Aggregate Share Ownership Limit. The term “Aggregate Share Ownership Limit” shall mean 9.8% in value of the aggregate of the outstanding Shares or such other percentage determined by the Board in accordance with Section 6.1.8
Appears in 3 contracts
Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)
Aggregate Share Ownership Limit. The term “Aggregate Share Ownership Limit” shall mean 9.8% in value of the aggregate of the outstanding Shares or such other percentage determined by the Board in accordance with Section 6.1.86.1.8 of the Charter.
Appears in 2 contracts
Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)
Aggregate Share Ownership Limit. The term “"Aggregate Share Ownership Limit” " shall mean 9.8% not more than 9.8 percent in value of the aggregate of the outstanding Equity Shares. The value of the outstanding Equity Shares or such other percentage shall be determined by the Board of Trustees in accordance with Section 6.1.8good faith, which determination shall be conclusive for all purposes hereof.
Appears in 2 contracts
Samples: Employment Agreement (Cv Reit Inc), Employment Agreement (Kranzco Realty Trust)
Aggregate Share Ownership Limit. The term “Aggregate Share Ownership Limit” shall mean 9.8% 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding Shares of any class or series, or such other percentage determined by the Board of Trustees in accordance with Section 6.1.812.2.8
Appears in 1 contract
Samples: Real Estate Trust Agreement and Declaration of Trust
Aggregate Share Ownership Limit. The term “Aggregate Share Ownership Limit” shall mean 9.8% in value of the aggregate of the outstanding Shares Shares, or such other percentage determined by the Board of Directors in accordance with Section 6.1.86.1.8 of the Charter.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Carey Watermark Investors 2 Inc)
Aggregate Share Ownership Limit. The term “Aggregate Share Ownership Limit” shall mean 9.8% in value of the aggregate of the outstanding Shares or such other percentage determined by the Board in accordance with Section 6.1.87.1.8 of the Charter.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cole Credit Property Trust III, Inc.)
Aggregate Share Ownership Limit. The term “"Aggregate Share Ownership Limit” " shall mean 9.8% 9.8 percent (in value vote or value, whichever is more restrictive) of the aggregate of the outstanding Equity Shares. The vote and value of the outstanding Equity Shares or such other percentage shall be determined by the Board Trustees in accordance with Section 6.1.8good faith, which determination shall be conclusive for all purposes of this Article V.
Appears in 1 contract
Samples: RMR Preferred Dividend Fund (RMR Preferred Dividend Fund)
