Foreign Ownership Percentage definition

Foreign Ownership Percentage means, at any date with respect to any Person, the percentage of the interest in such Person, at each tier of ownership of such Person and in the aggregate, that is owned and controlled (determined in accordance with the standards of section 12102(c)(1) and (2) of Title 46 of the United States Code (as amended by the American Fisheries Act) and any regulations thereunder or relevant thereto, all as effective on or after October 1, 2001 (whether the date of determination is before or after such date), or as determined under any analogous provisions of any successor statutes or regulations by Foreign Persons.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Foreign Ownership Percentage means, with respect to you as of the date of this Subscription Agreement, the portion of your interest in Brookfield Real Estate Income Trust Inc. that is held by Foreign Persons directly or indirectly through any one or more U. S. Persons.

Foreign Ownership Percentage means, with respect to you as of the date of this Subscription Agreement, the portion of your interest in Fortress Net Lease REIT that is held by Foreign Persons directly or indirectly through any one or more U.S. Persons.

Examples of Foreign Ownership Percentage in a sentence

Use separate paper as needed, and provide the information in the following format: Offeror's Point of Contact for Questions about Disclosure (Name and Phone Number with Country Code, City Code and Area Code, as applicable) Name and Address of Offeror Name and Address of Entity Description of Interest, Controlled by a Foreign Ownership Percentage, and Government Identification of Foreign Government (a) Definitions.
Subject to Sections 5.6 and 7.4 of the Charter, nothing contained in this Section 7.2 shall limit the authority of the Board of Directors of the Corporation to take such other action as it deems necessary or advisable to protect the Corporation and the interests of its stockholders in preserving the Corporation’s status as a REIT or ensuring that the Foreign Ownership Percentage is not exceeded.
Such redemption shall be apportioned among the Remedial Conversion Holders in proportion to their respective holdings of Partnership Units or other Securities that are taken into account in determining the Partnership’s Foreign Ownership Percentage.
The Board of Directors may from time to time increase the Common Stock Ownership Limit and the Aggregate Stock Ownership Limit (but not the Foreign Ownership Percentage).
In determining the nature and structure of any Public Liquidity Event to be undertaken, the General Partner shall take into account relevant considerations under pertinent tax laws, securities laws (including the Investment Company Act of 1940), and laws relating to the assets and activities of the Business, including limitations on the Foreign Ownership Percentage, as well as the advice of financial advisors and investment bankers.
Use separate paper as needed, and provide the information in the following format: Offeror's Point of Contact for Questions about Disclosure (Name and Phone Number with Country Code, City Code and Area Code, as applicable) Name and Address of Offeror Name and Address of Entity Description of Interest, Controlled by a Foreign Ownership Percentage, and Government Identification of Foreign Government -the- ovision, have the meanings given in -7009).
Except as set forth on Schedule 5.26, none of the Credit Parties is a Foreign Person, and none of the Credit Parties is owned, directly or indirectly, by a Foreign Person to the extent that the Foreign Ownership Percentage would exceed the Safe Harbor Percentage.
No Foreign Person and no Person more than 15% of the equity of which is owned by Foreign Persons shall have any right to purchase Additional Securities pursuant to this Article IV if following such proposed purchase the Foreign Ownership Percentage of the Partnership would exceed the Safe Harbor Percentage.

More Definitions of Foreign Ownership Percentage

Foreign Ownership Percentage means, at any date with respect to any ---------------------------- Person, the percentage of the interest in such Person, at each tier of ownership of such Person and in the aggregate, that is owned and controlled (determined in accordance with the standards of Section 12102(c)(1) and (2) of Title 46 of the United States Code (as amended by the AFA) and any regulations thereunder or relevant thereto, all as effective on or after October 1, 2001, or as determined under any analogous provisions of any successor statutes or regulations) by Foreign Persons.

Foreign Ownership Percentage means, at any date with respect to any Person, the maximum percentage of the interest in such Person, at each tier of ownership of such Person and in the aggregate, that is owned and controlled (by Foreign Persons, such percentage and control to be determined in accordance with the standards of Section 121029c)(1) and (2) of Title 46 of the United States Code (as amended by the AFA) and any regulations thereunder or relevant thereto, all as effective on or after October 1, 2001, or as determined under any analogous provisions of any successor statutes or regulations; provided, however, that, other than in the context of an Active Violation, any “Non-Complying Shares” (as such term is defined in the Amended and Restated Articles of Incorporation of ASC as of the Funding Date or as may be amended thereafter with the consent of MARAD) that have been reported to MARAD (with a copy provided to the Holders) promptly upon any AS Entity becoming aware thereof shall be excluded for purposes of determining Foreign Ownership Percentage until such time as MARAD shall (i) issue any letter or written notice, finding or determination that the fishery endorsement of any Vessel is invalid or (ii) otherwise cease or fail to consent to such Non-Complying Shares (as so defined) being so excluded for purposes of any Fisheries Law.

Foreign Ownership Percentage has the meaning set forth in the Foreign Ownership Percentage Annex to the Investor Questionnaire.