Ownership Ratio definition

Ownership Ratio means, as to a holder of Stockholder Shares at the time of determination, the percentage obtained by dividing the number of shares of Common Stock owned by such holder at such time on a fully diluted as if converted basis, by the aggregate number of shares of Common Stock Deemed Outstanding at such time.

Ownership Ratio means, as to any Person at any time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Person on a fully diluted, as-if-converted basis at such time by the aggregate amount of shares of Common Stock outstanding on a fully diluted, as-if-converted basis at such time. For purposes of this definition, "fully diluted" shall exclude shares of Common Stock issuable pursuant to out-of-the-money options, warrants or other rights and options, warrants or other rights which are not exercisable by the holder thereof on the date of determination.

Ownership Ratio means, as to any Person at any time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Person on a fully diluted, as-if-converted basis at such time by the aggregate amount of shares of Common Stock outstanding fully diluted, as-if-converted basis at such time (without regard to any limitation on conversion set forth herein or otherwise).

Examples of Ownership Ratio in a sentence

• In addition, if a shareholder exercises its right to request the purchase of shares less than one unit in accordance with the Companies Act, the Target might purchase its own shares during the Tender Offer Period in accordance with procedures required by laws and regulations.(Note 4) The Offeror does not intend to acquire treasury shares owned by the Target through the Tender Offer.(6) Changes in Ownership Ratio of Share Certificates, Etc.

• If the securities to be issued pursuant to the Offer do not include any class or series of preferred stock of the Corporation whether by liquidation, dividend or voting rights, the Corporation shall offer to sell to each holder of Convertible Preferred Stock a number of such securities (the "OFFERED SECURITIES") so that such holder's Ownership Ratio immediately after the issuance of such securities would be equal to such holder's Ownership Ratio immediately prior to such issuance of securities.

• The Company shall not adopt any Stockholders Rights Plan that could have the effect of reducing UtiliCorp's Fully Diluted Ownership Ratio below 49.9%.

• Proper adjustment shall be made monthly between advances and actual expense to the end that each Party shall bear and pay its proportionate share in accordance with the Ownership Ratio of actual expenses incurred, and no more.

• If all Owners approve the Extension Proposal (via a unanimous approval of the Committee), then each Owner shall fund, and such Owners shall own, the expanded or extended Gathering System in accordance with its then current, respective Ownership Ratio, and the Parties shall make any conveyance or cross-conveyances necessary to cause record title to the expanded or extended portion of the Gathering System to be so owned by each Owner as provided herein.

More Definitions of Ownership Ratio

Ownership Ratio means the ratio that each unit owner has title to the common property. as

Ownership Ratio means the ratio of shares of Common Stock of the Company held by the Investor on the day immediately preceding the date of the notice described in subsection (c) below to the total number of shares of Common Stock of the Company then outstanding.

Ownership Ratio means, as to a Unitholder at the time of determination, the percentage obtained by dividing the number of Units of the applicable class of Units held by such Unitholder at such time by the aggregate number of Units of the same class of Units held by all Unitholders at such time.

Ownership Ratio has the meaning set forth in Section 5.4.

Ownership Ratio means, as to a Stockholder at the time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Stockholder on a fully diluted basis at such time by the aggregate amount of shares of Common Stock outstanding on a fully diluted basis at such time. For the purpose of calculating the Ownership Ratio for any of (i) 000 Xxxxxxx, XXX or the 399 Individual Investors, such Stockholders shall be aggregated and shall be deemed to have, as a group, their aggregate Ownership Ratio, and (ii) BRS or the BRS Individual Investors, such Stockholders shall be aggregated and shall be deemed to have, as a group, their aggregate Ownership Ratio.

Ownership Ratio shall be a fraction, the numerator of which shall be the number of shares of Borrower Common Stock theretofore issuable upon conversion of this Note, and the denominator of which shall be the shares of Borrower Common Stock outstanding immediately prior to the issuance of such rights, options, warrants or convertible or exchangeable securities, plus the number of shares of Borrower Common Stock theretofore issuable upon the conversion of this Note. Upon the expiration or termination of such rights, options, warrants or convertible or exchangeable securities the issuance of which triggered the adjustments referred to in this Section 1.2.2 prior to any exercise thereof, the number of shares of Borrower Common Stock into which this Note shall be converted shall forthwith be readjusted to the number of shares of Borrower Common Stock that would have been issuable had such expired or terminated rights, options, warrants or convertible or exchangeable securities not been issued by Maker.

Ownership Ratio means, as to a Shareholder at the time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Shareholder on a fully diluted basis at such time by the aggregate amount of shares of Common Stock outstanding on a fully diluted basis at such time.