Outstanding Voting Power definition

Outstanding Voting Power means total number of votes which may be cast in the election of directors of the Issuer at any meeting of shareholders of the Issuer if all Issuer Voting Securities then outstanding were present and voted at such meeting, other than votes that may be cast only by one class or series of stock (other than the Common Stock) or upon the happening of a contingency);
Outstanding Voting Power means, as of any date, the number of votes able to be cast for the election of directors represented by all the shares of common stock of the Corporation.
Outstanding Voting Power means, as of any date, the number of votes able to be cast for the election of directors represented by all the shares of common stock of the Corporation, including the Class A common stock and the Class B common stock, par value $0.01 per share, of the Corporation.

Examples of Outstanding Voting Power in a sentence

  • In the event that the Apollo Group Beneficially Owns less than 10% of the Outstanding Voting Power of the Company, any Director or the whole Board may be removed, with or without cause, at any time, by the affirmative vote of holders of 50% of the Voting Power of the Company, given at an annual meeting or at a special meeting of Members called for that purpose.

  • The provisions of the certificate of incorporation of Micro relating to the Micro Common Shares will not be altered without the consent of a majority of the Outstanding Voting Power held by the Family Stockholders.

  • With respect to any vote pursuant to Section 2.5, and as of any given date, each Approving Family Stockholder shall be entitled to cast a number of votes equal to (i) the Outstanding Voting Power of all Micro Common Shares owned of record by such Approving Family Stockholder, plus (ii) any voting power attributed to such Approving Family Stockholder under Exhibit A hereto.

  • In the event that the Investor and its Affiliates are the beneficial owners of Company Voting Securities representing less than 5% of the Outstanding Voting Power, the Investor shall not be entitled to designate any person to serve as a director of the Company.

  • Except as otherwise provided herein, all actions required to be taken hereunder by the Family Stockholders shall be taken by the holders of a majority of the Outstanding Voting Power held by the Family Stockholders.

  • So long as the Investor is the beneficial owner of Company Voting Securities representing 10% or more of the Outstanding Voting Power, the Investor shall be entitled to designate two persons to serve as directors of the Company.

  • So long as the Investor and its Affiliates are the beneficial owners of Company Voting Securities representing 5% or more but less than 10% of the Outstanding Voting Power, the Investor shall be entitled to designate one person to serve as a director of the Company.

  • If the size of the Board is increased to more than 10 directors, the number of Purchaser Directors will be proportionately increased (rounded to the nearest whole number) to reflect the Purchaser's proportionate percentage ownership of the Company's Outstanding Voting Power.

  • For all matters other than those set forth in Sections 2.4(a) and 2.4(b), the Purchaser and its Affiliates will vote all Purchaser Voting Securities as follows: (1) shares representing up to 28% of the Outstanding Voting Power may be voted in the discretion of the Purchaser and its Affiliates; and (2) shares representing in excess of 28% of the Outstanding Voting Power will be voted in the same proportion that the Public Shareholders of the Company vote their shares.

  • So long as ODD and its Affiliates are the beneficial owners of Company Voting Securities representing 5% or more of the Outstanding Voting Power, ODD shall be entitled to designate one person (who shall be reasonably acceptable to the Board of Directors of the Company, it being agreed that Barr▇▇▇ ▇.


More Definitions of Outstanding Voting Power

Outstanding Voting Power means the voting power of all outstanding shares of Common Stock entitled to vote generally in the election of directors.
Outstanding Voting Power means, as of any date, the number of votes able to be cast for the election of directors represented by all Micro Common Shares outstanding on such date.
Outstanding Voting Power at any date, the total number of votes that would be entitled to be cast on that date in the election of directors of the Company.
Outstanding Voting Power at any date, the total number of votes that would be entitled to be cast on that date in the election of directors of the Company. Person: any individual, corporation (including any non-profit corporation), general partnership, limited partnership, limited liability partnership, joint venture, estate, trust, company (including any limited liability company or joint stock company), firm or other enterprise, association, organization or entity, Pro Rata Share: the fraction of an entire issuance of New Securities, the numerator of which shall be the number of shares of Common Stock owned by Purchaser and its Affiliates immediately prior to such issuance of such New Securities and the denominator of which shall be the aggregate number of shares of Common Stock outstanding immediately prior to such issuance of such New Securities.