Voting Ratio definition

Voting Ratio means the ratio of voting power in the Corporation, which, without considering any voting power of the Series B Preferred Stock, shall be divided 90% to the authorized shares of Common Stock and 10% to the authorized shares of Series A Preferred Stock.
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Voting Ratio. The term Voting Ratio shall, as the context requires, refers to the Voting Ratio with respect to a particular Series or with respect to all of the Series taken together.
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Voting Ratio of a Shareholder means the ratio of the (x) the aggregate number of votes to which the Shares held by such Shareholder are entitled pursuant to Bye-Laws 68 and 69 divided by the number of votes conferred by all issued and outstanding Shares to (y) the aggregate number of Shares owned by such Shareholder divided by the total number of Shares issued and outstanding.
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Examples of Voting Ratio in a sentence

  • In the event that the Corporation, at any time from and after the date of this Certificate of Designation, (i) pays any dividends or distributions with respect to the Common Stock, in the form of additional shares of Common Stock, or (ii) subdivides (by stock split, recapitalization, or otherwise) the outstanding shares of Common Stock into a greater number of shares, the Preferred Stock Voting Ratio in effect immediately prior to any such event, shall be proportionally increased.

  • In the event that the Corporation, at any time from and after the date of this Certificate of Designation, combines (by reverse stock split, recapitalization, or otherwise) the outstanding Common Stock into a smaller number of shares, the Preferred Stock Voting Ratio in effect immediately prior to any such event shall be proportionally decreased.

  • Promptly following any adjustment to the Preferred Stock Voting Ratio as provided in subsection (c) of this Section 4, the Corporation shall (i) file, at the principal office of the Corporation, a statement showing in reasonable detail the facts requiring such adjustment, and, as applicable, the Preferred Stock Voting Ratio that shall be in effect after such adjustment, and (ii) deliver a copy of such statement to each Holder.

  • In consideration for the Purchasers Initial Contribution and the Purchasers willingness to enter into the Operating Agreement, upon the terms and subject to the conditions set forth in this Agreement, the Company shall issue to the Purchaser, upon receipt of each contribution installment, an amount of Membership Units equal to a % Voting Ratio.

  • In the event that the Corporation, at any time from and after the Plan Effective Date, combines (by reverse stock split, recapitalization or otherwise) the outstanding Common Stock into a smaller number of shares, the Conversion Price Cap, the Conversion Price Floor and the Preferred Stock Voting Ratio in effect immediately prior to any such event shall be proportionally decreased.

  • However, this does not apply in the following cases: ■ The aggregate voting rights heldby a buyer and any affiliated persons (as defined in the Securities and Exchange Law) divided by the total voting rights of the target (Total Voting Ratio) after the purchase, does not exceed 5%.

  • If a party intends to purchase shares of public companies (including listed companies, over-the-counter companies, and also other companies that must submit annual security reports) outside the Stock Exchange Market (including the over-the-counter security market), this must generally be made by public offer (Article 27- ■ The Total Voting Ratio exceeds 50% before the purchase and the number of Total Sellers is ten or less.

  • Following the Stockholder Approval Date, and subject to the limitations set forth in Section E.6(a) and Section E.6(b) herein, the Series E Holder of each share of Series E Preferred Stock shall be entitled to the number of votes equal to the number of shares of Common Stock equal to the Voting Ratio.

  • Voting Ratio Not Linked to Sharing Ratios 7-27 Form 7-19.Definitions of “Majority,”“Supermajority,” and “Unanimous Interests” .

  • In the event this Section 3.1(b) be invalidated on any ground by a court of competent jurisdiction, the Voting Ratio shall be the Sharing Ratio for specific matters as required by law but not on all matters that require a vote of the Members under this Agreement.


More Definitions of Voting Ratio

Voting Ratio means, (a) before the Flip Point, in the case of XxXxxx, 51%, and in the case of Higher Perpetual, 49% and (b) from and after the Flip Point, in the case of each Member, 50%, minus any net decrease or plus any net increase, as the case may be, in such Member’s aggregate net Sharing Ratio Offset, subject to any further adjustment set forth in this Agreement.
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Voting Ratio means, as to a Stockholder at the time of determination, the percentage obtained by dividing the number of votes to which such Stockholder and its Affiliates are entitled with respect to the number of shares of Voting Common Stock held by such Stockholder and its Affiliates on a fully-diluted basis at such time by the aggregate number of votes to which all holders of Voting Common Stock are entitled with respect to all of the shares of Voting Common Stock held by all such holders of Voting Common Stock on a fully-diluted basis, in each case, assuming all holders of then outstanding warrants, options and convertible securities of the Corporation which are in the money had converted such convertible securities or exercised such warrants or options immediately prior to such time. For purposes of this Section 1.1.33, the Convertible Notes shall be deemed at all times to be "in the money".
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Voting Ratio means the voting power of each Member in the Company as set forth in Exhibit A and in accordance with this Company Agreement.
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Voting Ratio means, (a) before the Flip Point, in the case of DHS2, 51%, and in the case of the other members, 49% and (b) from and after the Flip Point, in the case of each Member, 5%.
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Voting Ratio means, with respect to any Share in the Company, a fraction (i) the numerator of which is the percentage of the Total Voting Power represented by such Share and
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Related to Voting Ratio

  • Sharing Ratio means, subject in each case to adjustments in accordance with this Agreement or in connection with Dispositions of Membership Interests, (a) in the case of a Member executing this Agreement as of the date of this Agreement or a Person acquiring such Member’s Membership Interest, the percentage specified for that Member as its Sharing Ratio on Exhibit A and (b) in the case of Membership Interests issued pursuant to Section 3.1, the Sharing Ratio established pursuant thereto; provided, however, that the total of all Sharing Ratios shall always equal 100%.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Aggregate Voting Interests The aggregate of the Voting Interests of all the Certificates under this Agreement.

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Funding Ratio means: (a) for a Governmental Plan Investor or other plan not covered by clause (b) below, the total net fair market value of the assets of the plan over the actuarial present value of the plan’s total benefit liabilities, as reported in such plan’s most recent audited financial statements; and (b) for a Pension Plan Investor that is subject to Form 5500 – series reporting requirements, the funding target attainment percentage reported on Schedule SB to the Form 5500 or the funded percentage for monitoring the plan’s status reported on Schedule MB to the Form 5500, as applicable, as reported on the most recently filed Form 5500 by such Pension Plan Investor with the United States Department of Labor.

  • Voting Share means (i) a Common Share of the Company and (ii) any other share of capital stock of the Company entitled to vote generally in the election of directors or entitled to vote together with the Common Shares in respect of any merger, consolidation, sale of all or substantially all of the Company's assets, liquidation, dissolution or winding up. References in this Agreement to a percentage or portion of the outstanding Voting Shares shall be deemed a reference to the percentage or portion of the total votes entitled to be cast by the holders of the outstanding Voting Shares.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments, the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the outstanding amount of its Loans, and L/C Advances, as the case may be; provided further that, the amount of any risk participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination.

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Voting Parity Stock means, with regard to any matter as to which the holders of Designated Preferred Stock are entitled to vote as specified in Sections 7(a) and 7(b) of these Standard Provisions that form a part of the Certificate of Designations, any and all series of Parity Stock upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Voting Interests means shares of capital stock issued by a corporation, or equivalent Equity Interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been suspended by the happening of such a contingency.

  • Adjusted Dilution Ratio means, at any time, the rolling average of the Dilution Ratio for the 12 Calculation Periods then most recently ended.

  • Voting area means the area within six feet of the voting booths, voting

  • Voting Classes means Classes 4 and 5.

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • 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

  • Load Ratio Share means the ratio of a Transmission Customer’s Network Load to the Transmission Provider’s total load.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Voting shall have a correlative meaning.