Class A Ownership Percentage definition

Class A Ownership Percentage means, at any time, the fraction, expressed as a percentage and rounded to the nearest thousandth of a percent, whose numerator is the number of shares owned of the Class A Applicable Stock and whose denominator is the aggregate number of outstanding shares of Class A common stock and Class B common stock of Mobileye; provided, however, that any shares of Common Stock issued by Mobileye in violation of its obligations under Article VI of this Agreement shall not be deemed outstanding for the purpose of determining the Class A Ownership Percentage.
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Class A Ownership Percentage means 100% less the Class B Ownership Percentage.
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Class A Ownership Percentage means, with respect to each Member and as of the date of computation, the aggregate number of Class A Interests owned by such Member divided by the total number of outstanding Class A Interests.
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Examples of Class A Ownership Percentage in a sentence

  • If the Estimated Revenue Run-Rate Adjustment Amount exceeds the Final Revenue Run-Rate Adjustment Amount, Buyer shall (i) pay the Class A Ownership Percentage of the amount of such excess to Seller and (ii) deposit the Class B Ownership Percentage of the amount of such excess to the Adjustment Account, in each case in the manner and with interest as provided in Section 2.06(d) .

  • Any such plan of liquidation that is approved by the Liquidator and all Members with a Class A Ownership Percentage equal to twenty-five percent (25%) or more is called the “Approved Plan of Liquidation.” The Liquidator shall effect the liquidation of the Company substantially in accordance with the Approved Plan of Liquidation.

  • If Final Stockholders’ Equity exceeds Estimated Closing Stockholders’ Equity, Buyer shall (i) pay the Class A Ownership Percentage of the amount of such excess to Seller and (ii) deposit the Class B Ownership Percentage of the amount of such excess to the Adjustment Account, in each case in the manner and with interest as provided in Section 2.06(d) .

  • For the sake of clarity, if Coinstar exercises the Coinstar Option and purchases that portion of the Class A Interests owned by Ventures sufficient to bring Coinstar’s Class A Ownership Percentage up to fifty-one percent (51%), thereafter Ventures or Coinstar, as the case may be, may trigger the buy-sell provisions of Section 8.06.

  • Solely for purposes of determining the proportionate share of the “excess nonrecourse liabilities” of the Company (within the meaning of Section 1.752-3(a)(3) of the Regulations) in respect of a Member holding Class A Interests, such Member’s interest in the Profits will be in proportion to its Class A Ownership Percentage.