Beneficial Ownership Maximum definition
Beneficial Ownership Maximum shall have the meaning ascribed to such term in Section 2.1.
Beneficial Ownership Maximum means 19.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of the Securities on the Closing Date
Beneficial Ownership Maximum shall have the meaning ascribed to such term in Section 2.1. “BHCA” shall have the meaning ascribed to such term in Section 3.1(mm). “Board of Directors” means the board of directors of the Company.
Examples of Beneficial Ownership Maximum in a sentence
To the extent that a Purchaser’s beneficial ownership of the Units would otherwise be deemed to exceed the Beneficial Ownership Maximum, such Purchaser’s Subscription Amount shall automatically be reduced as necessary in order to comply with this paragraph.
To the extent that a Purchaser’s beneficial ownership of the Shares would otherwise be deemed to exceed the Beneficial Ownership Maximum, such Purchasers’ Subscription Amount shall automatically be reduced as necessary in order to comply with this paragraph.