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Common use of Threshold Price Clause in Contracts

Threshold Price. The Purchase Price for the applicable Draw Down shall be equal to or greater than the Threshold Price.

Appears in 6 contracts

Sources: Securities Purchase Agreement (Titan Iron Ore Corp.), Securities Purchase Agreement (Titan Iron Ore Corp.), Securities Purchase Agreement (National Automation Services Inc)

Related Clauses

  • Strike Price
  • Minimum Adjustment of Exercise Price
  • Floor Price
  • Applicable Price
  • Closing Price

Parent Clauses

  • Conditions to Initial Closing and Draw Downs
  • DRAW DOWN TERMS
  • Conditions Precedent to the Obligation of the Purchaser to Accept a Draw Down and Purchase the Shares
  • Conditions Precedent to the Obligation of the Company to Sell the Shares
  • Conditions Precedent to the Obligation of the Purchaser
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