Threshold Value definition
Examples of Threshold Value in a sentence
Pursuant to Article 2 of the Purchase Agreement, there is being deposited into an account (the "Escrow Account") maintained by the Escrow Agent either (i) a number of shares of Common Stock valued at the Initial Public Offering Price, (ii) cash or (iii) a combination of Common Stock and cash comprising part of the Purchase Price equal to $_______, (the "Threshold Value").
We will determine the Threshold Value on the pricing date of the notes, which will be the date the notes are priced for initial sale to the public.
You should be willing to lose some or all of your principal if the notes are not called prior to their maturity, and the applicable Market Measure has declined below (or, in the case of bear notes, has increased above) the Threshold Value on the final Observation Date shortly before the maturity date.
As a result, your notes may not be called, and you may receive at maturity less than the Original Offering Price of your notes, even if the value of the Market Measure has increased (or in the case of bear notes, decreased) at certain times during their term before decreasing to a value below the applicable Call Level and Threshold Value (or, in the case of bear notes, increasing to a value above the Call Level or Threshold Value) on the applicable Observation Dates.
The Call Level, Observation Dates, Threshold Value, and Call Amount will be set forth in the applicable term sheet.