Percentage Ownership. The percentage ownership shall be calculated by combining the total of a Member’s Voting Capital and Nonvoting Capital and dividing the sum by the total of all the Members’ Voting and Nonvoting Capital. The initial percentages are included in Exhibit 1.
Percentage Ownership. The Pledged Securities of each issuer specifically identified on Schedule 1 hereto constitute, and until this Pledge Agreement terminates shall continue to constitute, the percentage of the outstanding equity of each such issuer as indicated on Schedule 1 hereto.
Percentage Ownership. 4.1 Each Venturer’s respective interest in the Joint Venture (hereinafter called “Percentage Ownership Interest”) is indicated below: · COOL TECHNOLOGIES – fifty - percent (50 %) · KEYOPTIONS–fifty_percent (50 %).
Percentage Ownership. As of the date hereof, the Subsidiary Capital Stock pledged by such Pledgor hereunder and listed on (i) Part A of Schedule 2(b) constitutes all of the Subsidiary Capital Stock of Material Pledged Subsidiaries owned by such Pledgor and (ii) Part B of Schedule 2(b) constitutes all of the Subsidiary Capital Stock of other Subsidiaries owned by such Pledgor that are not Material Pledged Subsidiaries (or, in the case of Excluded Foreign Subsidiary Voting Stock, 66% of the outstanding Excluded Foreign Subsidiary Voting Stock of such Subsidiary).
Percentage Ownership. All of Pledgor’s Interests
Percentage Ownership. The LLC Interest represents one hundred percent (100%) of the membership interests of the Company and thereafter the Collateral will continue to represent the same percentage of the membership interest of the Company, unless otherwise permitted under the Financing Agreement.
Percentage Ownership. The Pledged Shares constitute one hundred percent (100%) of the issued and outstanding shares of stock of each Company.
Percentage Ownership. “Percentage Ownership” of a Person as of any time means the Common Stock held by such Person divided by the total number of shares of Common Stock then issued and outstanding.
Percentage Ownership. In the event the percentage of the outstanding equity of any Issuer owned by a Pledgor shall no longer be that percentage specified on Schedule 1, such Pledgor shall promptly deliver to Agent a supplemental Schedule 1 setting forth the information required pursuant thereto.
Percentage Ownership. It is understood and agreed by the Parties that the aggregate number of shares of Parent Common Stock issuable to the Integrated shareholders by virtue of the Merger as of the date hereof shall equal approximately fifteen percent (15%) of the total issued and outstanding Parent Stock after the Merger (which, for the avoidance of doubt, assumes that all outstanding securities exercisable for, or convertible into, shares of Integrated Common Stock have not been so exercised or converted, and that all of the Integrated Stock Options have not been exercised), as adjusted to appropriately reflect the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Common Stock or Integrated Common Stock), reorganization, recapitalization or other like change with respect to Parent Common Stock or Integrated Common Stock occurring on or after the date hereof and prior to the Effective Time. All options, warrants or other securities of the Integrated convertible into Parent Common Stock, whether authorized and unissued or issued and outstanding, upon issuance and/or conversion, represent approximately zero percent (0%) of the shares of Parent Common Stock outstanding on a fully-diluted basis, assuming consummation of the Merger (which, for the avoidance of doubt, assumes that all the Parent outstanding securities exercisable for, or convertible into, shares of Parent Common Stock have been so exercised or converted, and that all of the Parent Stock Options have been exercised as of the Effective Date).
