Common use of Calculation of Share Ownership Clause in Contracts

Calculation of Share Ownership. In determining the number or percentage of Shares owned by a Stockholder for purposes of ascertaining or exercising rights under this Agreement, all Shares held by Affiliates of such Stockholder shall be aggregated together (provided that no Shares shall be attributed to more than one Person within any such group of Affiliates or otherwise counted more than once).

Appears in 4 contracts

Samples: Stockholders’ Agreement (Modern Times Group MTG AB), Stockholders' Agreement (Modern Times Group MTG AB), Stockholders’ Agreement (CTC Media, Inc.)

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Calculation of Share Ownership. In determining the number or percentage of Shares shares owned by a Stockholder for purposes of ascertaining or exercising rights under this Agreement, all Shares shares held by Affiliates Affiliated Parties of such Stockholder shall be aggregated together (provided that no Shares shares shall be attributed to more than one Person entity or person within any such group of Affiliates Affiliated Parties or otherwise counted more than once).

Appears in 1 contract

Samples: Registration Rights Agreement (CTC Media, Inc.)

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