Share Ownership Percentage definition

Share Ownership Percentage means, with respect to Investor or a Designated Assignee, the percentage obtained by dividing (x) the number of Fully Diluted Common Shares represented by the Share Equivalents beneficially owned by Investor and its Affiliates or the Designated Assignee and its Affiliates (as the case may be), in the aggregate, as of the date of calculation, by (y) the Share Denominator as of the date of calculation.
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Share Ownership Percentage means, as of any applicable date hereunder, and with respect to any Person, a percentage equal to the quotient of:
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Share Ownership Percentage means with respect to any Holder(s) as of any time, a fraction (a) whose numerator is the aggregate number of Registrable Securities owned (or beneficially owned) by such Holder(s) as of such time; and (b) whose denominator is the aggregate number of Registrable Securities that are then outstanding (or deemed outstanding on an as-converted basis) and held by all Holders under this Agreement.
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Examples of Share Ownership Percentage in a sentence

  • The Agent shall distribute the proceeds of the Note and the Real Property Note to the Non-Trust Selling Stockholders and the Trusts pro rata in proportion to their Applicable Share Ownership Percentage.

  • Applicable Share Ownership Percentage" shall have the meaning specified in Section 1.2 of the Agreement.

  • Each Partner shall have voting rights in proportion to its Partner Share (Ownership Percentage).

  • If the Agent receives the Cash Amount at the Closing, the Agent shall distribute the Cash Amount to the Non-Trust Selling Stockholders and the Trusts pro rata in proportion to their ownership percentage (the "Applicable Share Ownership Percentage") in the Shares as determined from Section 2.28(f) herein.

  • The Crown, subject to and on the terms of this letter, irrevocably applies for and commits to acquire such number of Shares under the Offer (Offer Shares) that, on completion of the Offer, results in the Crown having 51.00% of the total Shares on issue (including all treasury stock held by the Company), rounded up to the nearest whole Share (Ownership Percentage).

  • Until the date that the Share Ownership Percentage of the NLI Parties is less than 15%, NLI shall have the right to second three employees (each, a “Secondee”) to the Company from time to time to non-executive positions or roles at the Company, pursuant to a secondment agreement entered into between NLI and the Company (the “Secondment Agreement”); provided that each Secondee and the terms of each secondment shall be mutually acceptable to the Company and NLI.

  • Adjusted Share Ownership Percentage means, in respect to the Original Pepper Shareholders from time to time, the aggregate number of Shares held by the Original Pepper Shareholders, excluding Incentive Shares, expressed as a percentage of the Adjusted Share Number.

Related to Share Ownership Percentage

  • Voting Share Reduction means an acquisition or redemption by the Corporation of Voting Shares which, by reducing the number of Voting Shares outstanding, increases the proportionate number of Voting Shares Beneficially Owned by any Person to 20% or more of the Voting Shares then outstanding; and

  • 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.