Ownership Limit Waiver Agreement definition

Ownership Limit Waiver Agreement means an agreement between the Board of the REIT and a holder of REIT Stock waiving certain equity ownership limits in the REIT charter, which shall be in form and substance reasonably acceptable to the Requisite Consenting Bond Creditors.
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Ownership Limit Waiver Agreement means an agreement between the Board of the REIT and a holder of REIT Stock waiving certain equity ownership limits in the REIT charter.
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Ownership Limit Waiver Agreement. Section 5.17 “Parties” Preamble
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Examples of Ownership Limit Waiver Agreement in a sentence

  • The Company will use its best efforts to monitor the ownership of the Company’s capital stock to ensure that (i) the Ownership Limit Waiver Agreement (the “Invesco Waiver”), by and between the Company and Invesco Advisers, Inc.

  • If the Buyer cannot make the representation called for in Section (a) of the Certificate of Representations and Covenants for Ownership Limit Waiver attached as Exhibit B to the Amended and Restated Ownership Limit Waiver Agreement, then the provisions of the immediately preceding sentence shall apply except that 9.225% shall be substituted for 9.9%.

  • Each of Bellevue Capital Partners, LLC (“Bellevue”) and New York City Advisors, LLC (the “Advisor”) has entered into an Ownership Limit Waiver Agreement as of the date hereof that provides each with an ownership limit waiver effective as of the Determination Date (as defined below) allowing each to be an Excepted Holder (the “Bellevue and Advisor Waivers”).

  • The Board of Directors waives, effective as of the date hereof, the Ownership Limit (as defined in the Charter) with respect to the Shares (as defined in the Charter) held by Investor (as defined in the Ownership Limit Waiver Agreement).

  • Each of the parties has caused this Ownership Limit Waiver Agreement to be signed by its duly authorized officers as of the date set forth in the introductory paragraph of this Agreement.

  • Capitalized terms used and not defined herein shall have the meanings set forth in the Ownership Limit Waiver Agreement.

  • The Company will use its best efforts to monitor the ownership of the Company’s capital stock to ensure that (i) the Ownership Limit Waiver Agreement (the “C&S Waiver”), by and between the Company and Xxxxx & Steers Capital Management, Inc.

  • Section 6(c) shall be amended so that the phrase "Unless the Ownership Limit Waiver Agreement provides otherwise," shall be deleted.

  • At the Closing, the Company and the Investors shall execute and deliver the Ownership Limit Waiver Agreement in the form attached as Exhibit C hereto (the "Ownership Waiver").

  • Except as expressly provided in this Amendment, all of the terms and provisions of the Ownership Limit Waiver Agreement shall remain in full force and effect.


More Definitions of Ownership Limit Waiver Agreement

Ownership Limit Waiver Agreement shall have the meaning set forth in Section 10.19.
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Related to Ownership Limit Waiver Agreement

  • Look-Through Ownership Limit means, for any Look-Through Entity, a number of the Outstanding shares of Class B Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 15% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) by the Aggregate Value of all shares of Equity Stock other than Class B Preferred Stock that are Beneficially Owned by the Look-Through Entity.

  • Ownership Limit means, for any Person other than the Initial Holder or a Look-Through Entity, a number of the Outstanding shares of Class C Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 8.7% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class C Preferred Stock that are Beneficially Owned by the Person.

  • Ownership Limitation shall have the meaning set forth in Section 2.01(c)(i).

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.

  • Common Share Ownership Limit means not more than 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Common Shares, or such other percentage determined by the Manager in accordance with Section 13.9.

  • Common Stock Ownership Limit means not more than 9.8% (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding shares of Common Stock of the Company. The number and value of outstanding shares of Common Stock of the Company shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

  • Aggregate Stock Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding shares of Equity Stock. The value of the outstanding shares of Equity Stock shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

  • Aggregate Ownership Limit means not more than 9.8 percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Shares, or such other percentage determined by the Manager in accordance with Section 13.9.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board pursuant to Section 5.9(ii)(g), and subject to adjustment pursuant to Section 5.9(ii)(h), the percentage limit established by the Board pursuant to Section 5.9(ii)(g).

  • Shared Ownership Lease means a shared ownership lease that meets:

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Voting Agreement has the meaning set forth in the Recitals.

  • Rollover Agreement has the meaning set forth in the Recitals.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Beneficially Own or “Beneficial Ownership” has the meaning assigned to such term in Rule 13d-3 under the Exchange Act, and a Person’s beneficial ownership of securities shall be calculated in accordance with the provisions of such Rule (in each case, irrespective of whether or not such Rule is actually applicable in such circumstance). For the avoidance of doubt, Beneficially Own and Beneficial Ownership shall also include record ownership of securities.

  • Restricted Amendment means the following: (A) an amendment of Specification 1, (B) except to the extent addressed in Section 2.10 hereof, an amendment that specifies the price charged by Registry Operator to registrars for domain name registrations, (C) an amendment to the definition of Registry Services as set forth in the first paragraph of Section 2.1 of Specification 6, or (D) an amendment to the length of the Term.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Initial Holder Limit means a number of the Outstanding shares of Class B Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 15% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class B Preferred Stock that are Beneficially Owned by the Initial Holder. From the Issue Date, the secretary of the Corporation, or such other person as shall be designated by the Board of Directors, shall upon request make available to the representative(s) of the Initial Holder and the Board of Directors, a schedule that sets forth the then-current Initial Holder Limit applicable to the Initial Holder.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).