INITIAL PERCENTAGE Clause Samples

INITIAL PERCENTAGE. The term "INITIAL PERCENTAGE" means the percentage of then Total Voting Power of the Company represented by the Voting Securities held by a Stockholder at the time of the consummation of the Company's initial public offering.
INITIAL PERCENTAGE. The percentage share of profits and capital of each Joint Venturer shall be (unless modified by the terms of this agreement or by Joint Venturers in writing) as follows. PGM 50% TEXXON 50%
INITIAL PERCENTAGE. The term "Initial Percentage" means the percentage of the Total Voting Power of the Company represented by the Voting Securities held by a Stockholder at the time of the consummation of the Company's initial public offering.