the Purchaser immediately following the closing of the IPO and the sale of Shares hereunder, which in no case shall exceed nineteen and nine-tenths percent (19.9%) of Actual Voting Power.
Threshold Percentage. Shall mean forty-nine percent (49%).
All Definitions
Found in
ASTA FUNDING INC contract