Top-Up Rights. During the term of this Agreement, if the Shareholder Group's Total Ownership Percentage is below the Maximum Ownership Percentage, the Shareholder Group may at its option purchase Voting Securities from time to time in the open market or otherwise in an amount not in excess of the amount that would cause the Shareholder Group's Total Ownership Percentage to exceed the Maximum Ownership Percentage.
Appears in 2 contracts
Samples: Rights Agreement (Heartland Territories Holdings Inc), Rights Agreement (Whitman Corp/New/)
Top-Up Rights. During the term of this Agreement, if the Shareholder Group's ’s Total Ownership Percentage is below the Maximum Ownership Percentage, the Shareholder Group may at its option purchase Voting Securities from time to time in the open market or otherwise in an amount not in excess of the amount that would cause the Shareholder Group's ’s Total Ownership Percentage to exceed the Maximum Ownership PercentageOwnership.
Appears in 2 contracts
Samples: Shareholder Agreement (Pepsico Inc), Shareholder Agreement (Pepsiamericas Inc/Il/)
