Common use of Methodology for Calculations Clause in Contracts

Methodology for Calculations. For purposes of calculating the number of outstanding shares of Capital Stock or Voting Securities and the number of shares of Capital Stock or Voting Securities of any Person Beneficially Owned by any other Person as of any date, any shares of Capital Stock or Voting Securities held in treasury or belonging to any Subsidiary of such Person which are not entitled to be voted or counted for purposes of determining the presence of a quorum pursuant to Section 160(c) of the Delaware General Corporation Law (or any successor statute (the "DGCL")) shall be disregarded.

Appears in 2 contracts

Samples: Implementation and Stockholder Agreement (BlackRock Inc.), Implementation and Stockholder Agreement (Blackrock Inc /Ny)

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Methodology for Calculations. For purposes of calculating the number of outstanding shares of Capital Stock or Voting Securities and the number of shares of Capital Stock or Voting Securities of any Person Beneficially Owned by any other Person as of any date, any shares of Capital Stock or Voting Securities held in treasury or belonging to any Subsidiary of such Person which are not entitled to be voted or counted for purposes of determining the presence of a quorum pursuant to Section 160(c) of the Delaware General Corporation Law (or any successor statute (the "DGCL")) shall be disregarded.. ARTICLE II

Appears in 1 contract

Samples: And Stockholder Agreement

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Methodology for Calculations. (a) For purposes of calculating the number of outstanding shares of Capital Common Stock or Voting Securities and the number of shares of Capital Common Stock or Voting Securities of any Person Beneficially Owned by any other Person an R Party or TD as of any date, any shares of Capital Common Stock or Voting Securities held in the Company’s treasury or belonging to any Subsidiary Subsidiaries of such Person the Company which are not entitled to be voted or counted for purposes of determining the presence of a quorum pursuant to Section 160(c) of the Delaware General Corporation Law DGCL (or any successor statute (the "DGCL")statute) shall be disregarded.

Appears in 1 contract

Samples: Stockholders Agreement (Ameritrade Holding Corp)

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