Increase in Ownership Sample Clauses
The "Increase in Ownership" clause defines the conditions under which a party's ownership stake in a company or asset may be increased. Typically, this clause outlines specific triggers such as additional capital contributions, conversion of convertible securities, or the exercise of options or warrants that result in a higher percentage of ownership for a party. For example, if an investor provides additional funding, their ownership percentage may be recalculated to reflect the new investment. The core function of this clause is to ensure transparency and fairness in adjusting ownership interests, thereby preventing disputes and clarifying the process for all parties involved.
Increase in Ownership. The date upon which any Person (excluding TrizecHahn Corporation and any TrizecHahn Corporation Subsidiary) has beneficial ownership of the Voting Power of ▇▇▇▇▇ USA that is in excess of the greater of:
(I) 35% of the Voting Power of ▇▇▇▇▇ USA; or
(II) the Voting Power of ▇▇▇▇▇ USA then held by TrizecHahn Corporation.
Increase in Ownership. Pursuant to subparagraph (k) of Article IV of the Articles of Incorporation and subject to the representations, undertakings and provisions contained herein, the Board of Directors of Cedar has authorized the Waiver and approved the right of the Group, and pursuant to this authorization and approval Cedar hereby grants to each of the entities in the Group the right, to acquire up to an additional 1,881,111 shares of Common Stock of Cedar (the “Additional Common Stock”); provided that after acquisition of the Additional Common Stock the Group will own not more than 14% of Cedar’s issued and outstanding Common Stock. If at any time and from time to time after the date hereof, the Group sells, transfers or otherwise disposes of any shares of Common Stock previously acquired by it, then the Group may not reacquire any Common Stock above the greater of (i) its then existing ownership percentage of Cedar or (ii) the existing 9.9% ownership limit.