Ownership Matters definition

Ownership Matters means any of the following matters: • any reduction in the number of outstanding Shares or of Rights on Shares by the Company; • any issuing of Shares or Rights on Shares by the Company (it being understood and agreed that any such issuing shall not be regarded as an Ownership Matter if it occurs within the authorized capital of the Company and provided this authorized capital does not relate to the issuing of a number of Shares higher than 3% of the number of outstanding Shares at the beginning of the period for which the authorized capital shall remain valid); • any decision granting authority to the Company Board to repurchase or buy-back Shares or Rights on Shares by the Company (unless such repurchase or buy-back is made in connection with stock option plans and is of a size and scope customary in the market for companies of similar size); • any merger or split-up of the Company; • any amendment or modification to the by-laws of the Company that would have a material adverse effect on the rights of BRC, EPS or EPS Participations or any other Holder; • any decision to request the delisting of the Company; • the liquidation or dissolution of the Company; • any decision relating to an acquisition or disposal of tangible assets in excess of 1/3rd (one third) of the Company’s consolidated total assets, as reported in the Company’s most recent audited financial statements; and • any decision relating to a modification of the Company’s dividend payout policy (which at the date of this Agreement constitutes a dividend representing a minimum of 25% of the Company’s consolidated profit excluding non-recurring items).
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Ownership Matters means any of the following matters:
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Examples of Ownership Matters in a sentence

  • Ownership Matters There are to the best of our knowledge, no outstanding subscriptions, options, warrants, calls, rights, repurchase rights, or other agreements or commitments of any nature relating to any of the Pledged Securities or restricting the transfer thereof or voting thereunder and each of the shares constituting Pledged Securities have been duly authorized and issued, are fully paid and non-assessable and are free and clear of all liens.

  • GIA shall use reasonable efforts to notify Client and any other interested party of which GIA is aware of any Competing Claims of Ownership Matters for which GIA has received (and not rejected) a Client Notice and Acknowledgment and to notify Client where GIA has received an Agency Notice (as defined above) with respect to a diamond, gem material or other article for which GIA has accepted a Client Notice and Acknowledgment (each such notice from GIA to Client being a “GIA Notice”).

  • RFO Section 4.2.41 addresses requirements related to Intellectual Property and Data Ownership Matters.