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.
Share Ownership Percentage means with respect to any Holder(s) as of any time, a fraction (a) whose numerator is the aggregate number of Purchased Shares owned by such Holder(s) as of such time; and (b) whose denominator is the aggregate number of Purchased Shares that are then outstanding held by all Holders under this Agreement.
Share Ownership Percentage means, as of any applicable date hereunder, and with respect to any Person, a percentage equal to the quotient of:
Examples of Share Ownership Percentage in a sentence
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.