Controlled Shares definition

Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.
Controlled Shares in reference to any person means:
Controlled Shares in reference to any Person means: (i) all capital shares of the Company that such Person is deemed to own directly, indirectly or by attribution (within the meaning of Section 958 of the United States Internal Revenue Code of 1986, as amended) and (ii) all capital shares of the Company directly, indirectly or beneficially owned by such person within the meaning of section 13(d) of the United States Securities Exchange Act of 1934, as amended (the "Exchange Act") (including any shares owned by a "group" of persons as so defined and including any capital shares that would otherwise be excluded by section 13(d) of the Exchange Act).

Examples of Controlled Shares in a sentence

  • Any direct or indirect shareholder who has actual knowledge that (without giving effect to voting power adjustments or eliminations under this Article 21) he or it is a holder of Controlled Shares having more than 9.5 per cent.

  • US Shareholder exists, the aggregate votes conferred by shares held by a shareholder that are treated as Controlled Shares of that Tentative 9.5 per cent US Shareholder shall be reduced to the extent necessary such that the Controlled Shares of the Tentative 9.5 per cent.

  • Where shares held by more than one shareholder are treated as Controlled Shares of such Tentative 9.5 per cent.

  • Voting power shall not be conferred upon the Controlled Shares of such United States Person or its transferee pursuant to Article 21.3.4 to the extent that conferring such voting power would cause the Company to be a CFC, as determined by the board.

  • Um, and even if theycould, they are not aware of the benefits it could bring to them.So [00:23:00] lack of information and lack of democratization, I would say.


More Definitions of Controlled Shares

Controlled Shares of any Person means all Common Shares owned by such Person, whether:
Controlled Shares of any Person means all Common Shares and shares of any other class or classes of shares of the Company conferring voting rights owned by such Person, whether:
Controlled Shares of any Person means all shares of the issued and outstanding share capital of the Company owned by such Person, whether:
Controlled Shares in reference to any person means all Shares that such person is deemed to own directly, indirectly (within the meaning of Section 958(a) of the Code) or, in the case of any U.S. Person, constructively (within the meaning of Section 958(b) of the Code).
Controlled Shares means, in reference to any person, all Shares that such person owns or is deemed to own directly, indirectly (within the meaning of Section 958(a)(2) of the Code) or constructively (within the meaning of Section 958(b) of the Code and Treasury Regulations promulgated thereunder and under Section 957 of the Code).
Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code and Treasury Regulations promulgated thereunder and under Section 957 of the Code;
Controlled Shares in reference to any Person means (i) all capital shares of RenaissanceRe such Person is deemed to own directly, indirectly or by attribution (within the meaning of Section 958 of the Code) and (ii) all capital shares of RenaissanceRe directly, indirectly or beneficially owned by such Person (within the meaning of section 13(d) of the Exchange Act).