Common use of Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares Clause in Contracts

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For the purposes of this Agreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall be deemed to be outstanding. (b) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shall, for the purposes of this Agreement, be and be deemed to be the product determined by the formula: 100 x A B where: A = the number of votes for the election of all directors generally attaching to the Voting Shares, Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandis.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For the purposes of this Agreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall be deemed to be outstanding. (b) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shall, for the purposes of this Agreement, be and be deemed to be the product determined by the formula: 100 x A B where: formula A = the number of votes for outstanding Voting Shares of the election of all directors generally attaching to the Voting Shares, Corporation Beneficially Owned by such Person; and B = the total number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation, including all unissued Voting Shares held by a Person which are deemed to be outstanding pursuant to section 1.5(a). The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Voting Shares acquired or held by any Person shall be determined in like manner mutatis mutandis.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For the purposes of this Agreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person person is deemed to be the Beneficial Owner shall be deemed to be outstanding. (b) The For purposes of this Agreement and in addition to the meaning set forth in NI 62-104, the percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shall, for the purposes of this Agreement, shall be and be deemed to be the product (expressed as a percentage) determined by the formula: 100 x A B where: A = the number of votes for the election of all directors of the Corporation generally attaching to the Voting Shares, Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors of the Corporation generally attaching to all outstanding Voting Shares of the CorporationShares. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Voting Shares acquired or held by any Person shall be determined in like manner mutatis mutandis.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For the purposes of this Agreementagreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall will be deemed to be outstanding. (b) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shallPerson, for the purposes of this Agreementagreement, will be and be deemed to be the product determined by the formula: where: 100 x A B where: A = the number of votes for the election of all directors generally attaching to the outstanding Voting Shares, Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandisShares.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (ai) For the purposes of this Agreementagreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall will be deemed to be outstanding. (bii) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shallPerson, for the purposes of this Agreementagreement, will be and be deemed to be the product determined by the formula: 100 x A B where: A A = the number of votes for the election of all directors generally attaching to the outstanding Voting Shares, Shares Beneficially Owned by such Person; and and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandisShares.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (a) For the purposes of this Agreementagreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall will be deemed to be outstanding. (b) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shallPerson, for the purposes of this Agreementagreement, will be and be deemed to be the product determined by the formula: 100 x A B where: A = the number of votes for the election of all directors generally attaching to the outstanding Voting Shares, Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandisShares.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (ai) For the purposes of this Agreementagreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall will be deemed to be outstanding. (bii) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shallPerson, for the purposes of this Agreementagreement, will be and be deemed to be the product determined by the formula: 100 x A B where: : A = the number of votes for the election of all directors generally attaching to the outstanding Voting Shares, Shares Beneficially Owned by such Person; and and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandisShares.

Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares. (ai) For the purposes of this Agreementagreement, in determining the percentage of the outstanding Voting Shares of the Corporation with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares of the Corporation of which such Person is deemed to be the Beneficial Owner shall will be deemed to be outstanding. (bii) The percentage of outstanding Voting Shares of the Corporation Beneficially Owned by any Person shallPerson, for the purposes of this Agreementagreement, will be and be deemed to be the product determined by the formula: 100 x A B where: 100xA/B A = =the number of votes for the election of all directors generally attaching to the outstanding Voting Shares, Shares Beneficially Owned by such Person; and B = =the number of votes for the election of all directors generally attaching to all outstanding Voting Shares of the Corporation. The percentage of outstanding Voting Shares of the Corporation represented by any particular group of Shares acquired or held by any Person shall be determined in like manner mutatis mutandisShares.