Volume Threshold Limitation Sample Clauses
Volume Threshold Limitation. In connection with an Advance Notice where the Company selects an Accelerated Purchase Pricing Period or Regular Purchase Pricing Period, if the total number of Common Shares traded on the Principal Market during Regular Trading Hours of the applicable Pricing Period (excluding any Excluded Days) is less than the applicable Volume Threshold (the “Volume Threshold Failure”), then the number of Advance Shares issued and sold pursuant to such Advance Notice shall automatically be reduced to the greater of (i) the applicable Volume Limit and (i) the number of Shares sold by the Investor during such Pricing Period (the “Volume Adjusted Advance Amount”), but in each case not to exceed the amount requested in the Advance Notice or any limitations set forth in Section 2.02.
Volume Threshold Limitation. In connection with any Advance Notice, if the total number of Common Shares traded on the Principal Market during Regular Trading Hours of the applicable Pricing Period (excluding any Excluded Days) is less than the applicable Volume Threshold (the “Volume Threshold Failure”), then the number of Advance Shares issued and sold pursuant to such Advance Notice shall automatically be reduced to the greater of (i) the applicable Volume Limit and (ii) the number of Shares sold by the Investor during such Pricing Period (the “Volume Adjusted Advance Amount”), but in each case not to exceed the amount requested in the Advance Notice or any limitations set forth in Section 2.02.
Volume Threshold Limitation. (i) In connection with an Advance Notice where the Company selects an Accelerated Purchase Pricing Period, an Extended Purchase Pricing Period or a Regular Purchase Pricing Period, if the total number of Common Shares traded on the Principal Market during the applicable Pricing Period is less than the applicable Volume Threshold (the “Volume Threshold Failure”), then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (i) the applicable Volume Limit and (ii) the number of Shares sold by the Investor during such Pricing Period (the “Volume Threshold Adjusted Advance Amount”), but in each case not to exceed the amount requested in the Advance Notice.
(ii) Each Trading Day during a Pricing Period that is an Excluded Day, the Volume Limit shall be further reduced by (A) in the event of a Regular Purchase Pricing Period, one-third for each such Excluded Day and (B) in the event of an Accelerated Purchase Pricing Period or an Extended Purchase Pricing Period, 100%.
(iii) The total Advance Shares in respect of each Advance with any Excluded Day(s) (after reductions have been made to arrive at the Volume Threshold Adjusted Advance Amount) shall be increased by such number of Common Shares (the “Long Coverage Shares”) equal to such number of Common Shares sold by the Investor during the applicable Pricing Period minus the Volume Threshold Adjusted Advance Amount, if any, provided that this increase shall not cause the total Advance Shares to exceed the amount set forth in the original Advance Notice or any limitations set forth in Section 3.02.
Volume Threshold Limitation. In connection with an Advance Notice where the Company selects an Accelerated Purchase Pricing Period or Regular Purchase Pricing Period , if the total number of Common Shares traded on the Principal Market during the applicable Pricing Period is less than the applicable Volume Threshold (the “Volume Threshold Failure”), then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (i) the applicable Volume Limit, and (i) the number of Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.