Initial Ownership Percentage definition

Initial Ownership Percentage shall have the meaning provided in Section 6.1.

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Initial Ownership Percentage means the Ownership Percentage represented by the number of shares of Common Stock beneficially owned by W immediately following the Effective Time. For purposes of this definition, the number of shares of Common Stock beneficially owned by W immediately following the Effective Time shall be calculated assuming the conversion, exchange or exercise into or for shares of Common Stock of all Voting Securities beneficially owned by W at such time.

Initial Ownership Percentage means, with respect to an Investor, its Ownership Percentage immediately following the Closing.

Examples of Initial Ownership Percentage in a sentence

The provisions of this Article V shall terminate with respect to (i) Anchorage when its Ownership Percentage or the Ownership Percentage of a Qualified Transferee to whom Anchorage has assigned its rights in accordance with Section 7.11 is less than 25% of Anchorage’s Initial Ownership Percentage, and (ii) O-Cap when its Ownership Percentage is less than 75% of O-Cap’s Initial Ownership Percentage.
MarineMax shall afford Brunswick, on an all or none basis, the opportunity to purchase shares of the Common Stock of MarineMax that will constitute 14.1% of the issued and outstanding Common Stock of MarineMax after giving effect to the IPO including any overallotment option granted to the underwriters of the IPO (the "Initial Ownership Percentage").
If Brunswick does not purchase the Initial Ownership Percentage as contemplated hereby, Brunswick shall not purchase any shares of Common Stock of MarineMax for at least six months after the completion of the IPO.
Initial Ownership Percentage Interests are set forth on Exhibit A.
The “Quarterly Top Up Shares” for a given calendar quarter shall equal that number of shares of Class A Common Stock equal to (i) the Initial Ownership Percentage, multiplied by (ii) 110.90% of the Net New Securities issued during such calendar quarter.
The amount payable by Curis for achievement of any particular Development Milestone Event set forth in Section 6.6(c) shall be subject to reduction by the applicable percentage set forth below if, at the time such Development Milestone Event is achieved, the Current POI (as defined below) has declined by [**]% or less from the Initial Ownership Percentage (“Initial POI”).

More Definitions of Initial Ownership Percentage

Initial Ownership Percentage means the Ownership Percentage of BNP and its Affiliates immediately following the Closing.

Initial Ownership Percentage means fourteen and one-tenth percent (14.1%) of the issued and outstanding Common Stock of the Company after giving effect to the IPO, if Brunswick purchases the shares of Common Stock of the Company as contemplated by the Agreement Relating to the Purchase of MarineMax Common Stock between Brunswick and the Company.

Initial Ownership Percentage means, as to the Series A Unitholders 77.4%, and as to the Series B Unitholders 22.6%.

Initial Ownership Percentage means the percentage of the Company Common Stock outstanding Owned by the Stockholder Group on the Effective Date.

Initial Ownership Percentage means 9.9% of the fully diluted economic interests of the Company.