Aggregate Share Ownership Limit definition

Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.
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Aggregate Share Ownership Limit means 9.9%, in value or number of shares, whichever is more restrictive, of the aggregate of the outstanding Shares, or such other percentage determined by the Board of Directors in accordance with Section 6.1.8 of the Charter.
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Aggregate Share Ownership Limit has the meaning provided in the Articles of Incorporation.
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Examples of Aggregate Share Ownership Limit in a sentence

  • Subject to Section 6.1.1(a)(ii), the Board of Directors may from time to time increase or decrease the Common Share Ownership Limit and the Aggregate Share Ownership Limit for one or more Persons and increase or decrease the Common Share Ownership Limit and the Aggregate Share Ownership Limit for all other Persons.

  • The Board of Trustees may from time to time increase the Common Share Ownership Limit and the Aggregate Share Ownership Limit.

  • The product of the Applicable Percentage and the REIT Shares Amount, if applicable, shall be delivered by the General Partner as duly authorized, validly issued, fully paid and accessible REIT Shares free of any pledge, lien, encumbrance or restriction, other than the Aggregate Share Ownership Limit and other restrictions provided in the Article of Incorporation, the bylaws of the General Partner, the Securities Act and relevant state securities or “blue sky” laws.

  • For the purpose of this Article VII, the following terms shall have the following meanings: Aggregate Share Ownership Limit.

  • No Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own Shares in excess of the Aggregate Share Ownership Limit; (B) no Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own Common Shares in excess of the Common Share Ownership Limit; and (C) no Excepted Holder shall Beneficially Own or Constructively Own Shares in excess of the Excepted Holder Limit for such Excepted Holder.


More Definitions of Aggregate Share Ownership Limit

Aggregate Share Ownership Limit means 9.8% in value of the aggregate of the outstanding shares of capital stock and 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of shares of capital stock, or such other percentages determined by the Board of Directors in accordance with Section 5.9(ii)(h).
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Aggregate Share Ownership Limit shall have the meaning set forth in the Articles of Incorporation.
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Aggregate Share Ownership Limit has the meaning set forth in the Charter.
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Aggregate Share Ownership Limit means 9.8 percent (in vote or value, whichever is more restrictive) of the aggregate of the outstanding Equity Shares. The vote and value of the outstanding Equity Shares shall be determined by the Trustees in good faith, which determination shall be conclusive for all purposes of this Article V.
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Aggregate Share Ownership Limit means 9.9% in value of the aggregate of the outstanding Shares. The value of the outstanding Shares shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.
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Aggregate Share Ownership Limit shall have the meaning set forth in the Charter.
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Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares.
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