Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.
Ownership Threshold means, with respect to a Principal, that members of such Principal’s Group, Beneficially Own, in the aggregate, at least (i) 10,000,000 Common Shares (subject to proportionate and equitable adjustment for any reclassification, recapitalization, stock split, reverse stock split, merger, combination, consolidation, or other reorganization, any split-up, spin-off, or similar extraordinary transaction) or (ii) Common Shares (or other securities convertible or exchangeable into Common Shares) having an aggregate Trading Value equal to at least $400,000,000.
Ownership Threshold has the meaning specified in Section 2.1(a).
Examples of Ownership Threshold in a sentence
Notwithstanding anything to the contrary in this Agreement, the Global Value Director will promptly offer to resign from the Board if the Global Value Group no longer beneficially owns shares of Company’s common stock (which shares are determined to be Net Long Shares (as defined below)) representing in the aggregate more than or equal to the Ownership Threshold.
More Definitions of Ownership Threshold
Ownership Threshold means the dollar value of the ownership guideline of the Common Stock for each Participant as set by the Committee from time to time. In determining such ownership for each Participant, the Committee may conclusively rely on the books and records of the Company.
Ownership Threshold means, at any time of determination, with respect to Xxxxxxx Xxxxx and its Affiliates, 20 percent of the Total Voting Power of the Voting Securities of BlackRock issued and outstanding at such time.
Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares outstanding at any time or (B) the lowest percentage of the outstanding Common Shares Beneficially Owned by such Person on any date on or after the date of this Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on the date of this Agreement.
Ownership Threshold means forty-nine percent (49.0%).
Ownership Threshold means, at any time of determination, the Beneficial Ownership of ten percent (10%) of the Voting Securities outstanding at such time.
Ownership Threshold means the number of Ordinary Shares representing thirty percent (30%) of the issued and outstanding share capital of CLG.
Ownership Threshold means, at any time of determination, five per cent. (5%) of the Voting Securities outstanding at such time;