Determination of Percentage Ownership. The percentage of Voting Shares 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 where:
A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and
B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to Subsection 1.1e), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.
Determination of Percentage Ownership. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person at any time shall 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 attached to the Voting Shares Beneficially Owned by such Person at such time; and B = the number of votes for the election of all directors generally attaching to all Voting Shares actually outstanding. Where any Person is deemed to Beneficially Own unissued Voting Shares, such Voting Shares shall be deemed to be outstanding for the purpose of calculating the percentage of Voting Shares Beneficially Owned by such Person, but unissued Voting Shares which another Person may be deemed to Beneficially Own shall not be included in the denominator of the above formula.
Determination of Percentage Ownership. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person at any time shall be and be deemed to be the product determined by the formula: where: A = the number of votes for the election of all directors generally attached to the Voting Shares Beneficially Owned by such Person at such time; and
Determination of Percentage Ownership. The percentage of Shares Beneficially Owned by any Person, shall, for the purposes of this Agreement, be and be deemed to be the product (expressed as a percentage) determined by the formula: where: 100 x A B A = the aggregate number of votes for the election of all directors generally attaching to the Shares Beneficially Owned by such Person; and B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Shares. Where any Person is deemed to Beneficially Own unissued Shares pursuant to Section 1.1(e), such Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above for such Person, but no other unissued Shares shall, for the purposes of this calculation, be deemed to be outstanding.
Determination of Percentage Ownership. The percentage of Voting Shares 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 aggregate number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and
B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any person is deemed to Beneficially Own unissued Voting Shares pursuant to Subsection l.l(d), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.
Determination of Percentage Ownership. The percentage of Common Shares 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 where:
A = the aggregate number of votes for the election of all directors generally attaching to the Common Shares Beneficially Owned by such Person; and
B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Common Shares. Where any Person is deemed to Beneficially Own unissued Common Shares pursuant to Subsection 1.1(d), such Common Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.
Determination of Percentage Ownership. The percentage of Voting Shares Beneficially Owned by any Person, shall, for the purposes of this Agreement, be and be deemed to be the product determined by the formula: 100x A where: A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to subsection 1.1(f), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above, but no other unissued Voting Shares which may be acquired pursuant to any other outstanding Convertible Securities will, for purposes of calculation under this subsection 1.7, be deemed to be outstanding.
Determination of Percentage Ownership. 14 1.7 Acting Jointly or in Concert...................................................................14 1.8 Generally Accepted Accounting Principles.......................................................14
Determination of Percentage Ownership. For purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person shall be, and be deemed to be, the product determined by the formula: 100 X A - B where A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting Shares. For purposes of this Agreement, in determining the percentage of the outstanding Voting Shares with respect to which a Person is or is deemed to be the Beneficial Owner, all unissued Voting Shares as to which such Person is deemed the Beneficial Owner shall be deemed outstanding.
Determination of Percentage Ownership. 14 1.7 ACTING JOINTLY OR IN CONCERT......................................................14 1.8 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES..........................................14
