Maximum Ownership Percentage definition

Maximum Ownership Percentage has the meaning set forth in Section 4.3 hereof.

Maximum Ownership Percentage means, calculated at a particular point in time, a Total Ownership Percentage of 49.0%; provided that in the event of a Permitted Acquisition which results in the Shareholder Group’s Total Ownership Percentage exceeding 49.0%, so long as the Shareholder Group’s Total Ownership Percentage exceeds 49.0% due to such Permitted Acquisition, the Maximum Ownership Percentage shall become the Shareholder Group’s Total Ownership Percentage giving effect to such Permitted Acquisition.

Maximum Ownership Percentage means, calculated at a particular point in time, a Total Ownership Percentage of 45.0%, less the Voting Power represented by all Voting Securities Transferred by the Shareholder Group during the term of this Agreement (including the Voting Power represented by any shares of Convertible Preferred Stock which were converted into shares of Common Stock contemporaneously with such Transfer pursuant to the terms of this Agreement).

Examples of Maximum Ownership Percentage in a sentence

• The Holder hereby represents that, after giving effect to the exercise provided for in this Exercise Notice, the Holder Group will not beneficially own a number of shares of Common Stock which exceeds the Holder’s Maximum Ownership Percentage of the total outstanding shares of Common Stock as determined pursuant to the provisions of the Warrant.

• In the event that the Shareholder Group's Total Ownership Percentage falls below the Maximum Ownership Percentage, WRI has certain rights to acquire additional Securities to restore the Total Ownership Percentage of the Shareholder Group to the Maximum Ownership Percentage.

• By written notice to the Company, each holder may increase or decrease the Maximum Ownership Percentage to any other percentage (not in excess of 19.99% for the majority of such warrants).

• In 2004, these centres contracted with approximately 150 associations for implementation of some 222 welfare programmes, including those for women from the suburbs and countryside in general and reproductive health, education and craft training.

• Upon at least 61 days’ prior notice to us by the warrant holder, any warrant holder may increase or decrease the Maximum Ownership Percentage to any other percentage not to exceed 19.99%.

More Definitions of Maximum Ownership Percentage

Maximum Ownership Percentage means, calculated at a particular point in time, a Total Ownership Percentage equal to the Total Ownership Percentage at the time of the Closing.

Maximum Ownership Percentage means, calculated at a particular point in time, a Total Ownership Percentage of 45%, less the voting power represented by all Voting Securities transferred by the Shareholder Group during the term of the Shareholder Agreement (including the Voting Power (as defined under "The Shareholder Agreement") represented by any shares of Convertible Preferred Stock which were converted into shares of New ONEOK Common Stock contemporaneously with such transfer pursuant to the terms of the Shareholder Agreement).

Maximum Ownership Percentage means the percentage specified by a Purchaser in the Securities Purchase Agreement, or otherwise specified by a holder of any Notes, Preferred Shares or Warrants in accordance with the terms of such securities, as the Maximum Ownership Percentage for such Purchaser or holder under any Beneficial Ownership Limitation contained in any of the Transaction Documents. The Maximum Ownership Percentage shall be 9.9% if not otherwise so specified.

Maximum Ownership Percentage set forth in Section 1.1 of the Shareholder Agreement is hereby modified by adding the following proviso at the end thereof: “provided, further that in the event of a reduction in the number of Voting Securities outstanding due to a purchase of Common Stock by the Company or any other event beyond the reasonable control of the Shareholder Group, including by way of example only, a forfeiture of a restricted stock award or the expiration of an option, the Maximum Ownership Percentage shall become the Shareholder Group’s Total Ownership Percentage after giving effect to such reduction in Voting Securities outstanding.” 3.

Maximum Ownership Percentage means 49.9

Maximum Ownership Percentage means 34.9%.

Maximum Ownership Percentage means, with respect to the Shareholders at any time prior to the expiration of the Standstill Period, Voting Power of 50%; provided, that (i) from and after any and each Transfer of Common Stock by any Shareholder (other than as permitted by Section 4.1(b)), the Maximum Ownership Percentage shall be reduced to the Shareholders’ Voting Power, as calculated pursuant to Section 7.1(p), immediately following such Transfer, assuming that the Shareholders had exercised all of their preemptive rights that have been granted and have not expired and (ii) from and after any and each reduction in the outstanding number of shares of Common Stock (including as a result of any forfeiture of any restricted Common Stock or any share repurchase by the Company), the Maximum Ownership Percentage shall be increased to the percentage of the Voting Power held by the Shareholders immediately following such reduction but, in any event, not to exceed a Voting Power of 50% at any time prior to the expiration of the Standstill Period.