Examples of Beneficially Owns in a sentence
Any Person who Beneficially Owns or Constructively Owns, or attempts to Beneficially Own or Constructively Own shares of Common Stock which causes or will cause a Person to Beneficially Own or Constructively Own shares of Common Stock in excess or in violation of the above limitations must immediately notify the Corporation.
Any Person who Beneficially Owns or Constructively Owns or attempts to Beneficially Own or Constructively Own Shares which causes or will cause a Person to Beneficially Own or Constructively Own Shares in excess or in violation of the above limitations must immediately notify the Company and Transfer Agent (if any) or, in the case of such a proposed or attempted transaction, give at least 15 days prior written notice.
Parent owns of record and Beneficially Owns all outstanding shares of capital stock of Merger Subsidiary.
If Buyer Beneficially Owns less than 40% of the Purchased Shares, Buyer shall have the right to nominate members to the Board of Directors in proportion with Buyer’s ownership of the issued and outstanding Common Stock.
The limitations on Buyer’s ability to nominate and elect any number of directors to the Board of Directors shall terminate if a “group” (as defined under the 1000 Xxx) or Person unaffiliated with Buyer Beneficially Owns 20% or more of the outstanding Common Stock.